SNB hits highest level since April 2024
Shares of Saudi National Bank (SNB) rose today, Jan. 13, to SAR 41.26 each, marking their highest level since April 2024.
The stock is trading higher by 1%.
| Year High (SAR) | Year Low (SAR) |
| 42.00 | 31.55 |
| Highest Since Debut (SAR) | Lowest Since Debut (SAR) |
| 61.20 | 15.92 |
The bank has carried out several capital adjustments since its market debut.
Market Data :
| Open | 40.90 |
| Low | 40.74 |
| High | 42.00 |
| Previous Close | 40.90 |
| Change (3M) | 7.46 % |
| Change (6M) | 9.18 % |
| Market Value | 252,000.00 |
| Avg. Volume (3M) | 4,034,958.71 |
| Avg. Turnover (3M) | 154,822,506.83 |
| Avg. Transaction (3M) | 4,293.47 |
| Change(12M) | 23.01 % |
| YTD | 7.97 % |
Adjustments to the capital (M Riyal) :
| Date | Type | Capital (M Riyal) | Change (%) |
| 2023 | Split | 60,000.00 | 33.99% |
| 2020 | Private Offering | 44,780.00 | 49.27% |
| 2018 | Split | 30,000.00 | 50.00% |
| 2014 | IPO | 20,000.00 | 0.00% |
| 2014 | Split | 20,000.00 | 33.33% |
| 2007 | Split | 15,000.00 | 66.67% |
Financial Performance :
Overview :
The bank was originally founded in 1939 and commenced business as a general partnership company under the name “Saleh and Abdulaziz Kaki and Salem Bin Mahfouz Company”. In 2011, the Saudi government acquired a 79.29% stake in the bank, through the Public Investment Fund (PIF) and General Organization for Social Insurance (GOSI). In 2021, Samba Financial Group was merged into the bank including all rights and assets of the group creating the largest bank in Saudi Arabia under The...
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Financial Ratios :
| Financial Ratio | Current |
| Market Cap (M Riyal) | 250,440.00 |
| Shares Outstanding ((M)) | 6,000.00 |
| EPS ( ) (TTM) | 4.03 |
| Book Value (BV) ( Riyal) (Latest announcement) | 29.96 |
| Recurring P/E | 10.42 |
| Price/book | 1.39 |
| Dividends Per Share ( ) | - |
| Dividend Yield (%) (Last Year) | 4.52 |
| Return on Average Assets (%) (TTM) | 2.07 |
| Return on Average Equity (%) (TTM) | 13.91 |
| EPS Diluted ( Riyal) | 3.90 |
| Par Value ( Riyal) | 10.00 |
No upcoming events available
Analyst Estimates :
47.29
Fair Average Price
14
Number of Recommendations
| Rating | Research firm | Current Price | Target Price | Change | |
| Aggregate | AlphaMena | 38.06 | 43.40 | 14.03 % | |
| Buy | FAB Securities | 38.38 | 47.00 | 22.46 % | |
| Buy | Sico | 37.90 | 48.00 | 26.65 % | |
| Buy | HSBC | 37.20 | 52.00 | 39.78 % | |
| Aggregate | AlphaMena | 38.08 | 42.90 | 12.66 % | |
| Buy | United Securities Company | 38.30 | 46.00 | 20.10 % | |
| Buy | Bank of America | 38.82 | 48.10 | 23.91 % | |
| Neutral | Citi Bank Group | 39.40 | 48.50 | 23.10 % | |
| Buy | Goldman Sachs | 39.40 | 48.00 | 21.83 % | |
| Aggregate | U-Capital | 38.80 | 44.20 | 13.92 % | |
| Buy | EFG-Hermes | 39.14 | 49.00 | 25.19 % | |
| Buy | Jefferies | 38.50 | 50.00 | 29.87 % | |
| Buy | Riyad Capital | 38.50 | 44.00 | 14.29 % | |
| Buy | GTN | 38.62 | 51.00 | 32.06 % |
Call Request
Comments Analysis: