Stock 1010 RIYAD BANK
Add to a list
To use this feature you must be a member
Log inSign up

Financials Riyad Bank

Equities

1010

SA0007879048

Banks

End-of-day quote Saudi Arabian S.E.
Other stock markets
 06:00:00 2024-04-24 pm EDT 		5-day change 1st Jan Change
27.7 SAR -0.18% Intraday chart for Riyad Bank -1.25% -2.81%
Apr. 04 Morgan Stanley: Saudi Banks’ Liquidity Pressures Ease on Back of Strong Deposit Mix in February MT
Apr. 04 PIF-backed Riyad Bank says board considers IPO of investment banking unit RE

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 72,000 60,600 81,300 95,400 85,358 82,962 - -
Enterprise Value (EV) 1 72,000 60,600 81,300 95,400 85,358 82,962 82,962 82,962
P/E ratio 12.8 x 12.9 x 13.5 x 13.7 x 11 x 10.2 x 9.55 x 9.01 x
Yield 4.46% 2.48% 3.84% 3.62% 4.91% 5.3% 5.5% 5.99%
Capitalization / Revenue 6.72 x 5.41 x 7.03 x 7.02 x 5.37 x 4.94 x 4.67 x 4.34 x
EV / Revenue 6.72 x 5.41 x 7.03 x 7.02 x 5.37 x 4.94 x 4.67 x 4.34 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.77 x 1.37 x 1.72 x 1.92 x 1.59 x 1.41 x 1.31 x 1.22 x
Nbr of stocks (in thousands) 3,000,000 3,000,000 3,000,000 3,000,000 2,995,000 2,995,000 - -
Reference price 2 24.00 20.20 27.10 31.80 28.50 27.70 27.70 27.70
Announcement Date 1/26/20 2/25/21 3/9/22 2/13/23 2/12/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 10,717 11,205 11,568 13,599 15,899 16,795 17,761 19,101
EBITDA - - - - - - - -
EBIT 1 7,043 7,571 7,603 9,189 10,930 11,451 12,181 13,571
Operating Margin 65.72% 67.56% 65.72% 67.57% 68.75% 68.18% 68.58% 71.05%
Earnings before Tax (EBT) 1 6,232 5,484 6,718 7,828 8,971 9,281 9,783 10,443
Net income 1 5,602 4,715 6,025 7,019 8,046 8,277 8,736 9,281
Net margin 52.27% 42.08% 52.08% 51.62% 50.61% 49.28% 49.18% 48.59%
EPS 2 1.870 1.570 2.010 2.320 2.580 2.726 2.902 3.076
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.070 0.5000 1.040 1.150 1.400 1.469 1.523 1.659
Announcement Date 1/26/20 2/25/21 3/9/22 2/13/23 2/12/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 - 2,817 2,949 3,102 3,230 3,525 3,742 4,036 3,952 3,978 3,932 4,140 4,182 4,243 4,339
EBITDA - - - - - - - - - - - - - - -
EBIT 1 - 1,808 1,986 2,068 2,166 2,351 2,605 2,875 2,718 2,679 2,658 2,856 - - -
Operating Margin - 64.21% 67.34% 66.67% 67.05% 66.68% 69.6% 71.22% 68.77% 67.35% 67.6% 68.99% - - -
Earnings before Tax (EBT) 1 - 1,727 1,753 - 1,809 2,040 2,235 2,252 2,210 2,330 - 2,316 2,303 2,368 2,209
Net income 1 2,865 1,543 1,617 1,553 1,611 1,828 2,028 2,010 1,982 2,089 1,955 2,099 2,017 2,020 1,933
Net margin - 54.78% 54.83% 50.06% 49.88% 51.85% 54.19% 49.8% 50.16% 52.52% 49.71% 50.69% 48.23% 47.6% 44.54%
EPS 2 - - - - - - - 0.6500 0.6400 0.6700 0.6300 0.6637 0.6940 0.6860 0.6877
Dividend per Share 2 - - - - - - - - - - - - 0.6893 - 0.7468
Announcement Date 8/5/21 11/2/21 3/9/22 5/10/22 8/9/22 10/27/22 2/13/23 5/2/23 7/23/23 10/22/23 2/12/24 - - - -
1SAR in Million2SAR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 14.5% 11.1% 13.1% 14.5% 15.6% 14.7% 14.5% 14.7%
ROA (Net income/ Total Assets) 2.26% 1.64% 1.9% 2.05% 2.16% 2.07% 1.97% 1.97%
Assets 1 247,843 287,939 317,892 342,690 373,253 399,232 443,067 472,058
Book Value Per Share 2 13.50 14.80 15.80 16.50 17.90 19.60 21.10 22.70
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/26/20 2/25/21 3/9/22 2/13/23 2/12/24 - - -
1SAR in Million2SAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Riyad Bank

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
27.7 SAR
Average target price
34.81 SAR
Spread / Average Target
+25.68%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

1st Jan change Capi.
RIYAD BANK Stock Riyad Bank
-2.81% 22.12B
JPMORGAN CHASE & CO. Stock JPMorgan Chase & Co.
+13.75% 556B
BANK OF AMERICA CORPORATION Stock Bank of America Corporation
+12.36% 298B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED Stock Industrial and Commercial Bank of China Limited
+8.64% 247B
WELLS FARGO & COMPANY Stock Wells Fargo & Company
+21.72% 210B
BANK OF CHINA LIMITED Stock Bank of China Limited
+16.11% 170B
CHINA CONSTRUCTION BANK CORPORATION Stock China Construction Bank Corporation
+6.88% 162B
HSBC HOLDINGS PLC Stock HSBC Holdings plc
+4.42% 153B
ROYAL BANK OF CANADA Stock Royal Bank of Canada
+0.10% 139B
HDFC BANK LIMITED Stock HDFC Bank Limited
-11.67% 138B
Other Banks
  1. Stock Market
  2. Equities
  3. 1010 Stock
  4. Financials Riyad Bank