Riyad Bank

1010

SA0007879048

Banks

End-of-day quote Saudi Arabian S.E. Other stock markets 06:00:00 2024-04-23 pm EDT			5-day change	1st Jan Change
27.75 ^SAR	-2.12%		-1.42%	-2.63%

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

Riyad Bank Reports Earnings Results for the First Quarter Ended March 31, 2022

May 09, 2022

Riyad Bank reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported net interest income was SAR 2,160.15 million. Net income was SAR 1,552.59 million.

Latest news about Riyad Bank

Morgan Stanley: Saudi Banks’ Liquidity Pressures Ease on Back of Strong Deposit Mix in February	Apr. 04	MT
PIF-backed Riyad Bank says board considers IPO of investment banking unit	Apr. 04	RE
Riyad Bank to Evaluate Potential IPO of Riyad Capital	Apr. 04	MT
PMI: Saudi Arabia's Non-Oil Private Sector Growth Continues in March	Apr. 03	MT
Saudi Arabia's non-oil business activity grows robustly in March, PMI shows	Apr. 03	RE
Riyad Capital Secures Refinancing Deal for Riyad REIT’s Existing Facility	Mar. 28	MT
Saudi National Bank Acting Chief Steps Down; New CEO Named	Mar. 27	MT
Riyad Bank Saudi Arabia PMI Jumps in February Amid New Order Growth	Mar. 05	MT
Riyad Bank Saudi Arabia PMI Jumps in February Amid New Order Growth	Mar. 05	MT
Saudi Arabia's non oil business activity rebounds in Feb, PMI survey shows	Mar. 04	RE
Riyad Bank Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 19	CI
Riyad Bank Recommends Cash Dividend for the Second Half of 2023	Feb. 12	CI
Saudi Arabia's non-oil business activity slows to 2-year low in Jan-PMI	Feb. 04	RE
Riyad Bank Announces CEO Changes	Dec. 12	CI
Saudi non-oil activity eases in November but outlook improves -PMI	Dec. 04	RE
New orders lift Saudi non-oil business activity growth to 4-month high-PMI	Nov. 05	RE
Riyad Bank Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-30	CI
SS&C Technologies Says its Automation Platform Chosen by Riyad Bank	23-08-15	MT
Riyad Bank Reports Earnings Results for the Second Quarter Ended June 30, 2023	23-07-22	CI
Blinken visits Saudi Arabia amid strained ties, Israel normalization in mind	23-06-06	RE
Riyad Bank Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-01	CI
Riyad Bank Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-19	CI
Riyad Bank and Al Rajhi Bank Eye Acquisition of Egypt's United Bank	23-02-16	CI
Saudi non-oil private sector activity eases in December	23-01-02	RE
Riyad Bank Recommends Cash Dividend for the Second Half of 2022	22-12-18	CI

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Company Profile

Riyad Bank SJSC is a Saudi Arabia-based company that provides a full range of banking and investment services. The Company operates in following segments: Retail banking , which includes deposits, credit and investment products for individuals and small to medium sized businesses; Investment banking and brokerage that includes Investment management services and asset management activities related to dealing, managing, arranging, advising and custody of securities; Corporate banking is engaged in handling corporate customersâ current accounts, deposits and providing loans, overdrafts and other credit facilities; and Treasury and investments includes money market, trading and treasury services, derivative products as well as the management of investment portfolios. The Bank also provides nonconventional banking products which are approved and supervised by an independent Shariah Board established by the Bank.

Sector

Banks

Calendar

2024-04-29 - Q1 2024 Earnings Release (Projected)

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Ratings for Riyad Bank

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

27.75 SAR

Average target price

34.81 SAR

Spread / Average Target

+25.45%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Other Banks

Riyad Bank

Equities

1010

SA0007879048

Banks

Riyad Bank Reports Earnings Results for the First Quarter Ended March 31, 2022

EPS Revisions