Stock 1180 THE SAUDI NATIONAL BANK
Add to a list
To use this feature you must be a member
Log inSign up

Financials The Saudi National Bank

Equities

1180

SA13L050IE10

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
36.95 SAR 0.00% Intraday chart for The Saudi National Bank -1.99% -4.40%
Apr. 17 Most Gulf markets end lower on US rate cut worries RE
Apr. 17 Saudi’s Neom Eyes Debut Sukuk Sale to Raise Funds for $1.5 Trillion Project MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 147,315 129,635 285,663 224,132 229,737 219,545 - -
Enterprise Value (EV) 1 147,315 129,635 285,663 224,132 229,737 219,545 219,545 219,545
P/E ratio 13.4 x 11.8 x 21.6 x 12.5 x 12 x 10.8 x 9.99 x 9.26 x
Yield 4.67% - 2.41% 3.37% - 4.81% 5.18% 5.71%
Capitalization / Revenue 7.15 x 6.04 x 10 x 6.79 x 6.64 x 5.86 x 5.45 x 5.09 x
EV / Revenue 7.15 x 6.04 x 10 x 6.79 x 6.64 x 5.86 x 5.45 x 5.09 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.14 x 1.63 x 1.76 x 1.35 x 1.31 x 1.32 x 1.2 x 1.12 x
Nbr of stocks (in thousands) 3,988,229 3,987,224 5,914,352 5,917,669 5,944,035 5,941,667 - -
Reference price 2 36.94 32.51 48.30 37.88 38.65 36.95 36.95 36.95
Announcement Date 1/29/20 2/16/21 2/2/22 2/1/23 2/5/24 - - -
1SAR in Million2SAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 20,607 21,458 28,462 33,003 34,589 37,444 40,290 43,106
EBITDA - - - - - - - -
EBIT 1 14,276 14,961 18,599 23,220 24,232 26,746 29,323 31,716
Operating Margin 69.28% 69.72% 65.34% 70.36% 70.06% 71.43% 72.78% 73.58%
Earnings before Tax (EBT) 1 12,919 12,933 14,438 21,277 22,773 23,813 25,656 27,956
Net income 1 11,401 11,440 12,670 18,580 20,010 20,718 22,608 24,242
Net margin 55.33% 53.31% 44.51% 56.3% 57.85% 55.33% 56.11% 56.24%
EPS 2 2.760 2.752 2.235 3.038 3.230 3.406 3.700 3.991
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.725 - 1.162 1.275 - 1.776 1.913 2.110
Announcement Date 1/29/20 2/16/21 2/2/22 2/1/23 2/5/24 - - -
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 - 7,800 7,389 8,065 8,373 8,448 8,118 8,731 8,497 8,737 8,625 8,968 9,128 9,454 9,724
EBITDA - - - - - - - - - - - - - - -
EBIT 1 - 5,049 4,577 5,640 5,808 6,017 5,755 6,290 5,888 5,975 6,079 6,270 - - -
Operating Margin - 64.73% 61.95% 69.93% 69.36% 71.23% 70.9% 72.04% 69.29% 68.39% 70.48% 69.92% - - -
Earnings before Tax (EBT) 1 - 4,310 3,897 - 5,307 5,407 5,405 5,794 5,795 5,673 - 5,683 - - -
Net income 1 5,530 3,785 3,350 4,502 4,589 4,725 4,770 5,022 5,016 5,010 4,963 4,943 5,022 5,191 5,407
Net margin - 48.53% 45.34% 55.82% 54.81% 55.93% 58.76% 57.52% 59.03% 57.34% 57.54% 55.12% 55.02% 54.91% 55.6%
EPS 2 - - - - - - - - 0.8100 0.8000 0.8100 0.8141 0.8267 0.8559 0.8930
Dividend per Share 2 - - - - - - - - - - - - 0.8854 - 0.9685
Announcement Date 8/5/21 10/24/21 2/2/22 4/27/22 8/1/22 10/30/22 2/1/23 5/1/23 8/2/23 10/24/23 2/5/24 - - - -
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) 17.1% 15.5% 10.5% 11.6% 11.7% 12.1% 12.4% 12.8%
ROA (Net income/ Total Assets) 2.38% 2.07% 1.04% 2% 2.02% 1.93% 1.91% 1.9%
Assets 1 479,717 553,132 1,214,067 929,790 991,281 1,074,409 1,184,880 1,274,527
Book Value Per Share 2 17.30 19.90 27.40 28.00 29.60 28.00 30.80 32.90
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/29/20 2/16/21 2/2/22 2/1/23 2/5/24 - - -
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 The Saudi National Bank

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
36.95 SAR
Average target price
47.54 SAR
Spread / Average Target
+28.66%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Islamic Banks

1st Jan change Capi.
THE SAUDI NATIONAL BANK Stock The Saudi National Bank
-4.40% 58.55B
KUWAIT FINANCE HOUSE K.S.C.P. Stock Kuwait Finance House K.S.C.P.
+8.54% 39B
ALINMA BANK Stock Alinma Bank
+5.27% 21.7B
BANK ALBILAD Stock Bank Albilad
-4.29% 11.6B
ABU DHABI ISLAMIC BANK Stock Abu Dhabi Islamic Bank
+10.67% 11.07B
BOUBYAN BANK K.S.C.P. Stock Boubyan Bank K.S.C.P.
+3.00% 7.95B
PT BANK SYARIAH INDONESIA TBK Stock PT Bank Syariah Indonesia Tbk
+41.95% 7.02B
MASRAF AL RAYAN (Q.P.S.C.) Stock Masraf Al Rayan (Q.P.S.C.)
-6.78% 6.32B
DUKHAN BANK Q.P.S.C. Stock Dukhan Bank Q.P.S.C.
-1.89% 5.57B
BANK ALJAZIRA Stock Bank AlJazira
+8.42% 4.43B
Islamic Banks
  1. Stock Market
  2. Equities
  3. 1180 Stock
  4. Financials The Saudi National Bank