Al Rajhi Banking and Investment Corporation

SASE-1120

Basic

Market Cap
SAR 334B
EV
—
Shares Out
4,000M
Revenue
SAR 26.41B
Employees
20,878

Margins

Gross
—
EBITDA
—
Operating
—
Pre-Tax
71.26%
Net
63.91%
FCF
-116.35%

Returns (5Yr Avg)

ROA
2.35%
ROTA
19.13%
ROE
19.07%
ROCE
—
ROIC
2.73%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
SAR 86.43
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
—
Net Debt
-SAR 9,311.42M
Debt/Equity
—
EBIT/Interest
—

Growth (CAGR)

Rev 3Yr
10.36%
Rev 5Yr
10.07%
Rev 10Yr
—
Dil EPS 3Yr
11.58%
Dil EPS 5Yr
31.83%
Dil EPS 10Yr
8.51%
Rev Fwd 2Yr
10.56%
EBITDA Fwd 2Yr
—
EPS Fwd 2Yr
13.2%
EPS LT Growth Est
8.59%

Dividends

Yield
—
Payout
57.33%
DPS
SAR 2.3
DPS Growth 3Yr
54.39%
DPS Growth 5Yr
5.9%
DPS Growth 10Yr
9.39%
DPS Growth Fwd 2Yr
59.85%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Interest Income On Loans						16,962.6	17,378	21,441.5	28,201.6	38,737.6	40,772.3
Interest Income, Total						16,962.6	17,378	21,441.5	28,201.6	38,737.6	40,772.3
Interest On Deposits						534.9	464.9	1,049.6	6,028.9	17,468.5	18,981.6
Interest Expense, Total						534.9	464.9	1,049.6	6,028.9	17,468.5	18,981.6
Net Interest Income						16,427.7	16,913	20,391.9	22,172.7	21,269.1	21,790.7
Gain (Loss) on Sale of Assets			—			-1.9	8	47.5	1.3	9.9	9.9
Gain (Loss) on Sale of Invest. & Securities						21.6	33.4	-37.9	-208.8	32.1	32.1
Income (Loss) on Equity Invest.						23.5	42.9	32	20.2	87.9	87.9
Total Other Non Interest Income						3,013.6	3,723.9	5,282.8	6,589.6	6,132.5	6,059.4
Non Interest Income, Total						3,056.7	3,808.2	5,324.5	6,402.3	6,262.3	6,189.2
Revenues Before Provison For Loan Losses						19,484.5	20,721.3	25,716.4	28,575	27,531.4	27,979.9
Provision For Loan Losses						1,772.3	2,165.7	2,345.1	2,001.3	1,504.2	1,566.6
Total Revenues						17,712.2	18,555.5	23,371.3	26,573.8	26,027.2	26,413.3
Total Revenues % Chg.						12.2%	4.8%	26%	13.7%	-2.1%	-0.8%
Salaries And Other Employee Benefits						2,794	2,977.3	3,132.3	3,395.2	3,525.1	3,588.9
Occupancy Expense						1,059.6	1,118.1	1,141.9	1,291.1	1,578	1,665.2
Selling General & Admin Expenses, Total						2,532.2	2,646.4	2,652.2	2,724.4	2,394.8	2,337.4
Non Interest Expense, Total						6,385.8	6,741.9	6,926.5	7,410.7	7,497.9	7,591.6
EBT, Excl. Unusual Items						11,326.4	11,813.6	16,444.8	19,163.1	18,529.3	18,821.7
Total Merger & Related Restructuring Charges	—	—	—	—	—	—	—	—	-1.4	—	—
Asset Writedown	—	—	—	—	—	—	—	—	-39	—	—
EBT, Incl. Unusual Items						11,326.4	11,813.6	16,444.8	19,122.7	18,529.3	18,821.7
Income Tax Expense	—	—	—	—		1,167.8	1,218.1	1,698.6	1,971.9	1,908.1	1,941
Earnings From Continuing Operations						10,158.5	10,595.5	14,746.2	17,150.8	16,621.2	16,880.7
Net Income						10,158.5	10,595.5	14,746.2	17,150.8	16,621.2	16,880.7
Preferred Dividend and Other Adjustments	—	—	—	—	—	—	—	—	196.6	820.7	834
Net Income to Common Incl Extra Items						10,158.5	10,595.5	14,746.2	16,954.3	15,800.5	16,046.8
Net Income to Common Excl. Extra Items						10,158.5	10,595.5	14,746.2	16,954.3	15,800.5	16,046.8
Total Shares Outstanding						4,000	4,000	4,000	4,000	4,000	4,000
Weighted Avg. Shares Outstanding						4,000	4,000	4,000	4,000	4,000	4,000
Weighted Avg. Shares Outstanding Dil						4,000	4,000	4,000	4,000	4,000	4,000
EPS						2.5	2.6	3.7	4.2	4	4
EPS Diluted						2.5	2.6	3.7	4.2	4	4
Effective Tax Rate	—	—	—	—		10.3%	10.3%	10.3%	10.3%	10.3%	10.3%