Company Overview

The Saudi National Bank provides various banking products and services in Saudi Arabia. The company operates through four segments: Retail, Wholesale, Capital Market, and International. The Retail segment provides banking services, including lending and current accounts, as well as products in compliance with Shariah rules to individuals and private banking customers. The Wholesale segment offers various conventional credit-related products and financing products to small sized businesses, medium and large establishments, and companies, as well as various treasury and correspondent banking products and services comprising money market and foreign exchange; carries out investment and trading activities; and manages liquidity, market, and credit risks related to investments. The Capital Market segment offers wealth management, asset management, investment banking, and shares brokerage services. The International segment provides banking services outside Saudi Arabia. It also distributes and markets Islamic insurance products; operates as a private equity and hedge fund; issues bonds; invests in and manages real estate development projects; engages in trading in derivatives and repos/reverse repos activities; and provides recruitment and trade finance services. In addition, the company offers debit and credit cards; online and mobile banking services; safe deposit boxes; and cash management and currency exchange services. It operates through 506 branches, 12 retail service centers, 7 corporate service centers, and 130 QuickPay remittance centers in Saudi Arabia, as well as four overseas branches in the Kingdom of Bahrain, the United Arab Emirates, Qatar, and the Republic of Singapore. The company was formerly known as The National Commercial Bank and changed its name to The Saudi National Bank in April 2021. The Saudi National Bank was founded in 1953 and is headquartered in Riyadh, Saudi Arabia.

  • Name

    The Saudi National Bank

  • CEO

    Tareq Abdulrahman AlSadhan

  • Website

    www.alahli.com

  • Sector

    Banks

  • Year Founded

    1950

Profile

  • Market Cap

    SAR 205.4B

  • EV

  • Shares Out

    5,945M

  • Revenue

    SAR 34.09B

  • Employees

    16,084

Margins

  • Gross

  • EBITDA

  • Operating

  • Pre-Tax

    66.32%

  • Net

    59.38%

  • FCF

    -114.37%

Returns (5Yr Avg)

  • ROA

    1.98%

  • ROTA

    13.23%

  • ROE

    12.85%

  • ROCE

  • ROIC

    2.3%

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

    SAR 47.26

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

  • Net Debt

    SAR 111.33B

  • Debt/Equity

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

    17.03%

  • Rev 5Yr

    13.61%

  • Rev 10Yr

  • Dil EPS 3Yr

    7.96%

  • Dil EPS 5Yr

    5.71%

  • Dil EPS 10Yr

    4.39%

  • Rev Fwd 2Yr

    8.04%

  • EBITDA Fwd 2Yr

  • EPS Fwd 2Yr

    5.66%

  • EPS LT Growth Est

    5.17%

Dividends

  • Yield

  • Payout

    54.97%

  • DPS

    SAR 1.8

  • DPS Growth 3Yr

    44.23%

  • DPS Growth 5Yr

    2.71%

  • DPS Growth 10Yr

    4.93%

  • DPS Growth Fwd 2Yr

    5.63%

SASE:1180