The Saudi National Bank
SASE-1180
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%