BSF posts 14% rise in Q1 2021 profit to SAR 780 mln

05/05/2021 Argaam Exclusive
4

Banque Saudi Fransi (BSF) reported a net profit of SAR 780 million for the first quarter of 2020, a 14% rise from SAR 682 million a year earlier.

 

The profit rise was primarily attributed to a 6.93% year-on-year (YoY) decrease in operating expenses, and 2.22% YoY growth in total operating income, driven by higher trading income, as well as net fee and commission income.  



Current Quarter Comparison (M)

Compared With The
Item Q1 2020 Q1 2021 Change‬
Net Special Commission Income 1,287.24 1,287.32 0.0 %
Operating Income 1,756.94 1,795.51 2.2 %
Debt Provisions (397.57) (290.08) 27.0 %
Net Income 682.08 779.68 14.3 %
Average Shares 2,500.00 2,500.00 -
Earnings Per Share before unusual items 0.27 0.31 14.3 %
EPS (Riyals) 0.27 0.31 14.3 %
EPS Diluted (Riyal) 0.28 0.30 8.7 %

When compared to Q4 2020, BSF’s net profit surged eight times from SAR 94 million.

 

Total shareholders’ equity, excluding minority interest, rose by 15.5% YoY to SAR 39.198 billion in Q1 2021.

Balance Sheet (B)

Item 3m 2020 3m 2021 Change‬
Assets 199.18 202.23 1.5 %
Customer Deposits 146.77 132.99 (9.4 %)
Loan 134.88 134.10 (0.6 %)

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Share Price

18.60
0.10 0.54 %

Banque Saudi Fransi (BSF)

Created with Highstock 6.0.710:1010:2010:3010:4010:5011:0011:2011:3011:4011:5012:0012:1012:3012:4012:5013:0013:1013:2013:3013:4013:5014:0014:1014:2014:3014:4014:5015:1052.2552.3052.3552.4052.4552.5052.5552.6052.6552.7052.7552.8052.85
Close : 52.60 | Mar 27, 15:18

Current
Market Cap (M Riyal) 46,500.00
Shares Outstanding ((M)) 2,500.00
EPS ( Riyal) (TTM) 1.82
EPS Diluted ( Riyal) (TTM) 1.72
Book Value (BV) ( Riyal) 15.44
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 10.23
P/E (TTM) 10.23
Price/book 1.20
Return on Average Assets (%) (TTM) 1.7
Return on Average Equity (%) (TTM) 12.1

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Comments 4

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خبير 1998

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ممتاز للغاية
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kareem

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في هذه الضروف النتائج رائعة جداااااا
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شركه  تستحق سعر اعلى من 30 ريال
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alkhamis

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