Shares of Alinma Bank hit all-time high

09/01/2022 Argaam Special

Logo of Alinma Bank


Shares of Alinma Bank reached a lifetime high of SAR 26.20 today, Jan. 9.

 

The stock traded 3% higher to close the session at SAR 26.10 – its highest close since debut, with a trading volume of around 15 million shares; the highest since November 2021.

 

Alinma Bank was founded in 2006 and was listed on the Saudi Stock Exchange (Tadawul) in 2008.

 

In 2020, the Saudi bank increased its capital to SAR 20 billion via a bonus issue.

 

Alinma is engaged in Shariah-compliant banking as well as investment operations.

 

Alinma Stock Performance

Annual High (SAR)

26.20

Jan. 9, 2022

Annual Low (SAR)

15.90

Feb. 4, 2021

Historical High (SAR)

26.20

Jan. 9, 2022

Historical Low (SAR)

6.56

March 2, 2011

Highest Traded Volume (mln shares)

797.7

June 3, 2008 (Listing date)

 

The following table shows the most prominent financial indicators:

 

Key Financial Indicators

EPS (last 12 months) (SAR)

1.24

P/E (Last 12 months) (x)

21.05

Book Value (SAR)

12.58

P/B ratio (x)

2.07

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.