SNB shares hit highest close since debut

13/04/2022 Argaam Special
SNB building

SNB building


Shares of Saudi National Bank (SNB) hit their highest level since debut, at SAR 76.80 today, April 13.

 

The stock ended the session more than 1% higher to SAR 75.90 – its highest close since listing, with a trading volume of 13.5 million shares. 

 

National Commercial Bank (NCB) was listed on the Saudi Stock Exchange (Tadawul) in 2014; then it merged with Samba Financial Group in April 2021, under “Saudi National Bank,” with SAR 44.78 billion in capital.

 

SNB Stock Performance

Annual High (SAR)

76.80

Today, April 13

Annual Low (SAR)

52.20

April 14, 2021

Historical High (SAR)

76.80

Today, April 13

Historical Low (SAR)

21.34

Sept. 29, 2016

Highest Traded Volume (SAR mln)

96.50

Nov. 18, 2014

 

 The following table shows the bank’s key financial indicators:

 

Key Financial Indicators

Earnings Per Share (last 12 months) (SAR)

2.83

Operating P/E (last 12 months) (x)

25.36

Book Value (SAR)

33.50

P/B Ratio (x)

2.27

 

The bank increased its capital twice, one of which was for the purpose of merger with Samba, while the other was through a bonus issue.

 

Capital Amendments (SAR bln)

Date

Method

Previous Capital

New Capital

Variation

2020

Merger

30.00

44.78

49%

2018

Bonus 

20.00

30.00

50%

 

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