SNB shares hit lowest close since March 2021

28/11/2022 Argaam Special
Logo of Saudi National Bank (SNB)

Logo of Saudi National Bank (SNB)


Shares of Saudi National Bank (SNB) hit their lowest close since March 2021, rising 1% to SAR 52.20, with a trading volume of 4.3 million shares.

 

The stock reached its lowest level of SAR 51.50.

 

National Commercial Bank (NCB) was listed on the Saudi Stock Exchange (Tadawul) in 2014. 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)

82.00

May 8, 2022

Annual Low (SAR)

51.50

Today, Nov. 28, 2022

Historical High (SAR)

82.00

May 8, 2022

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)

3.75

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

13.77

Book Value (SAR)

32.82

P/B Ratio (x)

1.59

 

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

2021

Merger

30.00

44.78

49%

2018

Bonus

20.00

30.00

50%

 

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