SNB profit up 2.3% to SAR 10.27B in H1 2024; Q2 at SAR 5.23B

SNB profit up 2.3% to SAR 10.27B in H1 2024; Q2 at SAR 5.23B

04/08/2024 Argaam Exclusive

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Saudi National Bank (SNB) reported a net profit of SAR 10.27 billion in H1 2024, a rise of 2.3%, from SAR 10.03 billion in the year-earlier period.



Financials (M)

Item 6m 2023 6m 2024 Change‬
Net Special Commission Income 13,302.48 13,962.26 5.0 %
Operating Income 17,227.96 17,855.86 3.6 %
Total Provisions (556.94) (750.46) (34.7 %)
Net Income 10,037.10 10,270.17 2.3 %
Average Shares 6,000.00 6,000.00 -
EPS (Riyals) 1.67 1.71 2.3 %
EPS Diluted (Riyals) 1.62 1.66 2.5 %


Current Quarter Comparison (M)

Compared With The
Item Q2 2023 Q2 2024 Change‬
Net Special Commission Income 6,521.82 7,050.93 8.1 %
Operating Income 8,494.37 8,916.44 5.0 %
Debt Provisions (66.10) (95.45) (44.4 %)
Net Income 5,015.56 5,230.56 4.3 %
Average Shares 6,000.00 6,000.00 -
EPS (Riyals) 0.84 0.87 4.3 %
EPS Diluted (Riyal) 0.81 0.84 3.2 %

The second-quarter net profit rose 4.2% to SAR 5.23 billion, compared to SAR 5.01 billion in Q2 2023.

 

Net earnings climbed 3.7% from SAR 5.04 billion in Q1 2024.

Balance Sheet (B)

Item 6m 2023 6m 2024 Change‬
Assets 996.20 1,088.11 9.2 %
Customer Deposits 602.21 632.69 5.1 %
Loan 577.85 637.24 10.3 %

Total shareholders’ equity, no minority interest, rose to SAR 179.2 billion as of June 30, 2024, from SAR 170.17 billion a year earlier.

 

View More Financial Results

 


Financial results (Million)

Period Net Special Commission Income Change Operating Income Change Debt Provisions Change
Q1 2015 3,033.56 12.0 % 4,447.54 15.1 % (218.33) (6.2 %)
Q2 2015 3,122.72 9.8 % 4,282.93 1.6 % (278.85) (403.9 %)
Q3 2015 3,255.60 16.7 % 4,312.86 4.8 % (713.13) (77.9 %)
Q4 2015 3,169.96 3.5 % 4,442.37 9.6 % (390.05) 18.9 %
Q1 2016 3,435.82 13.3 % 4,723.97 6.2 % (346.63) (58.8 %)
Q2 2016 3,348.18 7.2 % 4,660.25 8.8 % (381.30) (36.7 %)
Q3 2016 3,441.72 5.7 % 4,662.80 8.1 % (839.11) (17.7 %)
Q4 2016 3,323.86 4.9 % 4,600.36 3.6 % (363.93) 6.7 %
Q1 2017 3,359.46 (2.2 %) 4,859.82 2.9 % (421.98) (21.7 %)
Q2 2017 3,472.91 3.7 % 4,478.34 (3.9 %) (477.71) (25.3 %)
Q3 2017 3,453.44 0.3 % 4,491.53 (3.7 %) (707.21) 15.7 %
Q4 2017 3,375.17 1.5 % 4,515.54 (1.8 %) (285.96) 21.4 %
Q1 2018 3,418.57 1.8 % 4,779.24 (1.7 %) 2.34 100.6 %
Q2 2018 3,573.43 2.9 % 4,660.55 4.1 % (335.31) 29.8 %
Q3 2018 3,637.42 5.3 % 4,731.60 5.3 % (610.35) 13.7 %
Q4 2018 4,493.72 33.1 % 4,755.83 5.3 % (403.75) (41.2 %)
Q1 2019 3,754.08 9.8 % 4,950.81 3.6 % (145.33) (6323.9 %)
Q2 2019 3,907.43 9.3 % 5,050.41 8.4 % (324.74) 3.2 %
Q3 2019 3,872.62 6.5 % 4,996.53 5.6 % (662.64) (8.6 %)
Q4 2019 4,848.32 7.9 % 5,576.93 17.3 % (287.23) 28.9 %
Q1 2020 4,157.22 10.7 % 5,305.26 7.2 % (396.09) (172.6 %)
Q2 2020 3,957.52 1.3 % 4,765.75 (5.6 %) (827.95) (155.0 %)
Q3 2020 4,197.76 8.4 % 5,637.61 12.8 % (378.85) 42.8 %
Q4 2020 4,372.15 (9.8 %) 5,749.32 3.1 % (348.00) (21.2 %)
Q1 2021 4,178.08 0.5 % 5,719.31 7.8 % (286.37) 27.7 %
Q2 2021 5,888.35 48.8 % 7,587.82 59.2 % (2,414.67) (191.6 %)
Q3 2021 6,205.90 47.8 % 7,874.43 39.7 % (732.08) (93.2 %)
Q4 2021 5,935.26 35.8 % 7,054.16 22.7 % (527.75) (51.7 %)
Q1 2022 6,108.44 46.2 % 8,092.89 41.5 % (386.25) (34.9 %)
Q2 2022 6,823.91 15.9 % 8,345.18 10.0 % (592.20) 75.5 %
Q3 2022 6,577.80 6.0 % 8,447.82 7.3 % (540.55) 26.2 %
Q4 2022 6,777.04 14.2 % 8,118.66 15.1 % (166.50) 68.5 %
Q1 2023 6,780.66 11.0 % 8,733.59 7.9 % (490.84) (27.1 %)
Q2 2023 6,521.82 (4.4 %) 8,494.37 1.8 % (66.10) 88.8 %
Q3 2023 6,833.34 3.9 % 8,736.77 3.4 % 76.07 114.1 %
Q4 2023 6,887.12 1.6 % 8,624.68 6.2 % (427.02) (156.5 %)
Q1 2024 6,911.33 1.9 % 8,939.42 2.4 % (655.01) (33.4 %)
Q2 2024 7,050.93 8.1 % 8,916.44 5.0 % (95.45) (44.4 %)


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
Q1 2015 2,605.57 2.8 % 0.65 - 2,605.57 0.65
Q2 2015 2,362.92 (2.6 %) 0.59 - 2,362.92 0.59
Q3 2015 1,994.14 6.7 % 0.50 - 1,994.14 0.50
Q4 2015 2,126.56 16.5 % 0.53 - 2,126.56 0.53
Q1 2016 2,630.81 1.0 % 0.65 - 2,630.81 0.65
Q2 2016 2,437.54 3.2 % 0.61 - 2,437.54 0.61
Q3 2016 1,961.78 (1.6 %) 0.49 - 1,961.78 0.49
Q4 2016 2,286.72 7.5 % 0.57 - 2,286.72 0.57
Q1 2017 2,702.56 2.7 % 0.67 - 2,702.56 0.67
Q2 2017 2,417.42 (0.8 %) 0.60 - 2,417.42 0.60
Q3 2017 2,125.61 8.4 % 0.53 - 2,125.61 0.53
Q4 2017 2,556.39 11.8 % 0.64 - 2,556.39 0.64
Q1 2018 2,592.19 (4.1 %) 0.64 - 2,592.19 0.64
Q2 2018 2,166.35 (10.4 %) 0.54 - 2,166.35 0.54
Q3 2018 2,120.36 (0.2 %) 0.53 - 2,120.36 0.53
Q4 2018 2,705.58 5.8 % 0.67 - 2,705.58 0.67
Q1 2019 2,775.54 7.1 % 0.69 - 2,775.54 0.69
Q2 2019 2,685.59 24.0 % 0.67 - 2,685.59 0.67
Q3 2019 2,550.70 20.3 % 0.63 - 2,550.70 0.63
Q4 2019 3,389.61 25.3 % 0.84 - 3,389.61 0.84
Q1 2020 2,834.20 2.1 % 0.71 - 2,834.20 0.71
Q2 2020 2,087.73 (22.3 %) 0.52 - 2,087.73 0.52
Q3 2020 3,158.40 23.8 % 0.79 - 3,158.40 0.79
Q4 2020 3,359.77 (0.9 %) 0.84 - 3,359.77 0.84
Q1 2021 3,408.47 20.3 % 0.62 - 3,408.47 0.62
Q2 2021 2,315.88 10.9 % 0.42 (42.00) 2,357.88 0.43
Q3 2021 3,980.27 26.0 % 0.72 (31.00) 4,011.27 0.73
Q4 2021 2,963.56 (11.8 %) 0.54 (90.00) 3,053.56 0.55
Q1 2022 4,501.58 32.1 % 0.75 - 4,501.58 0.75
Q2 2022 4,589.12 98.2 % 0.76 - 4,589.12 0.76
Q3 2022 4,724.56 18.7 % 0.79 - 4,724.56 0.79
Q4 2022 4,765.43 60.8 % 0.79 - 4,765.43 0.79
Q1 2023 5,021.54 11.6 % 0.84 - 5,021.54 0.84
Q2 2023 5,015.56 9.3 % 0.84 - 5,015.56 0.84
Q3 2023 5,009.62 6.0 % 0.83 - 5,009.62 0.83
Q4 2023 4,963.24 4.2 % 0.83 - 4,963.24 0.83
Q1 2024 5,039.61 0.4 % 0.84 - 5,039.61 0.84
Q2 2024 5,230.56 4.3 % 0.87 - 5,230.56 0.87

Profitability

Period Return On Average Assets Return on Average Equity Net Interest Income/Total Operating Income
Q1 2015 2.01 % 19.45 % 69.69 %
Q2 2015 1.93 % 18.71 % 71.07 %
Q3 2015 1.92 % 19.01 % 72.96 %
Q4 2015 2.06 % 19.41 % 71.96 %
Q1 2016 2.02 % 18.46 % 73.10 %
Q2 2016 2.01 % 18.39 % 72.82 %
Q3 2016 2.00 % 18.35 % 72.45 %
Q4 2016 2.09 % 18.36 % 72.66 %
Q1 2017 2.08 % 17.67 % 71.73 %
Q2 2017 2.07 % 17.88 % 73.10 %
Q3 2017 2.15 % 17.92 % 73.84 %
Q4 2017 2.21 % 17.97 % 74.47 %
Q1 2018 2.18 % 17.36 % 75.12 %
Q2 2018 2.08 % 17.18 % 74.92 %
Q3 2018 2.08 % 17.16 % 74.94 %
Q4 2018 2.14 % 16.85 % 79.90 %
Q1 2019 2.16 % 16.78 % 80.94 %
Q2 2019 2.21 % 17.70 % 81.04 %
Q3 2019 2.24 % 18.75 % 81.14 %
Q4 2019 2.38 % 19.13 % 79.62 %
Q1 2020 2.29 % 19.68 % 80.20 %
Q2 2020 2.10 % 17.85 % 81.55 %
Q3 2020 2.14 % 18.49 % 80.62 %
Q4 2020 2.07 % 17.51 % 77.76 %
Q1 2021 2.12 % 18.77 % 76.38 %
Q2 2021 1.68 % 11.66 % 75.47 %
Q3 2021 1.76 % 12.26 % 76.66 %
Q4 2021 1.67 % 11.56 % 78.65 %
Q1 2022 1.81 % 12.31 % 78.86 %
Q2 2022 1.73 % 10.82 % 79.94 %
Q3 2022 1.80 % 11.38 % 79.67 %
Q4 2022 2.00 % 12.37 % 79.65 %
Q1 2023 2.01 % 12.48 % 80.13 %
Q2 2023 2.00 % 12.86 % 78.88 %
Q3 2023 1.99 % 13.20 % 78.96 %
Q4 2023 2.02 % 12.86 % 78.12 %
Q1 2024 1.96 % 12.58 % 78.04 %
Q2 2024 1.94 % 12.69 % 78.61 %

Balance Sheet (B)

Period Assets Change Customer Deposits Change Loan Change
Q1 2015 449.80 7.0 % 342.85 2.9 % 227.13 15.1 %
Q2 2015 461.41 5.9 % 360.98 4.5 % 234.28 13.6 %
Q3 2015 476.83 8.9 % 367.37 6.8 % 238.60 11.7 %
Q4 2015 448.64 3.2 % 323.87 (2.8 %) 252.94 14.6 %
Q1 2016 452.00 0.5 % 326.03 (4.9 %) 265.34 16.8 %
Q2 2016 452.61 (1.9 %) 314.71 (12.8 %) 264.77 13.0 %
Q3 2016 438.76 (8.0 %) 311.23 (15.3 %) 259.92 8.9 %
Q4 2016 442.66 (1.3 %) 315.62 (2.5 %) 253.59 0.3 %
Q1 2017 449.00 (0.7 %) 313.65 (3.8 %) 254.20 (4.2 %)
Q2 2017 450.49 (0.5 %) 314.69 0.0 % 256.90 (3.0 %)
Q3 2017 446.19 1.7 % 302.59 (2.8 %) 256.85 (1.2 %)
Q4 2017 444.79 0.5 % 308.94 (2.1 %) 249.23 (1.7 %)
Q1 2018 438.90 (2.2 %) 309.00 (1.5 %) 252.78 (0.6 %)
Q2 2018 455.73 1.2 % 317.65 0.9 % 266.04 3.6 %
Q3 2018 460.83 3.3 % 325.46 7.6 % 268.25 4.4 %
Q4 2018 452.18 1.7 % 318.70 3.2 % 265.06 6.4 %
Q1 2019 464.91 5.9 % 309.68 0.2 % 267.22 5.7 %
Q2 2019 476.59 4.6 % 327.44 3.1 % 274.83 3.3 %
Q3 2019 496.59 7.8 % 340.38 4.6 % 279.07 4.0 %
Q4 2019 506.82 12.1 % 353.39 10.9 % 281.84 6.3 %
Q1 2020 534.56 15.0 % 375.05 21.1 % 304.77 14.1 %
Q2 2020 556.86 16.8 % 380.40 16.2 % 315.84 14.9 %
Q3 2020 576.63 16.1 % 408.47 20.0 % 336.41 20.5 %
Q4 2020 599.44 18.3 % 416.42 17.8 % 346.71 23.0 %
Q1 2021 599.57 12.2 % 419.43 11.8 % 356.72 17.0 %
Q2 2021 897.36 61.1 % 588.13 54.6 % 501.80 58.9 %
Q3 2021 903.85 56.7 % 589.19 44.2 % 502.48 49.4 %
Q4 2021 914.15 52.5 % 588.57 41.3 % 497.57 43.5 %
Q1 2022 921.56 53.7 % 606.72 44.7 % 514.63 44.3 %
Q2 2022 958.47 6.8 % 593.01 0.8 % 536.19 6.9 %
Q3 2022 964.42 6.7 % 596.89 1.3 % 536.18 6.7 %
Q4 2022 945.50 3.4 % 568.28 (3.4 %) 545.31 9.6 %
Q1 2023 976.06 5.9 % 610.79 0.7 % 566.34 10.0 %
Q2 2023 996.20 3.9 % 602.21 1.6 % 577.85 7.8 %
Q3 2023 1,027.13 6.5 % 624.77 4.7 % 595.72 11.1 %
Q4 2023 1,037.08 9.7 % 590.05 3.8 % 601.53 10.3 %
Q1 2024 1,072.14 9.8 % 656.26 7.4 % 625.20 10.4 %
Q2 2024 1,088.11 9.2 % 632.69 5.1 % 637.24 10.3 %

Ratios

Period Customer Deposits Per Total Assets Loans and advances/Total assets Loans and advances/Customers Deposits
Q1 2015 76.22 % 50.49 % 66.25 %
Q2 2015 78.23 % 50.78 % 64.90 %
Q3 2015 77.04 % 50.04 % 64.95 %
Q4 2015 72.19 % 56.38 % 78.10 %
Q1 2016 72.13 % 58.70 % 81.39 %
Q2 2016 69.53 % 58.50 % 84.13 %
Q3 2016 70.93 % 59.24 % 83.51 %
Q4 2016 71.30 % 57.29 % 80.35 %
Q1 2017 69.86 % 56.62 % 81.05 %
Q2 2017 69.86 % 57.03 % 81.64 %
Q3 2017 67.82 % 57.57 % 84.88 %
Q4 2017 69.46 % 56.03 % 80.67 %
Q1 2018 70.40 % 57.59 % 81.80 %
Q2 2018 69.70 % 58.38 % 83.75 %
Q3 2018 70.63 % 58.21 % 82.42 %
Q4 2018 70.48 % 58.62 % 83.17 %
Q1 2019 66.61 % 57.48 % 86.29 %
Q2 2019 68.70 % 57.67 % 83.93 %
Q3 2019 68.54 % 56.20 % 81.99 %
Q4 2019 69.73 % 55.61 % 79.75 %
Q1 2020 70.16 % 57.01 % 81.26 %
Q2 2020 68.31 % 56.72 % 83.03 %
Q3 2020 70.84 % 58.34 % 82.36 %
Q4 2020 69.47 % 57.84 % 83.26 %
Q1 2021 69.96 % 59.50 % 85.05 %
Q2 2021 65.54 % 55.92 % 85.32 %
Q3 2021 65.19 % 55.59 % 85.28 %
Q4 2021 64.39 % 54.43 % 84.54 %
Q1 2022 65.84 % 55.84 % 84.82 %
Q2 2022 61.87 % 55.94 % 90.42 %
Q3 2022 61.89 % 55.60 % 89.83 %
Q4 2022 60.10 % 57.67 % 95.96 %
Q1 2023 62.58 % 58.02 % 92.72 %
Q2 2023 60.45 % 58.01 % 95.95 %
Q3 2023 60.83 % 58.00 % 95.35 %
Q4 2023 56.90 % 58.00 % 101.94 %
Q1 2024 61.21 % 58.31 % 95.27 %
Q2 2024 58.15 % 58.56 % 100.72 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) EPS Diluted (Riyal) Book Value (BV)
Q1 2015 4,019.65 2.17 2.17 - 11.81
Q2 2015 4,019.65 2.16 2.16 - 11.95
Q3 2015 4,019.65 2.19 2.19 - 11.91
Q4 2015 4,019.65 2.26 2.26 - 12.06
Q1 2016 4,019.65 2.27 2.27 - 12.75
Q2 2016 4,019.65 2.29 2.29 - 12.91
Q3 2016 4,019.65 2.28 2.28 - 12.92
Q4 2016 4,019.65 2.32 2.32 - 13.19
Q1 2017 4,019.65 2.34 2.34 - 13.68
Q2 2017 4,019.65 2.33 2.33 - 13.15
Q3 2017 4,019.65 2.37 2.37 - 13.54
Q4 2017 4,019.65 2.44 2.44 - 13.94
Q1 2018 4,019.65 2.41 2.41 - 14.10
Q2 2018 4,019.65 2.35 2.35 - 14.18
Q3 2018 4,019.65 2.35 2.35 - 13.81
Q4 2018 4,019.65 2.38 2.38 - 14.36
Q1 2019 4,019.65 2.43 2.43 - 14.87
Q2 2019 4,019.65 2.56 2.56 - 14.74
Q3 2019 4,019.65 2.67 2.67 - 14.63
Q4 2019 4,019.65 2.84 2.84 - 15.29
Q1 2020 4,019.65 2.85 2.85 - 14.11
Q2 2020 4,019.65 2.70 2.70 - 15.53
Q3 2020 4,019.65 2.85 2.85 - 16.24
Q4 2020 4,019.65 2.85 2.85 3.03 17.22
Q1 2021 5,504.91 2.18 2.18 3.03 17.73
Q2 2021 5,504.91 2.22 2.23 3.03 24.58
Q3 2021 5,504.91 2.37 2.39 3.03 24.65
Q4 2021 5,504.91 2.30 2.33 3.03 25.00
Q1 2022 6,000.00 2.29 2.32 3.03 25.40
Q2 2022 6,000.00 2.67 2.69 3.03 24.80
Q3 2022 6,000.00 2.80 2.81 3.03 24.49
Q4 2022 6,000.00 3.10 3.10 3.03 25.08
Q1 2023 6,000.00 3.18 3.18 3.10 25.61
Q2 2023 6,000.00 3.25 3.25 3.16 25.83
Q3 2023 6,000.00 3.30 3.30 3.20 25.52
Q4 2023 6,000.00 3.33 3.33 3.23 26.79
Q1 2024 6,000.00 3.34 3.34 3.24 27.47
Q2 2024 6,000.00 3.37 3.37 3.27 27.34

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2015 20.89 20.89 3.84
Q2 2015 21.52 21.52 3.88
Q3 2015 18.33 18.33 3.37
Q4 2015 16.78 16.78 3.15
Q1 2016 13.33 13.33 2.37
Q2 2016 12.99 12.99 2.30
Q3 2016 10.75 10.75 1.90
Q4 2016 13.65 13.65 2.40
Q1 2017 12.54 12.54 2.14
Q2 2017 16.92 16.92 3.00
Q3 2017 16.10 16.10 2.82
Q4 2017 16.77 16.77 2.93
Q1 2018 20.07 20.07 3.43
Q2 2018 23.05 23.05 3.82
Q3 2018 21.38 21.38 3.63
Q4 2018 22.36 22.36 3.71
Q1 2019 25.21 25.21 4.12
Q2 2019 24.20 24.20 4.20
Q3 2019 19.24 19.24 3.51
Q4 2019 19.34 19.34 3.59
Q1 2020 13.56 13.56 2.74
Q2 2020 15.36 15.36 2.67
Q3 2020 14.50 14.50 2.55
Q4 2020 16.97 16.97 2.80
Q1 2021 13.09 13.09 3.34
Q2 2021 14.20 14.15 1.75
Q3 2021 15.14 15.05 1.86
Q4 2021 15.88 15.67 1.92
Q1 2022 17.48 17.27 2.08
Q2 2022 16.24 16.12 1.98
Q3 2022 15.55 15.47 1.92
Q4 2022 12.45 12.45 1.50
Q1 2023 11.03 11.03 1.34
Q2 2023 11.65 11.65 1.42
Q3 2023 10.26 10.26 1.29
Q4 2023 11.97 11.97 1.44
Q1 2024 12.39 12.39 1.46
Q2 2024 11.09 11.09 1.33

Business Segments (Million)

Compared With The
Period Retail Corporate and Institutional Banking International Banking Capital Market Global markets and Treasury
Q1 2015 1,448.95 1,041.10 566.42 166.74 1,224.33
Q2 2015 1,522.94 1,034.67 528.51 183.19 1,013.61
Q3 2015 1,533.85 1,062.65 545.05 160.03 1,011.26
Q4 2015 1,854.84 1,002.57 546.46 181.42 857.08
Q1 2016 1,970.14 1,040.62 536.42 159.51 1,017.29
Q2 2016 1,985.35 1,054.82 589.90 147.36 882.82
Q3 2016 1,967.03 1,104.46 602.84 114.20 874.28
Q4 2016 1,782.46 1,186.84 501.03 159.65 970.39
Q1 2017 1,938.41 1,235.61 388.22 163.66 1,133.92
Q2 2017 1,924.73 1,042.93 393.30 144.16 973.23
Q3 2017 2,106.64 842.25 405.84 154.12 982.69
Q4 2017 2,171.24 973.67 390.38 173.87 806.38
Q1 2018 2,116.90 873.73 371.26 227.59 1,189.77
Q2 2018 1,976.75 1,075.78 442.12 176.26 989.64
Q3 2018 2,318.57 1,000.84 398.71 154.71 858.77
Q4 2018 2,260.08 1,111.00 314.71 161.60 908.44
Q1 2019 2,240.76 1,157.45 297.15 181.00 1,074.45
Q2 2019 2,385.91 965.58 353.75 216.64 1,128.53
Q3 2019 2,568.71 1,061.34 380.69 163.79 822.01
Q4 2019 2,512.36 1,526.65 429.32 225.36 883.24
Q1 2020 2,319.66 1,112.59 474.94 249.10 1,148.97
Q2 2020 2,363.44 2,914.55 417.10 219.62 (1148.97)
Q3 2020 2,676.13 2,267.98 407.50 285.99 -
Q4 2020 2,829.45 2,238.61 302.94 378.32 -
Q1 2021 2,662.57 2,430.09 276.48 350.17 -
Q2 2021 3,209.70 2,670.09 266.25 1,441.78 -
Q3 2021 3,326.70 4,696.32 476.74 (625.34) -
Q4 2021 3,267.32 2,705.87 670.36 410.61 -
Q1 2022 3,664.72 3,265.04 666.34 496.80 -
Q2 2022 3,552.39 3,550.45 702.87 539.48 -
Q3 2022 3,739.41 3,747.26 633.98 327.18 -
Q4 2022 3,655.43 3,385.15 571.89 506.20 -
Q1 2023 3,868.23 3,672.73 774.59 418.04 -
Q2 2023 4,145.73 2,983.28 906.18 459.18 -
Q3 2023 4,001.07 3,363.72 891.18 480.87 -
Q4 2023 3,838.76 3,818.72 540.69 426.51 -
Q1 2024 4,134.83 3,657.38 427.24 719.97 -
Q2 2024 4,439.41 3,477.17 386.36 613.51 -

Analysts Estimates (Million)

Item Q2 2024 (e) Q2 2024 (a) Change‬
Average 5,039.20 5,230.56 3.80 %

Estimates vs Actual (Million)

Item Q2 2024 (e) Q2 2024 (a) Change
OSOOL AND BAKHEET 5,206.56 5,230.56 0.5 %
GIB Capital 5,163.00 5,230.56 1.3 %
Riyad Capital 5,161.00 5,230.56 1.3 %
Arqaam Capital 5,139.00 5,230.56 1.8 %
Sico 5,135.00 5,230.56 1.9 %
Hermes 5,133.00 5,230.56 1.9 %
U-Capital 5,090.00 5,230.56 2.8 %
United Securities Company 5,059.00 5,230.56 3.4 %
FAB Securities 5,046.00 5,230.56 3.7 %
Bank of America 4,990.00 5,230.56 4.8 %
UBS Saudi Arabia 4,870.00 5,230.56 7.4 %
Citi Bank Group 4,843.00 5,230.56 8.0 %
JP Morgan 4,674.00 5,230.56 11.9 %

Current
Market Cap (M Riyal) 198,600.00
Shares Outstanding ((M)) 6,000.00
EPS ( Riyal) (TTM) 3.43
EPS Diluted ( Riyal) (TTM) 3.34
Book Value (BV) ( Riyal) 27.98
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 9.64
P/E (TTM) 9.64
Price/book 1.18
Return on Average Assets (%) (TTM) 1.9
Return on Average Equity (%) (TTM) 12.8

Share Price

33.10
(0.20) (0.60 %)

The Saudi National Bank (SNB)


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