ANB net profit up 37% to SAR 3.13 bln in 9M 2023; Q3 at SAR 1.07 bln

ANB net profit up 37% to SAR 3.13 bln in 9M 2023; Q3 at SAR 1.07 bln

22/10/2023 Argaam Exclusive

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Arab National Bank’s (ANB) net profit rose to SAR 3.13 billion in the first nine months of 2023, a 37% increase from SAR 2.28 billion in the year-earlier period.



Financials (M)

Item 9m 2022 9m 2023 Change‬
Net Special Commission Income 3,991.11 5,393.58 35.1 %
Operating Income 4,943.51 6,314.85 27.7 %
Total Provisions (607.36) (755.21) (24.3 %)
Net Income 2,279.53 3,129.80 37.3 %
Average Shares 2,000.00 2,000.00 -
EPS (Riyals) 1.14 1.56 37.3 %
EPS Diluted (Riyals) 1.14 1.56 37.3 %

The net profit increase was driven by a rise in net special commission income, net gains/losses on sale of investments in non-trading instruments, net fees and commission income and net other operating income.

 

This was offset by the increase in net impairment charge for expected credit losses and other provisions, along with a rise in general and administrative expenses, salaries and employee related expenses, depreciation and amortization, and, rent and premises related expenses. Meanwhile, net gains on FVSI financial instruments decreased, along with declines in dividend income, net trading income and net exchange income.



Current Quarter Comparison (M)

Compared With The
Item Q3 2022 Q3 2023 Change‬
Net Special Commission Income 1,496.80 1,866.11 24.7 %
Operating Income 1,815.36 2,202.46 21.3 %
Debt Provisions (166.54) (239.72) (43.9 %)
Net Income 921.11 1,076.24 16.8 %
Average Shares 2,000.00 2,000.00 -
EPS (Riyals) 0.46 0.54 16.8 %
EPS Diluted (Riyal) 0.46 0.54 16.8 %

The bank’s net profit jumped 17% to SAR 1.07 billion in Q3 2023, from SAR 921.11 million in Q3 2022.

 

Sequentially, net profit in Q3 2023 inched up 9.1% from SAR 985.98 million in Q2 2023.

Balance Sheet (B)

Item 9m 2022 9m 2023 Change‬
Assets 207.27 218.19 5.3 %
Customer Deposits 147.81 154.22 4.3 %
Loan 145.47 149.37 2.7 %

Shareholders’ equity, excluding minority interest, stood at SAR 33.73 billion by the end of Q3 2023, compared to SAR 31.74 billion in the year-earlier period.

 

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Financial results (Million)

Period Net Special Commission Income Change Operating Income Change Debt Provisions Change
Q1 2014 857.18 10.6 % 1,308.77 3.2 % (106.05) 0.2 %
Q2 2014 904.11 8.0 % 1,385.51 9.7 % (106.55) (62.6 %)
Q3 2014 919.16 4.8 % 1,365.49 8.0 % (121.91) 33.2 %
Q4 2014 942.18 6.3 % 1,447.80 10.3 % (216.37) 20.7 %
Q1 2015 979.64 14.3 % 1,503.23 14.9 % (137.09) (29.3 %)
Q2 2015 969.88 7.3 % 1,502.33 8.4 % (135.75) (27.4 %)
Q3 2015 994.54 8.2 % 1,470.28 7.7 % (130.61) (7.1 %)
Q4 2015 900.78 (4.4 %) 1,305.70 (9.8 %) (172.05) 20.5 %
Q1 2016 961.68 (1.8 %) 1,447.29 (3.7 %) (124.78) 9.0 %
Q2 2016 1,086.22 12.0 % 1,517.60 1.0 % (140.53) (3.5 %)
Q3 2016 1,066.96 7.3 % 1,493.97 1.6 % (195.83) (49.9 %)
Q4 2016 1,030.63 14.4 % 1,395.27 6.9 % (265.00) (54.0 %)
Q1 2017 1,068.92 11.2 % 1,480.58 2.3 % (176.90) (41.8 %)
Q2 2017 1,215.37 11.9 % 1,635.96 7.8 % (266.68) (89.8 %)
Q3 2017 1,183.94 11.0 % 1,676.75 12.2 % (327.63) (67.3 %)
Q4 2017 1,196.53 16.1 % 1,584.65 13.6 % (377.58) (42.5 %)
Q1 2018 1,194.12 11.7 % 1,533.16 3.6 % (174.86) 1.2 %
Q2 2018 1,271.67 4.6 % 1,646.25 0.6 % (174.37) 34.6 %
Q3 2018 1,322.57 11.7 % 1,683.93 0.4 % (241.82) 26.2 %
Q4 2018 1,363.08 13.9 % 1,671.49 5.5 % (407.28) (7.9 %)
Q1 2019 1,364.84 14.3 % 1,633.15 6.5 % (147.99) 15.4 %
Q2 2019 1,437.47 13.0 % 1,733.94 5.3 % (187.58) (7.6 %)
Q3 2019 1,410.44 6.6 % 1,736.71 3.1 % (210.36) 13.0 %
Q4 2019 1,340.20 (1.7 %) 1,629.03 (2.5 %) (424.67) (4.3 %)
Q1 2020 1,290.76 (5.4 %) 1,489.61 (8.8 %) (198.35) (34.0 %)
Q2 2020 1,199.05 (16.6 %) 1,469.73 (15.2 %) (345.43) (84.1 %)
Q3 2020 1,210.64 (14.2 %) 1,463.83 (15.7 %) (203.68) 3.2 %
Q4 2020 1,168.21 (12.8 %) 1,401.07 (14.0 %) (534.74) (25.9 %)
Q1 2021 1,179.55 (8.6 %) 1,423.15 (4.5 %) (335.01) (68.9 %)
Q2 2021 1,130.18 (5.7 %) 1,381.21 (6.0 %) (290.67) 15.9 %
Q3 2021 1,252.35 3.4 % 1,453.66 (0.7 %) (190.54) 6.5 %
Q4 2021 1,109.95 (5.0 %) 1,333.91 (4.8 %) (214.28) 59.9 %
Q1 2022 1,184.51 0.4 % 1,454.53 2.2 % (152.01) 54.6 %
Q2 2022 1,309.80 15.9 % 1,673.62 21.2 % (288.81) 0.6 %
Q3 2022 1,496.80 19.5 % 1,815.36 24.9 % (166.54) 12.6 %
Q4 2022 1,645.35 48.2 % 1,918.74 43.8 % (262.14) (22.3 %)
Q1 2023 1,763.97 48.9 % 2,024.61 39.2 % (243.83) (60.4 %)
Q2 2023 1,763.50 34.6 % 2,087.78 24.7 % (271.66) 5.9 %
Q3 2023 1,866.11 24.7 % 2,202.46 21.3 % (239.72) (43.9 %)


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS Before XO Items
Q1 2014 712.86 5.0 % 0.36 - 712.86 0.36
Q2 2014 785.44 9.4 % 0.39 - 785.44 0.39
Q3 2014 747.93 26.9 % 0.37 - 747.93 0.37
Q4 2014 628.82 17.2 % 0.31 - 628.82 0.31
Q1 2015 770.55 8.1 % 0.39 - 770.55 0.39
Q2 2015 835.31 6.3 % 0.42 - 835.31 0.42
Q3 2015 764.20 2.2 % 0.38 - 764.20 0.38
Q4 2015 594.35 (5.5 %) 0.30 - 594.35 0.30
Q1 2016 749.19 (2.8 %) 0.37 - 749.19 0.37
Q2 2016 817.98 (2.1 %) 0.41 - 817.98 0.41
Q3 2016 721.67 (5.6 %) 0.36 - 721.67 0.36
Q4 2016 565.06 (4.9 %) 0.28 - 565.06 0.28
Q1 2017 768.05 2.5 % 0.38 - 768.05 0.38
Q2 2017 849.04 3.8 % 0.42 - 849.04 0.42
Q3 2017 775.46 7.5 % 0.39 - 775.46 0.39
Q4 2017 634.43 12.3 % 0.32 - 634.43 0.32
Q1 2018 664.38 (13.5 %) 0.33 - 664.38 0.33
Q2 2018 747.22 (12.0 %) 0.37 - 747.22 0.37
Q3 2018 731.11 (5.7 %) 0.37 - 731.11 0.37
Q4 2018 1,826.30 187.9 % 0.91 1,113.26 713.04 0.36
Q1 2019 778.97 17.2 % 0.39 - 778.97 0.39
Q2 2019 894.24 19.7 % 0.45 - 894.24 0.45
Q3 2019 834.76 14.2 % 0.42 - 834.76 0.42
Q4 2019 515.26 (71.8 %) 0.26 - 515.26 0.26
Q1 2020 643.79 (17.4 %) 0.32 - 643.79 0.32
Q2 2020 485.95 (45.7 %) 0.24 - 485.95 0.24
Q3 2020 668.60 (19.9 %) 0.33 - 668.60 0.33
Q4 2020 273.87 (46.8 %) 0.14 - 273.87 0.14
Q1 2021 582.23 (9.6 %) 0.29 133.20 449.03 0.22
Q2 2021 472.76 (2.7 %) 0.24 - 472.76 0.24
Q3 2021 665.35 (0.5 %) 0.33 25.57 639.78 0.32
Q4 2021 456.35 66.6 % 0.23 13.81 442.54 0.22
Q1 2022 650.72 11.8 % 0.33 36.05 614.67 0.31
Q2 2022 707.69 49.7 % 0.35 - 707.69 0.35
Q3 2022 921.11 38.4 % 0.46 - 921.11 0.46
Q4 2022 790.88 73.3 % 0.40 - 790.88 0.40
Q1 2023 1,067.58 64.1 % 0.53 105.88 961.71 0.48
Q2 2023 985.98 39.3 % 0.49 - 985.98 0.49
Q3 2023 1,076.24 16.8 % 0.54 - 1,076.24 0.54

Profitability

Period Return On Average Assets Return on Average Equity Net Interest Income/Total Operating Income
Q1 2014 1.80 % 13.75 % 67.12 %
Q2 2014 1.88 % 13.63 % 66.84 %
Q3 2014 1.93 % 14.00 % 66.38 %
Q4 2014 1.90 % 14.49 % 65.78 %
Q1 2015 1.86 % 14.50 % 65.68 %
Q2 2015 1.93 % 14.32 % 65.49 %
Q3 2015 1.91 % 14.05 % 65.61 %
Q4 2015 1.77 % 13.95 % 66.50 %
Q1 2016 1.78 % 13.77 % 66.84 %
Q2 2016 1.76 % 13.49 % 68.69 %
Q3 2016 1.74 % 13.01 % 69.66 %
Q4 2016 1.68 % 12.65 % 70.81 %
Q1 2017 1.71 % 12.73 % 72.23 %
Q2 2017 1.72 % 12.74 % 72.96 %
Q3 2017 1.79 % 12.72 % 72.70 %
Q4 2017 1.77 % 12.72 % 73.14 %
Q1 2018 1.74 % 12.24 % 74.49 %
Q2 2018 1.67 % 11.68 % 75.24 %
Q3 2018 1.66 % 11.37 % 77.31 %
Q4 2018 2.27 % 15.60 % 78.83 %
Q1 2019 2.42 % 16.02 % 80.22 %
Q2 2019 2.50 % 16.24 % 81.64 %
Q3 2019 2.54 % 16.54 % 82.30 %
Q4 2019 1.67 % 11.03 % 82.48 %
Q1 2020 1.63 % 10.66 % 83.15 %
Q2 2020 1.38 % 8.88 % 82.85 %
Q3 2020 1.29 % 8.12 % 83.29 %
Q4 2020 1.14 % 7.14 % 83.59 %
Q1 2021 1.11 % 6.97 % 82.63 %
Q2 2021 1.08 % 6.83 % 82.70 %
Q3 2021 1.08 % 6.64 % 83.59 %
Q4 2021 1.17 % 7.16 % 83.55 %
Q1 2022 1.18 % 7.24 % 83.17 %
Q2 2022 1.27 % 8.12 % 82.10 %
Q3 2022 1.40 % 8.76 % 81.26 %
Q4 2022 1.52 % 9.68 % 82.14 %
Q1 2023 1.67 % 10.78 % 83.63 %
Q2 2023 1.77 % 11.63 % 85.00 %
Q3 2023 1.84 % 11.98 % 85.49 %

Balance Sheet (B)

Period Assets Change Customer Deposits Change Loan Change
Q1 2014 150.50 12.6 % 117.54 7.7 % 87.42 1.7 %
Q2 2014 142.67 4.8 % 109.19 6.0 % 91.74 7.2 %
Q3 2014 149.94 8.7 % 114.69 9.0 % 96.04 11.5 %
Q4 2014 164.67 19.4 % 129.63 21.9 % 103.72 17.3 %
Q1 2015 164.79 9.5 % 131.23 11.6 % 108.85 24.5 %
Q2 2015 166.43 16.7 % 132.42 21.3 % 111.49 21.5 %
Q3 2015 164.86 10.0 % 132.60 15.6 % 113.28 17.9 %
Q4 2015 170.42 3.5 % 135.76 4.7 % 115.66 11.5 %
Q1 2016 166.59 1.1 % 132.03 0.6 % 116.04 6.6 %
Q2 2016 166.58 0.1 % 129.16 (2.5 %) 117.88 5.7 %
Q3 2016 167.26 1.5 % 128.24 (3.3 %) 115.62 2.1 %
Q4 2016 170.01 (0.2 %) 135.91 0.1 % 115.51 (0.1 %)
Q1 2017 168.43 1.1 % 131.84 (0.1 %) 116.04 0.0 %
Q2 2017 171.03 2.7 % 130.75 1.2 % 114.88 (2.5 %)
Q3 2017 163.64 (2.2 %) 128.55 0.2 % 115.93 0.3 %
Q4 2017 171.70 1.0 % 136.05 0.1 % 114.54 (0.8 %)
Q1 2018 168.40 0.0 % 130.03 (1.4 %) 113.06 (2.6 %)
Q2 2018 167.85 (1.9 %) 129.24 (1.2 %) 117.49 2.3 %
Q3 2018 170.03 3.9 % 130.97 1.9 % 120.49 3.9 %
Q4 2018 178.35 3.9 % 142.06 4.4 % 121.04 5.7 %
Q1 2019 168.68 0.2 % 130.31 0.2 % 120.19 6.3 %
Q2 2019 170.90 1.8 % 131.91 2.1 % 119.75 1.9 %
Q3 2019 170.93 0.5 % 130.92 0.0 % 117.88 (2.2 %)
Q4 2019 183.44 2.9 % 142.13 0.1 % 118.84 (1.8 %)
Q1 2020 184.87 9.6 % 135.98 4.4 % 119.94 (0.2 %)
Q2 2020 187.30 9.6 % 133.90 1.5 % 117.13 (2.2 %)
Q3 2020 188.53 10.3 % 136.72 4.4 % 118.06 0.2 %
Q4 2020 180.40 (1.7 %) 129.35 (9.0 %) 113.36 (4.6 %)
Q1 2021 177.44 (4.0 %) 125.16 (8.0 %) 115.56 (3.7 %)
Q2 2021 181.88 (2.9 %) 130.22 (2.7 %) 117.83 0.6 %
Q3 2021 182.27 (3.3 %) 129.39 (5.4 %) 120.02 1.7 %
Q4 2021 192.50 6.7 % 135.71 4.9 % 126.67 11.7 %
Q1 2022 204.62 15.3 % 148.14 18.4 % 138.64 20.0 %
Q2 2022 209.83 15.4 % 146.79 12.7 % 143.06 21.4 %
Q3 2022 207.27 13.7 % 147.81 14.2 % 145.47 21.2 %
Q4 2022 212.63 10.5 % 154.87 14.1 % 143.83 13.5 %
Q1 2023 214.04 4.6 % 155.25 4.8 % 144.73 4.4 %
Q2 2023 215.98 2.9 % 158.38 7.9 % 148.85 4.1 %
Q3 2023 218.19 5.3 % 154.22 4.3 % 149.37 2.7 %

Ratios

Period Customer Deposits Per Total Assets Loans and advances/Total assets Loans and advances/Customers Deposits
Q1 2014 78.10 % 58.08 % 74.37 %
Q2 2014 76.53 % 64.30 % 84.02 %
Q3 2014 76.49 % 64.06 % 83.74 %
Q4 2014 78.72 % 62.99 % 80.01 %
Q1 2015 79.63 % 66.06 % 82.95 %
Q2 2015 79.57 % 66.99 % 84.20 %
Q3 2015 80.43 % 68.71 % 85.43 %
Q4 2015 79.66 % 67.86 % 85.19 %
Q1 2016 79.25 % 69.66 % 87.89 %
Q2 2016 77.54 % 70.76 % 91.26 %
Q3 2016 76.67 % 69.13 % 90.17 %
Q4 2016 79.94 % 67.94 % 84.99 %
Q1 2017 78.27 % 68.90 % 88.02 %
Q2 2017 76.45 % 67.17 % 87.87 %
Q3 2017 78.55 % 70.84 % 90.19 %
Q4 2017 79.24 % 66.71 % 84.19 %
Q1 2018 77.21 % 67.14 % 86.95 %
Q2 2018 77.00 % 70.00 % 90.91 %
Q3 2018 77.03 % 70.86 % 92.00 %
Q4 2018 79.65 % 67.86 % 85.20 %
Q1 2019 77.25 % 71.25 % 92.23 %
Q2 2019 77.19 % 70.07 % 90.78 %
Q3 2019 76.60 % 68.97 % 90.04 %
Q4 2019 77.48 % 64.78 % 83.61 %
Q1 2020 73.56 % 64.88 % 88.20 %
Q2 2020 71.49 % 62.54 % 87.48 %
Q3 2020 72.52 % 62.62 % 86.35 %
Q4 2020 71.70 % 62.84 % 87.64 %
Q1 2021 70.54 % 65.13 % 92.33 %
Q2 2021 71.60 % 64.79 % 90.49 %
Q3 2021 70.99 % 65.84 % 92.75 %
Q4 2021 70.50 % 65.80 % 93.34 %
Q1 2022 72.40 % 67.76 % 93.59 %
Q2 2022 69.96 % 68.18 % 97.45 %
Q3 2022 71.31 % 70.19 % 98.42 %
Q4 2022 72.84 % 67.64 % 92.87 %
Q1 2023 72.53 % 67.62 % 93.22 %
Q2 2023 73.33 % 68.92 % 93.99 %
Q3 2023 70.68 % 68.46 % 96.86 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Adjusted EPS (Riyal) EPS Diluted (Riyal) Book Value (BV)
Q1 2014 2,000.00 1.28 1.28 - 9.77
Q2 2014 2,000.00 1.31 1.31 - 10.14
Q3 2014 2,000.00 1.39 1.39 - 10.41
Q4 2014 2,000.00 1.44 1.44 - 10.30
Q1 2015 2,000.00 1.47 1.47 - 10.46
Q2 2015 2,000.00 1.49 1.49 - 10.69
Q3 2015 2,000.00 1.50 1.50 - 10.93
Q4 2015 2,000.00 1.48 1.48 - 10.95
Q1 2016 2,000.00 1.47 1.47 - 10.90
Q2 2016 2,000.00 1.46 1.46 - 10.99
Q3 2016 2,000.00 1.44 1.44 - 11.22
Q4 2016 2,000.00 1.43 1.43 - 11.62
Q1 2017 2,000.00 1.44 1.44 - 11.66
Q2 2017 2,000.00 1.45 1.45 - 11.80
Q3 2017 2,000.00 1.48 1.48 - 12.02
Q4 2017 2,000.00 1.51 1.51 - 12.18
Q1 2018 2,000.00 1.46 1.46 - 12.23
Q2 2018 2,000.00 1.41 1.41 - 12.36
Q3 2018 2,000.00 1.39 1.39 - 12.39
Q4 2018 2,000.00 1.98 1.43 - 13.26
Q1 2019 2,000.00 2.04 1.49 - 13.25
Q2 2019 2,000.00 2.12 1.56 - 13.70
Q3 2019 2,000.00 2.17 1.61 - 13.81
Q4 2019 2,000.00 1.51 1.51 1.51 14.15
Q1 2020 2,000.00 1.44 1.44 1.44 13.84
Q2 2020 2,000.00 1.24 1.24 1.24 14.21
Q3 2020 2,000.00 1.16 1.16 1.16 14.67
Q4 2020 2,000.00 1.04 1.04 1.04 14.87
Q1 2021 2,000.00 1.01 0.94 1.01 14.99
Q2 2021 2,000.00 1.00 0.93 1.00 15.02
Q3 2021 2,000.00 1.00 0.92 1.00 15.37
Q4 2021 2,000.00 1.09 1.00 1.09 15.55
Q1 2022 2,000.00 1.12 1.08 1.12 16.02
Q2 2022 2,000.00 1.24 1.20 1.24 15.51
Q3 2022 2,000.00 1.37 1.34 1.37 15.87
Q4 2022 2,000.00 1.54 1.52 1.54 16.17
Q1 2023 2,000.00 1.74 1.69 1.74 16.32
Q2 2023 2,000.00 1.88 1.83 1.88 16.86
Q3 2023 2,000.00 1.96 1.91 1.96 16.87

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Adjusted P/E Price/book
Q1 2014 11.73 11.73 1.54
Q2 2014 10.47 10.47 1.36
Q3 2014 12.21 12.21 1.63
Q4 2014 10.60 10.60 1.48
Q1 2015 10.97 10.97 1.54
Q2 2015 11.07 11.07 1.54
Q3 2015 9.06 9.06 1.24
Q4 2015 7.94 7.94 1.08
Q1 2016 6.57 6.57 0.89
Q2 2016 6.61 6.61 0.88
Q3 2016 5.38 5.38 0.69
Q4 2016 7.74 7.74 0.95
Q1 2017 6.92 6.92 0.85
Q2 2017 7.71 7.71 0.95
Q3 2017 8.13 8.13 1.00
Q4 2017 8.16 8.16 1.01
Q1 2018 10.01 10.01 1.20
Q2 2018 11.34 11.34 1.29
Q3 2018 11.89 11.89 1.33
Q4 2018 8.04 11.17 1.20
Q1 2019 9.08 12.49 1.40
Q2 2019 9.18 12.46 1.42
Q3 2019 8.30 11.17 1.30
Q4 2019 13.59 13.59 1.45
Q1 2020 9.50 9.50 0.99
Q2 2020 11.49 11.49 1.00
Q3 2020 13.13 13.13 1.04
Q4 2020 14.54 14.54 1.01
Q1 2021 15.57 16.68 1.04
Q2 2021 17.04 18.26 1.13
Q3 2021 17.26 18.76 1.12
Q4 2021 15.75 17.10 1.10
Q1 2022 18.56 19.21 1.30
Q2 2022 17.83 18.39 1.43
Q3 2022 16.85 17.16 1.45
Q4 2022 15.65 15.84 1.49
Q1 2023 11.09 11.44 1.19
Q2 2023 10.49 10.80 1.17
Q3 2023 9.18 9.43 1.07

Business Segments (Million)

Compared With The
Period Retail Corporate and Institutional Banking Global markets and Treasury Investment Banking and Brokerage Others
Q1 2014 530.00 494.40 228.30 30.29 25.77
Q2 2014 572.57 487.50 241.95 36.78 46.72
Q3 2014 518.30 538.93 209.30 32.05 66.92
Q4 2014 557.14 584.24 204.62 36.03 65.77
Q1 2015 604.48 582.76 217.31 32.57 66.11
Q2 2015 618.24 562.31 222.91 43.47 55.41
Q3 2015 574.99 588.74 212.73 24.16 69.25
Q4 2015 492.59 501.26 200.27 40.69 70.89
Q1 2016 576.61 486.44 240.27 34.88 109.09
Q2 2016 604.07 545.00 277.04 35.39 56.11
Q3 2016 649.47 555.45 283.15 30.10 (24.20)
Q4 2016 501.36 421.55 232.26 72.18 167.92
Q1 2017 586.10 574.33 246.87 38.21 35.07
Q2 2017 615.57 638.56 264.29 44.64 72.91
Q3 2017 576.27 615.68 381.47 40.92 62.41
Q4 2017 611.91 615.33 244.65 43.90 68.86
Q1 2018 567.34 617.26 225.52 44.33 78.71
Q2 2018 582.69 589.89 308.47 60.70 104.50
Q3 2018 614.40 595.99 329.77 43.99 99.78
Q4 2018 692.39 667.69 212.00 59.36 40.05
Q1 2019 618.63 629.79 272.89 22.09 89.75
Q2 2019 703.72 638.40 299.62 27.29 64.92
Q3 2019 729.02 675.54 204.91 24.04 103.21
Q4 2019 698.59 623.91 179.43 47.20 79.90
Q1 2020 646.87 498.49 192.31 65.30 86.65
Q2 2020 575.11 683.98 147.95 40.67 22.02
Q3 2020 536.61 548.89 316.27 41.28 20.78
Q4 2020 449.02 562.33 321.10 46.09 22.53
Q1 2021 450.05 459.19 529.49 40.37 77.25
Q2 2021 514.06 446.33 347.23 45.53 28.06
Q3 2021 513.57 571.02 350.46 36.33 7.85
Q4 2021 493.78 469.71 350.14 55.70 (21.62)
Q1 2022 484.24 509.61 387.20 56.28 17.22
Q2 2022 550.13 600.42 444.90 66.89 11.28
Q3 2022 595.80 753.44 234.28 115.14 116.70
Q4 2022 664.18 769.65 276.86 85.85 122.20
Q1 2023 904.91 891.41 244.10 72.60 67.47
Q2 2023 975.44 796.62 159.15 108.15 48.43
Q3 2023 1,155.37 723.45 151.98 85.40 86.26

Analysts Estimates (Million)

Item Q3 2023 (e) Q3 2023 (a) Change‬
Average 972.72 1,076.24 10.64 %

Estimates vs Actual (Million)

Item Q3 2023 (e) Q3 2023 (a) Change
FAB Securities 1,022.00 1,076.24 5.3 %
OSOOL AND BAKHEET 1,018.29 1,076.24 5.7 %
Sico 1,007.00 1,076.24 6.9 %
Riyad Capital 998.00 1,076.24 7.8 %
Goldman Sachs 900.00 1,076.24 19.6 %
Hermes 891.00 1,076.24 20.8 %

Current
Market Cap (M Riyal) 39,800.00
Shares Outstanding ((M)) 2,000.00
EPS ( Riyal) (TTM) 2.33
EPS Diluted ( Riyal) (TTM) 2.33
Book Value (BV) ( Riyal) 18.19
Par Value ( Riyal) 10.00
Adjusted P/E (Last12) 8.09
P/E (TTM) 8.56
Price/book 1.09
Return on Average Assets (%) (TTM) 2.0
Return on Average Equity (%) (TTM) 13.3

Share Price

19.90
0.40 2.05 %

Arab National Bank (ANB)


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