Arab National Bank (ANB), which is 40% owned by Jordan's Arab Bank, reported a net profit of SAR 1.23 billion for the first quarter of 2024, an increase of 16% compared to SAR 1.06 billion for the year-earlier period.
Item | Q1 2023 | Q1 2024 | Change |
---|---|---|---|
Net Special Commission Income | 1,763.97 | 1,927.73 | 9.3 % |
Operating Income | 2,024.61 | 2,309.44 | 14.1 % |
Debt Provisions | (243.83) | (160.57) | 34.1 % |
Net Income | 1,067.58 | 1,235.56 | 15.7 % |
Average Shares | 2,000.00 | 2,000.00 | - |
EPS (Riyals) | 0.53 | 0.62 | 15.7 % |
EPS Diluted (Riyal) | 0.53 | 0.62 | 15.7 % |
Item | Q4 2023 | Q1 2024 | Change |
---|---|---|---|
Net Special Commission Income | 1,865.00 | 1,927.73 | 3.4 % |
Operating Income | 2,096.38 | 2,309.44 | 10.2 % |
Debt Provisions | 86.62 | (160.57) | (285.4 %) |
Net Income | 940.71 | 1,235.56 | 31.3 % |
Average Shares | 2,000.00 | 2,000.00 | - |
EPS (Riyals) | 0.47 | 0.62 | 31.3 % |
EPS Diluted (Riyal) | 0.47 | 0.62 | 31.3 % |
The bank attributed the profit rise to higher net special commission income, net portfolio of loans and advances, and net investments, which increased by 9.3%, 9.1%, and 14%, respectively. This is in addition to an increase in interest rates.
It also posted a 14.9% increase in net income before zakat and income tax. This increase was mainly attributed to net special commission income, net fees and commission income, net gains/losses on FVSI financial instruments, dividend income, net other operating income, and decreases in net impairment charge for expected credit losses and other provisions.
The growth was offset by an increase in salaries and expenses related to employees, other general and administrative expenses, depreciation and amortization, and premises expenses, coinciding with lower net gains on the sale of investments in non-trading instruments, net exchange income, and net trading income.
On a sequential basis, Q1 net profit jumped 31.3% from SAR 941 million in Q4 2023.
Total shareholders’ equity, excluding minority interest, stood at SAR 35.17 billion by March 31, 2023, compared to SAR 32.64 billion in a prior-year period.
Item | 3m 2023 | 3m 2024 | Change |
---|---|---|---|
Assets | 214.04 | 232.15 | 8.5 % |
Customer Deposits | 155.25 | 174.54 | 12.4 % |
Loan | 144.73 | 157.88 | 9.1 % |
Period | Net Special Commission Income | Change | Operating Income | Change | Debt Provisions | Change |
---|---|---|---|---|---|---|
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 % |
2015 | 3,844.84 | 6.1 % | 5,781.13 | 5.0 % | (575.50) | (4.5 %) |
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 %) |
2016 | 4,145.49 | 7.8 % | 5,854.14 | 1.3 % | (726.14) | (26.2 %) |
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 %) |
2017 | 4,664.75 | 12.5 % | 6,377.94 | 8.9 % | (1,148.79) | (58.2 %) |
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 %) |
2018 | 5,151.44 | 10.4 % | 6,534.82 | 2.5 % | (998.32) | 13.1 % |
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 %) |
2019 | 5,552.94 | 7.8 % | 6,732.84 | 3.0 % | (970.60) | 2.8 % |
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 %) |
2020 | 4,868.66 | (12.3 %) | 5,824.24 | (13.5 %) | (1,282.20) | (32.1 %) |
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 % |
2021 | 4,672.03 | (4.0 %) | 5,591.94 | (4.0 %) | (1,030.51) | 19.6 % |
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 %) |
2022 | 5,636.45 | 20.6 % | 6,862.24 | 22.7 % | (869.50) | 15.6 % |
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 %) |
Q4 2023 | 1,865.00 | 13.4 % | 2,096.38 | 9.3 % | 86.62 | 133.0 % |
2023 | 7,136.99 | 26.6 % | 8,410.80 | 22.6 % | (668.59) | 23.1 % |
Q1 2024 | 1,927.73 | 9.3 % | 2,309.44 | 14.1 % | (160.57) | 34.1 % |
Period | Net Special Commission Income | Change | Operating Income | Change | Debt Provisions | Change |
---|---|---|---|---|---|---|
2014 | 3,622.62 | 7.3 % | 5,507.58 | 7.8 % | (550.88) | 12.1 % |
2015 | 3,844.84 | 6.1 % | 5,781.13 | 5.0 % | (575.50) | (4.5 %) |
2016 | 4,145.49 | 7.8 % | 5,854.14 | 1.3 % | (726.14) | (26.2 %) |
2017 | 4,664.75 | 12.5 % | 6,377.94 | 8.9 % | (1,148.79) | (58.2 %) |
2018 | 5,151.44 | 10.4 % | 6,534.82 | 2.5 % | (998.32) | 13.1 % |
2019 | 5,552.94 | 7.8 % | 6,732.84 | 3.0 % | (970.60) | 2.8 % |
2020 | 4,868.66 | (12.3 %) | 5,824.24 | (13.5 %) | (1,282.20) | (32.1 %) |
2021 | 4,672.03 | (4.0 %) | 5,591.94 | (4.0 %) | (1,030.51) | 19.6 % |
2022 | 5,636.45 | 20.6 % | 6,862.24 | 22.7 % | (869.50) | 15.6 % |
2023 | 7,136.99 | 26.6 % | 8,410.80 | 22.6 % | (668.59) | 23.1 % |
Period | Net Income | Change | EPS(Riyal) | Extraordinary Income/Expense | Net Profit Before Unusual Items | EPS Before XO Items |
---|---|---|---|---|---|---|
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 |
2015 | 2,964.42 | 3.1 % | 1.48 | - | 2,964.42 | 1.48 |
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 |
2016 | 2,853.90 | (3.7 %) | 1.43 | - | 2,853.90 | 1.43 |
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 |
2017 | 3,026.97 | 6.1 % | 1.51 | - | 3,026.97 | 1.51 |
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 |
2018 | 3,969.01 | 31.1 % | 1.98 | 1,113.26 | 2,855.75 | 1.43 |
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 |
2019 | 3,023.24 | (23.8 %) | 1.51 | - | 3,023.24 | 1.51 |
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 |
2020 | 2,072.21 | (31.5 %) | 1.04 | - | 2,072.21 | 1.04 |
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 |
2021 | 2,176.59 | 5.0 % | 1.09 | 172.58 | 2,004.01 | 1.00 |
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 |
2022 | 3,070.41 | 41.1 % | 1.54 | 36.05 | 3,034.36 | 1.52 |
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 |
Q4 2023 | 940.71 | 18.9 % | 0.47 | (272.00) | 1,212.71 | 0.61 |
2023 | 4,070.51 | 32.6 % | 2.04 | (165.69) | 4,236.20 | 2.12 |
Q1 2024 | 1,235.56 | 15.7 % | 0.62 | - | 1,235.56 | 0.62 |
Period | Net Income | Change | EPS(Riyal) | Extraordinary Income/Expense | Net Profit Before Unusual Items | EPS Before XO Items |
---|---|---|---|---|---|---|
2014 | 2,875.05 | 14.0 % | 1.44 | - | 2,875.05 | 1.44 |
2015 | 2,964.42 | 3.1 % | 1.48 | - | 2,964.42 | 1.48 |
2016 | 2,853.90 | (3.7 %) | 1.43 | - | 2,853.90 | 1.43 |
2017 | 3,026.97 | 6.1 % | 1.51 | - | 3,026.97 | 1.51 |
2018 | 3,969.01 | 31.1 % | 1.98 | 1,113.26 | 2,855.75 | 1.43 |
2019 | 3,023.24 | (23.8 %) | 1.51 | - | 3,023.24 | 1.51 |
2020 | 2,072.21 | (31.5 %) | 1.04 | - | 2,072.21 | 1.04 |
2021 | 2,176.59 | 5.0 % | 1.09 | 172.58 | 2,004.01 | 1.00 |
2022 | 3,070.41 | 41.1 % | 1.54 | 36.05 | 3,034.36 | 1.52 |
2023 | 4,070.51 | 32.6 % | 2.04 | (165.69) | 4,236.20 | 2.12 |
Period | Return On Average Assets | Return on Average Equity | Net Interest Income/Total Operating Income |
---|---|---|---|
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 % |
2015 | 1.77 % | 13.95 % | 66.51 % |
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 % |
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 % |
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 % |
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 % |
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 % |
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 % |
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 % |
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 % |
Q4 2023 | 1.88 % | 12.08 % | 86.30 % |
2023 | 1.88 % | 12.08 % | 84.86 % |
Q1 2024 | 1.90 % | 12.50 % | 85.35 % |
Period | Return On Average Assets | Return on Average Equity | Net Interest Income/Total Operating Income |
---|---|---|---|
2014 | 1.90 % | 14.49 % | 65.78 % |
2015 | 1.77 % | 13.95 % | 66.51 % |
2016 | 1.68 % | 12.65 % | 70.81 % |
2017 | 1.77 % | 12.72 % | 73.14 % |
2018 | 2.27 % | 15.60 % | 78.83 % |
2019 | 1.67 % | 11.03 % | 82.48 % |
2020 | 1.14 % | 7.14 % | 83.59 % |
2021 | 1.17 % | 7.16 % | 83.55 % |
2022 | 1.52 % | 9.68 % | 82.14 % |
2023 | 1.88 % | 12.08 % | 84.86 % |
Period | Assets | Change | Customer Deposits | Change | Loan | Change |
---|---|---|---|---|---|---|
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 % |
Q4 2023 | 220.68 | 3.8 % | 165.86 | 7.1 % | 152.24 | 5.8 % |
Q1 2024 | 232.15 | 8.5 % | 174.54 | 12.4 % | 157.88 | 9.1 % |
Period | Assets | Change | Customer Deposits | Change | Loan | Change |
---|---|---|---|---|---|---|
3m 2015 | 164.79 | 9.5 % | 131.23 | 11.6 % | 108.85 | 24.5 % |
6m 2015 | 166.43 | 16.7 % | 132.42 | 21.3 % | 111.49 | 21.5 % |
9m 2015 | 164.86 | 10.0 % | 132.60 | 15.6 % | 113.28 | 17.9 % |
12m 2015 | 170.42 | 3.5 % | 135.76 | 4.7 % | 115.66 | 11.5 % |
3m 2016 | 166.59 | 1.1 % | 132.03 | 0.6 % | 116.04 | 6.6 % |
6m 2016 | 166.58 | 0.1 % | 129.16 | (2.5 %) | 117.88 | 5.7 % |
9m 2016 | 167.26 | 1.5 % | 128.24 | (3.3 %) | 115.62 | 2.1 % |
12m 2016 | 170.01 | (0.2 %) | 135.91 | 0.1 % | 115.51 | (0.1 %) |
3m 2017 | 168.43 | 1.1 % | 131.84 | (0.1 %) | 116.04 | 0.0 % |
6m 2017 | 171.03 | 2.7 % | 130.75 | 1.2 % | 114.88 | (2.5 %) |
9m 2017 | 163.64 | (2.2 %) | 128.55 | 0.2 % | 115.93 | 0.3 % |
12m 2017 | 171.70 | 1.0 % | 136.05 | 0.1 % | 114.54 | (0.8 %) |
3m 2018 | 168.40 | 0.0 % | 130.03 | (1.4 %) | 113.06 | (2.6 %) |
6m 2018 | 167.85 | (1.9 %) | 129.24 | (1.2 %) | 117.49 | 2.3 % |
9m 2018 | 170.03 | 3.9 % | 130.97 | 1.9 % | 120.49 | 3.9 % |
12m 2018 | 178.35 | 3.9 % | 142.06 | 4.4 % | 121.04 | 5.7 % |
3m 2019 | 168.68 | 0.2 % | 130.31 | 0.2 % | 120.19 | 6.3 % |
6m 2019 | 170.90 | 1.8 % | 131.91 | 2.1 % | 119.75 | 1.9 % |
9m 2019 | 170.93 | 0.5 % | 130.92 | 0.0 % | 117.88 | (2.2 %) |
12m 2019 | 183.44 | 2.9 % | 142.13 | 0.1 % | 118.84 | (1.8 %) |
3m 2020 | 184.87 | 9.6 % | 135.98 | 4.4 % | 119.94 | (0.2 %) |
6m 2020 | 187.30 | 9.6 % | 133.90 | 1.5 % | 117.13 | (2.2 %) |
9m 2020 | 188.53 | 10.3 % | 136.72 | 4.4 % | 118.06 | 0.2 % |
12m 2020 | 180.40 | (1.7 %) | 129.35 | (9.0 %) | 113.36 | (4.6 %) |
3m 2021 | 177.44 | (4.0 %) | 125.16 | (8.0 %) | 115.56 | (3.7 %) |
6m 2021 | 181.88 | (2.9 %) | 130.22 | (2.7 %) | 117.83 | 0.6 % |
9m 2021 | 182.27 | (3.3 %) | 129.39 | (5.4 %) | 120.02 | 1.7 % |
12m 2021 | 192.50 | 6.7 % | 135.71 | 4.9 % | 126.67 | 11.7 % |
3m 2022 | 204.62 | 15.3 % | 148.14 | 18.4 % | 138.64 | 20.0 % |
6m 2022 | 209.83 | 15.4 % | 146.79 | 12.7 % | 143.06 | 21.4 % |
9m 2022 | 207.27 | 13.7 % | 147.81 | 14.2 % | 145.47 | 21.2 % |
12m 2022 | 212.63 | 10.5 % | 154.87 | 14.1 % | 143.83 | 13.5 % |
3m 2023 | 214.04 | 4.6 % | 155.25 | 4.8 % | 144.73 | 4.4 % |
6m 2023 | 215.98 | 2.9 % | 158.38 | 7.9 % | 148.85 | 4.1 % |
9m 2023 | 218.19 | 5.3 % | 154.22 | 4.3 % | 149.37 | 2.7 % |
12m 2023 | 220.68 | 3.8 % | 165.86 | 7.1 % | 152.24 | 5.8 % |
3m 2024 | 232.15 | 8.5 % | 174.54 | 12.4 % | 157.88 | 9.1 % |
Period | Assets | Change | Customer Deposits | Change | Loan | Change |
---|---|---|---|---|---|---|
2014 | 164.67 | 19.4 % | 129.63 | 21.9 % | 103.72 | 17.3 % |
2015 | 170.42 | 3.5 % | 135.76 | 4.7 % | 115.66 | 11.5 % |
2016 | 170.01 | (0.2 %) | 135.91 | 0.1 % | 115.51 | (0.1 %) |
2017 | 171.70 | 1.0 % | 136.05 | 0.1 % | 114.54 | (0.8 %) |
2018 | 178.35 | 3.9 % | 142.06 | 4.4 % | 121.04 | 5.7 % |
2019 | 183.44 | 2.9 % | 142.13 | 0.1 % | 118.84 | (1.8 %) |
2020 | 180.40 | (1.7 %) | 129.35 | (9.0 %) | 113.36 | (4.6 %) |
2021 | 192.50 | 6.7 % | 135.71 | 4.9 % | 126.67 | 11.7 % |
2022 | 212.63 | 10.5 % | 154.87 | 14.1 % | 143.83 | 13.5 % |
2023 | 220.68 | 3.8 % | 165.86 | 7.1 % | 152.24 | 5.8 % |
Period | Customer Deposits Per Total Assets | Loans and advances/Total assets | Loans and advances/Customers Deposits |
---|---|---|---|
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 % |
Q4 2023 | 75.16 % | 68.98 % | 91.78 % |
Q1 2024 | 75.19 % | 68.01 % | 90.45 % |
Period | Customer Deposits Per Total Assets | Loans and advances/Total assets | Loans and advances/Customers Deposits |
---|---|---|---|
2014 | 78.72 % | 62.99 % | 80.01 % |
2015 | 79.66 % | 67.86 % | 85.19 % |
2016 | 79.94 % | 67.94 % | 84.99 % |
2017 | 79.24 % | 66.71 % | 84.19 % |
2018 | 79.65 % | 67.86 % | 85.20 % |
2019 | 77.48 % | 64.78 % | 83.61 % |
2020 | 71.70 % | 62.84 % | 87.64 % |
2021 | 70.50 % | 65.80 % | 93.34 % |
2022 | 72.84 % | 67.64 % | 92.87 % |
2023 | 75.16 % | 68.98 % | 91.78 % |
Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | EPS Diluted (Riyal) | Book Value (BV) |
---|---|---|---|---|---|
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 |
Q4 2023 | 2,000.00 | 2.04 | 2.12 | 2.04 | 17.53 |
Q1 2024 | 2,000.00 | 2.12 | 2.26 | 2.12 | 17.58 |
Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | EPS Diluted (Riyal) | Book Value (BV) |
---|---|---|---|---|---|
2014 | 2,000.00 | 1.44 | 1.44 | - | 10.30 |
2015 | 2,000.00 | 1.48 | 1.48 | - | 10.95 |
2016 | 2,000.00 | 1.43 | 1.43 | - | 11.62 |
2017 | 2,000.00 | 1.51 | 1.51 | - | 12.18 |
2018 | 2,000.00 | 1.98 | 1.43 | - | 13.26 |
2019 | 2,000.00 | 1.51 | 1.51 | 1.51 | 14.15 |
2020 | 2,000.00 | 1.04 | 1.04 | 1.04 | 14.87 |
2021 | 2,000.00 | 1.09 | 1.00 | 1.09 | 15.55 |
2022 | 2,000.00 | 1.54 | 1.52 | 1.54 | 16.17 |
2023 | 2,000.00 | 2.04 | 2.12 | 2.04 | 17.53 |
Period | P/E | Adjusted P/E | Price/book |
---|---|---|---|
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 |
Q4 2023 | 9.32 | 8.95 | 1.08 |
Q1 2024 | 10.33 | 9.71 | 1.24 |
Period | P/E | Adjusted P/E | Price/book |
---|---|---|---|
2014 | 10.60 | 10.60 | 1.48 |
2015 | 7.94 | 7.94 | 1.08 |
2016 | 7.74 | 7.74 | 0.95 |
2017 | 8.16 | 8.16 | 1.01 |
2018 | 8.04 | 11.17 | 1.20 |
2019 | 13.59 | 13.59 | 1.45 |
2020 | 14.54 | 14.54 | 1.01 |
2021 | 15.75 | 17.10 | 1.10 |
2022 | 15.65 | 15.84 | 1.49 |
2023 | 9.32 | 8.95 | 1.08 |
Q1 2024
2024
Period | Retail | Corporate and Institutional Banking | Global markets and Treasury | Investment Banking and Brokerage | Others |
---|---|---|---|---|---|
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 |
Q4 2023 | 1,109.33 | 762.37 | 22.56 | 118.75 | 83.37 |
Q1 2024 | 1,113.87 | 939.46 | 139.74 | 116.51 | (0.13) |
Period | Retail | Corporate and Institutional Banking | Global markets and Treasury | Investment Banking and Brokerage | Others |
---|---|---|---|---|---|
2014 | 2,178.01 | 2,105.07 | 884.17 | 135.15 | 205.18 |
2015 | 2,290.30 | 2,235.07 | 853.22 | 140.89 | 261.66 |
2016 | 2,331.50 | 2,008.45 | 1,032.72 | 172.55 | 308.92 |
2017 | 2,389.85 | 2,443.90 | 1,137.28 | 167.67 | 239.25 |
2018 | 2,456.82 | 2,470.83 | 1,075.77 | 208.38 | 323.03 |
2019 | 2,749.95 | 2,567.63 | 956.85 | 120.63 | 337.78 |
2020 | 2,207.62 | 2,293.68 | 977.62 | 193.34 | 151.98 |
2021 | 1,971.46 | 1,946.26 | 1,577.33 | 177.93 | 91.55 |
2022 | 2,294.34 | 2,633.11 | 1,343.24 | 324.16 | 267.40 |
2023 | 4,145.05 | 3,173.85 | 577.79 | 384.90 | 285.52 |
Item | Q1 2024 (e) | Q1 2024 (a) | Change |
---|---|---|---|
Average | 1,077.11 | 1,235.56 | 14.71 % |
Item | Q1 2024 (e) | Q1 2024 (a) | Change |
---|---|---|---|
Hermes | 1,151.00 | 1,235.56 | 7.3 % |
Riyad Capital | 1,106.00 | 1,235.56 | 11.7 % |
FAB Securities | 1,075.00 | 1,235.56 | 14.9 % |
Sico | 1,069.00 | 1,235.56 | 15.6 % |
OSOOL AND BAKHEET | 984.56 | 1,235.56 | 25.5 % |
Current | |
Market Cap (M Riyal) | 39,000.00 |
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) | 7.92 |
P/E (TTM) | 8.39 |
Price/book | 1.07 |
Return on Average Assets (%) (TTM) | 2.0 |
Return on Average Equity (%) (TTM) | 13.3 |
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