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Saudi National Bank

1180.SE

Latest Trade

60.90SAR

Change

-0.60(-0.98%)

Volume

1,035,068

Today's Range

60.80

 - 

61.50

52 Week Range

37.15

 - 

61.90

As of on the Saudi Arabian Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
61.50
Open
61.50
Volume
1,035,068
3M AVG Volume
65.95
Today's High
61.50
Today's Low
60.80
52 Week High
61.90
52 Week Low
37.15
Shares Out (MIL)
4,435.76
Market Cap (MIL)
275,397.00
Forward P/E
20.03
Dividend (Yield %)
1.06

Next Event

Q3 2021 National Commercial Bank SJSC Earnings Release

Latest Developments

More

Saudi National Bank Board Proposes H1 Dividend

Saudi National Bank Qtrly Profit Rises

SNB Announces Completion Of Merger Between NCB Capital And Samba Capital And Investment Management

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About Saudi National Bank

National Commercial Bank SJSC is a Saudi Arabia-based bank. It operates under the following segments: Retail, which provides banking services, including lending and current accounts in addition to products in compliance with Shariah rules, to individuals and private banking customers; Corporate, which provides banking services including conventional credit-related products and financing products in compliance with Shariah rules to small sized businesses, medium and large establishments and companies; Treasury, which provides a range of treasury and correspondent banking products and services, including money market and foreign exchange, to the Group’s clients, in addition to carrying out investment and trading activities and managing liquidity risk, market risk and credit risk; Capital Market, which provides wealth management, asset management, investment banking and shares brokerage services, as well as International, which comprises banking services provided outside Saudi Arabia.

Industry

Money Center Banks

Contact Info

King Abdulaziz Street, Balad Area

P.O.Box 3555

13519

Saudi Arabia

+966.1.12999666

https://www.alahli.com/

Executive Leadership

Saeed Mohammed A. Alghamdi

Non-Executive Chairman of the Board of Directors - Representative of the Public Investment Fund (PIF)

Faisal Bin Omar Al-Sakkaf

Chief Executive Officer

Talal Bin Ahmed Al Khereji

Deputy Chief Executive Officer

Rashid Bin Ibrahim M. Sharif

Non-Executive Vice Chairman of the Board of Directors - Representative of the Public Investment Fund (PIF)

Lama Bint Ahmed Ghazzaoui

Head - Finance Group

Key Stats

2.25 mean rating - 12 analysts
Sell
Hold
Buy
Revenue (MM, SAR)

2018

18.9K

2019

20.5K

2020

36.1K

2021(E)

30.3K
EPS (SAR)

2018

3.440

2019

3.680

2020

3.680

2021(E)

3.070
Price To Earnings (TTM)
16.90
Price To Sales (TTM)
10.88
Price To Book (MRQ)
1.71
Price To Cash Flow (TTM)
20.53
Total Debt To Equity (MRQ)
4.39
LT Debt To Equity (MRQ)
4.39
Return on Investment (TTM)
--
Return on Equity (TTM)
1.67

Latest News

Latest News

Saudi drives most Gulf bourses higher; Qatar dips

Most stock markets in the Gulf ended higher on Sunday, with the Saudi index leading the gains, reflecting a positive tone following the annual central banks' symposium and a rise in oil prices.

Saudi Tadawul Group hires JP Morgan, Citi, NCB Capital for IPO -statement

Saudi Tadawul Group, the owner and operator of the country's stock market, said on Wednesday it appointed JP Morgan, Citigroup and the securities arm of Saudi National Bank for its initial public offering.

Saudi National Bank posts 20% rise in quarterly profit

Saudi National Bank (SNB), the country's biggest lender, posted a 20.3% rise in first-quarter net profit on Monday with lower impairments and higher fees, in a sign that the economy has been recovering from last year's pandemic lockdowns.

Saudi National Bank buoys Saudi shares; other markets mixed

Major Gulf markets ended mixed on Sunday, with the Saudi index boosted by gains in its top lender following a dividend proposal and new board appointees.

Saudi National Bank names Khudairy as chairman following NCB-SAMBA merger

The Saudi National Bank, formed after the merger of National Commercial Bank and SAMBA Financial Group, named Ammar Abdul Wahed al-Khudairy on Sunday as chairman of the newly merged bank.

Major Gulf markets gain on higher oil prices, vaccine progress

Major Gulf markets ended higher on Monday, in line with global stocks, which were boosted by progress with coronavirus vaccines, while higher oil prices also helped to drive gains.

Most markets end higher as investors cheer Biden transition, vaccine progress

Most major Gulf markets closed higher on Tuesday, tracking gains on global bourses, helped by a formal transition nod for U.S. President-elect Joe Biden and new coronavirus vaccine developments.

Saudi government signs supply chain finance agreements with three banks

Saudi Arabia's finance ministry signed supply chain finance agreements with three commercial banks, Saudi state news agency SPA said on Monday, in a move aimed at easing government payments to private sector suppliers such as contractors.

Saudi Arabia's biggest bank NCB posts 23.7% rise in quarterly profit

Saudi Arabia's biggest lender National Commercial Bank <1180.SE> on Tuesday posted a nearly 24% rise in third-quarter net profit, as net commission income rose and impairment charges dropped.

Most Gulf markets rise; Qatar bourse slips

Most major stock markets in the Gulf rose in early trade on Tuesday, with gains in National Commercial Bank supporting the Saudi index.

Major Gulf markets gain as financial shares rise

Major stock markets rose in early trade on Monday, with gains in National Commercial Bank and Samba Financial Group helping the Saudi index after they signed a binding merger agreement.

NCB-Samba to merge into Saudi banking heavyweight

Saudi Arabia's biggest lender National Commercial Bank <1180.SE> (NCB) has entered a binding merger agreement with smaller lender Samba Financial Group <1090.SE> to create a combined entity with 837 billion riyals ($223 billion) in assets, NCB said on Sunday.

MIDEAST STOCKS-NCB, Samba jump on potential merger; Qatar eases

Saudi Arabia's stock market rose on Sunday, boosted by National Commercial Bank and Samba Financial Group Bank after they signed an initial merger agreement, while Qatar's index retreated in early trade.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:

Saudi Arabia's biggest lender NCB in merger talks with Samba

National Commercial Bank <1180.SE>, Saudi Arabia's biggest lender, said on Thursday it had signed an initial agreement with smaller lender Samba Financial Group <1090.SE> to create a combined entity with almost $214 billion in assets.

Saudi lenders NCB and Samba are in early merger talks - sources

National Commercial Bank (NCB), Saudi Arabia's largest lender by assets, is in early-stage merger talks with smaller rival Samba Financial Group, two sources familiar with the matter told Reuters.

Saudi NCB's net profit up 2.1%, impairment charges sharply up

National Commercial Bank , Saudi Arabia's biggest lender, on Sunday posted a 2.1% rise in quarterly profit, as a rise in net special commission and fee income offset a sharp rise in impairment charges.

UPDATE 1-Saudi lender NCB reports 18.8% rise in 2019 net profit

Saudi Arabia's National Commercial Bank (NCB), saw a 13.2% rise in fourth-quarter net profit, according to Reuters calculations, helped by increased revenue from commissions and financing, and lower operating costs.

Saudi Arabia's NCB, Riyad Bank pull plug on merger plan

Saudi Arabia's biggest lender by assets, National Commercial Bank (NCB) and Riyad Bank, the kingdom's fourth largest, said on Monday they had ended merger talks, without giving a reason.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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