Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Saudi Arabian (Tadawul) Banks Industry Analysis

UpdatedMar 25, 2026
DataAggregated Company Financials
Companies10
  • 7D2.2%
  • 3M8.1%
  • 1Y4.1%
  • YTD7.6%

The Banks is pretty flat in the last 7 days, but Al Rajhi Banking and Investment has stood out, gaining 3.3%. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 8.1% annually.

Industry Valuation and Performance

Has the Saudi Arabian Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 25 Mar 2026ر.س1.1tر.س150.1bر.س87.1b10.1x12.1x7x
Fri, 20 Feb 2026ر.س1.0tر.س150.1bر.س87.7b10.2x11.9x6.9x
Sun, 18 Jan 2026ر.س1.0tر.س147.0bر.س85.1b10x12x7x
Tue, 16 Dec 2025ر.س972.3bر.س147.0bر.س85.1b9.4x11.4x6.6x
Thu, 13 Nov 2025ر.س1.0tر.س147.0bر.س85.1b9.5x11.8x6.8x
Sat, 11 Oct 2025ر.س1.0tر.س143.5bر.س82.5b10.2x12.7x7.3x
Mon, 08 Sep 2025ر.س945.1bر.س143.5bر.س82.5b9.3x11.5x6.6x
Wed, 06 Aug 2025ر.س967.0bر.س143.5bر.س82.5b9.8x11.7x6.7x
Fri, 04 Jul 2025ر.س988.4bر.س139.0bر.س79.5b10.3x12.4x7.1x
Sun, 01 Jun 2025ر.س951.6bر.س139.0bر.س79.5b9.9x12x6.8x
Tue, 29 Apr 2025ر.س1.0tر.س135.8bر.س77.4b10.4x13.1x7.4x
Thu, 27 Mar 2025ر.س1.0tر.س134.2bر.س76.3b10.9x13.3x7.6x
Sat, 22 Feb 2025ر.س1.0tر.س134.2bر.س76.3b10.6x13.5x7.7x
Mon, 20 Jan 2025ر.س999.3bر.س129.7bر.س73.0b10.6x13.7x7.7x
Wed, 18 Dec 2024ر.س948.4bر.س129.7bر.س73.0b10.3x13x7.3x
Fri, 15 Nov 2024ر.س938.6bر.س129.7bر.س73.0b9.9x12.9x7.2x
Sun, 13 Oct 2024ر.س920.3bر.س126.6bر.س70.8b10.3x13x7.3x
Tue, 10 Sep 2024ر.س937.3bر.س126.6bر.س70.8b10.1x13.2x7.4x
Thu, 08 Aug 2024ر.س934.8bر.س124.1bر.س69.0b10.5x13.6x7.5x
Sat, 06 Jul 2024ر.س912.4bر.س123.6bر.س68.6b10.8x13.3x7.4x
Mon, 03 Jun 2024ر.س885.0bر.س123.6bر.س68.6b10.8x12.9x7.2x
Wed, 01 May 2024ر.س948.4bر.س121.5bر.س67.3b11.8x14.1x7.8x
Fri, 29 Mar 2024ر.س1.0tر.س121.5bر.س67.3b12.4x14.9x8.3x
Sun, 25 Feb 2024ر.س1.0tر.س121.5bر.س67.3b12.5x15.5x8.6x
Tue, 23 Jan 2024ر.س1.0tر.س119.3bر.س66.6b12.8x15.4x8.6x
Thu, 21 Dec 2023ر.س960.8bر.س119.3bر.س66.6b11.9x14.4x8.1x
Sat, 18 Nov 2023ر.س876.9bر.س119.3bر.س66.6b11.1x13.2x7.3x
Mon, 16 Oct 2023ر.س793.3bر.س116.6bر.س65.3b10.8x12.1x6.8x
Wed, 13 Sep 2023ر.س865.3bر.س116.6bر.س65.3b11.6x13.2x7.4x
Fri, 11 Aug 2023ر.س902.1bر.س116.6bر.س65.3b12.3x13.8x7.7x
Sun, 09 Jul 2023ر.س918.8bر.س113.2bر.س63.6b14.2x14.5x8.1x
Tue, 06 Jun 2023ر.س913.2bر.س113.2bر.س63.6b13.6x14.4x8.1x
Thu, 04 May 2023ر.س903.6bر.س109.7bر.س61.4b14.2x14.7x8.2x
Sat, 01 Apr 2023ر.س871.3bر.س109.3bر.س60.5b13.7x14.4x8x
Price to Earnings Ratio

14.4x


Total Market Cap: ر.س871.3bTotal Earnings: ر.س60.5bTotal Revenue: ر.س109.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Saudi Arabian Banks Industry Price to Earnings3Y Average 13.2x202420252026
Current Industry PE
  • Investors are pessimistic on the Saudi Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 11.9x which is lower than its 3-year average PE of 13.2x.
  • The industry is trading close to its 3-year average PS ratio of 7.5x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Saudi Arabian Financials industry?

SA Market-1.03%
Financials1.97%
Banks2.23%
Diversified Banks2.23%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 13.2x.
    • Analysts are expecting annual earnings growth of 8.1%, which is lower than the prior year's growth of 12.0% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 13.2x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 8.1% over the next 5 years.
  • However this is lower than its past earnings growth rate of 12% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 8.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
1120 Al Rajhi Banking and Investmentر.س104.503.3%
+ر.س13.2b		5.6%PB2.9x
1180 Saudi National Bankر.س41.583.1%
+ر.س7.5b		18.5%PB1.2x
1010 Riyad Bankر.س29.001.2%
+ر.س1.0b		-6.1%PB1.1x
1140 Bank Albiladر.س26.922.0%
+ر.س780.0m		-9.8%PB1.9x
1060 Saudi Awwal Bankر.س35.720.6%
+ر.س452.1m		-1.2%PB0.9x

Latest News

1050
ر.س19.40
Banque Saudi Fransi
7D
0.3%
1Y
8.4%

1050: Higher Dividend Payouts And Strong Margins Will Support Long-Term Profitability

Analysts have raised the Banque Saudi Fransi price target from SAR 22.62 to SAR 24.30, citing updated assumptions around revenue growth of 11.81%, a profit margin of 50.83%, and a forward P/E of 15.34x, along with a slightly lower discount rate of 20.29%. What's in the News The Board of Directors recommended a cash dividend of SAR 0.52 per share, after Zakat, for the second half of 2025, subject to shareholder approval and formal General Assembly scheduling (Key Developments).
1150
ر.س27.96
Alinma Bank
7D
-0.4%
1Y
-6.2%

1150: Refined Profitability And P/E Assumptions Will Support Stronger Future Upside

Analysts have nudged their price target for Alinma Bank higher from SAR31.26 to SAR32.41, citing slightly adjusted assumptions around the discount rate, revenue growth, profit margin and forward P/E as the key drivers of the change. Valuation Changes Fair Value: Adjusted from SAR31.26 to SAR32.41, indicating a modest change in the assessed value per share.
1180
ر.س41.58
Saudi National Bank
7D
3.1%
1Y
18.5%

1180: Upcoming Cash Dividend And Fine Tuned Assumptions Will Support Future Returns

Analysts have made a small upward adjustment to their price target for Saudi National Bank to SAR51.31, reflecting fine tuning to inputs such as fair value estimates, discount rate, revenue growth, profit margin, and forward P/E assumptions. What's in the News The Saudi National Bank Board of Directors recommended cash dividends of SAR 1.15 per share after Zakat for the second half of 2025, giving you a clear reference point for the proposed payout level (Key Developments).
1010
ر.س29.00
Riyad Bank
7D
1.2%
1Y
-6.1%
1030
ر.س13.08
Saudi Investment Bank
7D
1.1%
1Y
-7.8%

1030: Stable Assumptions Will Support Future Upside From Consistent Profitability

Analysts kept their SAR 15.12 price target for Saudi Investment Bank broadly unchanged, citing very small tweaks to the discount rate and future P/E assumptions, while maintaining their existing views on revenue growth and profit margins. Valuation Changes Fair Value: The SAR 15.12 fair value estimate is unchanged, indicating no revision to the central valuation level used by analysts.
1140
ر.س26.92
Bank Albilad
7D
2.0%
1Y
-9.8%
1020
ر.س11.50
Bank AlJazira
7D
1.0%
1Y
-15.5%
1060
ر.س35.72
Saudi Awwal Bank
7D
0.6%
1Y
-1.2%
1120
ر.س104.50
Al Rajhi Banking and Investment
7D
3.3%
1Y
5.6%