Narrative Update • Sep 03
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Saudi Arabian (Tadawul) Banks Industry Analysis
UpdatedSep 22, 2026
DataAggregated Company Financials
Companies10
- 7D-1.3%
- 3M-1.5%
- 1Y8.3%
- YTD4.2%
Over the last 7 days, the Banks industry has dropped 1.3%, driven by declines from every company within the industry. In the past year, the industry has gained 8.3%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 22 Sep 2026 | ر.س1.0t | ر.س155.4b | ر.س89.9b | 10x | 11.4x | 6.6x |
| Thu, 20 Aug 2026 | ر.س1.0t | ر.س155.4b | ر.س89.9b | 10.2x | 11.4x | 6.6x |
| Sat, 18 Jul 2026 | ر.س992.3b | ر.س152.8b | ر.س88.5b | 9.5x | 11.2x | 6.5x |
| Mon, 15 Jun 2026 | ر.س1.0t | ر.س152.8b | ر.س88.5b | 9.9x | 11.5x | 6.7x |
| Wed, 13 May 2026 | ر.س1.0t | ر.س152.8b | ر.س88.5b | 9.6x | 11.4x | 6.6x |
| Fri, 10 Apr 2026 | ر.س1.1t | ر.س150.1b | ر.س87.1b | 10.4x | 12.5x | 7.2x |
| Sun, 08 Mar 2026 | ر.س1.0t | ر.س150.1b | ر.س87.1b | 9.9x | 11.8x | 6.9x |
| Tue, 03 Feb 2026 | ر.س1.1t | ر.س162.5b | ر.س90.4b | 9.8x | 12x | 6.7x |
| Thu, 01 Jan 2026 | ر.س976.3b | ر.س147.0b | ر.س85.1b | 9.4x | 11.5x | 6.6x |
| Sat, 29 Nov 2025 | ر.س958.4b | ر.س147.0b | ر.س85.1b | 9.3x | 11.3x | 6.5x |
| Mon, 27 Oct 2025 | ر.س1.0t | ر.س148.0b | ر.س86.1b | 9.8x | 12.2x | 7.1x |
| Wed, 24 Sep 2025 | ر.س945.3b | ر.س143.5b | ر.س82.5b | 9.3x | 11.5x | 6.6x |
| Fri, 22 Aug 2025 | ر.س967.8b | ر.س143.5b | ر.س82.5b | 9.7x | 11.7x | 6.7x |
| Sun, 20 Jul 2025 | ر.س969.0b | ر.س139.0b | ر.س79.5b | 10.1x | 12.2x | 7x |
| Tue, 17 Jun 2025 | ر.س943.4b | ر.س139.0b | ر.س79.5b | 9.8x | 11.9x | 6.8x |
| Thu, 15 May 2025 | ر.س999.1b | ر.س139.0b | ر.س79.5b | 10.2x | 12.6x | 7.2x |
| Sat, 12 Apr 2025 | ر.س990.7b | ر.س134.2b | ر.س76.3b | 10.2x | 13x | 7.4x |
| Mon, 10 Mar 2025 | ر.س1.0t | ر.س134.2b | ر.س76.3b | 10x | 13.3x | 7.6x |
| Wed, 05 Feb 2025 | ر.س1.0t | ر.س132.9b | ر.س77.3b | 10.7x | 13.2x | 7.7x |
| Fri, 03 Jan 2025 | ر.س983.8b | ر.س129.7b | ر.س73.0b | 10.2x | 13.5x | 7.6x |
| Sun, 01 Dec 2024 | ر.س921.9b | ر.س129.7b | ر.س73.0b | 9.9x | 12.6x | 7.1x |
| Tue, 29 Oct 2024 | ر.س927.5b | ر.س127.7b | ر.س71.8b | 10.1x | 12.9x | 7.3x |
| Thu, 26 Sep 2024 | ر.س958.0b | ر.س126.6b | ر.س70.8b | 10.4x | 13.5x | 7.6x |
| Sat, 24 Aug 2024 | ر.س973.9b | ر.س126.6b | ر.س70.8b | 10.7x | 13.8x | 7.7x |
| Mon, 22 Jul 2024 | ر.س970.7b | ر.س123.6b | ر.س68.6b | 11.5x | 14.1x | 7.9x |
| Wed, 19 Jun 2024 | ر.س911.2b | ر.س123.6b | ر.س68.6b | 10.8x | 13.3x | 7.4x |
| Fri, 17 May 2024 | ر.س937.1b | ر.س123.6b | ر.س68.6b | 11.3x | 13.7x | 7.6x |
| Sun, 14 Apr 2024 | ر.س1.0t | ر.س121.5b | ر.س67.3b | 12.6x | 15.2x | 8.4x |
| Tue, 12 Mar 2024 | ر.س1.0t | ر.س121.5b | ر.س67.3b | 12.2x | 15x | 8.3x |
| Thu, 08 Feb 2024 | ر.س1.0t | ر.س119.1b | ر.س66.8b | 12.3x | 15.1x | 8.5x |
| Sat, 06 Jan 2024 | ر.س1.0t | ر.س119.3b | ر.س66.6b | 12.7x | 15.2x | 8.5x |
| Mon, 04 Dec 2023 | ر.س885.6b | ر.س119.3b | ر.س66.6b | 11x | 13.3x | 7.4x |
| Wed, 01 Nov 2023 | ر.س824.1b | ر.س130.5b | ر.س66.7b | 10.9x | 12.3x | 6.3x |
| Fri, 29 Sep 2023 | ر.س841.2b | ر.س116.6b | ر.س65.3b | 11.6x | 12.9x | 7.2x |
Price to Earnings Ratio
12.9x
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 11.4x which is lower than its 3-year average PE of 12.8x.
- The industry is trading close to its 3-year average PS ratio of 7.3x.
Past Earnings Growth
- The earnings for companies in the Banks industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 10% 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 | -0.66% | |
| Financials | -1.78% | |
| Banks | -1.35% | |
| Diversified Banks | -1.35% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 12.8x.
- Analysts are expecting annual earnings growth of 8.1%, which is higher than its past year's earnings growth of 5.6% per year.
- Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 12.8x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 8.1% over the next 5 years.
- This is better than its past earnings growth rate of 5.6% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||