Saudi Arabian (Tadawul) Banks Industry Analysis

UpdatedJul 05, 2026

DataAggregated Company Financials

Companies10

7D-1.9%
3M-6.8%
1Y0.9%
YTD2.2%

Over the last 7 days, the Banks industry has dropped 1.9%, driven by pullbacks from every company within the industry. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 8.4% 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
Sun, 05 Jul 2026	ر.س1.0t	ر.س152.8b	ر.س88.5b	9.5x	11.3x	6.6x
Tue, 02 Jun 2026	ر.س1.0t	ر.س152.8b	ر.س88.5b	9.6x	11.5x	6.6x
Thu, 30 Apr 2026	ر.س1.0t	ر.س152.1b	ر.س88.4b	9.8x	11.8x	6.9x
Sat, 28 Mar 2026	ر.س1.1t	ر.س150.1b	ر.س87.1b	10.3x	12.2x	7.1x
Mon, 23 Feb 2026	ر.س1.0t	ر.س150.1b	ر.س87.1b	10.2x	11.9x	6.9x
Wed, 21 Jan 2026	ر.س1.0t	ر.س147.0b	ر.س85.1b	10.1x	12.2x	7x
Fri, 19 Dec 2025	ر.س957.8b	ر.س147.0b	ر.س85.1b	9.2x	11.2x	6.5x
Sun, 16 Nov 2025	ر.س997.0b	ر.س147.0b	ر.س85.1b	9.5x	11.7x	6.8x
Tue, 14 Oct 2025	ر.س1.0t	ر.س143.5b	ر.س82.5b	10.2x	12.6x	7.3x
Thu, 11 Sep 2025	ر.س932.5b	ر.س143.5b	ر.س82.5b	9.3x	11.3x	6.5x
Sat, 09 Aug 2025	ر.س965.0b	ر.س143.5b	ر.س82.5b	9.7x	11.7x	6.7x
Mon, 07 Jul 2025	ر.س995.0b	ر.س139.0b	ر.س79.5b	10.3x	12.5x	7.2x
Wed, 04 Jun 2025	ر.س930.9b	ر.س139.0b	ر.س79.5b	9.8x	11.7x	6.7x
Fri, 02 May 2025	ر.س990.1b	ر.س137.6b	ر.س78.8b	10.4x	12.6x	7.2x
Sun, 30 Mar 2025	ر.س1.0t	ر.س134.2b	ر.س76.3b	10.9x	13.7x	7.8x
Tue, 25 Feb 2025	ر.س1.0t	ر.س134.2b	ر.س76.3b	10.5x	13.5x	7.7x
Thu, 23 Jan 2025	ر.س1.0t	ر.س129.7b	ر.س73.0b	10.7x	13.8x	7.7x
Sat, 21 Dec 2024	ر.س937.5b	ر.س129.7b	ر.س73.0b	10.1x	12.8x	7.2x
Mon, 18 Nov 2024	ر.س923.5b	ر.س129.7b	ر.س73.0b	10x	12.7x	7.1x
Wed, 16 Oct 2024	ر.س920.7b	ر.س126.6b	ر.س70.8b	10.3x	13x	7.3x
Fri, 13 Sep 2024	ر.س930.6b	ر.س126.6b	ر.س70.8b	10.1x	13.1x	7.4x
Sun, 11 Aug 2024	ر.س936.0b	ر.س125.2b	ر.س69.7b	10.5x	13.4x	7.5x
Tue, 09 Jul 2024	ر.س918.2b	ر.س123.6b	ر.س68.6b	11x	13.4x	7.4x
Thu, 06 Jun 2024	ر.س905.8b	ر.س123.6b	ر.س68.6b	10.9x	13.2x	7.3x
Sat, 04 May 2024	ر.س949.7b	ر.س122.7b	ر.س68.1b	11.7x	14x	7.7x
Mon, 01 Apr 2024	ر.س1.0t	ر.س121.5b	ر.س67.3b	12.1x	15x	8.3x
Wed, 28 Feb 2024	ر.س1.0t	ر.س121.5b	ر.س67.3b	12.6x	15.6x	8.6x
Fri, 26 Jan 2024	ر.س1.0t	ر.س119.3b	ر.س66.6b	12.8x	15.4x	8.6x
Sun, 24 Dec 2023	ر.س947.4b	ر.س119.3b	ر.س66.6b	11.7x	14.2x	7.9x
Tue, 21 Nov 2023	ر.س879.8b	ر.س119.3b	ر.س66.6b	11x	13.2x	7.4x
Thu, 19 Oct 2023	ر.س811.5b	ر.س116.6b	ر.س65.3b	11x	12.4x	7x
Sat, 16 Sep 2023	ر.س858.8b	ر.س116.6b	ر.س65.3b	11.5x	13.1x	7.4x
Mon, 14 Aug 2023	ر.س900.8b	ر.س116.6b	ر.س65.3b	12.5x	13.8x	7.7x
Wed, 12 Jul 2023	ر.س926.3b	ر.س113.2b	ر.س63.6b	14.2x	14.6x	8.2x

Price to Earnings Ratio

14.6x

Wed, 12 Jul 2023

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 11.3x which is lower than its 3-year average PE of 13.0x.

The 3-year average PS ratio of 7.3x is higher than the industry's current PS ratio of 6.6x.

Past Earnings Growth

The earnings for companies in the Banks industry have grown 12% 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	-0.52%
Financials	-1.86%
Banks	-1.87%
Diversified Banks	-1.87%

Industry PE

Investors are most optimistic about the Diversified Banks industry even though it's trading below its 3-year average PE ratio of 13.0x.

Analysts are expecting annual earnings growth of 8.4%, which is lower than the prior year's growth of 9.7% per year.

Investors are most pessimistic about the Diversified Banks industry, which is trading below its 3-year average of 13.0x.

Forecasted Growth

Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 8.4% over the next 5 years.
This is roughly in line with its past earnings growth rate.