1060 Stock Overview
Provides banking and financial services in the Kingdom of Saudi Arabia. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Saudi Awwal Bank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ر.س31.50 |
| 52 Week High | ر.س42.65 |
| 52 Week Low | ر.س30.85 |
| Beta | 0.66 |
| 1 Month Change | 0% |
| 3 Month Change | -10.38% |
| 1 Year Change | -12.13% |
| 3 Year Change | -1.25% |
| 5 Year Change | -9.22% |
| Change since IPO | 402.00% |
Recent News & Updates
Saudi Awwal Bank (TADAWUL:1060) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
Nov 10
Saudi Awwal Bank (TADAWUL:1060) Has Announced That It Will Be Increasing Its Dividend To SAR1.00
Aug 16Recent updates
Saudi Awwal Bank (TADAWUL:1060) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
Nov 10Saudi Awwal Bank (TADAWUL:1060) Has Announced That It Will Be Increasing Its Dividend To SAR1.00
Aug 16We Ran A Stock Scan For Earnings Growth And Saudi Awwal Bank (TADAWUL:1060) Passed With Ease
Jun 19Saudi Awwal Bank (TADAWUL:1060) Is Increasing Its Dividend To SAR0.98
Apr 26Saudi Awwal Bank (TADAWUL:1060) Is Increasing Its Dividend To SAR0.98
Apr 07Is Now The Time To Put Saudi Awwal Bank (TADAWUL:1060) On Your Watchlist?
Feb 05Shareholder Returns
| 1060 | SA Banks | SA Market | |
|---|---|---|---|
| 7D | -2.9% | -2.0% | -1.1% |
| 1Y | -12.1% | -1.0% | -9.0% |
Return vs Industry: 1060 underperformed the SA Banks industry which returned -1% over the past year.
Return vs Market: 1060 underperformed the SA Market which returned -9% over the past year.
Price Volatility
| 1060 volatility | |
|---|---|
| 1060 Average Weekly Movement | 3.2% |
| Banks Industry Average Movement | 2.7% |
| Market Average Movement | 4.0% |
| 10% most volatile stocks in SA Market | 7.7% |
| 10% least volatile stocks in SA Market | 2.5% |
Stable Share Price: 1060 has not had significant price volatility in the past 3 months compared to the SA market.
Volatility Over Time: 1060's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 4,195 | Tony Cripps | www.sab.com |
Saudi Awwal Bank, together with its subsidiaries, provides banking and financial services in the Kingdom of Saudi Arabia. The company operates through Wealth & Personal Banking, Corporate and Institutional Banking, Treasury, Capital Markets, and Others segments. The company’s personal banking services include current, savings, wafer, SAB green, premier, advance, AL ruwaad, and commodity investment accounts; personal and home financing, and financing against investment products; credit, debit, travel, and prepaid cards; wealth management solutions; investment solutions; payments and transfer services; e-statement; private banking services; safe deposit lockers; and online, mobile, and phone banking services.
Saudi Awwal Bank Fundamentals Summary
| 1060 fundamental statistics | |
|---|---|
| Market cap | ر.س65.24b |
| Earnings (TTM) | ر.س7.57b |
| Revenue (TTM) | ر.س13.09b |
8.5x
P/E Ratio1.0x
P/B RatioIs 1060 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1060 income statement (TTM) | |
|---|---|
| Revenue | ر.س13.09b |
| Cost of Revenue | ر.س0 |
| Gross Profit | ر.س13.09b |
| Other Expenses | ر.س5.52b |
| Earnings | ر.س7.57b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.69 |
| Gross Margin | 100.00% |
| Net Profit Margin | 57.84% |
| Debt/Equity Ratio | 84.6% |
How did 1060 perform over the long term?
See historical performance and comparisonDividends
6.3%
Current Dividend Yield54%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 13:44 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Saudi Awwal Bank is covered by 20 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |
| Abanob Magdy | Beltone Financial |
| Olga Veselova | BofA Global Research |