Analyst Estimates: Here's What Brokers Think Of Saudi Awwal Bank (TADAWUL:1060) After Its Full-Year Report

Saudi Awwal Bank (TADAWUL:1060) came out with its full-year results last week, and we wanted to see how the business is performing and what industry forecasters think of the company following this report. Results look mixed - while revenue fell marginally short of analyst estimates at ر.س13b, statutory earnings were in line with expectations, at ر.س3.78 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

View our latest analysis for Saudi Awwal Bank

earnings-and-revenue-growth
SASE:1060 Earnings and Revenue Growth February 14th 2025

Taking into account the latest results, the most recent consensus for Saudi Awwal Bank from ten analysts is for revenues of ر.س15.2b in 2025. If met, it would imply a solid 13% increase on its revenue over the past 12 months. Per-share earnings are expected to rise 8.1% to ر.س4.08. Before this earnings report, the analysts had been forecasting revenues of ر.س15.1b and earnings per share (EPS) of ر.س4.07 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at ر.س47.12. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Saudi Awwal Bank at ر.س54.00 per share, while the most bearish prices it at ر.س43.00. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 13% growth on an annualised basis. That is in line with its 16% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 12% annually. It's clear that while Saudi Awwal Bank's revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.

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The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at ر.س47.12, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Saudi Awwal Bank. Long-term earnings power is much more important than next year's profits. We have forecasts for Saudi Awwal Bank going out to 2027, and you can see them free on our platform here.

And what about risks? Every company has them, and we've spotted 1 warning sign for Saudi Awwal Bank you should know about.

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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About SASE:1060

Saudi Awwal Bank

Provides banking and financial services in the Kingdom of Saudi Arabia.

Flawless balance sheet average dividend payer.

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