Saudi Awwal Bank Past Earnings Performance

Past criteria checks 5/6

Saudi Awwal Bank has been growing earnings at an average annual rate of 30.5%, while the Banks industry saw earnings growing at 18.4% annually. Revenues have been growing at an average rate of 11.1% per year. Saudi Awwal Bank's return on equity is 11.3%, and it has net margins of 57.6%.

Key information

30.5%

Earnings growth rate

25.3%

EPS growth rate

Banks Industry Growth	16.3%
Revenue growth rate	11.1%
Return on equity	11.3%
Net Margin	57.6%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

If EPS Growth Is Important To You, Saudi Awwal Bank (TADAWUL:1060) Presents An Opportunity

Oct 20

Here's Why We Think Saudi Awwal Bank (TADAWUL:1060) Might Deserve Your Attention Today

Jul 06

Here's Why We Think Saudi British Bank (TADAWUL:1060) Is Well Worth Watching

Mar 20

Does Saudi British Bank (TADAWUL:1060) Deserve A Spot On Your Watchlist?

Dec 03

Is The Saudi British Bank (TADAWUL:1060) A Good Dividend Stock?

Feb 01

A Look At Saudi British Bank's (TADAWUL:1060) Share Price Returns

Dec 28

Are Institutions Heavily Invested In The Saudi British Bank's (TADAWUL:1060) Shares?

Nov 19

Revenue & Expenses Breakdown
Beta

How Saudi Awwal Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SASE:1060 Revenue, expenses and earnings (SAR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	12,148	7,002	4,113
30 Sep 23	11,480	6,450	4,070
30 Jun 23	10,954	6,130	3,906
31 Mar 23	10,132	5,675	3,773
31 Dec 22	9,096	4,881	3,662
30 Sep 22	8,028	4,056	3,388
30 Jun 22	7,373	3,435	3,409
31 Mar 22	7,182	3,264	3,350
31 Dec 21	7,225	3,235	3,392
30 Sep 21	7,926	3,507	3,329
30 Jun 21	8,094	3,667	3,429
31 Mar 21	7,189	-4,120	3,595
31 Dec 20	7,323	-4,132	3,713
30 Sep 20	7,156	-4,177	4,044
30 Jun 20	7,553	-4,049	3,999
31 Mar 20	6,963	2,626	3,757
31 Dec 19	6,712	2,754	3,232
30 Sep 19	6,562	1,940	2,742
30 Jun 19	5,848	1,824	2,323
31 Mar 19	7,389	2,844	2,128
31 Dec 18	7,064	2,715	2,178
30 Sep 18	6,585	3,575	2,216
30 Jun 18	6,406	3,597	2,212
31 Mar 18	6,083	3,894	2,198
31 Dec 17	6,076	3,955	2,191
30 Sep 17	5,887	3,855	2,099
30 Jun 17	5,789	3,767	2,085
31 Mar 17	5,812	3,789	2,083
31 Dec 16	5,915	3,895	2,084
30 Sep 16	6,243	4,227	2,078
30 Jun 16	6,346	4,371	2,045
31 Mar 16	6,259	4,357	2,003
31 Dec 15	6,211	4,331	2,010
30 Sep 15	6,244	4,361	1,999
30 Jun 15	6,140	4,281	1,978
31 Mar 15	6,151	4,301	1,973
31 Dec 14	6,052	4,266	1,896
30 Sep 14	5,966	4,272	1,831
30 Jun 14	5,729	4,059	1,803
31 Mar 14	5,542	3,906	1,753
31 Dec 13	5,372	3,774	1,721
30 Sep 13	5,216	3,614	1,692
30 Jun 13	4,994	3,424	1,654

Quality Earnings: 1060 has high quality earnings.

Growing Profit Margin: 1060's current net profit margins (57.6%) are higher than last year (53.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1060's earnings have grown significantly by 30.5% per year over the past 5 years.

Accelerating Growth: 1060's earnings growth over the past year (43.4%) exceeds its 5-year average (30.5% per year).

Earnings vs Industry: 1060 earnings growth over the past year (43.4%) exceeded the Banks industry 15.3%.

Saudi Awwal Bank Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Full year 2023 earnings: EPS exceeds analyst expectations

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Full year 2022 earnings released: EPS: ر.س2.40 (vs ر.س1.57 in FY 2021)

Third quarter 2022 earnings released: EPS: ر.س0.68 (vs ر.س0.43 in 3Q 2021)

Second quarter 2022 earnings released: EPS: ر.س0.54 (vs ر.س0.45 in 2Q 2021)

Recent updates

Saudi Awwal Bank (TADAWUL:1060) Is Increasing Its Dividend To SAR0.98

Upcoming dividend of ر.س0.98 per share

Saudi Awwal Bank (TADAWUL:1060) Is Increasing Its Dividend To SAR0.98

Final dividend of ر.س0.98 announced

Price target increased by 8.0% to ر.س46.83

Full year 2023 earnings: EPS exceeds analyst expectations

Is Now The Time To Put Saudi Awwal Bank (TADAWUL:1060) On Your Watchlist?

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

If EPS Growth Is Important To You, Saudi Awwal Bank (TADAWUL:1060) Presents An Opportunity

Upcoming dividend of ر.س0.88 per share at 4.9% yield

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Here's Why We Think Saudi Awwal Bank (TADAWUL:1060) Might Deserve Your Attention Today

Full year 2022 earnings released: EPS: ر.س2.40 (vs ر.س1.57 in FY 2021)

Here's Why We Think Saudi British Bank (TADAWUL:1060) Is Well Worth Watching

the Saudi British Bank Announces Recommendation to Distribute Cash Dividends for the Second Half of the Fiscal Year 2022

the Saudi British Bank Names New Chairperson and Vice Chairperson

Does Saudi British Bank (TADAWUL:1060) Deserve A Spot On Your Watchlist?

Third quarter 2022 earnings released: EPS: ر.س0.68 (vs ر.س0.43 in 3Q 2021)

Second quarter 2022 earnings released: EPS: ر.س0.54 (vs ر.س0.45 in 2Q 2021)

High number of new directors

The Saudi British Bank Appoints Al-Gheshayan to Lead Retail, Wealth Management

Price target increased to ر.س42.13

The Saudi British Bank Recommends Interim Cash Dividend for the First Half of the Fiscal Year 2022

The Saudi British Bank Appoints Yasser Ali Al-Barrak as CEO C&I Banking, Effective July 1, 2022

Price target increased to ر.س40.40

Consensus EPS estimates increase by 12%

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased to ر.س37.25

High number of new directors

Price target increased to ر.س37.25

The Saudi British Bank Approves Cash Dividend for the Second Half of 2021, Payable on April 25, 2022

Upcoming dividend of ر.س0.36 per share

Price target increased to ر.س36.24

Full year 2021 earnings: EPS misses analyst expectations

The Saudi British Bank Recommends Final Cash Dividend for the Second Half of the Fiscal Year Ending 31 December 2021

Third quarter 2021 earnings released: EPS ر.س0.43 (vs ر.س0.51 in 3Q 2020)

Second quarter 2021 earnings released: EPS ر.س0.45 (vs ر.س3.39 loss in 2Q 2020)

First quarter 2021 earnings released: EPS ر.س0.47 (vs ر.س0.48 in 1Q 2020)

Full year 2020 earnings released: ر.س2.03 loss per share (vs ر.س1.57 profit in FY 2019)

New 90-day low: ر.س24.16

The Saudi British Bank Announces Changes to Its Board, Effective 23 May 2021

Is The Saudi British Bank (TADAWUL:1060) A Good Dividend Stock?

New 90-day high: ر.س27.20

A Look At Saudi British Bank's (TADAWUL:1060) Share Price Returns

New 90-day high: ر.س27.10

Are Institutions Heavily Invested In The Saudi British Bank's (TADAWUL:1060) Shares?

Third quarter 2020 earnings released: EPS ر.س0.51

New 90-day low: ر.س23.20

The Saudi British Bank Announces the Resignation of Ms. Maria Ramos from Her Position as an Independent Board Member and the Chair of the NRC Effective 31 December 2020

Price target raised to ر.س24.89

First half earnings released

New 90-day high - ر.س25.50

Price target lowered to ر.س23.03

New 90-day high - ر.س24.76

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Revenue & Expenses Breakdown
Beta