Saudi Awwal Bank

SASE:1060 Stock Report

Market Cap: ر.س65.5b

Saudi Awwal Bank Past Earnings Performance

Past criteria checks 4/6

Saudi Awwal Bank has been growing earnings at an average annual rate of 41.7%, while the Banks industry saw earnings growing at 16.1% annually. Revenues have been growing at an average rate of 15% per year. Saudi Awwal Bank's return on equity is 12.2%, and it has net margins of 57.8%.

Key information

41.7%

Earnings growth rate

40.3%

EPS growth rate

Banks Industry Growth16.3%
Revenue growth rate15.0%
Return on equity12.2%
Net Margin57.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent 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) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

Saudi Awwal Bank (TADAWUL:1060) Has Announced That It Will Be Increasing Its Dividend To SAR1.00

Aug 16
Saudi Awwal Bank (TADAWUL:1060) Has Announced That It Will Be Increasing Its Dividend To SAR1.00

We Ran A Stock Scan For Earnings Growth And Saudi Awwal Bank (TADAWUL:1060) Passed With Ease

Jun 19
We Ran A Stock Scan For Earnings Growth And Saudi Awwal Bank (TADAWUL:1060) Passed With Ease

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

Apr 26
Saudi Awwal Bank (TADAWUL:1060) Is Increasing Its Dividend To SAR0.98

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

Apr 07
Saudi Awwal Bank (TADAWUL:1060) Is Increasing Its Dividend To SAR0.98

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

Feb 05
Is Now The Time To Put Saudi Awwal Bank (TADAWUL:1060) On Your Watchlist?

Revenue & Expenses Breakdown

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)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2413,0937,5734,2670
30 Jun 2412,9777,5974,2370
31 Mar 2412,5267,2044,1580
31 Dec 2312,1487,0024,1130
30 Sep 2311,4806,4034,1230
30 Jun 2310,9546,0833,9600
31 Mar 2310,1325,6283,8270
31 Dec 229,0964,8813,6620
30 Sep 228,0284,0563,3880
30 Jun 227,3733,4353,4090
31 Mar 227,1823,2643,3500
31 Dec 217,2253,2353,3920
30 Sep 217,9263,5073,3290
30 Jun 218,0943,6673,4290
31 Mar 217,189-4,1203,5950
31 Dec 207,323-4,1323,7130
30 Sep 207,156-4,1774,0440
30 Jun 207,553-4,0493,9990
31 Mar 206,9632,6263,7570
31 Dec 196,7122,7543,2320
30 Sep 196,5621,9402,7420
30 Jun 195,8481,8242,3230
31 Mar 197,3892,8442,1280
31 Dec 187,0642,7152,1780
30 Sep 186,5853,5752,2160
30 Jun 186,4063,5972,2120
31 Mar 186,0833,8942,1980
31 Dec 176,0763,9552,1910
30 Sep 175,8873,8552,0990
30 Jun 175,7893,7672,0850
31 Mar 175,8123,7892,0830
31 Dec 165,9153,8952,0840
30 Sep 166,2434,2272,0780
30 Jun 166,3464,3712,0450
31 Mar 166,2594,3572,0030
31 Dec 156,2114,3312,0100
30 Sep 156,2444,3611,9990
30 Jun 156,1404,2811,9780
31 Mar 156,1514,3011,9730
31 Dec 146,0524,2661,8960
30 Sep 145,9664,2721,8310
30 Jun 145,7294,0591,8030
31 Mar 145,5423,9061,7530
31 Dec 135,3723,7741,7210

Quality Earnings: 1060 has high quality earnings.

Growing Profit Margin: 1060's current net profit margins (57.8%) are higher than last year (55.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1060's earnings have grown significantly by 41.7% per year over the past 5 years.

Accelerating Growth: 1060's earnings growth over the past year (18.3%) is below its 5-year average (41.7% per year).

Earnings vs Industry: 1060 earnings growth over the past year (18.3%) exceeded the Banks industry 13.9%.

Return on Equity

High ROE: 1060's Return on Equity (12.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 21:56
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Abanob MagdyBeltone Financial
Olga VeselovaBofA Global Research