company background image
1140

Bank AlbiladSASE:1140 Stock Report

Market Cap

ر.س34.5b

7D

-2.2%

1Y

70.5%

Updated

26 Nov, 2021

Data

Company Financials +
1140 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance4/6
Financial Health6/6
Dividends0/6

1140 Stock Overview

Bank Albilad provides various banking products and services in the Kingdom of Saudi Arabia.

Price History & Performance

Summary of all time highs, changes and price drops for Bank Albilad
Historical stock prices
Current Share Priceر.س45.95
52 Week Highر.س47.20
52 Week Lowر.س26.05
Beta0.73
1 Month Change9.80%
3 Month Change7.99%
1 Year Change70.50%
3 Year Change130.67%
5 Year Change194.70%
Change since IPO-34.34%

Recent News & Updates

Oct 26
Does Bank Albilad (TADAWUL:1140) Deserve A Spot On Your Watchlist?

Does Bank Albilad (TADAWUL:1140) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Jul 12
Here's Why I Think Bank Albilad (TADAWUL:1140) Is An Interesting Stock

Here's Why I Think Bank Albilad (TADAWUL:1140) Is An Interesting Stock

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

1140SA BanksSA Market
7D-2.2%-3.1%-1.7%
1Y70.5%56.3%8.0%

Return vs Industry: 1140 exceeded the SA Banks industry which returned 56.3% over the past year.

Return vs Market: 1140 exceeded the SA Market which returned 8% over the past year.

Price Volatility

Is 1140's price volatile compared to industry and market?
1140 volatility
1140 Average Weekly Movement2.7%
Banks Industry Average Movement2.7%
Market Average Movement3.5%
10% most volatile stocks in SA Market5.5%
10% least volatile stocks in SA Market2.1%

Stable Share Price: 1140 is not significantly more volatile than the rest of SA stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 1140's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20043,547Abdulaziz Bin Mohammad Bin Al Onaizanhttps://www.bankalbilad.com

Bank Albilad provides various banking products and services in the Kingdom of Saudi Arabia. It operates through Retail Banking, Corporate Banking, Treasury, and Investment Banking and Brokerage segments. The Retail Banking segment offers deposits, financing, remittances, and currency exchange products and services to individuals.

Bank Albilad Fundamentals Summary

How do Bank Albilad's earnings and revenue compare to its market cap?
1140 fundamental statistics
Market Capر.س34.46b
Earnings (TTM)ر.س1.64b
Revenue (TTM)ر.س3.95b

21.1x

P/E Ratio

2.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1140 income statement (TTM)
Revenueر.س3.95b
Cost of Revenueر.س0
Gross Profitر.س3.95b
Expensesر.س2.31b
Earningsر.س1.64b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.18
Gross Margin100.00%
Net Profit Margin41.44%
Debt/Equity Ratio25.4%

How did 1140 perform over the long term?

See historical performance and comparison

Valuation

Is Bank Albilad undervalued compared to its fair value and its price relative to the market?

21.06x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1140 (SAR45.95) is trading above our estimate of fair value (SAR20.54)

Significantly Below Fair Value: 1140 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1140 is poor value based on its PE Ratio (21.1x) compared to the SA Banks industry average (20.4x).

PE vs Market: 1140 is good value based on its PE Ratio (21.1x) compared to the SA market (27x).


Price to Earnings Growth Ratio

PEG Ratio: 1140 is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: 1140 is overvalued based on its PB Ratio (2.9x) compared to the SA Banks industry average (1.5x).


Future Growth

How is Bank Albilad forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

10.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1140's forecast earnings growth (10.3% per year) is above the savings rate (9.1%).

Earnings vs Market: 1140's earnings (10.3% per year) are forecast to grow faster than the SA market (3.7% per year).

High Growth Earnings: 1140's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1140's revenue (13.4% per year) is forecast to grow faster than the SA market (2.3% per year).

High Growth Revenue: 1140's revenue (13.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1140's Return on Equity is forecast to be low in 3 years time (16.3%).


Past Performance

How has Bank Albilad performed over the past 5 years?

14.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1140 has a high level of non-cash earnings.

Growing Profit Margin: 1140's current net profit margins (41.4%) are higher than last year (37%).


Past Earnings Growth Analysis

Earnings Trend: 1140's earnings have grown by 14.1% per year over the past 5 years.

Accelerating Growth: 1140's earnings growth over the past year (26.1%) exceeds its 5-year average (14.1% per year).

Earnings vs Industry: 1140 earnings growth over the past year (26.1%) exceeded the Banks industry 16.9%.


Return on Equity

High ROE: 1140's Return on Equity (13.8%) is considered low.


Financial Health

How is Bank Albilad's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: 1140's Assets to Equity ratio (9.4x) is low.

Allowance for Bad Loans: 1140 has a sufficient allowance for bad loans (259%).

Low Risk Liabilities: 91% of 1140's liabilities are made up of primarily low risk sources of funding.

Loan Level: 1140 has an appropriate level of Loans to Assets ratio (73%).

Low Risk Deposits: 1140's Loans to Deposits ratio (91%) is appropriate.

Level of Bad Loans: 1140 has an appropriate level of bad loans (1.2%).


Dividend

What is Bank Albilad current dividend yield, its reliability and sustainability?

1.55%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1140's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1140's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1140's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1140's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1140 is not paying a notable dividend for the SA market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1140's dividend in 3 years as they are not forecast to pay a notable one for the SA market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average board tenure


CEO

Abdulaziz Bin Mohammad Bin Al Onaizan

no data

Tenure

ر.س284,349

Compensation

Mr. Abdulaziz Bin Mohammad Bin Ali Al Onaizan serves as Director since April 17, 2019 and CEO of Bank AlBilad. He is a Director of Alinma Investment Company. He serves as a Board Member of AlBilad Investme...


Board Members

Experienced Board: 1140's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bank Albilad's employee growth, exchange listings and data sources


Key Information

  • Name: Bank Albilad
  • Ticker: 1140
  • Exchange: SASE
  • Founded: 2004
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: ر.س34.463b
  • Shares outstanding: 750.00m
  • Website: https://www.bankalbilad.com

Number of Employees


Location

  • Bank Albilad
  • 8229 Al Mutamarat
  • Unit 2
  • Riyadh
  • 3952-12711
  • Saudi Arabia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 14:00
End of Day Share Price2021/11/25 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.