The Saudi National Bank

SASE:1180 Stock Report

Market Cap: ر.س198.0b

Saudi National Bank Past Earnings Performance

Past criteria checks 3/6

Saudi National Bank has been growing earnings at an average annual rate of 15.6%, while the Banks industry saw earnings growing at 16.1% annually. Revenues have been growing at an average rate of 15% per year. Saudi National Bank's return on equity is 11.2%, and it has net margins of 57.9%.

Key information

15.6%

Earnings growth rate

4.7%

EPS growth rate

Banks Industry Growth16.3%
Revenue growth rate15.0%
Return on equity11.2%
Net Margin57.9%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

SASE:1180 Revenue, expenses and earnings (SAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2434,24219,83810,0090
30 Jun 2434,08819,4819,9020
31 Mar 2433,71119,2669,7580
31 Dec 2333,66719,2379,5370
30 Sep 2333,42519,0519,3550
30 Jun 2332,51918,7669,0240
31 Mar 2331,85318,3948,9650
31 Dec 2231,31918,0138,9400
30 Sep 2229,89316,2629,3670
30 Jun 2229,12815,5189,5350
31 Mar 2226,54913,2529,5240
31 Dec 2124,27512,1848,8730
30 Sep 2123,15012,5457,8530
30 Jun 2121,26611,7237,0990
31 Mar 2120,03111,5346,2980
31 Dec 2019,50711,0036,4270
30 Sep 2019,39511,0556,3010
30 Jun 2018,47110,4486,2380
31 Mar 2019,25811,0756,3740
31 Dec 1919,15511,0056,2990
30 Sep 1918,22510,3206,3340
30 Jun 1918,0079,8906,3630
31 Mar 1917,6079,3746,3950
31 Dec 1817,4979,2156,4460
30 Sep 1817,3109,0526,6040
30 Jun 1816,9768,9656,5850
31 Mar 1816,6499,2376,4030
31 Dec 1716,3909,4486,4240
30 Sep 1716,4259,2156,6750
30 Jun 1716,3499,0686,7420
31 Mar 1716,6179,0937,0000
31 Dec 1616,5569,0296,9630
30 Sep 1616,3108,9446,7780
30 Jun 1616,2049,0506,6550
31 Mar 1615,9419,0476,4650
31 Dec 1515,7939,0896,3570
30 Sep 1515,2288,7886,2780
30 Jun 1515,2918,6636,3960
31 Mar 1515,4968,7256,2900
31 Dec 1415,1258,6556,1450
30 Sep 1415,2198,6256,0100
30 Jun 1414,7798,4895,7170
31 Mar 1414,1118,0565,7060

Quality Earnings: 1180 has high quality earnings.

Growing Profit Margin: 1180's current net profit margins (57.9%) are higher than last year (57%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1180's earnings have grown by 15.6% per year over the past 5 years.

Accelerating Growth: 1180's earnings growth over the past year (4.1%) is below its 5-year average (15.6% per year).

Earnings vs Industry: 1180 earnings growth over the past year (4.1%) did not outperform the Banks industry 13.9%.

Return on Equity

High ROE: 1180's Return on Equity (11.2%) 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 Analysis2025/01/02 11:37
End of Day Share Price 2025/01/02 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

The Saudi National 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
Kais KriaaAlphaMena
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Abanob MagdyBeltone Financial