Al Rajhi Bank shares close at all-time high
Logo of Al Rajhi Bank
Shares of Al Rajhi Bank hit today, Feb. 20, their highest level since listing, at SAR 169.80.
Earlier today, the bank’s board of directors recommended a capital increase to SAR 40 billion from SAR 25 billion through a 60% bonus issue (three for five bonus shares).
Al Rajhi Bank started its operations in 1957. In 1978, Al Rajhi’s various sole proprietorships were merged under a single umbrella, Al Rajhi Banking Trading Co., and the bank was established as a Saudi joint stock company in 1988.
The bank opened its first men's branch in Riyadh's Deira district in 1957 and the first women's branch in 1979 in Al-Shemaysi neighborhood.
The lender carries out a full range of Shariah-compliant banking and investment operations for own or third-party purposes locally and overseas.
The company was listed on the Saudi Stock Exchange (Tadawul) on Dec. 1, 1988.
|
Al Rajhi Stock Performance |
||
|
Annual High (SAR) |
169.80 |
Today, Feb. 20, 2022 |
|
Annual Low (SAR) |
83.40 |
Feb. 21 2021 |
|
Historical High (SAR) |
169.80 |
Today, Feb. 20, 2022 |
|
Historical Low (SAR) |
3.45 |
April 30, 1995 |
|
Highest Trading Volume (mln shares) |
79.66 |
Dec. 3, 2014 |
The following table shows the most important financial indicators of the bank:
|
Key Financial Indicators |
|
|
Earnings Per Share (last 12 months) (SAR) |
5.90 |
|
Operating P/E (last 12 months) (x) |
28.47 |
|
Book Value (SAR) |
26.92 |
|
P/B Ratio (x) |
6.24 |
The bank increased its capital six times through issuing bonus shares to reach a current capital of SAR 25 billion.
|
Capital Amendments (SAR mln) |
||||
|
Date |
Method |
Previous Capital |
New Capital |
Variation |
|
2019 |
Bonus Shares |
16250 |
25000 |
54% |
|
2014 |
Bonus Shares |
15000 |
16250 |
8% |
|
2008 |
Bonus Shares |
13500 |
15000 |
11% |
|
2007 |
Bonus Shares |
6750 |
13500 |
100% |
|
2006 |
Bonus Shares |
4500 |
6750 |
50% |
|
2005 |
Bonus Shares |
2250 |
4500 |
100% |
The General Organization for Social Insurance (GOSI) is the major shareholder in Al Rajhi Bank with a stake of 9.61%.
|
Major Shareholder |
|
|
Shareholder |
Stake |
|
GOSI |
9.61 % |
Market Indices
Quotes
About Us
Join Us
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}