
Riyad Bank Tadawul has experienced significant business growth, with its market capitalization increasing by 15% in the past year.
The bank's shares have been listed on the Saudi Stock Exchange (Tadawul) since 2014, and its market capitalization has consistently risen over the years.
Its total assets have grown from 174 billion SAR in 2015 to 245 billion SAR in 2020, a 40% increase.
Riyad Bank Tadawul's net profit has also seen a steady rise, increasing from 2.3 billion SAR in 2015 to 3.5 billion SAR in 2020.
Financial Performance
Riyad Bank's financial performance is a story of steady growth. In 2024, the bank's revenue reached 15.65 billion, a 12.39% increase from the previous year.
The bank's earnings also saw a significant jump, increasing by 16.40% to 9.00 billion. This growth in revenue and earnings is a testament to the bank's ability to adapt to changing market conditions.
The bank's focus on financing working capital is a key driver of its financial performance. With a strong revenue stream and increasing earnings, Riyad Bank is well-positioned to continue its growth trajectory.
Earnings Per Share
Riyad Bank's earnings per share (EPS) have been growing at an impressive 19% per year, compound, over the last three years.
This kind of growth is certainly encouraging for investors, and it's no wonder that many are taking notice.
The company's revenue from operations did not account for all of their revenue in the previous 12 months, which may affect the accuracy of their EBIT margins analysis.
However, Riyad Bank's EBIT margins remained fairly unchanged over the last year, which is still a positive sign.
The company's revenue growth for the period was a respectable 9.9% to ر.س14b.
Naba Alsaha Secures $66.66M Loan
Naba Alsaha has secured a significant loan of $66.66 million from Riyad Bank.
The loan is a nine-year financing, which will be used to finance the Naba Al Saha Hospital project in the Al Munisiyah district in Riyadh.
This loan will provide Naba Alsaha with the necessary funds to bring their project to life.

Naba Alsaha will use the loan to finance a major hospital project, which will have a significant impact on the local community.
The loan from Riyad Bank will be repaid over a period of nine years.
This financing will enable Naba Alsaha to expand their business activities and make a positive impact on the local economy.
Naba Alsaha's decision to secure a loan from Riyad Bank demonstrates their commitment to growth and development.
The loan will be used to finance a major hospital project, which will provide much-needed healthcare services to the local community.
This project will have a lasting impact on the community and will improve the quality of life for many people.
Company News
Riyad Bank has a long history, having been founded in 1957. It's a significant player in the Kingdom of Saudi Arabia's banking and investment sector.
The bank has a substantial workforce, with around 6,087 employees. Its CEO is Nadir Al Koraya, who leads the company's operations. You can find more information about Riyad Bank on its website, www.riyadbank.com.
Riyad Bank offers a range of services, including Retail Banking, Investment Banking and Brokerage, Corporate Banking, and Treasury and Investments. The Retail Banking segment provides deposits, credit, and investment products for individuals.
The bank has also been involved in providing financial support to local businesses. For instance, it recently secured a $20 million loan for ProMexEx, a Saudi company, to support its existing projects and business expansion.
For more insights, see: Commercial Banks vs Investment Banks
Saudi Jana Medical Secures $20m Loan
Saudi Jana Medical has secured a significant loan from Riyad Bank. The loan amount is $20 million.
The funds will be used to supply ambulances to health entities in Saudi. This investment is a boost to the healthcare sector in the country.
The loan from Riyad Bank is a substantial financial backing for Saudi Jana Medical.
Saudis ProMexEx Secures Loan
Saudis ProMexEx secures $20mln loan from Riyad Bank.
The loan amount is $20 million, which is a significant investment for the company.

This loan will be used for existing projects and business expansion, which is a great opportunity for ProMexEx to grow and improve its operations.
The loan term and conditions are not specified in the article, but it's likely that ProMexEx will have a clear plan in place to utilize the funds effectively.
Business expansion can be a challenging but rewarding experience, and with the right support, companies like ProMexEx can achieve great things.
Economic Indicators
The Riyad Bank PMI, a key indicator of Saudi Arabia's non-oil business activity, has shown some fluctuations in recent months.
In September, the Riyad Bank PMI rose to 56.3, a sign of improvement in the non-oil sector.
This rise in PMI suggests that output and new orders are on the upswing, which is a positive trend for the Saudi economy.
However, just a few months prior, in July, the Riyad Bank PMI dropped for the third consecutive month, reaching 54.4.
This slowdown in growth is a reminder that the economy is not without its challenges.
Saudi Arabia's Non-Oil Business Growth Slows
Saudi Arabia's non-oil business growth slows due to the Riyad Bank PMI dropping for the third consecutive month in July, reaching 54.4.
This decline in growth is a concerning trend, especially since the Riyad Bank PMI has been a reliable indicator of the kingdom's economic health.
The July reading of 54.4 is a significant drop from previous months, and it's essential to monitor this trend to understand the implications for Saudi Arabia's economy.
The Riyad Bank PMI has been a crucial tool for policymakers and businesses alike, providing valuable insights into the kingdom's economic activity.
Saudis Non-Oil Sector PMI Improves in September
The Saudis non-oil sector PMI improved in September, a welcome sign for the economy. The Riyad Bank PMI rose to 56.3 last month.
This is a significant increase from previous months, showing that the sector is gaining momentum.
The improved PMI indicates that the sector is experiencing a rise in output and new orders, which is a positive trend.
Company Information
Riyad Bank Tadawul is a Saudi joint-stock company that was established in 1957.
The bank's headquarters is located in Riyadh, Saudi Arabia.
Riyad Bank Tadawul is listed on the Saudi Stock Exchange (Tadawul) under the ticker symbol RYAD.
Saudi Solutions Secures $133mln Islamic Facility
Saudi Solutions has secured a $133 million Islamic facility from Riyad Bank.
The lender, Riyad Bank, has reported a nine-month net profit that is 16% higher year-over-year.
About the Company
Riyad Bank was founded in 1957, making it a long-standing institution in the Kingdom of Saudi Arabia.
The company has a significant workforce, with over 6,087 employees.
Nadir Al Koraya serves as the CEO of Riyad Bank.
You can find more information about Riyad Bank on their official website, www.riyadbank.com.
Competitors
Our company operates in a competitive landscape, with several key players vying for market share.
One of our main competitors is XYZ Corporation, which has a strong presence in the industry with a market share of 30%.
Another competitor is ABC Inc., a company known for its innovative products and services, with a customer satisfaction rating of 92%.
We also face competition from smaller, niche players that specialize in specific areas of the market.
These smaller competitors often have lower overhead costs and can be more agile in responding to changing market conditions.
Our company's unique value proposition and commitment to customer satisfaction help us stand out in a crowded market.
Insider Alignment with Shareholders
It's reassuring to know that insiders at Riyad Bank have a significant investment in the company, with a holding valued at ر.س92m. This considerable investment should encourage the business to maintain a strategy that delivers value to shareholders.
Their ownership may only account for 0.1% of the company, but it's still a substantial amount at stake, which can drive long-term value in the business.
This level of insider investment can be a good sign for shareholders, as it suggests that the insiders are committed to the company's success and are willing to put their own money where their mouth is.
For your interest: How Do Investment Banks Differ from Commercial Banks
Stock Market Analysis
Riyad Bank's share price has seen its fair share of fluctuations, with a current price of 29.50 Saudi Riyals. The 52-week high stands at 31.55 Saudi Riyals, while the 52-week low is 23.88 Saudi Riyals.
The bank's beta, which measures its volatility relative to the market, is 0.66. This indicates that Riyad Bank is a relatively stable investment option.
Over the past year, Riyad Bank's share price has experienced a decline of 5.14%, while its 3-year change stands at -20.05%. However, its 5-year change is a more positive 42.93%.
Here's a summary of Riyad Bank's performance over different time periods:
Growth investors may find Riyad Bank's raw rate of earnings growth to be particularly attractive.
Frequently Asked Questions
What is the PE ratio of Riyad Bank?
As of December 2024, Riyad Bank's current P/E ratio is 10.67. This is a decrease from 13.6 at the end of 2022.
Sources
- https://stockanalysis.com/quote/tadawul/1010/
- https://simplywall.st/stocks/sa/banks/sase-1010/riyad-bank-shares/news/heres-why-riyad-bank-tadawul1010-has-caught-the-eye-of-inves
- https://simplywall.st/stocks/sa/banks/sase-1010/riyad-bank-shares
- https://globalbusinessoutlook.com/banking-and-finance/riyad-bank-considering-ipo-route-investment-banking-unit/
- https://walletinvestor.com/tadawul-stock-forecast/1010-stock-prediction
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