Financials Arab National Bank

Equities

Market Closed - Saudi Arabian S.E. Other stock markets 12:20:00 15/01/2026 GMT			5-day change	1st Jan Change
21.41 ^SAR	-0.88%		+0.28%	-0.97%

01-14	BSF Capital Lowers Arab National Bank PT, Affirms Buy Rating	MT
01-09	Goldman Sachs Downgrades Arab National Bank to Neutral, Trims PT	MT

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	5,824	5,765	6,862	8,567	9,500	9,984	10,589	11,351
Change	-	-1.02%	19.03%	24.84%	10.89%	5.1%	6.06%	7.19%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	3,778	3,563	4,405	5,719	6,372	6,744	7,166	7,742
Change	-	-5.68%	23.61%	29.85%	11.41%	5.85%	6.24%	8.05%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	2,572	2,622	3,633	4,747	5,753	6,005	6,099	6,559
Change	-	1.96%	38.55%	30.66%	21.2%	4.39%	1.55%	7.55%
Net income ¹	2,072	2,177	3,070	4,071	4,966	5,173	5,260	5,626
Change	-	5.06%	41.04%	32.57%	22%	4.17%	1.68%	6.96%
Announcement Date	25/02/21	24/02/22	23/02/23	14/02/24	05/02/25	-	-	-

¹SAR in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	1,401	1,556	1,381	1,479	1,348	1,454	1,674	1,815	1,919	2,180	2,088	2,202	2,096	2,309	2,335	2,409	2,447	2,531	2,594	2,392	2,507
Change	-	11.08%	-11.25%	7.1%	-8.86%	7.88%	15.06%	8.47%	5.69%	13.62%	-4.23%	5.47%	-4.8%	10.14%	1.13%	3.17%	1.58%	3.43%	2.49%	-7.79%	4.79%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	933.3	1,021	847.8	928.4	766.3	879.9	1,099	1,220	1,206	1,521	1,414	1,479	1,305	1,579	1,598	1,620	1,575	1,730	1,763	1,567	1,731
Change	-	9.37%	-16.95%	9.51%	-17.46%	14.82%	24.93%	10.96%	-1.15%	26.18%	-7.04%	4.58%	-11.79%	21.04%	1.2%	1.38%	-2.78%	9.84%	1.91%	-11.12%	10.47%
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	420.7	708.4	577	764.6	572.3	-	838.6	1,068	953.2	1,233	1,163	1,246	1,105	1,417	1,439	1,462	1,435	1,530	1,555	-	1,466
Change	-	68.37%	-18.54%	32.51%	-25.15%	-	-	27.37%	-10.75%	29.35%	-5.69%	7.15%	-11.32%	28.24%	1.55%	1.6%	-1.85%	6.62%	1.63%	-	-
Net income ¹	273.9	582.2	472.8	665.4	456.8	650.7	707.7	921.1	790.9	1,068	986	1,076	940.7	1,236	1,231	1,243	1,256	1,304	1,336	1,329	1,246
Change	-	112.59%	-18.8%	40.74%	-31.35%	42.46%	8.76%	30.16%	-14.14%	35.04%	-7.68%	9.13%	-12.57%	31.39%	-0.4%	0.97%	1.05%	3.82%	2.45%	-0.52%	-6.22%
Announcement Date	25/02/21	06/05/21	04/08/21	25/10/21	24/02/22	26/04/22	04/08/22	01/11/22	23/02/23	27/04/23	30/07/23	22/10/23	14/02/24	28/04/24	05/08/24	22/10/24	05/02/25	27/04/25	22/07/25	22/10/25	-

¹SAR in Million

Estimates

¹SAR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	25/02/21	24/02/22	23/02/23	14/02/24	05/02/25	-	-	-

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024
CAPEX ¹	78.88	75.82	80.56	210.2	391.3	627.3
Change	-	-3.88%	6.25%	160.93%	86.14%	60.34%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	01/03/20	04/03/21	03/03/22	23/02/23	14/02/24	16/02/25

¹SAR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	64.86%	61.81%	64.19%	66.76%	67.07%	67.55%	67.67%	68.21%
EBT Margin (%)	-	44.15%	45.48%	52.94%	55.41%	60.56%	60.15%	57.59%	57.79%
Net margin (%)	-	35.58%	37.76%	44.74%	47.51%	52.27%	51.81%	49.67%	49.57%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	1.14%	1.17%	1.52%	1.88%	2.11%	1.98%	1.8%	1.72%
ROE	-	7.14%	7.16%	9.68%	12.08%	13.44%	13.06%	12%	12.4%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	0.75	0.6	-	1.012	1.3	1.289	1.327	1.369
Change	-	-	-20%	-	-	28.4%	-0.82%	2.92%	3.14%
Book Value Per Share ¹	-	14.87	15.55	16.17	17.53	19.06	21.5	21.08	23.78
Change	-	-	4.6%	3.97%	8.46%	8.7%	12.78%	-1.92%	12.79%
EPS ¹	-	1.035	1.088	1.538	2.032	2.48	2.543	2.557	2.691
Change	-	-	5.07%	41.38%	32.2%	22.02%	2.53%	0.55%	5.24%
Nbr of stocks (in thousands)	-	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000
Announcement Date	-	25/02/21	24/02/22	23/02/23	14/02/24	05/02/25	-	-	-