Financials The Saudi National Bank

Equities

Market Closed - Saudi Arabian S.E. Other stock markets 13:20:01 08/09/2024 BST			5-day change	1st Jan Change
34.60 ^SAR	-2.26%		-1.70%	-10.48%

09-01	Acwa Power Secures SAR10 Billion Funding for Three PV Solar Projects in Saudi Arabia	MT
08-26	Arqaam Capital Lifts Saudi National Bank PT, Maintains Buy Rating	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	20,607	21,458	28,462	33,003	34,589	36,711	40,424	43,571
Change	-	4.13%	32.64%	15.95%	4.8%	6.13%	10.12%	7.78%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	14,276	14,961	18,599	23,220	24,232	25,913	29,277	31,667
Change	-	4.8%	24.31%	24.85%	4.36%	6.94%	12.98%	8.16%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	12,919	12,933	14,438	21,277	22,773	23,623	25,584	27,647
Change	-	0.11%	11.63%	47.37%	7.03%	3.73%	8.3%	8.06%
Net income ¹	11,401	11,440	12,670	18,580	20,010	20,333	22,189	23,938
Change	-	0.34%	10.75%	46.65%	7.7%	1.61%	9.13%	7.88%
Announcement Date	29/01/20	16/02/21	02/02/22	01/02/23	05/02/24	-	-	-

¹SAR in Million

Estimates

Fiscal Period: December	2019 Q3	2019 Q4	2020 Q1	2020 Q2	2020 Q3	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
Net sales ¹	5,009	5,590	5,305	4,766	5,638	5,749	5,773	7,501	7,800	7,389	8,065	8,373	8,448	8,118	8,731	8,497	8,737	8,625	8,939	8,916	9,169	9,418
Change	-	11.59%	-5.1%	-10.16%	18.29%	1.98%	0.41%	29.94%	3.98%	-5.27%	9.15%	3.83%	0.89%	-3.91%	7.56%	-2.68%	2.83%	-1.28%	3.64%	-0.26%	2.84%	2.71%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	-	4,137	3,614	3,236	3,998	4,114	4,151	4,822	5,049	4,577	5,640	5,808	6,017	5,755	6,290	5,888	5,975	6,079	6,274	6,166	-	-
Change	-	-	-12.65%	-10.45%	23.53%	2.9%	0.91%	16.16%	4.7%	-9.34%	23.22%	2.98%	3.6%	-4.35%	9.3%	-6.4%	1.48%	1.74%	3.2%	-1.72%	-100%	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	3,851	-	-	-	-	-	2,414	4,310	3,897	-	5,307	5,407	5,405	5,794	5,795	5,673	-	5,696	5,729	-	-
Change	-	-	-100%	-	-	-	-	-	78.53%	-9.58%	-100%	-	1.88%	-0.03%	7.19%	0.02%	-2.11%	-100%	-	0.58%	-100%	-
Net income ¹	2,551	3,390	2,834	2,088	3,158	3,360	3,408	2,117	3,785	3,350	4,502	4,589	4,725	4,770	5,022	5,016	5,010	4,963	5,040	5,231	4,824	4,917
Change	-	32.89%	-16.39%	-26.33%	51.28%	6.38%	1.45%	-37.89%	78.81%	-11.5%	34.39%	1.94%	2.95%	0.96%	5.28%	-0.13%	-0.11%	-0.94%	1.55%	3.79%	-7.79%	1.93%
Announcement Date	24/10/19	29/01/20	17/05/20	09/08/20	02/11/20	16/02/21	03/05/21	05/08/21	24/10/21	02/02/22	27/04/22	01/08/22	30/10/22	01/02/23	01/05/23	02/08/23	24/10/23	05/02/24	29/04/24	04/08/24	-	-

¹SAR in Million

Estimates

¹SAR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	29/01/20	16/02/21	02/02/22	01/02/23	05/02/24	-	-	-

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023
CAPEX ¹	864	781.9	1,069	1,743	2,051	1,787
Change	-	-9.5%	36.74%	63.03%	17.66%	-12.87%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	30/01/19	05/02/20	16/02/21	10/02/22	06/02/23	13/02/24

¹SAR in Million

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	69.28%	69.72%	65.34%	70.36%	70.06%	70.59%	72.42%	72.68%
EBT Margin (%)	-	62.69%	60.27%	50.73%	64.47%	65.84%	64.35%	63.29%	63.45%
Net margin (%)	-	55.33%	53.31%	44.51%	56.3%	57.85%	55.39%	54.89%	54.94%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	2.38%	2.07%	1.04%	2%	2.02%	1.91%	1.86%	1.86%
ROE	-	17.06%	15.47%	10.49%	11.62%	11.71%	11.99%	12.09%	12.38%
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	-	1.725	-	1.162	1.275	1.75	1.848	1.964	2.146
Change	-	-	-	-	9.68%	37.25%	5.62%	6.25%	9.29%
Book Value Per Share ¹	-	17.27	19.92	27.42	28.05	29.57	28.14	29.86	31.77
Change	-	-	15.3%	37.7%	2.27%	5.44%	-4.84%	6.09%	6.41%
EPS ¹	-	2.76	2.752	2.235	3.038	3.23	3.36	3.636	3.912
Change	-	-	-0.27%	-18.8%	35.91%	6.34%	4.04%	8.2%	7.6%
Nbr of stocks (in thousands)	-	3,988,229	3,987,224	5,914,352	5,917,669	5,944,035	5,945,000	5,945,000	5,945,000
Announcement Date	-	29/01/20	16/02/21	02/02/22	01/02/23	05/02/24	-	-	-