Al Rajhi Banking and Investment Corporation

SR 61.10As of Sun 8 Nov 2026, 12:00 UTC

Tadawul:1120Financials

Country Saudi Arabia

PE (Fwd) •••

TSR 10Y CAGR 18.45%

Div yield 4.93%

ROTE 16.59%

Banks (Regional)

Beta (5Y) 0.36

PE TTM 14.30

TSR TTM (10.14%)

Mkt cap SR 366.6B

NIM —

SE Grade™

Value

Quality

Moat

Consensus

Reference

SR 67

10.00%

(0.27%)

Hold 1|9|4|11|0

TTM

FYE 31 Dec SAR

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

50.21

RevenueSR B

43.72

46.81

49.22

52.44

57.26

61.68

66.89

70.15

75.51

82.50

54.75

7.58%

7.50%

18.93

Revenue growth%

13.10

14.19

14.14

13.25

10.86

8.90

8.27

9.70

11.93

10.14

4.23

9.70

11.39

26.57

NIM%

2.90

5.17

3.16

0.46

0.40

1.30

3.10

1.38

0.40

5.64

1.30

1.34

25.91

Effic. R.%

24.25

22.02

19.20

16.41

15.80

16.91

17.62

20.62

22.69

19.95

11.44

19.95

19.58

14.75

Net margin%

19.96

17.60

19.68

21.34

24.32

26.98

25.68

23.74

20.94

21.00

4.05

23.74

21.17

25.75

P/E ratio (avg)x

51.65

58.26

54.82

55.18

53.48

58.24

55.90

54.19

59.49

62.75

10.47

58.24

55.54

29.89

P/TBVx

18.40

20.26

21.44

19.69

20.88

19.96

18.20

17.48

18.30

19.52

26.62

18.30

19.60

10.79

P/Bx

29.74

32.03

31.18

33.89

36.23

32.33

30.14

27.48

30.44

32.51

37.08

30.44

31.60

27.51

NIISR B

31.81

33.97

35.71

38.36

41.58

45.16

48.96

50.92

55.97

60.01

74.90

7.61%

7.43%

—

10.10

NII grth%

17.60

17.82

16.38

15.34

18.13

16.24

18.19

19.12

17.25

15.68

27.49

17.25

17.42

28.87

ROTE%

24.77

27.22

26.68

28.52

26.93

24.72

25.88

25.56

22.90

23.39

6.42

24.72

25.72

28.08

Return on equity%

18.29

15.43

15.09

13.08

13.22

13.17

13.41

16.10

16.12

16.27

25.27

16.10

15.26

10.60

Return on assets%

14.20

16.74

14.27

14.96

16.80

17.99

19.02

17.03

17.36

18.49

7.55

17.99

16.91

2.05

EPSSR

12.66

13.24

15.20

15.93

17.73

18.96

20.08

23.31

23.91

26.11

2.29

8.04%

7.06%

—

19.82

EPS growth%

16.23

17.93

17.92

17.36

14.86

12.73

14.62

12.83

10.29

8.65

25.36

12.73

14.74

4.54

Bookvalue per shSR

4.31

4.61

4.74

4.43

4.17

4.37

3.74

3.88

3.92

3.59

3.82

(2.94%)

(1.43%)

—

6.40

TBV/shSR

7.44

7.39

8.46

8.63

9.38

10.50

12.18

12.73

13.79

15.43

6.91

10.47%

9.16%

—

7.35

Dividend per shSR

2.93

2.88

2.92

3.21

3.42

3.80

3.96

4.29

4.61

5.49

6.16%

4.46%

—

5.98

Div yield (avg)%

2.27

0.40

1.58

4.15

2.20

1.84

0.40

3.01

13.29

0.40

1.71

9.23

Payout ratio%

10.54

9.46

9.97

11.27

13.20

15.84

18.05

15.93

18.54

20.34

11.77

18.05

14.52

6.001

Shares (diluted)B

6.123

5.985

6.066

5.623

5.715

5.730

6.331

5.737

5.978

5.855

5.836

0.48%

(0.11%)

16.15

Buyback yield%

29.49

32.28

34.13

33.66

35.82

35.76

34.83

37.18

36.38

34.73

23.01

35.76

34.78

76.27

Eq/Assets%

89.10

85.35

98.87

97.42

110.46

129.15

140.21

133.35

136.80

132.44

24.03

133.35

119.80

86.08

AssetsSR B

248.5

273.5

306.7

320.3

353.6

390.3

408.3

464.9

487.9

510.4

35.78

7.62%

8.34%

6.943

LT debtSR B

82.61

83.49

79.79

90.51

95.27

101.9

107.1

105.9

116.1

128.5

28.18

6.16%

4.48%

Peers (US$102.3B)

Cap (US$)

The Saudi National Bank

62.18B

9.137x

Riyad Bank

22.17B

7.962x

Saudi Awwal Bank

18.11B

8.396x

State Bank of India

100.1B

10.40x

Capital

TTM

10Y

Tang eq%

51.14

19.80

21.51

LT debt%

8.07

25.17

26.18

Cash%

8.18

9.44

9.46

Sh yield%

22.14

37.58

37.18

Owners

Insiders/Inst%

8.12

73.76

Short interest%

1.89

SBC / revenue%

2.81

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

ROE range%

13–18

$1 testx

0.0

Incr. ROIC%

—

**Al Rajhi Banking and Investment Corporation** provides banking and investment services to individuals and corporates in Saudi Arabia and internationally through Retail, Corporate, Treasury, and Investment Services, Brokerage, and Other segments. It offers savings and current accounts, personal, auto, real estate financing, cards, insurance, cash management, ATMs, mutual funds, share trading, and letters of credit and guarantee.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Total assets

SR 510.4B

8.34%

1.08×

Revenue

SR 82.50B

7.50%

1.00×

Non-interest expense

SR 40.59B

7.69%

1.02×