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Al Rajhi Banking and Investment Corporation(RJHI AB)

$59.80-0.400.66%(Market Closed · 12:18:43 UTC · (15 min delay))

Overview

ProfileEntity Structure

Financials & Metrics

FinancialsChartingEmployees
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RJHI AB​

Al Rajhi Banking and Investment Corporation — Company Profile

Al Rajhi Banking and Investment Corporation, along with its various affiliates, delivers a comprehensive array of banking and investment solutions, catering to clients both within the Kingdom of Saudi Arabia and globally. Its operations are structured across four key divisions: Retail, Corporate, Treasury, and Investment Services & Brokerage. The institution provides diverse account types, encompassing personal options for current, future, affluent, private, and female clients, as well as business and escrow accounts. Financial services include personal, vehicle (auto, car, fleet), home, and real estate financing, alongside payroll, POS merchant, contract, invoice, and working capital facilities. It also issues credit and debit cards. Additionally, Al Rajhi offers a broad spectrum of insurance products, such as personal accident, medical, staff guarantee, marine cargo, engineering, machine breakdown, property, vehicle, and professional indemnity. For trade and liquidity management, it offers documentary collections, letters of credit and guarantee, supply chain finance, e-trade solutions, automated trade notifications, and sophisticated cash management services. A specialized offering, Ijara Mawsufha Fi Al Dhimmah, is available for financing substantial project endeavors. Its treasury department deals in direct investments, banknotes, foreign exchange, and gold trading. Beyond core banking, the corporation extends into real estate and engineering consulting, recruitment, micro consumer financing, finance leasing, and funding for small and medium-sized enterprises. It also engages in technical services related to finance, digital payment systems, and financial settlements. Customers benefit from convenient digital access through phone and online banking platforms, along with other digital services. A substantial physical infrastructure supports its operations, comprising 521 branches and 4,891 ATMs. Established in 1957, the firm's headquarters are located in Riyadh, Saudi Arabia.

Sector
Financials
Industry
Capital Markets
Exchange
AB
CEO
Waleed Bin Abdullah Ali Al-Mogbel
Headquarters
Riyadh, RI, SA
IPO Date
Mar 3, 2010
Employees
24,712
Website
www.alrajhibank.com.sa

Key Metrics

Price
$63.10
Market Cap
$378.60B
Revenue (TTM)
$10.53B
Net Income (TTM)
$6.75B
EPS (TTM)
1.06
P/E (TTM)
15.02
P/B (TTM)
2.48
Dividend Yield
2.33%
ROE (TTM)
4.42%
ROA (TTM)
0.64%
Operating Margin
70.67%
Beta
-0.04

Dividends

Last Dividend
$1.75
Last Yield
0.02%

Summary

Al Rajhi Banking and Investment Corporation, along with its various affiliates, delivers a comprehensive array of banking and investment solutions, catering to clients both within the Kingdom of Saudi Arabia and globally. Its operations are structured across four key divisions: Retail, Corporate, Treasury, and Investment Services & Brokerage. The institution provides diverse account types, encompassing personal options for current, future, affluent, private, and female clients, as well as business and escrow accounts. Financial services include personal, vehicle (auto, car, fleet), home, and real estate financing, alongside payroll, POS merchant, contract, invoice, and working capital facilities. It also issues credit and debit cards. Additionally, Al Rajhi offers a broad spectrum of insurance products, such as personal accident, medical, staff guarantee, marine cargo, engineering, machine breakdown, property, vehicle, and professional indemnity. For trade and liquidity management, it offers documentary collections, letters of credit and guarantee, supply chain finance, e-trade solutions, automated trade notifications, and sophisticated cash management services. A specialized offering, Ijara Mawsufha Fi Al Dhimmah, is available for financing substantial project endeavors. Its treasury department deals in direct investments, banknotes, foreign exchange, and gold trading. Beyond core banking, the corporation extends into real estate and engineering consulting, recruitment, micro consumer financing, finance leasing, and funding for small and medium-sized enterprises. It also engages in technical services related to finance, digital payment systems, and financial settlements. Customers benefit from convenient digital access through phone and online banking platforms, along with other digital services. A substantial physical infrastructure supports its operations, comprising 521 branches and 4,891 ATMs. Established in 1957, the firm's headquarters are located in Riyadh, Saudi Arabia.

Website
www.alrajhibank.com.sa
Location
Riyadh, RI, SA
Phone966 92000 3344
Employees24,712
CEOWaleed Bin Abdullah Ali Al-Mogbel
Sector
Financials
Industry
Capital Markets
IPO DateMar 3, 2010

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Key Stats

Trading

Px/Chg 1D$63.10 / -1.48%
Prev Close$67.80
% of 52Wk H89.54%
Avg Volume5.86M
Beta-0.04
Mkt Cap378.60B
FD Mkt Cap404.70B

Float

Shrs Out/Float6.00B / 5.87B
Short Float0.00%
Days to Cover0.00
Stock Repurchased$0.00

Current Valuation

EV500.40B
EV/EBITDA16.29
EV/Sales10.22
P/B2.48
P/S7.73
FCF Yield0.66%
ROE4.42%
ROA0.64%
Current Ratio0.00

Dividend

Cash$1.75
Yield2.33%
Yield (TTM)2.33%

Estimates

P/E15.02
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24Mar '25Mar '26Oct '26
PRICE-BASED RATIOS
Price / Earnings27.7411.4313.3313.7944.0956.07
Price / Sales14.856.868.088.5214.8435.96
Price / Book Value2.141.962.082.211.972.48
Price / Free Cash Flow40.7042.899.335.55-6.64152.36
ENTERPRISE VALUE METRICS
Enterprise Value258,066.2128,412.8173,825.8207,641.5280,052.9500,398.0
Enterprise Value / Sales15.934.506.346.5114.7947.53
Enterprise Value / EBITDA23.006.288.640.0036.2963.81
Enterprise Value / EBIT3.606.729.38-104.7739.4267.26

Financials

Full Financials
Millions SAR5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue29.4%25,636.928,553.527,433.731,912.771,821.4
Gross Income14.1%25,636.928,553.527,433.731,912.743,451.6
EBITDA14.3%17,534.720,452.820,107.3-29,876.7
EBIT13.7%16,444.819,122.718,529.3-1,981.927,528.6
Net Income13.9%14,746.217,150.816,621.219,722.224,791.8
EPS (Diluted)12.2%3.694.243.954.675.85
BALANCE SHEET
Cash & ST Inv5.1%66,803.568,310.352,198.273,400.981,498.3
Total Assets13.7%623,644.6761,618.9808,098.3974,386.71,043,268.3
Total Liabilities12.8%556,363.1661,393.9701,338.8851,247.4900,356.0
Total Shareholder Equity20.7%67,281.6100,225.0106,759.4123,032.8142,762.0
CASH FLOW
Net Operating Cash Flow—23,855.47,376.827,422.752,588.8-22,373.1
Cap Ex10.2%-2,386.5-2,806.6-3,660.9-3,557.1-3,523.4
Free Cash Flow—21,468.94,570.223,761.849,031.7-25,896.5

Enterprise Value Bridge

Millions SAR22 Oct '26
Price (As of 22 Oct '26)59.75
Basic Shares6,000.00
Market Cap358,500.0
Diluted Shares6,000.17
Fully Diluted Shares Outstanding6,000.17
Fully Diluted Market Cap358,510.1
+Consolidated Debt184,321.0
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-62,523.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value480,298.0

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