Saudi National Bank SJSC
SAU:1180

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Saudi National Bank SJSC
SAU:1180
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Price: 34.6 SAR -0.29% Market Closed
Market Cap: 205.7B SAR
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Net Margin
Saudi National Bank SJSC

52.2%
Current
49%
Average
22.9%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
52.2%
=
Net Income
19.5B
/
Revenue
37.3B

Net Margin Across Competitors

Country SA
Market Cap 205.7B SAR
Net Margin
52%
Country US
Market Cap 682.5B USD
Net Margin
30%
Country ZA
Market Cap 396.1B Zac
Net Margin
17%
Country ZA
Market Cap 371.2B Zac
Net Margin
19%
Country ZA
Market Cap 368.7B Zac
Net Margin
26%
Country US
Market Cap 341.3B USD
Net Margin
22%
Country CN
Market Cap 2.4T CNY
Net Margin
41%
Country CN
Market Cap 1.8T CNY
Net Margin
36%
Country US
Market Cap 239B USD
Net Margin
21%
Country CN
Market Cap 1.6T CNY
Net Margin
33%
Country CN
Market Cap 1.4T CNY
Net Margin
42%
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Saudi National Bank SJSC
Glance View

Market Cap
205.7B SAR
Industry
Banking

Founded in 1953, the Saudi National Bank SJSC (SNB) stands as the largest financial institution in Saudi Arabia, a testament to the dynamic evolution of the kingdom's banking sector. SNB emerged from the landmark merger of two financial behemoths, the National Commercial Bank (NCB) and Samba Financial Group. This consolidation, reflective of Saudi Arabia’s Vision 2030 agenda, sought to harness synergies for greater economic diversification and growth within the region. With its headquarters nestled in the bustling city of Riyadh, SNB offers a comprehensive suite of financial services that range from personal and corporate banking to investment and treasury services. Underpinning its operations is an unwavering commitment to digital transformation and innovation, ensuring it remains at the forefront of modern banking trends while meeting the evolving needs of its diverse client base. SNB's revenue streams are as multifaceted as its service portfolio. Its core banking operations derive income from interest on loans and advances to its retail and corporate clientele. The bank deftly maneuvers in the financial markets, generating income through its shrewd handling of securities and investment products. Transaction fee income and cross-border remittance services also contribute significantly to its bottom line, capturing the busy flow of money that aligns with Saudi Arabia’s economic ambitions. Additionally, the bank reaps returns from its strategic acquisitions and stakes in both domestic and international entities, positioning itself as a key player in the region's financial landscape. In a move that underscores its pivotal role in the kingdom's economic fabric, SNB continues to refine its offerings, striking a balance between traditional banking practices and cutting-edge financial solutions.

Intrinsic Value
39.41 SAR
Undervaluation 12%
Intrinsic Value
Price

See Also

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What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
52.2%
=
Net Income
19.5B
/
Revenue
37.3B
What is the Net Margin of Saudi National Bank SJSC?

Based on Saudi National Bank SJSC's most recent financial statements, the company has Net Margin of 52.2%.