Bank Albilad

Saudi Stock Exchange 1140.SR

Bank Albilad Net Income for the year ending December 31, 2023: USD 630.75 M

Bank Albilad Net Income is USD 630.75 M for the year ending December 31, 2023, a 14.05% change year over year. Net income is the total profit earned by a company after deducting all expenses, including taxes and non-controlling interest.
  • Bank Albilad Net Income for the year ending December 31, 2022 was USD 553.06 M, a 23.29% change year over year.
  • Bank Albilad Net Income for the year ending December 31, 2021 was USD 448.59 M, a 24.99% change year over year.
  • Bank Albilad Net Income for the year ending December 31, 2020 was USD 358.89 M, a 8.41% change year over year.
  • Bank Albilad Net Income for the year ending December 31, 2019 was USD 331.05 M, a 11.99% change year over year.
Key data
Date Net Income EPS (Diluted) Shares (Diluted, Weighted) Net Income Margin
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Saudi Stock Exchange: 1140.SR

Bank Albilad

CEO Mr. Abdulaziz Bin Mohammed Bin Ali Al Onaizan
IPO Date March 4, 2010
Location Saudi Arabia
Headquarters P.O. Box 140
Employees 3,787
Sector Finance
Industries
Description

Bank Albilad provides various banking products and services in the Kingdom of Saudi Arabia. The company operates through Retail Banking, Corporate Banking, Treasury, and Investment Banking and Brokerage segments. It offers current, savings, albilad, tamayuz, corporate, and SME current accounts; personal financing products, such as shares financing, top-up financing, refinancing, buyout programs, and finance against mortgage; real estate financing products, including self-building financing, subsidized home financing, off-plan financing, and decreasing flexible mortgage for military personnel; auto financing and leasing products; corporate financing solutions, which include working capital, asset, and contract financing; mudaraba overdrafts; and structured finance products. The company also provides cash management solutions; trade finance products comprises letter of guarantee, letter of credit, documentary collection, and creation of musharakah contracts; treasury services consisting of direct investment and foreign exchange services; SME financing solutions; SME programs, such as custom clearance, hajj and omrah, POS financing, franchise, and payroll financing programs; point of sale services; e-commerce platform; remittances; investment management and asset management; money market; and payroll services and wage protection systems. In addition, it offers credit, debit, and prepaid cards; and internet banking services. The company operates through a network of 106 banking branches and 168 exchange and remittance centers. Bank Albilad was founded in 2004 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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StockViz Staff

January 15, 2025

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