National Commercial Bank SJSC operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares National Commercial Bank SJSC with three other
companies in this sector in Saudi Arabia:
Al Rajhi Banking & Investment Corporation SJSC
sales of 18.62 billion Saudi Riyals [US$4.97 billion]
of which 65%
was Retail Banking),
Riyad Bank SJSC
(11.31 billion Saudi Riyals [US$3.02 billion]
of which 31%
was Corporate Banking), and
Samba Financial Group SJSC
(9.74 billion Saudi Riyals [US$2.60 billion]
of which 32%
National Commercial Bank SJSC reported sales of 23.90 billion Saudi Riyals (US$6.37 billion)
December of 2018.
increase of 4.5%
versus 2017, when the company's sales were 22.88 billion Saudi Riyals.
Sales of Retail saw an increase
that was more than double the company's growth rate: sales were up
45.0% in 2018, from
6.15 billion Saudi Riyals to 8.92 billion Saudi Riyals.
National Commercial Bank SJSC also saw significant increases in sales in
Treasury (up 27.1% to 3.87 billion Saudi Riyals)
Capital Market (up 13.3% to 720.17 million Saudi Riyals)
Not all segments of National Commercial Bank SJSC experienced an increase in sales in 2018:
sales of Corporate fell 42.9% to 3.89 billion Saudi Riyals.
National Commercial Bank SJSC also experienced decreases in sales in
International Finance (down 10.4% to 1.53 billion Saudi Riyals)