Bank Albilad operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bank Albilad with three other
companies in this sector in Saudi Arabia:
sales of 6.20 billion Saudi Riyals [US$1.65 billion]
of which 55%
Saudi Investment Bank SJSC
(4.23 billion Saudi Riyals [US$1.13 billion]
of which 30%
was Retail Banking), and
(4.05 billion Saudi Riyals [US$1.08 billion]
of which 31%
was Retail Sector).
Bank Albilad reported sales of 4.20 billion Saudi Riyals (US$1.12 billion)
December of 2018.
increase of 20.3%
versus 2017, when the company's sales were 3.49 billion Saudi Riyals.
Sales at Bank Albilad have increased during each of the previous five years
(and since 2013, sales have increased a total of 107%).
Sales of Investment Banking and Brokerage saw an increase
that was more than double the company's growth rate: sales were up
57.6% in 2018, from
105.61 million Saudi Riyals to 166.48 million Saudi Riyals.
Bank Albilad also saw significant increases in sales in
Treasury (up 37.1% to 339.52 million Saudi Riyals)
Not all segments of Bank Albilad experienced an increase in sales in 2018:
sales of Other fell 26.5% to 73.04 million Saudi Riyals.
(However, this segment's sales were only a very small portion of the company's overall sales).