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 :
Samba Financial Group SJSC
(2020
sales of 11.38 billion Saudi Arabian Riyals [US$3.03 billion]
of which 31%
was Treasury),
Riyad Bank SJSC
(13.64 billion Saudi Arabian Riyals [US$3.64 billion]
of which 32%
was Corporate Banking), and
Al Rajhi Banking & Investment Corporation SJSC
(21.76 billion Saudi Arabian Riyals [US$5.80 billion]
of which 61%
was Retail Banking).
Sales Analysis.
National Commercial Bank SJSC reported sales of 25.49 billion Saudi Arabian Riyals (US$6.80 billion)
for the
year ending
December of 2020.
This
represents
a
decrease of 2.8%
versus 2019, when the company's sales were 26.23 billion Saudi Arabian Riyals.
Contributing to the drop in overall sales was the 6.9% decline
in Corporate, from 4.39 billion Saudi Arabian Riyals to 4.08 billion Saudi Arabian Riyals.
There were also decreases in sales in
Retail (down 0.2% to 10.03 billion Saudi Arabian Riyals)
.
However, these declines were partially offset by the increase in sales of
Treasury (up 17.5% to 4.61 billion Saudi Arabian Riyals)
and
International Finance (up 9.7% to 1.60 billion Saudi Arabian Riyals)
and
Capital Market (up 44.0% to 1.13 billion Saudi Arabian Riyals)
.