Arab National Bank operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Arab National Bank with three other
companies in this sector in Saudi Arabia:
Banque Saudi Fransi SJSC
sales of 8.68 billion Saudi Riyals [US$2.31 billion]
of which 35%
was Corporate Banking),
Saudi British Bank SJSC
(8.48 billion Saudi Riyals [US$2.26 billion]
of which 38%
was Corporate Banking), and
Samba Financial Group SJSC
(9.25 billion Saudi Riyals [US$2.47 billion]
of which 32%
Arab National Bank reported sales of 8.47 billion Saudi Riyals (US$2.26 billion)
December of 2017.
increase of 3.3%
versus 2016, when the company's sales were 8.20 billion Saudi Riyals.
Sales at Arab National Bank have increased during each of the previous five years
(and since 2012, sales have increased a total of 54%).
Sales of Corporate Banking saw an increase
that was more than double the company's growth rate: sales were up
21.7% in 2017, from
2.01 billion Saudi Riyals to 2.44 billion Saudi Riyals.
Arab National Bank also saw significant increases in sales in
Treasury Banking (up 10.1% to 1.14 billion Saudi Riyals)
Not all segments of Arab National Bank experienced an increase in sales in 2017:
sales of Other Banking Services fell 22.6% to 239.25 million Saudi Riyals.
(However, this segment's sales were only a very small portion of the company's overall sales).
Arab National Bank also experienced decreases in sales in
Investment and Brokerage (down 2.8% to 167.67 million Saudi Riyals)