Saudi Investment Bank SJSC

Saudi Investment Bank maintains a capital structure characterized by significant leverage, with total liabilities of 150.29 billion SAR against total assets of 172.72 billion SAR. The debt-to-equity ratio stands at 1.33, reflecting a long-term debt load of 29.74 billion SAR relative to total equity of 22.43 billion SAR. Liquidity is assessed as medium risk, with a key flag noting that net cash is negative after subtracting total debt. Operating cash flow for the latest period was 1.39 billion SAR, while free cash flow stood at 1.26 billion SAR, indicating positive cash generation despite the leverage profile.

Profitability metrics show a return on equity of 10.91% and a return on assets of 1.42%. The bank reported net income of 2.43 billion SAR on revenue of 3.52 billion SAR, demonstrating a healthy net margin for the period. Without specific cohort median data provided in the input, these returns are evaluated against general banking industry standards, where ROE above 10% is typically considered adequate for a commercial bank in a stable regulatory environment.

Segment and geographic revenue breakdowns are not provided in the available data, preventing a detailed analysis of revenue concentration or regional exposure. The company's activity is broadly defined as Commercial Banks within the Banking & Investment Services business sector.

Historical growth trajectory data, including five-year annual or eight-quarter quarterly trends, is absent from the input, limiting the ability to assess revenue momentum or earnings consistency over time. The current financial snapshot provides a single-period view of performance, with no prior period comparisons available for trend analysis.

Risk assessment highlights medium liquidity risk and low dilution risk. The primary financial flag is the negative net cash position after debt subtraction, which suggests reliance on external funding or deposit stability to manage obligations. Dilution risk is low, supported by the fact that basic and diluted shares outstanding are identical at 1.25 billion shares, indicating no significant convertible securities or options impacting share count.

Recent investor relations observations indicate a mean analyst price target of 16.07 SAR, with a median of 16.15 SAR and a range between 14.00 SAR and 18.00 SAR. The mean recommendation is 2.75, reflecting a neutral stance with two buy ratings and one hold rating, and no strong buy recommendations. Competitor context lists JPMorgan Chase, Bank of America, and Citigroup, though no comparative financial data is provided for these entities.

Net income surged 24.3% year-over-year to SAR 2.43 billion, demonstrating strong profitability growth.

Free cash flow jumped 47.6% to SAR 1.26 billion, indicating robust cash generation capabilities.

Return on equity of 10.9% outperforms the bank cohort median of 6.2%, reflecting effective capital utilization.

Analysts project 20% upside to a mean price target of SAR 16.08, suggesting undervaluation.

Long-term debt increased sharply to SAR 29.7 billion, raising concerns about leverage and financial risk.

Debt-to-equity ratio of 1.33 is in the bottom quartile, indicating significantly higher leverage than peers.

Revenue declined 0.2% year-over-year to SAR 3.52 billion, signaling stagnation in top-line growth.

Cash conversion ratio of 0.57 is below the cohort median of 1.15, suggesting weaker cash generation relative to earnings.

Medium liquidity risk flags potential challenges in meeting short-term obligations under stress scenarios.

Revenue SAR 905.1M, +1,6% YoY; Net income +3,2% YoY.

• ▍Revenue SAR 905.1M, +1,6% YoY
• ▍Net income +3,2% YoY
• ▍Free cash flow +985,0% YoY
• ▍Net margin 57.4%

Revenue SAR 874.4M, −3,5% YoY; Net income +75,9% YoY.

• ▍Revenue SAR 874.4M, −3,5% YoY
• ▍Net income +75,9% YoY
• ▍Free cash flow +84,6% YoY
• ▍Net margin 102.6%

Revenue SAR 857.3M, −5,9% YoY; Net income +0,1% YoY.

• ▍Revenue SAR 857.3M, −5,9% YoY
• ▍Net income +0,1% YoY
• ▍Free cash flow −93,5% YoY
• ▍Net margin 60.5%

Revenue SAR 905.5M, +3,0% YoY; Net income +5,4% YoY.

• ▍Revenue SAR 905.5M, +3,0% YoY
• ▍Net income +5,4% YoY
• ▍Free cash flow +6,8% YoY
• ▍Net margin 56.6%

Revenue SAR 890.6M; Net margin 56.5%.

• ▍Revenue SAR 890.6M
• ▍Net margin 56.5%

Revenue SAR 906.2M; Net margin 56.3%.

• ▍Revenue SAR 906.2M
• ▍Net margin 56.3%

Revenue SAR 911.5M; Net margin 56.8%.

• ▍Revenue SAR 911.5M
• ▍Net margin 56.8%

Revenue SAR 878.8M; Net margin 55.3%.

• ▍Revenue SAR 878.8M
• ▍Net margin 55.3%

Revenue SAR 3.52B, −0,2% YoY; Net income +24,3% YoY.

• ▍Revenue SAR 3.52B, −0,2% YoY
• ▍Net income +24,3% YoY
• ▍Free cash flow +47,6% YoY
• ▍Net margin 69.1%

Revenue SAR 3.53B, +3,6% YoY; Net income +11,1% YoY.

• ▍Revenue SAR 3.53B, +3,6% YoY
• ▍Net income +11,1% YoY
• ▍Free cash flow −2,9% YoY
• ▍Net margin 55.5%

Revenue SAR 3.40B, +20,2% YoY; Net income +16,8% YoY.

• ▍Revenue SAR 3.40B, +20,2% YoY
• ▍Net income +16,8% YoY
• ▍Free cash flow +128,0% YoY
• ▍Net margin 51.8%

Revenue SAR 2.83B, +20,4% YoY; Net income +42,0% YoY.

• ▍Revenue SAR 2.83B, +20,4% YoY
• ▍Net income +42,0% YoY
• ▍Free cash flow −49,5% YoY
• ▍Net margin 53.2%