- Alinma Bank‘s full-year profit is 5.83 billion riyals, surpassing the estimated 5.56 billion riyals.
- Earnings per share (EPS) stand at 2.22 riyals, slightly higher than the estimate of 2.21 riyals.
- Total assets reported at 276.83 billion riyals, which is slightly below the estimated 278.28 billion riyals.
- Total deposits are 210.54 billion riyals, falling short of the estimated 218.32 billion riyals.
- Analyst ratings include 7 buy recommendations and 12 hold recommendations, with no sell recommendations.
A look at Alinma Bank Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts suggest that Alinma Bank, a Shariah law-compliant commercial Islamic bank, has a positive long-term outlook based on its Smartkarma Smart Scores. With strong scores in Value, Growth, Resilience, and Momentum, the bank appears well-positioned for future success. A high score in Value indicates that the company is likely undervalued compared to its intrinsic worth, while high scores in Growth and Resilience suggest potential for sustainable growth and ability to withstand economic fluctuations. Additionally, a solid Momentum score reflects positive market sentiment and upward price trends.
Overall, Alinma Bank‘s Smart Scores paint a promising picture for investors looking at the company’s future prospects. While the Dividend score is moderate, the strong performance across other key factors bodes well for the bank’s continued success in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
