Alawwal Bank operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Alawwal Bank with three other
companies in this sector in Saudi Arabia:
sales of 4.20 billion Saudi Riyals [US$1.12 billion]
of which 45%
was Retail Banking),
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).
During the year ended December of 2018, sales at
Alawwal Bank were 4.68 billion Saudi Riyals (US$1.25 billion).
decrease of 5.4%
versus 2017, when the company's sales were 4.94 billion Saudi Riyals.
Contributing to the drop in overall sales was the 10.0% decline
in Treasury, from 453.54 million Saudi Riyals to 408.14 million Saudi Riyals.
There were also decreases in sales in
Corporate Banking (down 0.6% to 1.68 billion Saudi Riyals)
Consumer Banking (down 6.7% to 1.43 billion Saudi Riyals)
However, these declines were partially offset by the increase in sales of
Investment Banking and Investment Services (up 21.5% to 53.83 million Saudi Riyals)