Alandalus secures SAR 71.3 million. Saudi Awwal Bank stock is 13.40 percent below high

Published on 10/15/2026 at 12:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saudi Awwal Bank reported SAR 4.42 billion in first-half 2026 net income. Saudi Awwal Bank stock has a SAR 67.5 billion market value.

Financing and earnings calendar

Alandalus secured SAR 71.3 million in financing from Saudi Awwal Bank on October 13, 2026.
First-half 2026 net income reached SAR 4.42 billion on July 21, 2026.
The next scheduled earnings date is October 22, 2026.

Saudi Awwal Bank, SA0007879089, Illustration mit AI erstellt.

Saudi Awwal Bank (ISIN SA0007879089) provided SAR 71.3 million in Shariah-compliant financing to Alandalus Property for a land acquisition on October 13, 2026, according to Argaam. The one-year facility gives the latest company-linked event a direct connection to Saudi real estate activity.

What does the financing change?

The facility supports Alandalus's land purchase and is secured by a promissory note and property mortgage, Argaam reported on October 14, 2026. For Saudi Awwal Bank, the SAR 71.3 million commitment is small beside its SAR 305.8 billion gross customer-loan base for 2025, but it shows the bank's corporate franchise reaching into property development.

Three dates show the earnings path

BorsaTalk Gulf lists three dated milestones: on February 8, 2026, full-year 2025 net income reached SAR 8.45 billion; on July 21, 2026, first-half net income reached SAR 4.42 billion; and on October 13, 2026, the bank provided the SAR 71.3 million Alandalus facility. The first-half result represented 52.26 percent of the full-year 2025 net income figure, creating a clear earnings reference before the next report.

What comes next for earnings?

The next substantiated date is October 22, 2026, when Saudi Awwal Bank is scheduled to report earnings, according to SniperIQ. The same source lists a consensus earnings-per-share estimate of SAR 0.958, giving investors a specific figure to compare with the reported result.

Stock range stays the counterweight

Saudi Awwal Bank stock was trading at SAR 32.84 on Tadawul on October 15, 2026 at 12:53 p.m. AST. The quote implies a SAR 67.5 billion market capitalization, while the 52-week range of SAR 30.20 to SAR 37.92 places the stock 8.74 percent above its low and 13.40 percent below its high. The bank's investor-relations page reports SAR 14.7 billion in fiscal 2025 revenue, SAR 3.81 earnings per share and a 15.0 percent underlying return on tangible equity, according to Saudi Awwal Bank.