ANB Capital forecasts SAR 7.1321 billion for Al Rajhi Bank stock

Published on 10/20/2026 at 09:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Value Capital projects SAR 7.2306 billion for third-quarter 2026 profit. ANB Capital forecasts SAR 7.1321 billion for Al Rajhi Bank stock, up 12.10 percent.

Forecasts point to rising profit

ANB Capital projected SAR 7.1321 billion in third-quarter profit on October 11, 2026.
Value Capital forecast SAR 7.2306 billion and 14.00 percent growth for the same period on October 7, 2026.
Al Rajhi Bank stock traded at SAR 60.20 on October 20, 2026, within a SAR 60.15 to SAR 73.40 52-week range.
MarketScreener listed an average target of SAR 73.81 from 18 analysts on October 13, 2026.

Al Rajhi Bank, SA0007879113, Illustration mit AI erstellt.

Al Rajhi Bank (ISIN SA0007879113) is heading into its third-quarter earnings window with ANB Capital forecasting SAR 7.1321 billion in net profit, up 12.10 percent year over year, in an October 11, 2026 estimate published by Argaam. The forecast gives investors a concrete benchmark for the bank's next earnings update.

Three dates frame the forecast

On October 1, 2026, Al Rajhi Bank subsidiary Atmal opened a headquarters in Qassim. The company said Atmal employed more than 4,000 people in the region and aimed to exceed 6,000 jobs by 2030, according to Al Rajhi Bank.

Value Capital followed on October 7, 2026, projecting SAR 7.2306 billion in third-quarter profit, a 14.00 percent year-over-year increase, in an estimate carried by Argaam. Its estimate was SAR 98.5 million above the ANB Capital forecast published four days later.

What does the spread mean for profit?

The two forecasts point in the same direction but leave a measurable SAR 98.5 million gap between their profit estimates. That difference makes the reported result more important than the headline growth rate, because the outcome will show whether earnings land near SAR 7.1321 billion or SAR 7.2306 billion.

MarketScreener reported on October 13, 2026 that 18 analysts had an average target of SAR 73.81 for Al Rajhi Bank, alongside an Outperform consensus. The target stood SAR 13.61 above the latest quoted price of SAR 60.20, a gap of 22.61 percent calculated against the price, according to MarketScreener. The estimate is a market reference, not a guarantee of the eventual result.

Stock remains near its yearly low

Al Rajhi Bank was trading at SAR 60.20 on Tadawul on October 20, 2026 at 9:16 a.m. CEST. The quote was inside the SAR 60.15 to SAR 73.40 52-week range, placing the stock SAR 0.05 above its yearly low and leaving the earnings figure as the next major company-specific test.