Banque Saudi Fransi signs third mortgage deal: what it means for Banque Saudi Fransi stock

Published on 10/13/2026 at 09:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half profit reached SAR 2.87 billion, up 4.64 percent. October 25 results will test Banque Saudi Fransi stock after its third SRC purchase.

Banque Saudi Fransi signed a third residential mortgage portfolio deal with Saudi Real Estate Refinance Co. on October 6, 2026.
First-half 2026 profit reached SAR 2.87 billion, up 4.64 percent year over year.
Market capitalization stood at SAR 49.0 billion on October 12, 2026, with a 52-week range of SAR 15.49 to SAR 22.50.
Third-quarter results are scheduled for October 25, 2026.

Banque Saudi Fransi, SA0007879782, Illustration mit AI erstellt.

Banque Saudi Fransi signed its third residential mortgage portfolio deal with Saudi Real Estate Refinance Co. on October 6, 2026, according to Arab News. The agreement adds another transaction to the bank's residential mortgage relationship with the Public Investment Fund-backed refinancing company.

Three dated profit milestones

On June 30, 2026, Banque Saudi Fransi reported second-quarter net profit of SAR 1.49 billion, up 5.98 percent from the prior-year quarter, according to BorsaTalk.

For the first half of 2026, net profit reached SAR 2.87 billion, an increase of 4.64 percent from the first half of 2025, the same BorsaTalk data show. The sequence points to continued earnings growth, although the comparison is measured against a stronger prior-year base than the latest quarterly gain.

On October 6, 2026, the bank reached its third mortgage portfolio agreement with SRC, making the transaction the latest operating milestone in this chronology, as Arab News reported.

What the deal means for mortgage growth

The agreement is designed to transfer residential mortgage exposure into the refinancing market and provide liquidity to financing entities. That structure can support Banque Saudi Fransi's housing-finance activity while shifting attention from individual loan production toward repeatable portfolio transactions.

The operating backdrop is still earnings-led. The bank's first-half profit growth of 4.64 percent was slower than the 5.98 percent year-over-year increase recorded for the second quarter, so the October results will show whether the quarterly pace carried into the third quarter.

October 25 results set the next test

Banque Saudi Fransi's third-quarter 2026 results are scheduled for October 25, 2026, according to MarketScreener. That date gives the mortgage agreement a near-term earnings checkpoint, with net profit and financing trends likely to provide the clearest numerical test of the bank's momentum.

Market value and bank scale

Banque Saudi Fransi had a market capitalization of SAR 49.0 billion on October 12, 2026. Its 52-week range was SAR 15.49 to SAR 22.50, placing the latest reported market context between the year's low and high without using a foreign-currency conversion.