Riyad Bank stock gains 0.76 percent as PMI reaches 55.3
Published on 10/07/2026 at 10:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRiyad Bank (ISIN SA0007879048) was trading at SAR 19.86 on Tadawul on October 7, 2026, up 0.76 percent during the session. The bank's latest business indicator also improved, with the Riyad Bank PMI reaching 55.3 in September from 53.8 in August, according to Arab News on October 7, 2026.
PMI signals stronger activity
The September reading marked the strongest improvement in Saudi non-oil private-sector conditions since February. New orders also increased at their fastest rate since February, giving Riyad Bank's economic indicator a stronger operating backdrop than the August reading.
The PMI remained above the 50 threshold that separates expansion from contraction. For investors, the move from 53.8 to 55.3 is a concrete sign of improving demand conditions, although the index describes the wider Saudi non-oil economy rather than Riyad Bank's own quarterly earnings.
Q2 earnings beat EPS estimate
Riyad Bank's Q2 FY26 figures provide the latest reported company data. Yahoo Finance lists revenue of SAR 4.74 billion and earnings of SAR 2.65 billion for the quarter, with the release dated July 20, 2026.
GAAP EPS came in at SAR 0.62 against a SAR 0.61 consensus estimate, a 1.64 percent beat. That comparison is modest, but it gives the stock a clearer earnings anchor than the PMI alone and keeps the focus on delivered results rather than forecasts.
Analysts see upside to SAR 25.26
The analyst consensus remains Buy, based on 16 analysts, with 12 Buy ratings, 4 Hold ratings and 0 Sell ratings. Investing.com reports an average 12-month price target of SAR 25.26. That target lies 27.19 percent above the October 7 price of SAR 19.86.
The market is pricing Riyad Bank at SAR 79.1 billion in market capitalization. Its 52-week range is SAR 18.98 to SAR 23.92, placing the October 7 price 16.97 percent below the upper end of that range.
Riyad Bank stock gains in Tadawul trading
Riyad Bank stock was last at SAR 19.86 on Tadawul at 11:04 a.m. AST on October 7, 2026. Trading volume was 399,389 shares, while the session range stood at SAR 19.70 to SAR 19.87.
Riyad Bank stock facts
- Company: Riyad Bank
- ISIN: SA0007879048
- Ticker: 1010.SR
- Trading venue: Tadawul
- Price (as of October 7, 2026, 11:04 a.m. AST): SAR 19.86
- Market capitalization: SAR 79.1 billion (as of October 7, 2026)
- 52-week range: SAR 18.98-SAR 23.92 (as of October 7, 2026)
- Sector / Industry: Financials / Bank
