SNB Capital forecasts SAR 1.70 billion profit for Alinma Bank stock
Published on 10/12/2026 at 09:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- SNB Capital forecasts Alinma Bank net profit of SAR 1.70 billion for the third quarter of 2026, up 7.00 percent.
- Alinma Bank reported SAR 1.60 billion net income and SAR 3.13 billion revenue for the second quarter of 2026.
- The bank is listed on Tadawul under ticker 1150.SR and operates across retail, corporate, treasury and investment banking.
SNB Capital forecast SAR 1.70 billion in Alinma Bank net profit for the third quarter of 2026, a 7.00 percent year-on-year increase, according to Argaam on October 11, 2026. The estimate follows second-quarter revenue of SAR 3.13 billion and net income of SAR 1.60 billion, figures reported for June 2026 by Folivue.
Q3 estimates point to higher profit
The forecast puts Alinma Bank's projected third-quarter profit above the second-quarter result, keeping earnings growth at the center of the stock story. SNB Capital's SAR 1.695 billion estimate and 7.00 percent year-on-year growth point to a higher quarterly result than the SAR 1.595 billion recorded in the second quarter.
A separate October 2026 report from AlJazira Capital forecasts SAR 1.71 billion in Alinma net profit for the third quarter, with 7.40 percent year-on-year growth and 7.20 percent sequential growth. Its report also projects 10.80 percent year-on-year loan growth, giving the earnings estimate an operating driver.
What do the forecasts mean for earnings?
The two estimates cluster between SAR 1.70 billion and SAR 1.71 billion, while the second-quarter base was SAR 1.60 billion. That spread makes the earnings release the next important test of whether loan expansion and profitability can support the forecast growth.
Alinma's second-quarter revenue of SAR 3.13 billion provides the latest reported operating scale. The bank's investor-relations page describes retail banking, corporate banking, treasury, investment and brokerage as its main operating areas, alongside Shariah-compliant banking services, according to Alinma Bank.
Three dated earnings checkpoints
On July 27, 2026, Alinma Bank reported its second-quarter earnings and six-month results, an event listed in the company coverage shown by MarketScreener. On September 27, 2026, Argaam reviewed the views of seven research firms on those results. On October 11, 2026, SNB Capital's forecast placed third-quarter net profit at SAR 1.695 billion, up 7.00 percent year on year.
Tadawul listing and bank profile
Alinma Bank is listed on Tadawul under ticker 1150.SR. Its stated business covers retail and corporate customers, treasury, investment management, brokerage and digital banking, with the latest forecasts centered on third-quarter profitability rather than a change in the bank's operating model.
Alinma Bank key facts
- Company: Alinma Bank
- ISIN: SA122050HV19
- Ticker: 1150.SR
- Primary exchange: Tadawul
- Sector / Industry: Financial Services / Banking
Market context: Latest market reports.
