SNB stock: Saudi National Bank reports SAR 6.45 billion profit

Published on 10/21/2026 at 15:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine-month profit rose 4.50 percent. Saudi National Bank stock stood at SAR 36.48 on October 21, 2026, down 0.16 percent.

Results, valuation and price

Saudi National Bank reported SAR 6.45 billion net income for the third quarter of 2026 on October 21, 2026.
Nine-month 2026 profit reached SAR 19.47 billion, up 4.50 percent year over year.
Saudi National Bank stock stood at SAR 36.48 on Tadawul on October 21, 2026, down 0.16 percent from SAR 36.54.

SNB, SA13L050IE10, Illustration mit AI erstellt.

Saudi National Bank (ISIN SA13L050IE10) reported third-quarter 2026 net income of SAR 6.45 billion on October 21, 2026, 2.10 percent above analyst expectations, according to Investing.com. The result was 2.00 percent below the previous quarter and broadly unchanged from the third quarter of 2025. The stock last traded at SAR 36.48 on October 21, 2026 at 3:18 p.m. AST on Tadawul, down 0.16 percent from SAR 36.54.

Profit growth came from nine months

For the nine months ended September 30, 2026, net profit reached SAR 19.47 billion, compared with SAR 18.62 billion a year earlier, an increase of 4.50 percent. Earnings per share rose to SAR 3.13 from SAR 2.99, according to Maal.

Quarterly quality was mixed. Net special commission income increased 10.00 percent year over year to SAR 8.05 billion, while non-funded income fell 18.00 percent year over year. Provisions rose 40.00 percent year over year to SAR 323.00 million, although they were 28.00 percent below consensus, according to Investing.com.

Stock remains below its yearly high

At SAR 36.48, the stock was 19.37 percent below its 52-week high of SAR 45.24 and 1.33 percent above its low of SAR 36.00 on October 21, 2026. Trading volume reached 6,889,358 shares, while the year-to-date performance was minus 3.54 percent in the latest market figures.

Valuation and shareholder return

The bank had a market capitalization of SAR 216.5 billion and a price-to-earnings ratio of 8.46 as of October 21, 2026. Argaam lists an 11.50 percent cash dividend recommendation for the first half of 2026, announced on July 21, 2026, and reports that second-quarter 2026 profit was SAR 6.61 billion.

Price position for investors

The combination of 4.50 percent nine-month profit growth and a 0.29 percent year-over-year decline in third-quarter profit points to a stronger cumulative result than the latest quarter alone. The market price remains close to its 52-week low, keeping the current valuation and the bank's funding mix central to the stock assessment.

Current Tadawul position

Saudi National Bank stock last traded at SAR 36.48 on Tadawul on October 21, 2026 at 3:18 p.m. AST, down 0.16 percent versus the prior close of SAR 36.54.