Tadawul approves SNB Capital market making for The Saudi National Bank stock

Published on 10/16/2026 at 10:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tadawul approved SNB Capital market making on October 5, 2026, with an 80% order-book rule. The Saudi National Bank stock faces Q3 results on October 20, 2026.

Capital and earnings dates

SNB Capital market making began on October 5, 2026, under an 80% order-book presence rule.
Second-quarter 2026 net income reached SAR 6.61 billion for The Saudi National Bank.
The Saudi National Bank is scheduled to report third-quarter 2026 results on October 20, 2026.

SNB, SA13L050IE10, Illustration mit AI erstellt.

The Saudi National Bank (ISIN SA13L050IE10) is heading toward third-quarter results after Tadawul approved SNB Capital's market-making activities on October 5, 2026. Argaam reported that the program covers Almarai, Al Rajhi Bank and SABIC, with an 80% minimum order-book presence and a maximum spread of 0.65%.

Three dates define the setup

On September 19, 2026, Argaam listed Saudi National Bank's USD 1 billion Tier 1 bond at a 6.50% annual return. The financing was part of SAR 34.50 billion in announced Saudi bank sukuk and bond issuance during 2026, while SNB accounted for 10.87% of the total.

On October 5, 2026, the market-making rules became effective. The minimum order size for Al Rajhi Bank and SABIC was SAR 250,000, while the minimum for Almarai was SAR 75,000, giving the operating framework a defined scale.

On October 11, 2026, Argaam reported ANB Capital's forecast for SNB's third-quarter net profit: SAR 6.6971 billion, up 3.5% year over year. The estimate is the clearest near-term test for the bank after its second-quarter performance.

What does earnings mean for margins?

The Saudi National Bank reported SAR 10.58 billion in revenue and SAR 6.61 billion in net income for the quarter ended June 30, 2026, according to TickerLandia. The earnings forecast would put third-quarter profit SAR 0.0871 billion above the second-quarter figure, a 1.32% increase based on those reported values. The comparison keeps attention on profit delivery rather than the market-making announcement alone.

When are the next results?

The next scheduled event is third-quarter 2026 results on October 20, 2026, as listed by TickerLandia. For investors, that date will connect the SAR 6.6971 billion forecast with the bank's reported earnings trajectory.

Saudi stock valuation remains measurable

The Saudi National Bank stood at SAR 37.10 on Tadawul on October 16, 2026 at 10:15 a.m. AST. Its market capitalization was SAR 220.2 billion, and its 52-week range was SAR 36.00 to SAR 45.24, according to the same dated market page. The price was 3.06% above the 52-week low, calculated from SAR 37.10 and SAR 36.00.