Ubhar Capital forecasts third-quarter profit for Al Rajhi Bank stock

Published on 10/19/2026 at 09:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ubhar Capital estimated SAR 6.92 billion net profit for the third quarter of 2026. Al Rajhi Bank stock has results scheduled for October 19, 2026.

Forecasts frame earnings expectations

Ubhar Capital forecast SAR 6.92 billion in third-quarter net profit on October 14, 2026.
ANB Capital projected SAR 7.13 billion and 12.10 percent year-over-year growth on October 11, 2026.
Al Rajhi Bank stock has third-quarter results scheduled for October 19, 2026.

Al Rajhi Bank, SA0007879113, Illustration mit AI erstellt.

Al Rajhi Bank (ISIN SA0007879113) is heading into its third-quarter results after Ubhar Capital forecast SAR 6.92 billion in net profit on October 14, 2026, according to Argaam. The estimate implies 9.00 percent year-over-year growth and places the bank below the higher forecast published by ANB Capital.

Three forecasts set the range

The sequence of estimates shows a relatively narrow but meaningful earnings range. AlJazira Capital projected SAR 6.826 billion in third-quarter net income in its October 2026 report, a 7.30 percent year-over-year increase and a 2.70 percent quarter-over-quarter decline.

ANB Capital was more constructive. Its October 11, 2026 estimate called for SAR 7.132 billion, up 12.10 percent year over year, while the October 14 Ubhar forecast was SAR 6.920 billion. The difference between the two forecasts is SAR 212.00 million, making credit quality, financing income and operating costs important signals in the result.

What will the third-quarter estimate mean?

The forecasts point to growth that is positive but slower than the bank's second-quarter earnings momentum. Al Rajhi Bank's reported second-quarter net income was SAR 7.012 billion for the period ended June 30, 2026, according to the bank's investor-relations materials and standardized financial statements. Ubhar's estimate is 1.31 percent below that quarterly figure, while ANB's forecast is 1.71 percent above it.

The bank's scale remains central to the calculation. Al Rajhi Bank says its assets total SAR 1,039 billion and its workforce exceeds 24,000 employees. Those figures help explain why small changes in funding costs or impairment charges can materially alter quarterly profit.

Results date sets the next test

Al Rajhi Bank's third-quarter results are scheduled for October 19, 2026, according to Dagensaktie. The release will allow investors to compare the reported number with the SAR 6.826 billion to SAR 7.132 billion forecast range.

Saudi quote stays near yearly low

Al Rajhi Bank stock stood at SAR 61.40 on Tadawul at 10:28 a.m. AST on October 19, 2026. The same market snapshot put its 52-week range at SAR 60.50 to SAR 73.40 and its market capitalization at SAR 368.4 billion, making the current price 1.49 percent above the yearly low and 16.35 percent below the yearly high.