ANB Capital forecasts Saudi National Bank profit. What it means for SNB stock

Published on 10/12/2026 at 10:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

ANB Capital sees SNB profit up 3.50 percent to SAR 6.70 billion in Q3 2026. Analysts set SAR 48.95 average target for SNB stock.

Key points in brief

ANB Capital forecast Saudi National Bank net profit growth of 3.50 percent in the third quarter of 2026.
GIB Capital forecast third-quarter net profit of SAR 6.51 billion, up 0.60 percent year over year.
Saudi National Bank stock traded at SAR 37.48 on Tadawul on October 12, 2026, with a SAR 36.00 to SAR 45.24 52-week range.
Quarterly results are scheduled for October 20, 2026.

SNB, SA13L050IE10, Illustration mit AI erstellt.

The Saudi National Bank (ISIN SA13L050IE10) was trading at SAR 37.48 on Tadawul on October 12, 2026, while ANB Capital forecast net profit growth of 3.50 percent to SAR 6.70 billion for the third quarter. Argaam published the forecast on October 11, 2026, giving Saudi National Bank stock a current earnings benchmark.

Forecasts point to steady profit

ANB Capital's estimate implies a 3.50 percent year-over-year increase, with the projected result rounded from SAR 6,697.1 million. The forecast puts the bank's expected quarterly profit above the SAR 6.61 billion net income reported for the quarter ended June 30, 2026, as listed by TickerLandia.

A second estimate from GIB Capital was lower at SAR 6.51 billion, but still represented 0.60 percent year-over-year growth. Argaam reported that estimate on October 11, 2026, creating a SAR 0.19 billion spread between the two published forecasts.

What does the earnings range mean?

The forecasts place the next quarterly result near the recent earnings base rather than signaling a sharp change in profitability. Saudi National Bank reported SAR 6.61 billion of net income for the second quarter of 2026, while quarterly revenue was SAR 10.58 billion and earnings per share were SAR 1.07, according to TickerLandia.

Three dated earnings markers

On June 30, 2026, the bank's second-quarter net income was SAR 6.61 billion. On October 11, 2026, ANB Capital forecast SAR 6.70 billion for the third quarter, followed by GIB Capital's SAR 6.51 billion estimate on the same date.

Upcoming reporting dates

TradingView lists October 20, 2026 as the next reporting date and October 25, 2026 at 7:00 a.m. as the next earnings call. The two dates give the forecast range a defined near-term test.

Stock valuation and trading level

Saudi National Bank stock was trading at SAR 37.48 on Tadawul at 10:48 a.m. AST on October 12, 2026. The finance-sector bank had a market capitalization of SAR 222.4 billion, while its 52-week range was SAR 36.00 to SAR 45.24.

According to TradingView, the company trades under ticker 1180 on the Saudi Exchange and operates in financials and major banks. The earnings estimates therefore matter chiefly as a test of whether the bank can maintain its SAR 6.61 billion quarterly profit base.