Arab National Bank funds SAR 40 million facility before Arab National Bank stock results
Published on 10/16/2026 at 10:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFinancing and earnings timetable
- Anmat signed a SAR 40 million credit agreement with Arab National Bank on October 13, 2026.
- Second-quarter 2026 net income reached SAR 1.42 billion and earnings per share were SAR 0.71.
- Arab National Bank stock had a SAR 24.98 average target and results were scheduled for October 20, 2026.
Arab National Bank (SA0007879105) provided a SAR 40 million Shariah-compliant credit facility to Anmat Technology for Trading, with the agreement signed on October 13, 2026. Argaam reported on October 14 that the financing will support working capital, existing projects and future contracts.
Three developments shape the bank
On July 29, 2026, Arab National Bank reported second-quarter net income of SAR 1.42 billion and earnings per share of SAR 0.71, according to the bank results summarized by Argaam. On September 3, Arab National Bank completed a USD 750 million perpetual additional tier 1 sukuk issue with a 6.50 percent profit rate, a transaction described by TradingView on October 1.
What does the facility add?
The October 13 agreement adds SAR 40 million of financing exposure linked to Anmat projects and contracts. The facility also covers letters of credit and bank guarantees, while its term depends on the type of financing used. The arrangement is secured by a promissory note and assigned receivables from government projects, according to Argaam.
Results date and valuation
The next scheduled reporting date is October 20, 2026, according to Investing.com. Its page lists a SAR 24.98 average 12-month price target from 10 analysts and a SAR 19.60 to SAR 25.96 52-week range. That target implies a valuation reference above the latest Tadawul quote, but the target is an external assessment rather than company guidance.
Banking platform and market level
Arab National Bank describes itself as a Saudi listed joint stock company headquartered in Riyadh, with retail banking, corporate banking, treasury and investment services. Its investor-relations page says the bank was established in 1979 and operates branches in Saudi Arabia and the United Kingdom.
On Tadawul, Arab National Bank was last quoted at SAR 21.23 on October 15, 2026. The bank's market capitalization was SAR 42.5 billion on the same dated market page, placing the quote within the stated 52-week range.
Arab National Bank stock facts
- Company: Arab National Bank SJSC
- ISIN: SA0007879105
- Ticker: 1080
- Primary exchange: Tadawul
- Primary currency: SAR
- Market capitalization: SAR 42.5 billion (as of October 15, 2026)
- 52-week range: SAR 19.60 to SAR 25.96 (as of October 15, 2026)
- Sector / Industry: Financial Services / Banks - Regional
- Next earnings date: October 20, 2026
Market context: Latest market reports.
