Saudi Awwal Bank stock reports SAR 2.331 billion Q2 profit

Published on 10/08/2026 at 09:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saudi Awwal Bank stock was trading at SAR 34.22 on October 8, 2026, while analysts set a Buy consensus. The average target is SAR 41.03.

Saudi Awwal Bank, SA0007879089, Illustration mit AI erstellt.

Saudi Awwal Bank (ISIN SA0007879089) reported Q2 2026 net income of SAR 2.331 billion and earnings per share of SAR 1.02. The stock was trading at SAR 34.22 on Tadawul on October 8, 2026, down 0.35 percent from the prior close of SAR 34.34.

Q2 earnings set the baseline

The latest quarter ended June 30, 2026, and the net income figure was carried by Investing.com as the bank's latest quarterly result. The same page lists EPS of SAR 1.02 against a forecast of SAR 0.93, making the earnings-per-share comparison the clearest near-term performance marker.

Saudi Awwal's 2025 annual report materials on its investor-relations page show revenue of SAR 14.7 billion, underlying return on tangible equity of 15.0 percent and EPS of SAR 3.81, giving the current quarterly result a broader profitability context.

Analysts see upside to SAR 41.03

The published consensus is Buy, based on 13 analysts, with 11 Buy ratings, 2 Hold ratings and 0 Sell ratings. Investing.com lists the average 12-month target at SAR 41.03, which places the target 19.9 percent above the October 8 price of SAR 34.22.

The latest dated company-related initiative covered by Arab News on October 6, 2026, was a SAR 10 million contribution to a housing program supporting 100 people with mobility impairments over three years. The item adds a corporate-responsibility angle, while the Q2 earnings and analyst target remain the more direct stock metrics.

Stock remains inside its yearly band

Saudi Awwal Bank's October 8 intraday range was SAR 34.20 to SAR 34.34, with volume of 15,988 shares at the quoted time. The 52-week range was SAR 30.20 to SAR 37.92, leaving the stock below its yearly high while its market capitalization stood at SAR 70.3 billion.

The bank trades as 1060.SR on Tadawul under ISIN SA0007879089, according to Global Banking and Finance. Its next scheduled earnings date is October 22, 2026, according to SniperIQ.