Saudi National Bank stock falls 3.12 percent on Tadawul

Published on 10/09/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Saudi National Bank stock stood at SAR 37.86 on October 8, 2026 after SAR 39.08. Q2 net income reached SAR 6.61 billion.

Key points in brief

Saudi National Bank stock fell 3.12 percent to SAR 37.86 on October 8, 2026, from SAR 39.08.
Second-quarter 2026 net income reached SAR 6.61 billion, while revenue was SAR 10.58 billion.
The Q2 2026 Saudi banking review reported 2.7 percent deposit growth and a 2.85 percent net interest margin.

SNB, SA13L050IE10, Illustration mit AI erstellt.

Saudi National Bank (ISIN SA13L050IE10) fell 3.12 percent to SAR 37.86 on Tadawul on October 8, 2026, from SAR 39.08. Argaam shows the move alongside 8,738,162 shares traded, giving the latest market signal for Saudi National Bank stock.

Three October price signals

On October 6, 2026, SNB closed at SAR 39.02 after gaining SAR 0.42, according to Argaam. The price edged up to SAR 39.08 on October 7, 2026, a gain of SAR 0.06, before the SAR 1.22 decline on October 8, 2026, according to Argaam.

What does Q2 mean for earnings?

Saudi National Bank reported SAR 6.61 billion in net income and SAR 10.58 billion in revenue for the second quarter of 2026, according to Folivue. The earnings figure gives the stock a fresh operating anchor after the October price decline.

The broader banking backdrop was constructive on growth but less comfortable on funding costs. Alvarez & Marsal said deposits across the ten largest listed Saudi banks grew 2.70 percent quarter on quarter in Q2 2026, compared with 1.80 percent loan growth. The sector net interest margin was 2.85 percent, while the cost-to-income ratio improved to 28.60 percent from 30.10 percent.

For SNB, the key tension is the gap between resilient earnings and rate sensitivity. A faster rise in deposits than lending can strengthen liquidity, yet repricing time deposits may pressure margins as benchmark rates decline. Arab News reported that the Q2 review covered SNB among the ten largest listed Saudi banks and highlighted divergent margin and efficiency trends.

SNB stays tied to Saudi bank funding

Saudi National Bank trades under ticker 1180 on Tadawul and operates in the financial services sector. Its market capitalization was SAR 224.7 billion as of October 8, 2026, while the 52-week range was SAR 36.00 to SAR 45.24. Global Banking & Finance Review identifies the listing as Tadawul and confirms ISIN SA13L050IE10.

SNB closed at SAR 37.86 on Tadawul on October 8, 2026, down 3.12 percent versus the SAR 39.08 prior close. The next trading signal will depend on whether earnings resilience can offset the pressure created by funding repricing across Saudi banking.