SNB stock sits 15.56 percent below its yearly high at Tadawul

Published on 10/08/2026 at 13:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SNB stock stood 15.56 percent below its SAR 45.24 high on October 8, 2026. Second-quarter net income reached SAR 6.61 billion.

SNB, SA13L050IE10, Illustration mit AI erstellt.

SNB stock stood at SAR 38.20 on Tadawul at 10:42 a.m. AST on October 8, 2026, 15.56 percent below its SAR 45.24 52-week high. The Saudi National Bank reported SAR 6.61 billion in net income for the second quarter of 2026, according to Folivue.

Profit growth meets a lower share price

EnterpriseAM reported in September 2026 that Saudi National Bank generated SAR 6.60 billion in second-quarter net income, up 7.60 percent from the comparable period. The figure placed SNB behind Al Rajhi's SAR 7.00 billion result but ahead of several other listed Saudi lenders.

The earnings comparison gives the stock a useful counterpoint: operating performance was positive even as the Tadawul quote remained below its yearly peak. The market reaction cannot be attributed to the earnings figure here, so the two signals are best read separately.

Funding trends shape the outlook

Alvarez and Marsal said on September 27, 2026 that deposits at Saudi Arabia's largest listed banks grew 2.70 percent quarter over quarter in the second quarter, compared with 1.80 percent growth in net loans and advances. Its report also put the sector's second-quarter net interest margin at 2.85 percent and cost-to-income ratio at 28.60 percent.

Those sector figures matter for SNB because the bank is one of the ten institutions covered by the report. Deposit growth exceeding lending growth can support liquidity, but funding costs and credit provisions remain important tests as rates and loan demand change.

SNB valuation and trading range

The October 8, 2026 Tadawul quote of SAR 38.20 came with a previous close of SAR 39.08 and a session range of SAR 38.16 to SAR 39.20. Folivue listed the 52-week range at SAR 36.00 to SAR 45.24 and market capitalization at SAR 226.7 billion.

The stock was 6.11 percent above its yearly low and 15.56 percent below its yearly high on the same dated quote. For investors assessing the earnings signal, the central question is whether profit growth can continue while deposit funding and credit costs remain controlled.

Trading range sets the near-term frame

The Saudi National Bank combines a SAR 6.61 billion second-quarter profit with a Tadawul price below its SAR 45.24 yearly high. That contrast leaves earnings growth and funding discipline as the two clearest figures for assessing the bank's market position.