Tadawul approves SNB Capital market making for Saudi National Bank stock
Published on 10/15/2026 at 12:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMarket making and earnings estimates
- Tadawul approved SNB Capital as a market maker on October 5, 2026, with a 0.65 percent spread cap.
- ANB Capital forecast SNB net profit of SAR 6.70 billion for the third quarter of 2026, up 3.50 percent year on year.
- Saudi National Bank reported SAR 6.61 billion in net income for the second quarter of 2026.
Saudi National Bank (ISIN SA13L050IE10) is heading into its third-quarter reporting date after Tadawul approved SNB Capital as a market maker for three large-cap stocks on October 5, 2026. Elevare Partners reported that the approval requires at least 80 percent order-book presence and caps the spread at 0.65 percent.
Three dates shape the setup
The recent sequence starts with Saudi National Bank's second-quarter results for the period ended June 30, 2026. Net income reached SAR 6.61 billion, while revenue was SAR 10.58 billion, according to TickerLandia. The October 5 market-making approval followed, and the latest dated earnings signal came on October 11, 2026.
Argaam reported that ANB Capital forecasts SNB net profit at SAR 6.6971 billion for the third quarter of 2026, representing growth of 3.50 percent from the same quarter a year earlier. The estimate gives the market a specific earnings benchmark rather than a broad directional view.
What does the forecast imply?
The key test is whether quarterly profit can build on the SAR 6.61 billion reported for the second quarter. A forecast of SAR 6.6971 billion would put the expected increase at SAR 0.0871 billion, or 1.32 percent, against that prior-quarter figure, although ANB Capital's published 3.50 percent comparison uses the year-earlier quarter.
The market-making role adds a trading-structure angle to the earnings setup. Its 0.65 percent maximum spread and 80 percent order-book presence requirement apply to three stocks, while the bank's own operating result remains the central company-specific figure.
Results date is October 20
The next substantiated company date is October 20, 2026, when quarterly results are scheduled, as shown by TickerLandia. For investors, the comparison between the SAR 6.61 billion second-quarter result and the SAR 6.6971 billion forecast will be the clearest near-term measure of execution.
Stock valuation and current quote
Saudi National Bank's market capitalization was SAR 219.4 billion on October 15, 2026. Its 52-week range was SAR 36.00 to SAR 45.24, placing the latest quote near the lower end of that interval.
Saudi National Bank stock was trading at SAR 36.96 on Tadawul on October 15, 2026 at 1:14 p.m. AST.
Saudi National Bank key facts
- Company: Saudi National Bank SJSC
- ISIN: SA13L050IE10
- Ticker: 1180
- Primary exchange: Tadawul
- Price Tadawul (as of October 15, 2026, 1:14 p.m. AST): SAR 36.96
- Market capitalization: SAR 219.4 billion (as of October 15, 2026)
- 52-week range: SAR 36.00-45.24 (as of October 15, 2026)
- Sector: Financials
- Next earnings date: October 20, 2026
Market context: Latest market reports.
