The Saudi National Bank (SNB) first-half 2026 results report, published by "Yamamah Insights"—as part of an academic project for Dr. Rasha Alhumaidhi’s Principles of Finance course (FIN 202)—provides a financial and operational analysis of the bank’s performance in the first and second quarters and the first half of 2026 compared with 2025. It documents an increase in total operating income to SAR 20,233 million, up 5.8%, and growth in net profit attributable to shareholders to SAR 13,029 million, up 7.2%, supported by a 7.4% increase in net special commission income and improved operational efficiency, with the cost-to-income ratio falling to 27.6%. At the same time, the bank strengthened its financial position, with customer deposits growing 6.0% to SAR 698,170 million, outpacing the 3.5% growth in net financing, which reached SAR 739,563 million. This reduced the loans-to-deposits ratio to 105.9%, while the capital adequacy ratio rose to 22.0% and earnings per share reached SAR 2.11. Challenges included fluctuations in credit provisions, digital competition, and funding costs.
Team:
- Faris Al-Qusair - Financial Analyst
- Mohammed Al-Rumaih - Financial Analyst @Mohammed Alrumaih
- Abdullah Al-Khunaizan - Financial Analyst
Supervised by Financial and Economic Analyst: Hamad Alsaeed @Hamad Alsaeed
Administrative Organization Specialist: Dalal Bin Khudair @dalal BinKhudair
Administrative Assistant: Alroutana Albadri @Alroutana Albadri
Al Ahli (Meshal Al-Dosari)
