Tadawul trading screen
Value Capital issued its Q2 2026 estimates for several Saudi companies and banks under its coverage. 
The brokerage expects Al Rajhi Bank’s net profit to rise 12% year-on-year (YoY) to SAR 6.92 billion in Q2 2026. It also forecasts stc to post a 4% YoY increase in net profit to SAR 3.96 billion.
Value Capital’s Q2 2026 Earnings Forecasts (SAR mln)
Company
Q2
2026 (Projected)
YoY Change
Banking
Al Rajhi Bank
6,919
+12%
Alinma Bank
1,694.3
+8%
Bank Albilad
795.4
+4%
Bank AlJazira
417.3
+9%
Telecoms
stc
3,958.3
+4%
Zain KSA
161.9
+27%
Mobily
906
+9%
Materials
Southern Cement
6.8
(56%)
Yamama Cement
119.6
(1%)
Saudi Cement
97.2
+2%
Qassim Cement
64.5
+6%
Software Services
solutions
460.2
+3%
Elm
638.8
+8%
Healthcare
Al Hammadi
58.7
(5%)
Sulaiman Al Habib
618.4
+5%
Capital Goods
Riyadh Cables
296.7
+6%
Astra
153.6
(12%)
Other Sectors
Tadawul Group
85.3
(11%)
ADES
254.5
+35%
SAL
171.5
+6%
Tadawul trading screen
Value Capital issued its Q2 2026 estimates for several Saudi companies and banks under its coverage.
The brokerage expects Al Rajhi Bank’s net profit to rise 12% year-on-year (YoY) to SAR 6.92 billion in Q2 2026. It also forecasts stc to post a 4% YoY increase in net profit to SAR 3.96 billion.
Value Capital’s Q2 2026 Earnings Forecasts (SAR mln)
Company
Q2
2026 (Projected)
YoY Change
Banking
Al Rajhi Bank
6,919
+12%
Alinma Bank
1,694.3
+8%
Bank Albilad
795.4
+4%
Bank AlJazira
417.3
+9%
Telecoms
stc
3,958.3
+4%
Zain KSA
161.9
+27%
Mobily
906
+9%
Materials
Southern Cement
6.8
(56%)
Yamama Cement
119.6
(1%)
Saudi Cement
97.2
+2%
Qassim Cement
64.5
+6%
Software Services
solutions
460.2
+3%
Elm
638.8
+8%
Healthcare
Al Hammadi
58.7
(5%)
Sulaiman Al Habib
618.4
+5%
Capital Goods
Riyadh Cables
296.7
+6%
Astra
153.6
(12%)
Other Sectors
Tadawul Group
85.3
(11%)
ADES
254.5
+35%
SAL
171.5
+6%
