SNB Capital issued Q1 2026 earnings forecasts for severalTadawul-listed banks and firms under its coverage.
SNB Capital’s Forecasts for Q1 2026 Profit (SAR mln)
Company
Q1 2026 (Projected)
YoY Change
Petrochemicals
SABIC
(74.6)
—
SIIG
3.7
—
Yansab
58.1
—
Tasnee
(167)
—
Sipchem
(251)
—
SABIC AN
1,631
66%
Kayan
(713)
—
Energy
Arabian Drilling
(25.1)
—
Luberef
262
18%
ADES
214
10%
Banks
Al Rajhi Bank
6,681
13%
Alinma Bank
1,666
10%
BSF
1,361
2%
Bank Albilad
761
9%
Bank AlJazira
374
4%
Riyad Bank
2,627
6%
SAB
2,167
1%
SAIB
506
1%
Telecoms
stc*
3,357
(8%)
Mobily
885
15%
Zain KSA
141
52%
solutions
348
(4%)
Elm
472
(5%)
Healthcare
Saudi German Health
28.6
(82%)
Mouwasat
203
3%
Al Hammadi
63.7
(14%)
Sulaiman Al Habib
647
16%
Dallah
113
(28%)
SMC
68.7
132%
Fakeeh*
50
(31%)
Almoosa
58
13%
Tourism
SGS
88.5
(9%)
CATRION
68.7
(8%)
Seera*
19.2
(48%)
flynas
106
(29%)
Retail
Leejam
62.8
(11%)
Shaker
28.7
5%
Jarir
228
5%
BinDawood Holding
59.4
(10%)
Al Othaim*
79.4
4%
Nahdi
258
1%
Americana
141.75
16%
Aldawaa*
104
(1%)
Almajed Oud
143
18%
Nice One
20.9
(13.2%)
Cement
Arabian Cement
39.4
67%
Yamama Cement
75.4
(47%)
Eastern Cement
48.6
(22%)
Qassim Cement
43.3
(51%)
Southern Cement
(10.3)
—
Saudi Cement
71
(35%)
Yanbu Cement
16.8
(44%)
Riyadh Cement
54.8
(28%)
Real Estate
Dar Al Arkan
205
(2%)
Taiba
92.2
(30%)
Food Beverages
Savola
181
(4.4%)
First Mills*
79.4
—
Modern Mills
60.8
(7%)
Tanmiah
(26)
—
Entaj*
(29.8)
—
SADAFCO
72.2
(43%)
Car Rental
53.2
1%
Budget Saudi
91.8
11%
Theeb
41.4
(9%)
SAL
157
3%
Fuel Stations
Aldrees
107
7%
SASCO
6
34%
Manpower Solutions
SMASCO
45.9
13%
Al Mawarid
39.8
33%
Maharah*
51.5
118%
Tamkeen
22.8
(11%)
Others
Saudi Energy*
1,170
21%
Tadawul
99.2
(18%)
Rasan
110
267%
Saudi Steel Pipe
48.5
(3%)
Jamjoom Pharma
162
3%
Avalon Pharma
22
13%
MBC Group*
309
—
Al Masar Al Shamil
50.1
24%
Riyadh Cables
270
5%
**First Mills: Includes estimates from the impact of consolidating Al Manar Feed Co. results.
***Maharah: Generated one-off gains in Q4 2025; thus, the comparison is incorrect.
****Saudi Energy: Net profit before gains from Mudarabah instrument.
*****MBC: Before minority interest and includes one-off estimated gains at fair value through profit/loss.
******Seera: Net profit before minority interest.
SNB Capital issued Q1 2026 earnings forecasts for severalTadawul-listed banks and firms under its coverage.
SNB Capital’s Forecasts for Q1 2026 Profit (SAR mln)
Company
Q1 2026 (Projected)
YoY Change
Petrochemicals
SABIC
(74.6)
—
SIIG
3.7
—
Yansab
58.1
—
Tasnee
(167)
—
Sipchem
(251)
—
SABIC AN
1,631
66%
Kayan
(713)
—
Energy
Arabian Drilling
(25.1)
—
Luberef
262
18%
ADES
214
10%
Banks
Al Rajhi Bank
6,681
13%
Alinma Bank
1,666
10%
BSF
1,361
2%
Bank Albilad
761
9%
Bank AlJazira
374
4%
Riyad Bank
2,627
6%
SAB
2,167
1%
SAIB
506
1%
Telecoms
stc*
3,357
(8%)
Mobily
885
15%
Zain KSA
141
52%
solutions
348
(4%)
Elm
472
(5%)
Healthcare
Saudi German Health
28.6
(82%)
Mouwasat
203
3%
Al Hammadi
63.7
(14%)
Sulaiman Al Habib
647
16%
Dallah
113
(28%)
SMC
68.7
132%
Fakeeh*
50
(31%)
Almoosa
58
13%
Tourism
SGS
88.5
(9%)
CATRION
68.7
(8%)
Seera*
19.2
(48%)
flynas
106
(29%)
Retail
Leejam
62.8
(11%)
Shaker
28.7
5%
Jarir
228
5%
BinDawood Holding
59.4
(10%)
Al Othaim*
79.4
4%
Nahdi
258
1%
Americana
141.75
16%
Aldawaa*
104
(1%)
Almajed Oud
143
18%
Nice One
20.9
(13.2%)
Cement
Arabian Cement
39.4
67%
Yamama Cement
75.4
(47%)
Eastern Cement
48.6
(22%)
Qassim Cement
43.3
(51%)
Southern Cement
(10.3)
—
Saudi Cement
71
(35%)
Yanbu Cement
16.8
(44%)
Riyadh Cement
54.8
(28%)
Real Estate
Dar Al Arkan
205
(2%)
Taiba
92.2
(30%)
Food Beverages
Savola
181
(4.4%)
First Mills*
79.4
—
Modern Mills
60.8
(7%)
Tanmiah
(26)
—
Entaj*
(29.8)
—
SADAFCO
72.2
(43%)
Car Rental
53.2
1%
Budget Saudi
91.8
11%
Theeb
41.4
(9%)
SAL
157
3%
Fuel Stations
Aldrees
107
7%
SASCO
6
34%
Manpower Solutions
SMASCO
45.9
13%
Al Mawarid
39.8
33%
Maharah*
51.5
118%
Tamkeen
22.8
(11%)
Others
Saudi Energy*
1,170
21%
Tadawul
99.2
(18%)
Rasan
110
267%
Saudi Steel Pipe
48.5
(3%)
Jamjoom Pharma
162
3%
Avalon Pharma
22
13%
MBC Group*
309
—
Al Masar Al Shamil
50.1
24%
Riyadh Cables
270
5%
**First Mills: Includes estimates from the impact of consolidating Al Manar Feed Co. results.
***Maharah: Generated one-off gains in Q4 2025; thus, the comparison is incorrect.
****Saudi Energy: Net profit before gains from Mudarabah instrument.
*****MBC: Before minority interest and includes one-off estimated gains at fair value through profit/loss.
******Seera: Net profit before minority interest.
