ANB 9M 2026 net profit grows 4% to SAR 4.13B; Q3 at SAR 1.35B

Arab National Bank (ANB) reported a net profit increase of 4% to SAR 4.13 billion in the first nine months of 2026, from SAR 3.97 billion in the year-earlier period

This was due to a 7.16% increase in the gross special commission income, driven by a 9.31% rise in the net loans and advances portfolio and a 13.25% jump in net investments.

The bank also cited an elevated net special commission income, higher net gains/(losses) on the sale of investments held for non-trading purposes, net foreign exchange gains, net other operating income, and net trading income. This is in addition to a decline in provisions for expected credit losses during the period, mainly reflecting an improvement in the portfolio's credit quality.

Expected credit loss provisions declined during the period, mainly reflecting improved portfolio credit quality, supported by resilient asset quality, proactive provisioning and effective credit policies aligned with IFRS 9. However, combined net provisions for expected credit losses and other losses increased, reflecting the non-recurrence of a prior-year reversal of impairment provisions for other real estate owned.

The Saudi bank’s Q3 2026 net earnings grew 2% to SAR 1.35 billion, compared to SAR 1.32 billion in Q3 2025, spurred by a 7.75% increase in the gross special commission income.

On a quarterly basis, however, the three-month net profit declined 5.1% from SAR 1.42 billion in Q2 2026.

Total shareholders’ equity, after deducting minority interest and Sukuk, stood at SAR 42.09 billion as of Sept. 30, 2026, compared to SAR 41.7 billion in the prior-year period.

View More Financial Results