Saudi National Bank (1180) Stock Overview
Through its subsidiaries, provides banking and investment management services in the Kingdom of Saudi Arabia and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
1180 Community Fair Values
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Analyst Price Targets
Top Community Narratives
ر.س52
FV
24.0% undervalued intrinsic discount28.24%
Revenue growth p.a.
23
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The Saudi National Bank Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ر.س39.44 |
| 52 Week High | ر.س45.24 |
| 52 Week Low | ر.س33.30 |
| Beta | 0.17 |
| 1 Month Change | 1.23% |
| 3 Month Change | 2.39% |
| 1 Year Change | 8.77% |
| 3 Year Change | 7.76% |
| 5 Year Change | -8.70% |
| Change since IPO | 59.35% |
Recent News & Updates
Analysis Article • Jul 23
The Saudi National Bank Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
The Saudi National Bank ( TADAWUL:1180 ) just released its half-year report and things are looking bullish. The company...
Narrative Update • Jul 21
1180: Future Upside Will Rely On Supportive P E Multiple
Analysts have nudged their fair value estimate for Saudi National Bank slightly lower from SAR49.46 to SAR48.46, reflecting modest adjustments to revenue growth, profit margin and future P/E assumptions in their updated models. What's in the News for Saudi National Bank No recent Saudi National Bank specific news items were identified from the provided sources.Recent updates
Analysis Article • Jul 23
The Saudi National Bank Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
The Saudi National Bank ( TADAWUL:1180 ) just released its half-year report and things are looking bullish. The company...Narrative Update • Jul 21
1180: Future Upside Will Rely On Supportive P E Multiple
Analysts have nudged their fair value estimate for Saudi National Bank slightly lower from SAR49.46 to SAR48.46, reflecting modest adjustments to revenue growth, profit margin and future P/E assumptions in their updated models. What's in the News for Saudi National Bank No recent Saudi National Bank specific news items were identified from the provided sources.
New Narrative • Jul 14
Projected Fair Value of Saudi National Bank Reaches 52
Saudi National Bank ( 1180.SE — SNB) is a high-quality, defensive banking franchise characterized by robust capitalization, sector-leading cost efficiency, and an attractive, growing dividend yield. However, at its current market price of ~41.6 SAR, it represents neither a high-growth compounder nor a deeply discounted value play.Narrative Update • Jun 07
1180: Future Upside Will Rely On Supportive P E Multiple
Analysts have slightly reduced their fair value estimate for Saudi National Bank from SAR 49.59 to SAR 49.46, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E. What's in the News No recent company specific news items for Saudi National Bank were provided in the primary or secondary sources.Narrative Update • May 23
1180: Future Upside Seen As P E Multiple Supports Attractive Outlook
Analysts have trimmed their price target on Saudi National Bank from SAR 50.41 to SAR 49.59, citing slightly softer assumptions for revenue growth, profit margins, and future P/E multiples. Valuation Changes Fair Value: Trimmed from SAR 50.41 to SAR 49.59, a small downward adjustment in the modelled estimate.Narrative Update • May 03
1180: Higher Assumed Profitability And P E Support Strong Future Upside Potential
Analysts have nudged their fair value estimate for Saudi National Bank slightly higher to around SAR50.41 from SAR50.38, reflecting updated assumptions for revenue growth, profit margin and future P/E. Valuation Changes Fair Value: Raised slightly from SAR50.38 to around SAR50.41, a change of roughly SAR0.03 per share.Narrative Update • Apr 18
1180: Upcoming Cash Dividend Will Support Attractive Future Upside Potential
Narrative Update on Saudi National Bank Analysts have trimmed their price target on Saudi National Bank by SAR0.50 to SAR50.38, citing slightly lower fair value, a modestly higher discount rate, and marginally softer assumptions for revenue growth, profit margin, and future P/E. What's in the News On January 27, 2026, Saudi National Bank reported that its Board of Directors recommended cash dividends of SAR 1.15 per share after Zakat for the second half of 2025, subject to approval by the General Assembly (Key Developments).Narrative Update • Apr 04
1180: Upcoming Cash Dividend Will Support Attractive Future Return Potential
Analysts have trimmed their price target on Saudi National Bank to about SAR50.88, a small reduction of roughly SAR0.43. The revision reflects updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E.Narrative Update • Mar 18
1180: Upcoming Cash Dividend And Fine Tuned Assumptions Will Support Future Returns
Analysts have made a small upward adjustment to their price target for Saudi National Bank to SAR51.31, reflecting fine tuning to inputs such as fair value estimates, discount rate, revenue growth, profit margin, and forward P/E assumptions. What's in the News The Saudi National Bank Board of Directors recommended cash dividends of SAR 1.15 per share after Zakat for the second half of 2025, giving you a clear reference point for the proposed payout level (Key Developments).Narrative Update • Mar 04
1180: Higher Fair Value And Upcoming Dividend Will Support Future Returns
Analysts have nudged their fair value estimate for Saudi National Bank higher from about SAR 50.49 to around SAR 51.26. This reflects slightly revised assumptions on discount rate, revenue growth, profit margin and future P/E.Narrative Update • Feb 18
1180: Dividend Proposal And Completed Buyback Will Support Stronger Future Returns
Analysts have nudged their price target on Saudi National Bank higher to SAR50.49 from SAR49.21, citing updated assumptions that include a slightly lower discount rate, a modest adjustment to revenue growth, stronger profit margin expectations and a reduced future P/E multiple. What's in the News The board recommends cash dividends of SAR 1.15 per share after Zakat for the second half of 2025, with eligibility tied to the yet-to-be-announced General Assembly meeting date and the subsequent Edaa record date (company announcement).Narrative Update • Feb 04
1180: Dividend Proposal And Completed Buyback Will Support Measured Future Returns
Analysts have nudged their fair value estimate for Saudi National Bank higher to what they see as a modestly richer price target, citing updated assumptions for revenue growth, profit margins, and a slightly higher future P/E multiple. What's in the News The board recommends cash dividends of SAR 1.15 per share for the second half of 2025, after Zakat, with eligibility tied to the yet to be announced General Assembly meeting date and Edaa record date (company announcement).Narrative Update • Jan 20
1180: Completed Buyback And Higher Margins Will Support Future Returns
Analysts have raised their price target on Saudi National Bank to SAR 48.79 from SAR 48.11, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News Saudi National Bank completed a share buyback tranche of 16,000,000 shares, equal to 0.27% of its shares, between April 15, 2025 and November 24, 2025 (Key Developments).Narrative Update • Jan 05
1180: Completed Buyback And Stable Margins Will Support Future Returns
Analysts have kept their fair value estimate for Saudi National Bank broadly unchanged at SAR 48.11, with only marginal tweaks to inputs such as the discount rate, revenue growth, profit margin, and future P/E, supporting a steady Analyst Price Target. What's in the News Saudi National Bank completed a share repurchase program involving 16,000,000 shares, equal to 0.27% of its shares, under the buyback announced on April 16, 2025 (Key Developments).Narrative Update • Dec 21
1180 Share Buyback And Margin Upside Will Support Future Shareholder Returns
Analysts have modestly raised their price target on Saudi National Bank to SAR 48.11 from SAR 47.83. They cite incremental improvements in expected profit margins and forward valuation multiples, despite largely unchanged revenue growth and discount rate assumptions.Narrative Update • Dec 07
1180: Share Buyback Completion Will Support Future Shareholder Value
Analysts have modestly increased their price target on Saudi National Bank by 0.00 SAR, citing a slightly lower discount rate and marginally improved long term growth and profitability assumptions, while maintaining an essentially unchanged fair value outlook. What's in the News Completed share buyback of 16,000,000 shares, representing about 0.27% of capital, for a total consideration of SAR 582.35 million under the program announced on April 16, 2025 (Key Developments) Legal ruling in favor of Thimar Development Holding Company, with Saudi National Bank ordered to pay approximately SAR 6.76 million in compensation over disputed cheque deposits into another company’s account (Key Developments) The Thimar case highlights ongoing legal and operational risk related to cheque handling and beneficiary verification processes at Saudi National Bank (Key Developments) Valuation Changes Fair Value Estimate remains unchanged at approximately SAR 47.83 per share, indicating a stable assessment of intrinsic value.Narrative Update • Nov 23
1180: Court Compensation Win And Margin Gains Will Drive Shareholder Value
Analysts have slightly raised their price target for Saudi National Bank from SAR 47.30 to SAR 47.83, citing improvements in profit margin. These gains partially offset more moderate revenue growth expectations.Narrative Update • Nov 05
1180: Improved Revenue Drivers And Legal Resolution Will Unlock Untapped Market Potential
Analysts have raised their price target for Saudi National Bank from SAR46.51 to SAR47.30, citing improved revenue growth expectations and a slight reduction in the discount rate as key drivers for the upgrade. What's in the News Thimar Development Holding Company won a final legal decision on September 18, 2025, in its lawsuit against Saudi National Bank regarding compensation for disputed checks (Key Developments).Narrative Update • Sep 05
Shifting To More Profitable Segments Like MSME And Mortgages Will Capture Untapped Market Opportunities
With both the Discount Rate and Future P/E ratio remaining effectively unchanged, analysts have maintained their fair value estimate for Saudi National Bank, keeping the consensus price target steady at SAR46.51. What's in the News The Board of Directors approved a SAR 1 per share cash dividend (totaling SAR 6 billion after Zakat) to shareholders for the first half of 2025, payable on August 14, 2025.
New Narrative • Feb 09
Shifting To More Profitable Segments Like MSME And Mortgages Will Capture Untapped Market Opportunities
Strategic focus on profitable segments and customer-centric improvements is expected to drive revenue growth and increase net margins.Shareholder Returns
| 1180 | SA Banks | SA Market | |
|---|---|---|---|
| 7D | -0.7% | -0.6% | -0.3% |
| 1Y | 8.8% | 3.0% | 6.0% |
Return vs Industry: 1180 exceeded the SA Banks industry which returned 3% over the past year.
Return vs Market: 1180 exceeded the SA Market which returned 6% over the past year.
Price Volatility
| 1180 volatility | |
|---|---|
| 1180 Average Weekly Movement | 3.2% |
| Banks Industry Average Movement | 2.2% |
| Market Average Movement | 4.2% |
| 10% most volatile stocks in SA Market | 7.3% |
| 10% least volatile stocks in SA Market | 2.3% |
Stable Share Price: 1180 has not had significant price volatility in the past 3 months compared to the SA market.
Volatility Over Time: 1180's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1950 | 15,338 | Tareq Al-Sadhan | www.alahli.com |
The Saudi National Bank, through its subsidiaries, provides banking and investment management services in the Kingdom of Saudi Arabia and internationally. The company offers current, Al Wessam, gold, commercial enterprise, and corporate accounts; Shariah-compliant financing solutions, financial solutions to MSMEs, point-of-sale Merchant Financing, personal and lease finance, and residential finance; and corporate finance solutions, including Ijara, Musharaka financing, Project and Structured Finance, Syndications and Placements, and Tawarruq. It also provides deposit, prepaid, and credit cards; cash management services, such as dividend distribution, payroll, escrow account management, deposit, and debit services; guarantees, fleet leasing, investment products, and digital banking; treasury services, such as foreign currency exchange, money markets, and shariah compliant products; payments and transfers; and trade finance, including documentary collection, export and import letter of credit, letter of guarantees, documentary collection, letter of credit program for Saudi industrial development fund clients.
The Saudi National Bank Fundamentals Summary
| 1180 fundamental statistics | |
|---|---|
| Market cap | ر.س232.65b |
| Earnings (TTM) | ر.س24.91b |
| Revenue (TTM) | ر.س39.45b |
9.4x
P/E Ratio1.1x
P/B RatioIs 1180 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1180 income statement (TTM) | |
|---|---|
| Revenue | ر.س39.45b |
| Cost of Revenue | ر.س0 |
| Gross Profit | ر.س39.45b |
| Other Expenses | ر.س14.54b |
| Earnings | ر.س24.91b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
Aug 05, 2026
| Earnings per share (EPS) | 4.20 |
| Gross Margin | 100.00% |
| Net Profit Margin | 63.15% |
| Debt/Equity Ratio | 116.1% |
How did 1180 perform over the long term?
See historical performance and comparisonDividends
5.8%
Current Dividend Yield55%
Payout RatioDoes 1180 pay a reliable dividends?
See 1180 dividend history and benchmarks| Saudi National Bank dividend dates | |
|---|---|
| Ex Dividend Date | Jul 29 2026 |
| Dividend Pay Date | Aug 10 2026 |
| Days until Ex dividend | 6 days |
| Days until Dividend pay date | 6 days |
Does 1180 pay a reliable dividends?
See 1180 dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/03 13:36 |
| End of Day Share Price | 2026/08/03 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The Saudi National Bank is covered by 20 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kais Kriaa | AlphaMena |
| Ranya Gnaba | AlphaMena |
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |