# Alinma Bank Revises 2026 Targets: Higher Cost of Risk, Lower Return on Equity

> Alinma Bank raised its 2026 cost of risk guidance and lowered its return on equity target, revising the financial goals it set for the year.

- Published: 2026-11-04T11:41:36+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-04/alinma-bank-2026-guidance-revision
- Source: [Argaam](https://www.argaam.com/en/article/articledetail/id/1950295)

## Key takeaways

- Alinma Bank revised its 2026 financial targets, raising cost of risk guidance and lowering return on equity guidance.
- Alinma Bank reported net income of SAR 4,862mn for the nine months to 2026, up 4% year-on-year.
- Alinma Bank's Q3 2026 attributable profit of SAR 1.36 billion came in 7% below consensus.
- Alinma Bank announced in July 2026 its intention to redeem its SAR 5 billion AT1 capital sukuk at full face value.

[Alinma Bank](https://akta.pro/company-profiles/00007th/alinma-bank) revised its 2026 financial targets, raising its cost of risk guidance and lowering its return on equity guidance, [Argaam](https://www.argaam.com/en/article/articledetail/id/1950295) reported on November 4, 2026. The Saudi-listed, fully Shariah-compliant Islamic bank serves retail, SME and corporate clients across Saudi Arabia through more than 216 branches and mobile and online banking.

## Alinma Bank's Mixed 2026 Target Revisions

Alinma Bank announced revisions to its 2026 financial targets, with mixed adjustments. The bank raised its cost of risk guidance and lowered its return on equity guidance. The revisions cover the bank's 2026 financial targets.

Alinma Bank is a Saudi joint stock company with registered capital of SAR 30 billion, according to [company records](https://akta.pro/company-data). The bank was founded in 2006 and is headquartered in Riyadh.

Alinma Bank's third-quarter 2026 attributable profit was SAR 1.36 billion, 7% below consensus and 4% year over year, Investing.com reported. Revenue rose 5% year over year but was flat quarter over quarter, while credit costs surged 56% year over year. The loan-to-deposit ratio reached 100% by quarter-end.

## Alinma Bank's Nine-Month Profit and Capital Moves

Alinma Bank reported net income of SAR 4,862mn for the nine months to 2026, up 4% year-on-year, as operating income grew 6%, according to akta.pro funding records. Financing and deposits expanded 10% and 11% respectively, and the bank raised its credit-cost guidance.

Alinma Bank announced in July 2026 its intention to redeem its SAR 5 billion Additional Tier 1 capital sukuk at full face value on July 1, 2026, having obtained regulatory approval. The sukuk were originally issued on July 1, 2021. In January 2026, the board recommended a share buy-back program of up to 5 million shares.

## Alinma Bank's Recent Credit Facilities

Ataa Educational Co. signed a Shariah-compliant banking facilities agreement worth SAR 200 million with Alinma Bank on August 25, 2026, according to a statement to Tadawul, Argaam reported. Watani Iron Steel Co. renewed SAR 25 million in Sharia-compliant banking facilities with Alinma Bank to finance its working capital, with a term running from August 23, 2026, to August 31, 2027.

Hamad Mohammed Bin Saedan Real Estate Co. obtained Shariah-compliant credit facilities worth SAR 46.72 million from Alinma Bank, Argaam reported. AOL secured Shariah-compliant credit facilities worth SAR 24 million from Alinma Bank on October 21, with a five-year tenor.

## Alinma Bank's Dividend Date

Alinma Bank and Munawla Cargo went ex-dividend on November 4, 2026, Argaam reported. Alinma Bank pays SAR 0.25 per share for Q3 2026, while Munawla Cargo pays SAR 0.27 per share.

## Companies in this story

- [Alinma Bank company profile](https://akta.pro/company-profiles/00007th/alinma-bank) · website: https://www.alinma.com

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