July 21, 2026 07:11 AM GMT Al Rajhi Bank | Europe M Update 2Q26 Results: Strong Non-II compensates for lower NIM, high provisioning AlphaSignals Earnings Reaction Unchanged In-line Largely unchanged Impact to our thesis Financial results versus consensus Direction of next 12-month consensus EPS Source: Company data, Morgan Stanley Research 2Q26 earnings in-line: Al Rajhi Bank (Rajhi) reported a profit of SAR7.0bn (EPS: SAR1.11) for 2Q26, +4% QoQ and 14% YoY. Earnings were in line with our and consensus esti ...