Saudi Awwal Bank (1060.SE): Removing Downside90-Day Short-Term View-20260721
花旗·2026-07-21 22:25

Action | 21 Jul 2026 08:31:11 ET │ 10 pages Saudi Awwal Bank (1060.SE) Removing Downside 90-Day Short-Term View Heading into 2Q26 results, we initiated a negative short-term view on Saudi Awwal Bank on 22nd May'26. We expected the bank to deliver relatively weak 2Q26 underlying performance resulting in a potential downgrade to their 2026 ROTE guidance of 14-15%. The bank reported its 2Q26 results earlier today (21st July). While the headline attributable profit was c.4% ahead of Visible Alpha consensus esti ...

Saudi Awwal Bank (1060.SE): Removing Downside90-Day Short-Term View-20260721 - Reportify