06:40 AM EDT, 05/18/2026 (MT Newswires) -- United Securities LLC on Sunday maintained its investment recommendation for Arab National Bank (SASE:1080) as it took note of the lender's first-quarter results.

Arab National Bank's net income grew 4.6% year over year for the March quarter, surpassing United Securities'estimate by 12%, largely due to lower provisioning expenses. Meanwhile, higher net interest income supported the bank's operating income, which was up 3.1% annually, marginally missing the research firm's forecast by 2%.

"ANB's 1Q26 performance was mixed, with operating income slightly below expectations, while net income significantly exceeded estimates due to lower provisioning expenses. We maintain our BUY rating and target price of SAR 24/share,"analysts said.