Alinma Bank posted SAR 331 million net earnings for Q3 2014, rising 26.34% year-on-year from SAR 262 million and 7.47% quarter-on-quarter from SAR 308 million.
The nine-month net earnings rose 28.55% to SAR 932 million, compared with SAR 725 million in the year-ago period.
The earnings per share (EPS) increased from SAR 0.49 to SAR 0.63.
The total assets grew 27.58% to SAR 75,458 million, compared with SAR 59,145 million a year earlier.
The loans and advances portfolio stood at SAR 50,219 million, 19.81% higher than SAR 41,915 million a year earlier.
The customer deposits reached SAR 53,388 million, with an increase of 41.9% compared with SAR 37,623 million a year earlier.
The lender ascribed the profit rise to the growth in the core banking activities and increase in operating income.