Riyadh – Mubasher: The net profits of Alinma Bank jumped by 31.03% year-on-year (YoY) to SAR 2.73 billion during the first nine months (9M) of 2022, versus SAR 2.09 billion.

Earnings per share (EPS) settled at SAR 1.33 in 9M-22, compared to SAR 1.03 in the year-ago period, according to the interim income statements.

Moreover, the clients’ deposits totalled SAR 132.04 billion during the January-September 2022 period, up 13.20% from SAR 116.65 billion in 9M-21.

The assets rose by 15.84% YoY to SAR 193.22 billion in 9M-22 from SAR 166.80 billion, whereas the investments surged by 20.01% YoY to SAR 38.26 billion from SAR 31.88 billion.

During the third quarter (Q3) of 2022, the Saudi bank’s net profits reached SAR 989 million, higher by 33.99% than SAR 738.10 million in Q3-21.

On a quarterly basis, the Q3-22 net profits went up by 6.91% from SAR 925.10 million in Q2-22.         

In the first half (H1) of 2022, Alinma Bank registered SAR 1.74 billion in net profit, an annual increase of 29.40% from SAR 1.35 billion.