Riyadh - Mubasher: Al Rajhi Bank generated a net profit of SAR 13.76 billion for the first six months (6M) of 2026, representing a 14.16% increase from the SAR 12.06 billion recorded during the same period in 2025.

The bank attributed the growth to a 13.88% rise in total operating income, which reached SAR 21.41 billion, supported by higher net financing and investment income, banking services fees, and foreign exchange income.

For the second quarter ending 30 June 2026, net profit climbed 14% year-on-year (YoY) to SAR 7.01 billion.

Net financing and investment income for the quarter rose to SAR 7.29 billion, up from SAR 6.32 billion a year earlier. However, the bank noted a 46.83% increase in quarterly impairment charges for expected credit losses, which rose to SAR 881 million.

Total assets reached SAR 1.05 trillion as of June 30, 2026, a 1.83% increase compared to the previous year. Customer deposits grew by 3.56% to SAR 688.36 billion, while the financing and investment loan portfolio expanded by 2.75% to SAR 762.10 billion.

Earnings per share (EPS) for the six-month period improved to SAR 2.17, versus SAR 1.91 in the prior-year period.

At the end of 31 March 2026, the lender’s net profits amounted to SAR 6.75 billion, an annual rise of 14.32% from SAR 5.90 billion.