Riyadh – Mubasher: The Saudi Investment Bank (SAIB) logged a net profit of SAR 1.05 billion for the first half (H1) of 2026, an annual rise of 3.44% from SAR 1.02 billion.

The bank attributed the growth to a 2% growth in total operating income and a 1.62% decrease in total operating expenses.

For the second quarter (Q2) of 2026, the lender’s net profit reached SAR 531.10 million, up 3.63% from SAR 512.50 million in Q2-25.

Total operating income for the three-month period climbed by 3.38% to SAR 1.11 billion, driven by higher unrealized fair value gains, foreign exchange income, and gains from the disposal of debt securities. This was partially offset by a decline in net special commission income.

The bank’s balance sheet showed significant growth as of 30 June 2026, with total assets increasing by 9.65% to SAR 184.02 billion.

Customer deposits jumped by 21.27% to SAR 121.56 billion, while the loans and advances portfolio grew by 8.21% to SAR 117.32 billion.

Net impairment charges for expected credit losses for the six-month period stood at SAR 128.10 million, a 1.91% increase compared to the previous year. Earnings per share (EPS) for the period were SAR 0.7.

At the end of December 2025, SAIB posted 24.27% year-on-year (YoY) higher net profits at SAR 2.43 billion, compared to SAR 1.95 billion.