Bank Albilad’s net profits rise to nearly SAR 736m in Q1-26

ALBILAD
1140 -2.46% 25.38 -0.64

Riyadh – Mubasher: Bank Albilad registered a net profit attributable to the shareholders amounting to SAR 735.80 million during the first quarter (Q1) of 2026, up 5.05% from SAR 700.40 million in Q1-25.

The clients’ deposits reached SAR 140.29 billion in Q1-26, higher by 13.12% year-on-year (YoY) than SAR 124.01 billion, according to the interim financial results.

Earnings per share (EPS) went up to SAR 0.49 as of 31 March 2026 from SAR 0.47 a year earlier.

Bank Albilad recorded 13.10% YoY higher assets at SAR 179.95 billion in the first three months (3M) of 2026, compared to SAR 159.10 billion. The investments hiked by 18.75% to SAR 31.33 billion from SAR 26.38 billion.

The quarterly earnings fell by 9.90% from SAR 816.70 million in the October-December 2025 period.

In 2025, Bank Albilad generated higher net profits before Zakat and income tax at SAR 3.39 billion, compared to SAR 3.12 billion in 2024.

Source: Mubasher Source: {{details.article.source}}