SNB’s profits jump in Q1-26 initial financial results; assets exceed SAR 1.2trn

SNB
1180 -2.40% 40.70 -1.00

Riyadh – Mubasher: The Saudi National Bank (SNB) achieved SAR 6.42 billion in net profit attributable to the shareholders during the first quarter (Q1) of 2026, up 6.65% year-on-year (YoY) from SAR 6.02 billion.

The earnings per share (EPS) grew to SAR 1.04 as of 31 March 2026 from SAR 0.96 a year earlier, according to the interim financial results.

The assets jumped by 4.90% to SAR 1.22 trillion in Q1-26 from SAR 1.17 trillion in Q1-25, while the clients’ deposits widened by 6.23% to SAR 665.46 billion from SAR 626.39 billion.

Likewise, the Saudi lender reported 4.16% YoY higher investments at SAR 323.20 billion in the first three months (3M) of 2026, compared to SAR 310.27 billion.

On a quarterly basis, the Q1-26 edged up by 0.59% from SAR 6.38 billion in Q4-25.

In 2025, the net profits attributable to the shareholders of SNB climbed by 18.02% to SAR 25.01 billion from SAR 21.19 billion a year earlier. 

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