7 Hrs
Source:
معلومات مباشر
Al-Rajhi Q2 profit hits 7 billion riyals
Al Rajhi Bank recorded a significant increase in its profits during the second quarter of 2026, reaching a net profit of 7.01 billion riyals, a 14% increase compared to the same period of the previous year. The growth was driven by a 13.3% rise in operating income, despite a 19.4% increase in operating expenses and a 46.8% rise in credit loss provisions. For the first half of the year, net profit increased to 13.76 billion riyals, with total assets reaching 1.055 trillion riyals, the loan portfolio growing to 762.1 billion riyals, and customer deposits increasing to 688.36 billion riyals, while earnings per share rose to 2.17 riyals.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)