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Alinma Q2 profit at 1.59bn Riyals

Alinma Q2 profit at 1.59bn Riyals

The financial report of Alinma Bank showed an increase in its net profit during the second quarter of 2026 by 1.39% year-over-year, reaching 1.59 billion SAR compared to 1.57 billion SAR in the same period last year. This rise was supported by a 6.2% increase in total operating income, driven by higher net income from financing and investments, as well as an increase in the fair value assessment of investments. However, the bank experienced a 42.2% year-over-year rise in expected credit loss provisions, which impacted quarterly performance, as the second quarter saw a 4.96% decline in profits compared to the first quarter, which recorded 1.68 billion SAR. For the first half of 2026, the bank's profits grew by 6.24% to 3.27 billion SAR. Total assets increased to 329.29 billion SAR, with the financing and investment portfolio rising by 11.58% to 243.91 billion SAR, and customer deposits grew by 6.66% to 245.25 billion SAR.

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