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Al-Rajhi Q2 profit reaches 7B riyals
Al Rajhi Bank achieved a net profit of 7.01 billion riyals in the second quarter of 2026, representing a 14% increase compared to the same quarter of the previous year. The half-year profits rose to 13.76 billion riyals, up by 14.16%. The growth in profits was driven by increased income from financing, banking fees, and foreign currency transfers, despite higher operating expenses and provisions for credit losses. Additionally, the bank's total assets grew to 1.055 trillion riyals, and customer deposits increased by 3.56%.
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