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Financial firms' profits double in Q2
The profits of financial market institutions in Saudi Arabia increased by more than 100% in the second quarter of 2026, reaching 4.59 billion riyals compared to 2.29 billion riyals in the first quarter, representing a 100.53% rise. Their revenues also grew by 102.5%, reaching 10.1 billion riyals, while expenses increased by 104.2%, amounting to 5.52 billion riyals. Equity capital rose by 2.65% to now total 62.26 billion riyals, with assets growing by 2.28% to reach 102.81 billion riyals. Liabilities increased by 1.7%. These results indicate growth in activities and revenues in the Saudi financial market during this period.
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