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Bank Albilad Q3 profit rises to 740M
Al Rajhi Bank announced its financial results for the third quarter of 2026, with profits declining by 3.43% year-on-year. Net earnings stood at 740.2 million SAR compared to 766.5 million SAR in the same period of 2025. The decrease is attributed to a 16% rise in operating expenses, despite a 5% growth in operating income. Over the nine-month period, the bank's profits increased by 1.56% to reach 2.27 billion SAR, with total income rising by 4.83%. Additionally, the loan portfolio grew by 11.4% to 132.76 billion SAR, customer deposits increased by 12.7% to 145.37 billion SAR, and assets grew to 185.89 billion SAR.
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