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Investment profits fall to 506.9M Riyals in Q3 2026
The Saudi Investment Bank's profits declined in the third quarter of 2026 by 2.22% year-over-year, with net profit reaching 506.9 million riyals compared to 518.4 million riyals in the same period of 2025. This decrease is attributed to a 2.2% rise in operating expenses, despite a 0.3% growth in operating income, supported by an increase in income from commissions on financing and investments. Over the nine months, net profit increased by 1.52% to 1.558 billion riyals, with customer deposits rising by 14.84% to 120.761 billion riyals, and earnings per share improving to 0.91 riyals.
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