Bank Albilad profits boost assets 3.4%
Albilad Bank achieved a net profit of 792 million SAR during the first quarter of 2026, representing a 3.4% increase compared to the same period last year. This growth is attributed to a 5% rise in operating income, driven by higher returns from investment and financing assets, despite a decline in fee and commission profits and fair value gains. Operating expenses increased by 6%, mainly due to higher administrative expenses and salaries. Additionally, financing profits grew by 8.5% to reach 911 million SAR, while investment and debt assets totaled 36 billion SAR. This demonstrates the bank's ongoing efforts to enhance its financial performance and achieve sustainable growth.
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