Al-Riyad Bank Q3 profit hits 2.86bn
Alriyad Bank recorded an increase in its net profits during the third quarter of 2026, reaching 2.86 billion Riyals, which is a 6.64% rise compared to the same period last year and an 8.2% increase from the previous quarter. This was driven by higher operating income, especially from net trading income, commissions, and currency exchange, despite higher allocated expenses and the aging of some assets. For the first nine months, net profits amounted to 8.13 billion Riyals, representing a growth of 4.61% compared to the same period last year, supported by increased total income and in line with the bank's improving performance.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)