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مباشر
Alistithmar Q3 profits fall to 506.9M
The Saudi Investment Bank's 2026 earnings report shows a decrease in net profits for the third quarter by 2.22% year-over-year, reaching 506.9 million SAR compared to 518.4 million SAR in the same period last year. The main reason for this decline is a 2.2% increase in operating expenses, despite a 0.3% rise in operating income. The results also indicated that the total income from private commissions on financing fell by 21.76%, while income from commissions on investments increased by 117.37%. Over the first nine months, net profit amounted to 1.558 billion SAR, up 1.52% from the previous year, supported by a 14.84% increase in customer deposits to 120.76 billion SAR. Financial results remained strong, with improvements in commission income, growth in customer deposits, and annual profits, despite the quarterly decline in profits and operating profit.
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