Saudi Arabia’s Al Rajhi Bank reported a 13.3% increase in net profit for the first nine months of 2026, reaching 20.87 billion riyals ($5.57 billion), compared with 18.42 billion riyals a year earlier.
Operating income rose 13.4% to 32.53 billion riyals, while income from investments and financial activities increased 16.7% to 25.33 billion riyals. Total provisions rose 39.5% to 2.36 billion riyals.
Third-quarter net profit increased 11.7% to 7.11 billion riyals from 6.36 billion riyals in the same period last year. Quarterly operating income grew 12.5% to 11.12 billion riyals, while income from investments and financial activities climbed 18.1% to 8.61 billion riyals.
At the end of September, the bank’s total assets stood at 1.08 trillion riyals, up 1.8% from a year earlier. Customer deposits increased 0.9% to 700.28 billion riyals, while financing investments rose 2.5% to 774.86 billion riyals.
