Alinma Bank Saudi Arabia Reports SAR 1.508 Billion Q1 2025 Net Profit, Up 14.7%, as Financing Portfolio Hits SAR 209 Billion

Alinma Bank reported net profit of SAR 1.508 billion for the first quarter of 2025, a 14.7% increase year-on-year, according to its earnings announcement. Return on assets stood at 2.14% and return on equity at 18.03%.

Net financing income rose 13.5% year-on-year to SAR 2.283 billion.

FINANCING PORTFOLIO AND DEPOSITS

The net financing portfolio reached SAR 209 billion, a 15.9% increase year-on-year. Customer deposits rose 15.8% year-on-year to SAR 218.8 billion.

The NPL coverage ratio stood at 156.41%, a level well above 100%, meaning provisions exceed the non-performing book, and impairment charges fell 14.4% year-on-year.

Alinma Bank was established in 2006 as a full-service Islamic bank in Saudi Arabia.