Arab National Bank Saudi Arabia Posts SAR 1.304 Billion Q1 2025 Profit on Asset Growth
Saudi National Bank - SNB AlAhli office building in King Abdullah, Ayman Zaid / Shutterstock.com

Arab National Bank reported first-quarter 2025 net profit of SAR 1.304 billion, a 5.5% rise compared with the corresponding period of the prior year.

Earnings per share for the quarter reached SAR 0.65, up 4.8% year-on-year, according to its interim financial statements.

BALANCE SHEET EXPANDS ACROSS DEPOSITS AND ASSETS

Total assets grew 13.6% year-on-year to SAR 264.7 billion. Customer deposits rose 12.1% over the same period to SAR 195.6 billion.

Net special commission income rose 2.1% year-on-year to SAR 1.97 billion, well behind balance sheet growth, while net fee and commission income climbed 38% to SAR 281 million. Total operating income rose 9.6% to SAR 2.53 billion, while net expected credit loss charges increased to SAR 205 million from SAR 162 million.

The CET1 capital ratio stood at 16.6%. The non-performing loan ratio was 1.34%.

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