Riyad Bank reported net profit attributable to shareholders of SAR 2.649 billion for the second quarter of 2026, up 2.0% from SAR 2.597 billion a year earlier and 1.4% higher than in the first quarter, according to its disclosure on the Saudi Exchange on 20 July.
For the first half, net profit rose 3.54% to SAR 5.263 billion from SAR 5.083 billion.
INCOME UP, PROVISIONS HIGHER
Total operating income was SAR 4.736 billion in the quarter, up 4.8%, and SAR 9.350 billion in the half, up 3.6%. The bank said special commission income rose on higher loans, advances and investments, and trading and dividend income also increased, partly offset by lower fee income. In the second quarter, net credit-loss provisions and other losses rose 29.2%.
BALANCE SHEET
At 30 June, total assets were SAR 533.6 billion, up 8.5% year on year. Customer deposits rose 9.9% to SAR 348.3 billion, loans and advances rose 6.5% to SAR 377.6 billion, and investments were up 26.5% at SAR 92.5 billion. Shareholders’ equity rose 9.9% to SAR 67.5 billion.
Sources: Riyad Bank Q2 2026 results (Saudi Exchange filing); Riyad Bank interim condensed consolidated financial statements for the period ended 30 June 2026.