Bank Albilad Reports SAR 3,049.4M Net Profit in Year 2025
ALBILAD 1140.SA | 26.02 | -3.77% |
On 2026-02-04 15:37:41 (Saudi Time), Bank Albilad announced its Annual financial results for the year ended on December 31, 2025.
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Total Income From Special Commission of Financing | 7,419.7 | 7,089.6 | 4.66 | ||
| Total Income From Special Commission of Investment | 1,723.7 | 1,469.7 | 17.28 | ||
| Net Income From Special Commission of Financing | 3,468.9 | 3,417.9 | 1.49 | ||
| Net Income From Special Commission of Investment | 1,282.6 | 1,015.7 | 26.28 | ||
| Total Operations Profit (Loss) | 6,191.9 | 5,671.9 | 9.17 | ||
| Net Profit (Loss) before Zakat and Income Tax | 3,399.5 | 3,128.8 | 8.65 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 3,049.4 | 2,806.5 | 8.65 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 3,015.1 | 2,603.6 | 15.8 | ||
| Assets | 172,972.1 | 154,964.7 | 11.62 | ||
| Investments | 31,123 | 25,032.1 | 24.33 | ||
| Loans And Advances Portfolio (Financing And Investment) | 122,188.5 | 109,304.1 | 11.79 | ||
| Clients' deposits | 132,879.1 | 121,776.2 | 9.12 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 21,355.9 | 16,693.2 | 27.93 | ||
| Total Operating Expenses Before Provisions for Credit and Other Losses | 2,611 | 2,413.4 | 8.19 | ||
| Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net | 181.4 | 129.7 | 39.86 | ||
| Profit (Loss) per Share | 1.99 | 1.88 | |||
| All figures are in (Millions) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Millions) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the special commission income during the current year compared to the last year is | Net income from investing and financing assets increased by 7%, which is mainly due to increase in the income from investing and financing assets by 7%, however, the return on deposits and financial liabilities increased by 6%. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is |
Net income has increased due to the increase in total operating income by 9%, which is mainly due to the increase in net income from investing and financing assets, other operating income, net fee and commission income, net gain on FVSI investments and dividend income. However, net exchange income has decreased.
Total operating expenses have increased by 10%, which is mainly due to the increase in other general and administrative expenses, salaries and employee related benefits, net impairment charge for expected credit losses and depreciation & amortization. |
| The reason of the increase (decrease) in the total net provision of expected credit losses and other losses (reversing entry) during the current year compared to the last year is | Net impairment charge for expected credit losses increased by 40%, which is mainly due to increase in net impairment charge for expected credit losses on financing. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | None |
| Reclassification of Comparison Items | Some items have been reclassified |
| Additional Information | Earnings per share is calculated by dividing the net income after zakat for the year ended 31 December 2025 and 31 December 2024 (after deduction of Tier 1 sukuk costs) by the weighted average outstanding number of shares adjusted for treasury shares, which is 1,491 million shares. |
Year-on-Year Performance Drivers
Bank Albilad's total operating profit increased by 9.17% YoY to SAR 6,191.9 million, driven by a 7% increase in net income from investing and financing assets. Net profit attributable to shareholders grew by 8.65% to SAR 3,049.4 million, supported by higher net fee and commission income, net gain on FVSI investments, and dividend income, despite a 10% increase in operating expenses and a 39.86% rise in impairment charges for expected credit losses.
Other Items
Bank Albilad received an unmodified audit opinion for its 2025 annual financial results. The bank's total assets grew by 11.62% to SAR 172,972.1 million, with loans and advances portfolio increasing by 11.79% to SAR 122,188.5 million. Client deposits rose by 9.12% to SAR 132,879.1 million. Total shareholders' equity increased significantly by 27.93% to SAR 21,355.9 million. The bank reported that some comparative items have been reclassified in the financial statements. Earnings per share was calculated at SAR 1.99, based on 1,491 million weighted average outstanding shares adjusted for treasury shares.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92978&anCat=1&cs=1140&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.