Riyad Bank Reports SAR 10.41B Net Profit in 2025
RIBL 1010.SA | 29.22 | -1.02% |
On 2026-02-02 15:40:33 (Saudi Time), Riyad Bank 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 | 24,155,057 | 21,628,218 | 11.68 | ||
| Total Income From Special Commission of Investment | 2,927,834 | 2,553,908 | 14.64 | ||
| Net Income From Special Commission of Financing | 12,087,375 | 11,564,274 | 4.52 | ||
| Net Income From Special Commission of Investment | 984,131 | 1,308,993 | -24.82 | ||
| Total Operations Profit (Loss) | 18,381,116 | 17,284,531 | 6.34 | ||
| Net Profit (Loss) before Zakat and Income Tax | 11,607,707 | 10,396,938 | 11.64 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 10,410,951 | 9,321,894 | 11.68 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 11,076,605 | 9,754,208 | 13.56 | ||
| Assets | 519,481,291 | 451,402,881 | 15.08 | ||
| Investments | 79,512,892 | 70,120,446 | 13.39 | ||
| Loans And Advances Portfolio (Financing And Investment) | 373,304,812 | 320,089,491 | 16.62 | ||
| Clients' deposits | 331,721,047 | 306,423,391 | 8.26 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 64,105,257 | 59,007,482 | 8.64 | ||
| Total Operating Expenses Before Provisions for Credit and Other Losses | 5,432,826 | 5,285,601 | 2.79 | ||
| Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net | 1,374,391 | 1,632,346 | -15.8 | ||
| Profit (Loss) per Share | 3.29 | 3.01 | |||
| All figures are in (Thousands) 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 (Thousands) 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 | The special commission income increased by 12.0% due to an increase in special commission income from loans and advances, investments, and due from banks. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is |
Net income increased by 11.7% mainly due to an increase in total operating income and a decrease in total operating expenses.
Total operating income increase was due to an increase in fee and commission income net, trading income, net, net special commission income, gains on non-trading investments, net, other operating income, partially offset by decrease in exchange income, dividend income.
The total operating expenses decrease was due to a decrease in impairment charge for credit losses, net, other general and administrative expenses, and impairment charge for other financial assets, net, partially offset by an increase in other operating expenses, salaries and employee related expenses, depreciation of property, equipment and right of use assets, rent and premises related expense, and impairment charge for investments, net. |
| 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 provision of expected credit losses and other losses decreased by 15.8% due to a decrease in impairment charge of credit losses, net, and impairment charge for other financial assets, net, partially offset by an increase in impairment charge for investments, net. |
| 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) | N/A |
| Reclassification of Comparison Items | Some items have been re-classified |
| Additional Information |
Investments and other reserves balances for the comparative period (31 December 2024) have been restated.
Basic and diluted earnings per share for the year ended December 31, 2025, are calculated on a weighted average basis by dividing the net income adjusted for Tier 1 sukuk costs for the year, by 2,991 million shares (2024: 2,995 million shares), after excluding treasury shares. |
Year-on-Year Performance Drivers
Riyad Bank's net profit increased by 11.68% YoY to SAR 10,410.95 million, primarily driven by a 6.34% growth in total operations profit to SAR 18,381.12 million. This improvement resulted from a 12.0% increase in special commission income from loans, advances, investments, and due from banks, alongside higher fee and commission income. Additionally, a 15.8% reduction in credit loss provisions to SAR 1,374.39 million contributed to the stronger performance, while the bank's asset base expanded by 15.08% to SAR 519,481.29 million.
Other Items
Auditors issued an unmodified opinion on the financial statements. The bank reported total assets of SAR 519,481,291 thousand, representing a 15.08% increase from the previous year. Loans and advances portfolio grew by 16.62% to SAR 373,304,812 thousand, while client deposits increased by 8.26% to SAR 331,721,047 thousand. Total shareholders' equity rose by 8.64% to SAR 64,105,257 thousand. The bank noted that some comparative items have been reclassified, and investments and other reserves balances for December 31, 2024 have been restated.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92933&anCat=1&cs=1010&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.