Riyad Bank Reports SAR 7.77B Net Profit in Q3 2025
RIBL 1010.SA | 29.22 | -1.02% |
On 2025-10-20 15:48:59 (Saudi Time), Riyad Bank announced its Interim financial results for the nine months ended on September 30, 2025. For the period, the company recorded revenue of SAR 7,770.03 million (up 9.986% YoY) and a net profit of SAR 7,770.03 million.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Total Income From Special Commission of Financing | 6,301,856 | 5,548,283 | 13.582 | 5,831,581 | 8.064 |
| Total Income From Special Commission of Investment | 741,482 | 651,580 | 13.797 | 736,231 | 0.713 |
| Net Income From Special Commission of Financing | 2,985,309 | 2,945,831 | 1.34 | 2,893,724 | 3.164 |
| Net Income From Special Commission of Investment | 199,131 | 347,526 | -42.7 | 305,928 | -34.909 |
| Total Operations Profit (Loss) | 4,693,315 | 4,544,895 | 3.265 | 4,520,131 | 3.831 |
| Net Profit (Loss) before Zakat and Income Tax | 2,996,231 | 2,959,213 | 1.25 | 2,895,104 | 3.493 |
| Net Profit/(Loss) | 2,687,401 | 2,654,086 | 1.255 | 2,596,620 | 3.496 |
| Total Comprehensive Income | 2,939,049 | 3,230,161 | -9.012 | 2,765,412 | 6.278 |
| Total Operating Expenses Before Provisions for Credit and Other Losses | 1,367,405 | 1,307,397 | 4.589 | 1,325,888 | 3.131 |
| Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net | 336,003 | 286,021 | 17.474 | 309,464 | 8.575 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
Year-on-Year Performance Drivers
Riyad Bank's total income from special commission increased by 12.9% YoY to SAR 19.96 million, driven by growth in loans and advances, due from banks, and investments. Net profit rose by 10.0% YoY to SAR 7.77 million, primarily due to higher total operating income from increased fee and commission income, trading income, and net special commission income. This growth was partially offset by a 12.3% increase in net provision for expected credit losses and other losses, mainly due to higher impairment charges for other financial assets.
Quarter-on-Quarter Performance Drivers
QoQ net profit increased by 3.5% to 2.69 million, driven by higher total operating income and lower operating expenses. The improvement came from increased fee and commission income, gains on disposal of non-trading investments, and trading income. Credit loss provisions increased by 8.6% QoQ due to higher impairment charges for credit losses, other financial assets, and investments.
Other Items
Riyad Bank's interim financial results for the period ending September 30, 2025, received an Unmodified Conclusion from external auditors. The bank's total assets reached SAR 507,566,031 thousand, representing a 16.999% increase from the previous year. The loans and advances portfolio grew by 20.676% to SAR 368,554,119 thousand, while client deposits increased by 10.844% to SAR 325,412,738 thousand. The bank noted that "Investments and other reserves balances for the comparative period (30 September 2024) have been restated." Earnings per share for the nine-month period was SAR 2.46, calculated on a weighted average basis of 2,993 million shares after excluding treasury shares.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=90806&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.