Riyad Bank sees higher profits in 9M-26; operating income up 5%

RIBL
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Riyadh – Mubasher: The net profits attributable to the shareholders of Riyad Bank amounted to SAR 2.87 billion in the third quarter (Q3) of 2026.

This represents a 6.64% increase compared to the SAR 2.69 billion recorded during the same period in the previous year. The bank’s performance was primarily driven by a rise in total operating income, which offset an uptick in operating expenses and higher impairment charges.

At the end of September 2026, the bank’s performance showed a robust growth trajectory across several key metrics.

Riyad Bank reported a net profit of SAR 8.13 billion, up 4.61% from the SAR 7.77 billion earned during the same period in 2025. Total operating income for the nine-month period rose by 4.98% to SAR 14.40 billion.

The earnings per share (EPS) for the first nine months of 2026 improved to SAR 1.92, compared to SAR 1.85 in the prior year.

Total operating income reached SAR 5.05 billion, a 7.61% increase from the SAR 4.69 billion reported in Q3-25.

Special commission income from investments saw a significant year-on-year (YoY) surge of 28.25%, reaching SAR 950.97 million.

Conversely, special commission income from financing activities experienced a slight contraction of 2.36%, totaling SAR 6.15 billion.

On a quarterly basis, the bank’s net profit rose by 8.18% compared to Q2-26, supported by a 6.65% increase in total operating income.

Source: Mubasher Source: {{details.article.source}}