Bank Albilad Q1 Profit Rises 8.9% to SAR 700.4 Mln

Bank Albilad reported on Sunday an 8.9% increase in net profit for the first quarter of 2025, reaching SAR 700.4 million, compared to SAR 643.1 million in the same quarter last year. This came after today’s announcement of the preliminary financial results for the (three-month) period ending March 31, 2025.

Total operational profit in the first quarter rose 9.1% year-on-year to SAR 1.46 billion, up from SAR 1.34 billion in the same quarter last year.

Total equity (excluding non-controlling interests) reached SAR 17.5 billion in the three-month period, compared to SAR 15.7 billion in the same period last year, marking a 12% increase.

Profits per share for the current period stood at SAR 0.56, up from SAR 0.52 in the same period last year.