SNB Posts SAR 6.1 Bln Q2 Profit, up 17.3%

The Saudi National Bank (SNB) reported on Monday a net profit of SAR 6.1 billion for the second quarter of 2025, up 17.3% from SAR 5.2 billion in the same quarter a year earlier. The Bank announced its estimated financial results for the (six-month) period ending June 30, 2025.

Total operational profit reached SAR 9.5 billion in Q2 2025, compared to SAR 8.9 billion in the year-earlier quarter, a 6.6% increase.

Profits per share rose to SAR 1.95 in the second quarter, up from SAR 1.66 in the same period last year.

The Bank attributed the increase in Q2 2025 net income attributable to shareholders to a rise in net income from financing and investments, growth in total operating income, and a decline in the net provision for expected credit losses.