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Bank AlJazira Reports 20.6% Profit Growth, Reaching SAR 1.2 Billion by End of 2024

02 Feb 2025
Riyadh -Maaal

اقرأ المزيد

Bank AlJazira announced a 20.6% increase in net profit for 2024, reaching SAR 1.2 billion, compared to SAR 1 billion in the previous year. The announcement follows the release of the bank’s annual financial results for the year ending December 31, 2024.

Total operating profit for 2024 stood at SAR 3.7 billion, reflecting a 13.3% increase from SAR 3.3 billion in the prior year.

Shareholders’ equity (excluding non-controlling interests) grew 4.7%, reaching SAR 17.2 billion, compared to SAR 16.4 billion in 2023.

Earnings per share for the year rose to SAR 1.01, up from SAR 0.86 in the previous year.

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