Bank AlJazira Q1 Profit Rises 20.2% to SAR 361 Mln

Bank AlJazira announced on Thursday a 20.2% increase in net profit for the first quarter, reaching SAR 361 million, up from SAR 300.4 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 income rose 21.4% in the first quarter to SAR 1.07 billion, compared to SAR 888.3 million in the same quarter last year.

Total equity (excluding non-controlling interests) in the three-month period stood at SAR 18.8 billion, up 14.7% from SAR 16.4 billion in the year-ago period.

Profits per share for the current period rose to SAR 0.28 from SAR 0.23 a year earlier.