Al Rajhi Bank Q2 Profit Rises 31% to SAR 6.1 Billion

Al Rajhi Bank reported a net profit of SAR 6.1 billion for the second quarter of 2025, compared to SAR 4.7 billion in the same period last year — a 31% increase. The announcement followed the release of the bank’s preliminary financial results for the six-month period ending June 30, 2025.

Total operating income for the quarter reached SAR 9.6 billion, up from SAR 7.6 billion in Q2 2024, reflecting a 25.7% year-on-year increase.

Earnings per share stood at SAR 2.86 in Q2 2025, versus SAR 2.16 in the same quarter of the previous year.

According to the bank, the profit growth was primarily driven by the rise in total operating income, which was supported by increased net financing and investment income, higher banking service fees, gains from other operations, and foreign exchange income.

Meanwhile, total operating expenses — including provisions for credit losses — increased by 13.7%. This was attributed to higher depreciation costs, employee salaries and benefits, and general and administrative expenses. The provision for credit losses rose 31.9%, from SAR 455 million to SAR 600 million.