Saudi banks’ profits rise 17.4% to SAR 23 billion in Q2… Al Rajhi Bank is the most profitable and fastest growing bank

By: Mamdoh Almalki

The total profits of the 10 Saudi banks listed on the Saudi Stock Exchange (Tadawul) rose to approximately SAR 23 billion in the second quarter of 2025, a 17.4% increase compared to the second quarter of 2024, which was SAR 19.5 billion.

In terms of total profits, Al Rajhi Bank topped the list with a total of SAR 6.15 billion, compared to SAR 4.69 billion in the same quarter of 2024. National Commercial Bank (NCB) came in second place with a total profit of SAR 6.13 billion, compared to SAR 5.2 billion in the same quarter of 2024. Riyad Bank came in third place with a total profit of SAR 2.59 billion, compared to SAR 2.33 billion in the same period of 2024 last year. It was followed in fourth place by the Saudi First Bank, with a total profit of SAR 2.12 billion, compared to SAR 2.01 billion in the same quarter. Alinma Bank came in fifth place, with a total profit of SAR 1.57 billion, compared to SAR 1.41 billion in the second quarter of 2024. Banque Saudi Fransi came in sixth place, with a total profit of SAR 1.4 billion, compared to SAR 1.12 billion in the second quarter of last year. Arab National Bank came in seventh place, with a total profit of SAR 1.33 billion, compared to SAR 1.23 billion in the same quarter of 2024. Bank Albilad came in eighth place, with a total profit of SAR 765 million, compared to SAR 670.8 million in the same quarter of 2024. The Saudi Investment Bank came in ninth place, with a total profit of SAR 512.5 million, compared to SAR 486 million in the second quarter of last year. Finally, Bank Aljazira came in last place, with a total profit of SAR 382 million, compared to SAR 317.6 million in the second quarter of 2024. In terms of the highest growth in profits, Al Rajhi Bank came first with a growth rate of 31%, followed by Banque Saudi Fransi with a growth rate of 24.2%, Bank Aljazira came third with 20.3%, National Commercial Bank came fourth with 17.3%, Bank Albilad came fifth with 14%, Alinma Bank came sixth with 11.3%, Riyad Bank came seventh with 11.1%, Arab National Bank came eighth with 8.5%, then Saudi Investment Bank with 5.4%, followed by First Saudi Bank with 5%.