Riyadh – Mubasher: Banque Saudi Fransi registered an annual rise of 7.60% in net profit to SAR 4.54 billion in 2024, compared to SAR 4.22 billion.
The bank reported clients' deposits amounting to SAR 185.11 billion at the end of December 2024, up 7.50% from SAR 172.20 billion in 2023, according to the financial results.
Earnings per share (EPS) reached SAR 1.72 in the 12-month period that ended on 31 December 2024, compared to SAR 1.61 a year earlier.
Total assets hiked by 15.42% to SAR 292.77 billion as of 31 December 2024 from SAR 253.66 billion in 2023, while the investments jumped by 23.67% to SAR 60.28 billion from SAR 48.75 billion.
In the nine-month period that ended on 30 September 2024, Banque Saudi Fransi’s net profits inched up by 0.94% year-on-year (YoY) to SAR 3.42 billion from SAR 3.93 billion.
