Riyadh – Mubasher: The Saudi Investment Bank (SAIB) generated net profits valued at SAR 1.56 billion in the first nine months (9M) of 2026, an annual rise of 1.52% from SAR 1.53 billion.
The performance was backed by a 1.45% growth in total operating income, which reached SAR 3.21 billion, supported by higher net special commission income and fee income from banking services.
SAIB’s balance sheet showed total assets of SAR 189.93B as of September 30, 2026, an increase of 8.50% year-on-year (YoY).
Customer deposits grew by 14.84% to SAR 120.76 billion, while the loan and advances portfolio expanded by 7.65% to reach SAR 119.04 billion.
Earnings per share (EPS) hit SAR 0.91 at the end of September 2026, compared to SAR 0.90 in the previous year.
For the third quarter (Q3) of 2026, net profit reached SAR 506.90 million, a decrease of 2.22% compared to SAR 518.40 million in Q3-25.
Total operating expenses for Q3 climbed to SAR 438.30 million, while net impairment charges for expected credit losses fell by 10.91% to SAR 53.90 million due to improved asset quality.
SAIB logged a net profit of SAR 1.05 billion at the end of June 2026, an annual rise of 3.44% from SAR 1.02 billion.
