Riyadh – Mubasher: The Saudi National Bank (SNB) logged net profits amounting to SAR 21.19 billion in 2024, an annual rise of 5.91% from SAR 20.01 billion.
The lender posted clients' deposits valued at SAR 579.76 billion as of 31 December 2024, down 1.74% from SAR 590.05 billion a year earlier, according to the financial results.
Earnings per share (EPS) increased to SAR 3.44 last year from SAR 3.23 in 2023.
Assets grew by 6.47% to SAR 1.10 trillion as of 31 December 2024 from SAR 1.03 trillion a year earlier, while the investments climbed by 8.68% to SAR 292.48 billion from SAR 269.12 billion.
In the first nine months (9M) of 2024, SNB’s net profits increased by 3.91% to SAR 15.63 billion from SAR 15.04 billion in 9M-23.
