Riyad Bank is powering through 2025 with profits on the rise and balance sheets swelling. The Saudi lender posted a 9.98% year-on-year increase in net earnings, reaching SAR 7.77 billion ($2.07 billion) in the first nine months of the year, up from SAR 7.06 billion a year earlier.
Earnings per share nudged higher to SAR 2.46, signaling steady performance across its portfolio. The bank’s asset base also expanded notably, climbing nearly 17% to SAR 507.56 billion by the end of September, from SAR 433.81 billion in the same period last year.
Investments advanced by more than 11%, totaling SAR 74.26 billion, while client deposits grew to SAR 325.41 billion — an increase of nearly 11% compared to the prior year.
For the third quarter alone, Riyad Bank recorded SAR 2.68 billion in profit, slightly higher than the SAR 2.65 billion posted in the same quarter of 2024, and up 3.49% from the preceding quarter.
The figures underline Riyad Bank’s resilience amid shifting market dynamics, cementing its position as one of the kingdom’s strongest financial performers this year.
