Riyad Bank’s Profit Rises 15% to $1.35 Billion in First Half of 2025
Riyad Bank in Saudi Arabia made a profit of $1.35 billion (SAR 5.08 billion) in the first half of 2025. This is 15.2% more than the same period last year. The increase came from stronger income from loans and investments.
Strong Growth from Lending and Investments
The bank earned $3.06 billion (SAR 11.49 billion) from lending and investment activities, up 12% from last year. Net income from these activities rose to $1.73 billion (SAR 6.48 billion), with $1.56 billion (SAR 5.86 billion) coming from loans. Income from investments grew 7.45% to $166.6 million (SAR 625 million).
Total operating profit reached $2.4 billion (SAR 9.02 billion), an 11.6% rise. This was helped by more trading income, fees, and profits from selling non-trading investments, even though dividend income decreased.
Total comprehensive income (which includes all earnings) rose by 21.4% to $1.45 billion (SAR 5.45 billion), showing the bank’s strong overall performance.
More Loans and Deposits
By June 30, 2025, Riyad Bank’s total assets grew to $130.8 billion (SAR 490.8 billion), up 21.2%. Loans and advances increased to $94.5 billion (SAR 354.5 billion), while customer deposits reached $84.45 billion (SAR 316.8 billion), a 14.8% rise.
Q2 2025 Performance
In the second quarter, the bank earned $693.1 million (SAR 2.6 billion), an 11.1% increase from last year. This came from higher income on loans and overall strong performance, even though credit loss provisions rose.
Loan-related income reached $1.55 billion (SAR 5.83 billion), up 12.1%, while investment income grew 22.4% to $196.2 million (SAR 736.2 million). Compared to the previous quarter, both areas grew slightly.
Net income from loan commissions was $770.4 million (SAR 2.89 billion), a small 1.6% rise year-on-year but slightly down from the last quarter. Investment income rose 23.7% from last year to $81.5 million (SAR 305.9 million), but dropped 4.1% from the first quarter.
Total operating profit for the quarter was $1.2 billion (SAR 4.52 billion), up 13.1% from the previous year. Net profit before tax and zakat was $773 million (SAR 2.9 billion), an 11.1% increase.
Comprehensive income rose 19.3% to $738.4 million (SAR 2.77 billion). Expenses also increased by 8.2% year-on-year but dropped compared to the previous quarter.
Credit loss provisions jumped 77.2% from last year to $82.5 million (SAR 309.5 million), though they were 14.4% lower than in the first quarter.
Dividend Announcement
Riyad Bank announced a cash dividend of $677.1 million (SAR 2.54 billion) for the first half of 2025. Shareholders will receive 23 cents (SAR 0.85) per share after Zakat. The payout will start on August 17, 2025, for shareholders listed by August 4. The Saudi Central Bank approved the payout.
Published: 22nd July 2025
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