RIYADH: Saudi Arabia’s largest lenders, including Saudi National Bank, Al Rajhi Bank and Riyad Bank, reported higher first-half earnings in 2026, driven by robust lending growth, resilient operating income and improving liquidity, bourse filings showed.
SNB, the Kingdom’s largest bank, posted a net profit of SR13.02 billion ($3.47 billion) in the first half of 2026, up 7.15 percent from the same period a year earlier.
Al Rajhi Bank reported the highest first-half profit among Saudi lenders at SR13.76 billion, marking a 14.15 percent year-on-year increase, while Riyad Bank posted net income of SR5.26 billion, up 3.54 percent.
Alinma Bank also reported strong results, with first-half net profit rising 6.24 percent year-on-year to SR3.27 billion.
Saudi banks have continued to benefit from strong credit demand as the Kingdom’s economic diversification drives lending across sectors including housing, infrastructure, tourism and corporate investment.
