1.6 Billion Riyal Net Profit for Alinma Bank at End of Second Quarter 2026
Alinma Bank's net profit for the second quarter of 2026 rose by 1.4% to 1.6 billion riyals, compared to a net profit of 1.57 billion riyals in the same quarter of the previous year.
According to a statement on the Saudi Stock Exchange (Tadawul), the increase in net income is attributed to a 6.2% rise in total operating income, mainly due to an increase in net income from financing and investment, and income from fair value measurement of investments, offset by a decrease in foreign currency exchange income, banking service fee income, and other operating income.
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For the period ended June 30, 2026 (six months), Alinma Bank's net profit reached 3.27 billion riyals, compared to 3.8 billion riyals in the same period of the previous year, representing an increase of 6.2%.
Original source: Al-Yaum
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