Abdullah Al Rajhi: marking a 32% growth Alrajhi Bank recorded a net income of 12,057 Million SAR in the first half of 2025

Abdullah bin Sulaiman Al Rajhi, Chairman of alrajhi bank

Alrajhi bank has announced its financial results for the first half of 2025, reporting a net income of SAR 12,057 million—an increase of 32% compared to SAR 9,103 million during the same period in 2024. This reflects the bank's strong operational performance and continued growth supported by its ambitious strategy.

Total operating income reached approximately SAR 18,803 million, growing by 26% year-on-year. This was driven by higher net financing and investment income, along with an increase in revenue from banking service fees. Income from financing and investments grew by 25%, while fee and foreign exchange income saw a rise of 24%.

The bank’s total assets grew to SAR 1,039 billion, representing a year-on-year increase of 20%. The financing portfolio expanded by 19%, while the investment portfolio grew by 19%. Customer deposits reached SAR 642 billion, as a result of our customer continuous trust and loyalty.

The bank also achieved a return on assets of 2.4% and a return on shareholders' equity of 23.5%. Earnings per share amounted to 2.86 Saudi riyals, while the bank maintained a strong coverage ratio for non-performing loans of more than 150%, as part of an effective risk management strategy.

Commenting on the results, Mr. Abdullah bin Sulaiman Al Rajhi, Chairman of alrajhi bank's Board of Directors, stated: “We are advancing steadily in our innovation and digital transformation agenda—two core pillars of our strategy to drive long-term growth and excellence.”

He added: "We believe that the effectiveness of the “harmonize the group” strategy, which enhances integration between business units and subsidiaries, is what enables us to provide distinguished products and services and added value to our customers and shareholders. We will continue to build on what has been achieved to achieve further accomplishments."

Mr. Al Rajhi also reaffirmed the bank’s deep commitment to social responsibility, citing continued support for impactful initiatives such as the “Educational Orphan Care Program,” now in its fourth year, alongside broader efforts in education, healthcare, and community development. These contributions are in alignment with the Kingdom’s Vision 2030 goals and reflect the bank’s role as a socially conscious corporate citizen.

In the first half of 2025, the bank supported the employment of 477 beneficiaries under the Ministry of Human Resources and Social Development’s Empowerment Program. It also expanded its academic guidance program for students under the orphan care initiative, offering regular educational follow-ups, skill-building courses, and tutoring support to help them succeed academically and professionally.

In healthcare, the alrajhi bank Cardiac Catheterization Center at Al Rass General Hospital treated over 293 cases—including 76 critical cases—and performed 195 procedures in its first operational phase. The bank also partnered with King Faisal Specialist Hospital to launch the “Your Donation, Tomorrow’s Hope” blood donation campaign, with over 100 donors participating across its headquarters in Riyadh and Medina.

Further highlighting its leadership in sustainability, alrajhi bank’s ESG rating was upgraded by MSCI from “A” to “AA”, positioning it among the top five companies in the GCC region and a front-runner in the Kingdom’s banking sector. This recognition underscores the bank’s adherence to the highest environmental, social, and governance standards.

Mr. Abdullah Al Rajhi concluded by expressing his appreciation to the shareholders for their unwavering trust and to all employees for their dedication and contribution to the bank’s exceptional first-half results.