Derayah Financial profit hits SAR 400.2M in 2025; Q4 at SAR 87.2M

Derayah Financial Co.’s profits declined to SAR 400.2 million by the end of 2025, compared to SAR 443.9 million in 2024.

Operating expenses (OpEx) surged 12.6%, primarily due to the launch of the company’s employee share ownership program (ESOP) during 2025 that contributed approximately SAR 55 million to OpEx.

At the same time, the company continued investing in business development and strengthening its operational infrastructure, including increased spending on IT and cybersecurity, as well as higher marketing expenses in line with the expansion of digital marketing channels and client acquisition efforts. As a result, the cost-to-income ratio (CIR) increased to 43.4% in 2025.

In addition, the company recorded a loss from its share in an associate amounting to SAR 132.1 million from its investment in D360 Bank during 2025, compared with SAR 72 million in 2024.

However, revenue rose 6.4% year-on-year (YoY) to SAR 934.5 million in 2025, reflecting the resilience of its financial performance and its ability to sustain revenue growth across diversified income streams, despite the decline in the local equity market.

Derayah Financial also recorded strong net inflows, which contributed to a 30.6% increase in assets under management (AUM) to SAR 22.5 billion by the end of 2025, compared with SAR 17.2 billion in 2024.

Special commission income declined 5.7%, despite a 10.5% increase in assets under custody (AUC).

This growth was supported by the continued expansion of the client base and higher overall trading activity in both local and international markets.

Nevertheless, performance was primarily affected by lower interest rates, which negatively impacted income from banking returns and led to a decline in average margins.

Excluding losses from associates, net profit reached SAR 532.2 million in 2025, representing a 3.2% increase compared with SAR 516 million in 2024.

Q4 2025 net earnings fell 19% to SAR 87.2 million from SAR 107.6 million a year earlier.

Sequentially, the three-month net earnings declined 12.5% from SAR 99.7 million in Q3 2025.

Shareholders’ equity (no minority interest) amounted to SAR 1.09 billion by the end of December 2025, compared to SAR 957.8 million in the same period a year ago.

Earnings per share (EPS) for the current period and the comparable period stood at SAR 1.64 per share and SAR 1.83 per share, respectively.

Attached Document:

View more financial results