Derayah 9M 2026 earnings dip 3% to SAR 303.16M; Q3 at SAR 105.37M

Derayah Financial Co. reported a net profit of SAR 303.16 million in the first nine months of 2026, down 3% from SAR 311.16 million a year earlier.

The company attributed the decline in profit to a 14.9% increase in operating expenses, driven by continued investment in strategic initiatives aligned with the company’s 2030 guidance. Although these investments negatively affected profitability during the current period, they aim to strengthen the company’s operational and technological capabilities, develop its products and services, and expand its business, supporting long-term growth.

Derayah also cited a 3.1% decline in operating profit to SAR 399.9 million, as operating expenses increased at a faster pace than revenue, which grew by 4.0%.

This was partially offset by a 4% increase in revenue to SAR 710.8 million, driven by strong growth in special commission income, despite lower revenue from the brokerage and asset management segments.

The company also reported a decline in the company's share of losses from D360 Bank, mitigating the impact of lower operating profit on net profit.

In Q3 2026, Derayah posted a 5.7% increase in net earnings to SAR 105.37 million from SAR 99.68 million in the prior-year period, on higher revenue driven by higher special commission income.

Compared to Q2 2026, net earnings grew by 4.6% from SAR 100.75 million.

Shareholders’ equity, no minority interest, reached SAR 1.26 billion as of Sept. 30, 2026, compared to SAR 1.15 billion a year earlier.

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