Abdullah Al Rajhi: Alrajhi bank’s Net Profit rises by 30% to reach SAR 18,417 mil-lion for the first nine months of 2025

Abdullah bin Sulaiman Al Rajhi, Chairman of Alrajhi Bank

Alrajhi bank recorded a net profit of SAR 18,417 million for the first nine months of 2025, reflecting a 30% increase compared to the same period in 2024. The Bank achieved solid results across all key indicators that highlight the Bank’s leadership as one of the key financial institution in the region and its continued ability to deliver sustainable growth through effective execution of its strategy. The bank’s total operating income for the period reached SAR 28,685 million, representing a 23% rise year-on-year. Total assets expanded to SAR 1,059 billion, marking a 17% annual increase. Financing and investment portfolios continued to strengthen the Bank’s position, with financing growing by 16% and investments by 11% reaching SAR 756 billion and almost SAR 180 billion, respectively. Customer deposits reached SAR 670 billion, underscoring the continued confidence and trust of customers in the Bank’s stability and service excellence.

Alrajhi bank maintained strong profitability and efficiency levels, achieving a return on assets of 2.4% and a return on shareholders’ equity of 23.5%, while earnings per share stood at SAR 4.34. The coverage ratio for non-performing loans remained above 150%, reflecting the Bank’s disciplined approach to risk management and adherence to international best practices.

Mr. Abdullah bin Sulaiman Al Rajhi, Chairman of Alrajhi bank, stated that these results build on the strong performance recorded in the first half of 2025 and reaffirm the success of the “harmonize the group” strategy. He explained that this strategy promotes greater synergy across business units and subsidiaries to deliver added value to customers and shareholders. Mr. Al Rajhi emphasized that the Bank continues to invest in digital transformation and financial innovation as two key pillars for sustainable growth and economic inclusion, fully aligned with the objectives of Saudi Vision 2030.

He further noted that during the third quarter of 2025, Alrajhi bank successfully issued a USD 1 billion Tier 2 Social Sukuk, marking its first-ever Tier 2 issuance in international debt markets. This Shariah-compliant Sukuk forms part of the Bank’s Sustainable Finance Framework and received strong demand from global investors, reflecting Alrajhi bank’s robust financial credibility in the global markets.

Mr. Al Rajhi said. “Sustainability for us is a deeply rooted institutional commitment, and we continue investing in impactful community initiatives for several sectors such as education, healthcare, and social development, which emphasize the bank’s leadership in applying best ESG practices and indicate our contributions as an active participant in the national development. Throughout 2025, Alrajhi bank continued to strengthen its role as a responsible corporate citizen by implementing many initiatives that improved thousands of lives across the Kingdom. Among the most notable was the “Dar Shahm” housing program, launched to build 50 housing units for the families of martyrs on land owned by beneficiaries of the Martyrs’ Fund. This initiative, the first of its kind in Saudi Arabia, reflects the Bank’s appreciation for their sacrifices and its commitment to supporting family stability.

As part of its ongoing efforts to empower community members and enhance economic participation, the bank contributed in 2025 to supporting social employment programs, resulting in the hiring of 668 new employees from among social security beneficiaries, orphans, and released inmates. This initiative was implemented in collaboration with the Ministry of Human Resources and Social Development and several charitable organizations, reflecting the bank’s strong commitment to social responsibility, economic empowerment, and sustainable development.

In the healthcare sector, the Alrajhi bank Cardiac Catheterization Center in Al Rass continued to achieve outstanding results, performing 5,334 adult and 5,581 pediatric cardiac imaging procedures to date, in addition to 343 medical interventions, including 76 life-saving cases and 195 successful catheterization operations. The Bank is also funding the construction of a diabetes treatment center in Al Qassim and supporting the Physical Therapy, Rehabilitation, and Anti-Smoking Center at Turaif General Hospital, which has served more than 40,800 cases. The Anti-Smoking Center has provided services to more than 5,261 beneficiaries since its establishment. Also, as part of its community engagement, the Bank organized several blood donation campaigns under the Crown Prince’s National Blood Donation Initiative, attracting more than 8,000 donors in 2025.

Mr. Al Rajhi concluded that the first nine months results demonstrate the collective partnership between our shareholders, customers, and employees. We remain dedicated to advancing national economic growth, investing in the digital future, and contributing to Vision 2030’s objectives.”