Financial Results : Tasheel profit rises 11% to SAR 64.3M in Q1 2026

Tasheel profit rises 11% to SAR 64.3M in Q1 2026

08/04/2026 Argaam Exclusive

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United International Holding Co. (Tasheel) reported a net profit of SAR 64.3 million in the three months ended March 31, 2026, an increase of 11% from SAR 57.8 million in Q1 2025.

The company attributed the growth to a 17.5% increase in revenue, driven by a 21% expansion in its financing portfolio to SAR 3.2 billion on stronger demand across its products, which in turn lifted gross profit by 17.6%.



Current Quarter Comparison (M)

Compared With The
Item Q1 2025 Q1 2026 Change‬
Net income from finance commissions 153.57 180.58 17.6 %
Net Income 57.81 64.34 11.3 %
Average Shares 25.00 25.00 -
Earnings Per Share before unusual items (Riyal) 2.31 2.57 11.3 %
EPS (Riyal) 2.31 2.57 11.3 %


Financial results (Million)

Period Commission income from finance and investments Change Net income from finance commissions Change
Q1 2017 - - - -
Q2 2017 - - - -
Q3 2017 - - - -
Q4 2017 - - - -
Q1 2018 - - - -
Q2 2018 - - - -
Q3 2018 - - - -
Q4 2018 - - - -
Q1 2019 - - - -
Q2 2019 - - - -
Q3 2019 - - - -
Q4 2019 - - - -
Q1 2020 - - - -
Q2 2020 - - - -
Q3 2020 - - - -
Q4 2020 - - - -
Q1 2021 - - - -
Q2 2021 - - - -
Q3 2021 - - - -
Q4 2021 - - - -
Q1 2022 - - - -
Q2 2022 - - - -
Q3 2022 - - - -
Q4 2022 - - - -
Q1 2023 - - - -
Q2 2023 - - - -
Q3 2023 132.26 - 115.38 -
Q4 2023 140.64 - 123.34 -
Q1 2024 139.44 - 121.04 -
Q2 2024 149.82 - 130.54 -
Q3 2024 161.69 22.3 % 140.69 21.9 %
Q4 2024 172.72 22.8 % 151.51 22.8 %
Q1 2025 174.65 25.3 % 153.57 26.9 %
Q2 2025 192.40 28.4 % 168.30 28.9 %
Q3 2025 199.22 23.2 % 174.02 23.7 %
Q4 2025 203.19 17.6 % 176.76 16.7 %
Q1 2026 205.22 17.5 % 180.58 17.6 %


Profit Performance (Million)

Period Net Income Change EPS(Riyal) Extraordinary Income/Expense Net Profit Before Unusual Items EPS(Riyal)
Q1 2017 - - - - - -
Q2 2017 - - - - - -
Q3 2017 - - - - - -
Q4 2017 - - - - - -
Q1 2018 - - - - - -
Q2 2018 - - - - - -
Q3 2018 - - - - - -
Q4 2018 - - - - - -
Q1 2019 - - - - - -
Q2 2019 - - - - - -
Q3 2019 - - - - - -
Q4 2019 - - - - - -
Q1 2020 - - - - - -
Q2 2020 - - - - - -
Q3 2020 - - - - - -
Q4 2020 - - - - - -
Q1 2021 - - - - - -
Q2 2021 - - - - - -
Q3 2021 - - - - - -
Q4 2021 - - - - - -
Q1 2022 - - - - - -
Q2 2022 - - - - - -
Q3 2022 - - - - - -
Q4 2022 - - - - - -
Q1 2023 - - - - - -
Q2 2023 - - - - - -
Q3 2023 53.07 - 2.12 - 53.07 2.12
Q4 2023 55.35 - 2.21 - 55.35 2.21
Q1 2024 52.35 - 2.09 - 52.35 2.09
Q2 2024 46.82 - 1.87 - 46.82 1.87
Q3 2024 58.95 11.1 % 2.36 - 58.95 2.36
Q4 2024 64.25 16.1 % 2.57 - 64.25 2.57
Q1 2025 57.81 10.4 % 2.31 - 57.81 2.31
Q2 2025 59.80 27.7 % 2.39 - 59.80 2.39
Q3 2025 81.55 38.3 % 3.26 - 81.55 3.26
Q4 2025 74.48 15.9 % 2.98 - 74.48 2.98
Q1 2026 64.34 11.3 % 2.57 - 64.34 2.57

Profitability

Period Return On Average Assets Return on Average Equity Net Profit/Investment Income & Other Financing Operations
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 - - -
Q1 2019 - - -
Q2 2019 - - -
Q3 2019 - - -
Q4 2019 - - -
Q1 2020 - - -
Q2 2020 - - -
Q3 2020 - - -
Q4 2020 - - -
Q1 2021 - - -
Q2 2021 - - -
Q3 2021 - - -
Q4 2021 - - -
Q1 2022 - - -
Q2 2022 - - -
Q3 2022 - - -
Q4 2022 - - -
Q1 2023 - - -
Q2 2023 - - -
Q3 2023 - - -
Q4 2023 - - -
Q1 2024 - - -
Q2 2024 - - 36.93 %
Q3 2024 - 22.66 % 36.09 %
Q4 2024 10.04 % 22.20 % 35.66 %
Q1 2025 9.54 % 21.56 % 34.58 %
Q2 2025 9.55 % 21.69 % 34.33 %
Q3 2025 9.79 % 22.32 % 35.64 %
Q4 2025 9.62 % 21.81 % 35.56 %
2025 9.62 % 21.81 % 35.56 %
Q1 2026 9.49 % 21.29 % 35.02 %

Balance Sheet (B)

Period Assets Change Net Finance Investments Change
Q1 2017 - - - -
Q2 2017 - - - -
Q3 2017 - - - -
Q4 2017 - - - -
Q1 2018 - - - -
Q2 2018 - - - -
Q3 2018 - - - -
Q4 2018 - - - -
Q1 2019 - - - -
Q2 2019 - - - -
Q3 2019 - - - -
Q4 2019 - - - -
Q1 2020 - - - -
Q2 2020 - - - -
Q3 2020 - - - -
Q4 2020 - - - -
Q1 2021 - - - -
Q2 2021 - - - -
Q3 2021 - - - -
Q4 2021 - - - -
Q1 2022 - - - -
Q2 2022 - - - -
Q3 2022 - - - -
Q4 2022 - - - -
Q1 2023 - - - -
Q2 2023 - - - -
Q3 2023 - - - -
Q4 2023 1.94 - 1.87 -
Q1 2024 2.07 - 1.98 -
Q2 2024 2.19 - 2.10 -
Q3 2024 2.33 - 2.25 -
Q4 2024 2.49 28.7 % 2.41 28.9 %
Q1 2025 2.70 30.5 % 2.55 29.0 %
Q2 2025 2.86 30.7 % 2.73 30.1 %
Q3 2025 3.05 30.6 % 2.89 28.6 %
Q4 2025 3.20 28.3 % 3.05 26.5 %
Q1 2026 3.20 18.3 % 3.05 19.3 %


Per Share Data (Riyal)

Compared With The
Period Shares Outstanding (M) EPS (Riyal) Earnings Per Share before unusual items (Riyal) Book Value (BV)
Q1 2017 - - - -
Q2 2017 - - - -
Q3 2017 - - - -
Q4 2017 - - - -
Q1 2018 - - - -
Q2 2018 - - - -
Q3 2018 - - - -
Q4 2018 - - - -
Q1 2019 - - - -
Q2 2019 - - - -
Q3 2019 - - - -
Q4 2019 - - - -
Q1 2020 - - - -
Q2 2020 - - - -
Q3 2020 - - - -
Q4 2020 - - - -
Q1 2021 - - - -
Q2 2021 - - - -
Q3 2021 - - - -
Q4 2021 - - - -
Q1 2022 - - - -
Q2 2022 - - - -
Q3 2022 - - - -
Q4 2022 - - - -
Q1 2023 - - - -
Q2 2023 - - - -
Q3 2023 25.00 - - 33.41
Q4 2023 25.00 - - 35.63
Q1 2024 25.00 - - 37.72
Q2 2024 25.00 8.30 8.30 39.59
Q3 2024 25.00 8.54 8.54 41.95
Q4 2024 25.00 8.90 8.90 44.51
Q1 2025 25.00 9.11 9.11 46.82
Q2 2025 25.00 9.63 9.63 49.21
Q3 2025 25.00 10.54 10.54 52.47
Q4 2025 25.00 10.95 10.95 55.88
Q1 2026 25.00 11.21 11.21 58.45

Multiple Ratios (End of Period Price)

Compared With The
Period P/E Recurring P/E Price/book
Q1 2017 - - -
Q2 2017 - - -
Q3 2017 - - -
Q4 2017 - - -
Q1 2018 - - -
Q2 2018 - - -
Q3 2018 - - -
Q4 2018 - - -
Q1 2019 - - -
Q2 2019 - - -
Q3 2019 - - -
Q4 2019 - - -
Q1 2020 - - -
Q2 2020 - - -
Q3 2020 - - -
Q4 2020 - - -
Q1 2021 - - -
Q2 2021 - - -
Q3 2021 - - -
Q4 2021 - - -
Q1 2022 - - -
Q2 2022 - - -
Q3 2022 - - -
Q4 2022 - - -
Q1 2023 - - -
Q2 2023 - - -
Q3 2023 - - -
Q4 2023 - - -
Q1 2024 - - -
Q2 2024 - - -
Q3 2024 - - -
Q4 2024 20.24 20.24 4.04
Q1 2025 18.87 18.87 3.67
Q2 2025 16.42 16.42 3.21
Q3 2025 15.19 15.19 3.05
Q4 2025 14.15 14.15 2.77
Q1 2026 11.25 11.25 2.16

Analysts Estimates (Million)

Item Profit (Expected) Profit (Actual) Change Profit Before Unusual Items Change
Average 66.70 64.34 - -

Estimates vs Actual (Million)

Item Profit (Expected) Profit (Actual) Change‬ Profit Before Unusual Items Change‬
SNB Capital 65.60 64.34 0.00
AlJazira Capital 67.80 64.34 0.00

Current
Market Cap (M Riyal) 3,092.50
Shares Outstanding ((M)) 25.00
EPS ( Riyal) (TTM) 11.21
Book Value (BV) ( Riyal) 58.45
Par Value ( Riyal) 10.00
Recurring P/E 11.04
P/E (TTM) 11.04
Price/book 2.12
Return on Average Assets (%) (TTM) 9.5
Return on Average Equity (%) (TTM) 21.3

Share Price

United International Holding Co. (TASHEEL)


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