Bank Albilad Profit Rises 1.6% to 2.27B SAR
Riyadh, Saudi Arabia — Bank Albilad posted net profit attributable to shareholders of 2.27 billion SAR for the nine months ended September 30, 2026, up 1.6% from 2.23 billion SAR in the same period a year earlier. Rising income from financing and investment assets drove the gain, though higher provisions and operating costs limited the […] The post Bank Albilad Profit Rises 1.6% to 2.27B SAR…
Riyadh, Saudi Arabia — Bank Albilad reported a 1.6% increase in net profit attributable to shareholders to 2.27 billion SAR over the nine months ending September 30, 2026, compared to 2.23 billion SAR in the same period a year ago. Higher income from financing and investment assets contributed to the gain, although increased provisions and operating expenses tempered the upside. Earnings per share, however, fell from 1.49 SAR to 1.43 SAR, reflecting a lower weighted average share count after accounting for treasury shares.
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