Banque Saudi Fransi Posts 6.9% Nine-Month Profit Rise
Riyadh, Saudi Arabia — Banque Saudi Fransi (BSF) grew net profit attributable to shareholders by 6.9% to 4,377 million SAR for the nine months ending September 30, 2026, up from 4,094 million SAR in the same period last year. Higher net special commission income, stronger trading income, and dividend income drove the gain. Operating expenses […] The post Banque Saudi Fransi Posts 6.9% Nine-Month…
Banque Saudi Fransi (BSF) reported a 6.9% increase in net profit attributable to shareholders, reaching 4,377 million SAR for the nine months ending September 30, 2026. This growth was driven by higher net special commission income, stronger trading income, and dividend income. However, total comprehensive income attributable to shareholders fell sharply, down 64.5% in Q3 2026 compared to the same period last year.
The company's loan book expanded by 6.9%, reaching 230,399 million SAR, while total assets grew by 7.5% to 338,643 million SAR. Despite these positive signs, investors should monitor the sharp decline in comprehensive income, rising credit loss provisions, and the reduction in Tier 1 capital instruments, as these factors could signal potential balance sheet risks.
Brief written by urgent.news from The Saudi Standard's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
