Al Rajhi Banking and Investment (1120) Q3 2026 earnings summary

Executive summary

• 9M 2026 net income after Zakat rose 13.3% YoY to 20,870 million, supported by 13.4% growth in operating income and continued execution of the “harmonize the group” strategy.

• Assets increased 1.8% YoY to 1,076 billion; net financing grew 2.5% to 775 billion, with ROE of 23.3%.

Financial highlights

• 9M operating income increased 13.4% YoY to 32,528 million; pre-provision profit rose 13.9% to 25,319 million.

• Net income after Zakat was 20,870 million, up 13.3% YoY; 3Q net income after Zakat rose 11.7% YoY to 7,106 million and 1.3% QoQ.

• 9M EPS reached 3.27, up 12.79% YoY; operating expenses rose 11.8% to 7,208 million.

• Net financing and investment income increased 16.7% YoY; fee income grew 14.9% and exchange income rose 12.2%.

Outlook and guidance

• Strategic priorities include digital innovation, improved customer experience and operating efficiency, and broader community initiatives to support long-term value creation.

• Continued investment in digital transformation is aligned with Saudi Vision 2030 and the development of the Kingdom’s financial sector.