Bank Albilad (1140) Q2 2025 earnings summary

Executive summary

• Net income for the six months ended June 30, 2025, rose to SAR 1,466 million, up from SAR 1,314 million year-over-year.

• Total assets increased to SAR 161.9 billion as of June 30, 2025, compared to SAR 145.3 billion a year earlier.

• The bank issued a USD 650 million Additional Tier 1 Sukuk as part of its capital program.

Financial highlights

• Operating income for H1 2025 reached SAR 3,005 million, up from SAR 2,749 million year-over-year.

• Net financing grew to SAR 115.7 billion, compared to SAR 104.3 billion as of June 30, 2024.

• Customers' deposits increased to SAR 123.9 billion from SAR 114.5 billion year-over-year.

• Basic and diluted EPS for H1 2025 was SAR 0.98, up from SAR 0.88 year-over-year.

• Total equity rose to SAR 20.8 billion from SAR 15.8 billion a year earlier.

Outlook and guidance

• Interim cash dividends of SAR 675 million were approved for H1 2025.

• The bank increased its share capital to SAR 15 billion through a bonus share issuance.