Riyad Bank Posts 11.7% Growth in Net Profit to SAR 10.4 Billion in 2025
Riyad Bank delivered a strong financial performance in 2025, reporting an 11.7% year-on-year increase in net profit, which reached SAR 10.4 billion (approximately USD 2.7 billion), compared to SAR 9.3 billion in 2024.
In a disclosure to the Saudi Exchange (Tadawul) on Monday, the bank attributed the improved results primarily to growth in total operating income, alongside a decline in total operating expenses, which had a positive impact on overall profitability.
Total operating income benefited from higher net fees and commission income, increased net trading income, improved net special commission income, and gains from the sale of investments held other than for trading. This was in addition to growth in other operating income, despite a slight decline in foreign exchange income and dividend income.
On the cost side, operating expenses recorded a notable decline, driven by a reduction in net impairment provisions for expected credit losses, lower general and administrative expenses, and a decrease in impairment provisions for other financial assets. This came despite partial increases in certain cost items, including staff costs, other operating expenses, depreciation of property and equipment and right-of-use assets, as well as rental and building expenses.
Net special commission income rose by 12% during the year, mainly supported by higher returns from loans and advances, investments, and amounts due from banks.
In terms of asset quality, net provisions for expected credit losses and other losses declined by 15.8%, reflecting lower impairment charges on credit losses and other financial assets, despite a slight increase in impairment provisions for investments. This indicates a relative improvement in the bank’s credit risk management during the year.