Riyad Bank (1010) Q2 2025 TU earnings summary

Executive summary

• Net income for 1H 2025 rose 15% year-over-year to 5,083 million, driven by strong operating income and improved efficiencies, partially offset by higher impairment charges.

• Total assets reached 490.8 billion as of June 30, 2025, up 9% year-to-date, supported by robust loan and investment growth.

Financial highlights

• Total operating income for 1H 2025 increased 12% year-over-year to 9,024 million, with net special commission income up 5% and fee and other income up 31%.

• Net income after zakat for 1H 2025 was 5,083 million, up 15% year-over-year; EPS rose 13% to 1.61.

• Cost to income ratio improved to 30.0% in 1H 2025, down 1.8 percentage points year-over-year.

• Total impairment charges for 1H 2025 increased 10% year-over-year to 671 million.

Outlook and guidance

• Positive jaws and improved cost efficiencies are expected to support future profitability.