Saudi Investment Bank H1 2026 Net Profit Rises 3.4% to SAR 1.05B
Saudi Investment Bank posted a net profit of SAR 1,050.7 million for the first half of 2026, up 3.4% year-on-year, supported by higher operating income and lower expenses.
Key Numbers
Saudi Investment Bank (1030) announced its interim financial results for the six months ended June 30, 2026, reporting a net profit of SAR 1,050.7 million, up 3.4% from SAR 1,015.8 million in the same period last year. Total operating income reached SAR 2,162.6 million, a 2% increase year-on-year.
Key Financial Results
| Item | H1 2026 | H1 2025 | Change |
|---|---|---|---|
| Net Profit (SAR million) | 1,050.7 | 1,015.8 | +3.4% |
| Total Operating Income (SAR million) | 2,162.6 | 2,120.2 | +2.0% |
| Total Operating Expenses (SAR million) | 855.2 | 869.3 | -1.6% |
| Net Investment Finance Income (SAR million) | 660.5 | 345.8 | +91.0% |
| Net Financing Finance Income (SAR million) | 1,143.5 | 1,450.2 | -21.2% |
| Credit Loss Provisions (SAR million) | 128.1 | 125.7 | +1.9% |
Highlights from the Statement
- Q2 net profit rose 2.2% sequentially to SAR 531.1 million.
- Q2 total operating income increased 4.7% to SAR 1,106 million.
- Operating expenses declined 1.6% in H1.
- Net investment finance income surged 91% driven by fair value gains.
Guidance
The bank did not provide explicit guidance for upcoming quarters.
Impact on the Stock
Investors may view the results positively due to profit growth and cost control, but the decline in net financing finance income could be a concern.
What This Means for Investors
The results show improved operational efficiency, but reliance on fair value gains may not be sustainable. Future performance will depend on interest rate stability and financing portfolio growth.
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