Saudi Arabia · Delayed Price · Currency is SAR Riyad Bank Earnings Call Transcripts
Fiscal Year 2026
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Solid Q1 2026 results with 5% net income growth, improved efficiency, and strong asset quality. Guidance for high single-digit loan and commission income growth remains intact, with MSME and investment portfolios as key drivers.
Fiscal Year 2025
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Net income rose 12% to SAR 10.4 billion in 2025, with strong asset growth and improved efficiency. Strategy 2030 targets high-teens ROE, digital transformation, and capital strength, while asset quality and risk metrics remain robust.
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Q2 2025 saw robust asset and loan growth, improved efficiency, and strong profitability, with upgraded loan growth guidance and a solid capital position. Margin pressure persists, but diversified funding and strategic initiatives support continued momentum.
Fiscal Year 2024
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Record 2024 results driven by strong Corporate and SME growth, with net income up 16% and ROE at 16.6%. Guidance for 2025 targets above 17% ROE, low double-digit loan growth, and continued efficiency gains, amid ongoing funding and margin pressures.
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Strong corporate and SME loan growth, improved asset quality, and robust non-funded income drove a 10% year-over-year net income increase and a 16.1% ROE. Strategic digital initiatives and cost efficiencies support a positive outlook, with loan growth guidance raised to low double digits.