Saudi Arabia · Delayed Price · Currency is SAR Al Rajhi Banking and Investment Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 net income rose 14% year-on-year to SAR 6.8 billion, with strong asset growth, NIM expansion, and robust SME and digital performance. Asset quality and capital ratios remain strong, and guidance for NIM and Tier 1 capital was upgraded for 2026.
Fiscal Year 2025
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Net income rose 26% year-on-year to SAR 24.8 billion, with strong asset and operating income growth, improved efficiency, and robust capital ratios. 2026 guidance anticipates slower credit demand, NIM expansion, and continued focus on value over volume.
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Net income surged 30% year-over-year to SAR 18.4 billion for the first nine months of 2025, with strong growth in both retail and corporate segments, improved efficiency, and robust asset quality. NIM guidance was revised down due to liquidity pressures, while capital buffers were strengthened in response to regulatory changes.
Fiscal Year 2024
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Record net income and strong asset growth in 2024 were driven by robust retail, corporate, and mortgage lending, improved efficiency, and digital transformation. 2025 guidance targets high single-digit loan growth, NIM expansion, and ROE above 21%, with a continued focus on funding diversification and risk management.
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Record net income and strong asset growth were achieved, with robust performance across retail, corporate, and SME segments. NIM expanded, cost-to-income improved, and guidance was upgraded for growth and profitability, while risk and competition remain closely managed.