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SAB generates SAR 4.2bn profits in H1-25

SAB generates SAR 4.2bn profits in H1-25
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SAB
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Riyadh – Mubasher: Saudi Awwal Bank (SAB) achieved  SAR 4.26 billion in net profit during the first half (H1) of 2025, an annual rise of 4.94% from SAR 4.06 billion.

Earnings per share (EPS) amounted to SAR 1.95 as of 30 June 2025, compared to SAR 1.90 in H1-24, according to the interim financial statements.

SNB reported 6.38% year-on-year (YoY) higher clients' deposits at SAR 297 billion in the first six months (6M) of 2025, compared to SAR 279.16 billion.

Assets widened by 13.09% to SAR 432.35 billion in H1-25 from SAR 382.29 billion in H1-24, while the investments hiked by 17.40% to SAR 107.81 billion from SAR 91.83 billion.

Results for Q2

In the second quarter (Q2) of 2025, the bank’s net profits hit SAR 2.12 billion, up by 5.40% from SAR 2.01 billion in April-June 2024.

Quarterly, the Q2-25 net profits edged down by 0.37% from SAR 2.13 billion in Q1-25.