Abdullah bin Sulaiman Al Rajhi, Chairman of alrajhi bank
alrajhi bank continued its strong growth trajectory during the first half of 2026, reporting a net income of SAR 13,764 million, representing a 14% increase compared with the same period of 2025. The solid performance was driven by robust operating results and sustained business growth, underscoring the resilience of the Bank’s Harmonize the Group Strategy. 
Total operating income reached SAR 21,413 million, recording a year-on-year growth of 14%, supported by higher net financing and investment income, together with increased fee income from banking services. These results demonstrate the success of the Bank’s strategy to enhance product yields while diversifying its sources of income.
The Bank’s total assets increased to SAR 1,055 billion, up 2% year-on-year, as financing portfolio expanded by 3% to exceed SAR 762 billion, while customer deposits grew to SAR 688 billion, representing an annual increase of 4%. These results reaffirm customers’ continued confidence in Alrajhi bank and highlight the strength of its financial position.
The Bank maintained strong profitability while preserving a high-quality asset base, recording a return on assets of 2.63%, a return on equity of 23.30%, and earnings per share of SAR 2.17. It also continued to maintain a strong coverage ratio for non-performing loans.
Commenting on the results, Mr. Abdullah bin Sulaiman Al Rajhi, Chairman of alrajhi bank, said: “The strength of the Bank’s business has enhanced our ability to deliver banking solutions that meet our customers’ evolving aspirations while improving operational efficiency. This enables us to create sustainable value for our shareholders and contribute meaningfully to the continued growth of the Saudi economy.”
He added: “We remain committed to investing in digital innovation, enhancing customer experience, and maximizing the synergies across our business sectors and subsidiaries through our Harmonize the Group Strategy. These efforts strengthen the Bank’s competitive position and support sustainable long-term growth.”
Extending the impact of its strong financial performance beyond business results, alrajhi bank continues to implement impactful community and development initiatives that reflect its commitment to creating sustainable value through investing in people, enhancing quality of life, and supporting the most deserving segments of society, in line with the objectives of Saudi Vision 2030.
Continuing his remarks, Mr. Abdullah bin Sulaiman Al Rajhi, Chairman of alrajhi bank, said: “Our investment in society is a natural extension of our responsibility and our firm belief that lasting impact endures far beyond financial achievements. We therefore continue to invest in high-impact initiatives across housing, education, healthcare, and empowerment, contributing to the development of a more stable and prosperous society.”
Among the Bank’s flagship social initiatives is its continued support for the Dar Shahm initiative, implemented in partnership with the Martyrs, Wounded, Prisoners and Missing Persons Fund. The initiative aims to construct 50 residential units on land owned by the Fund’s beneficiaries across several regions of the Kingdom, helping provide housing stability for more than 240 family members of personnel serving in the Kingdom’s military and security sectors.
The initiative has made significant progress, with nine residential units already delivered as part of the first phase, which targets the handover of 13 units by the end of the third quarter of 2026. Preparatory work for the second phase has also commenced, including licensing procedures, architectural planning, and contractual arrangements, reflecting the Bank’s commitment to accelerating implementation and maximizing the initiative’s social impact.
In the field of education, alrajhi bank’s Educational Orphan Sponsorship Program continues into its fifth year, supporting more than 200 students annually. To date, the program has enabled the graduation of 19 students, reflecting the Bank’s ongoing commitment to investing in future generations through educational and social empowerment.
The Bank also continued supporting the healthcare sector through a number of specialized medical initiatives and healthcare centers that have benefited more than 110,000 individuals. These include the Diabetes Center, the Cardiac Catheterization Center in Al-Qassim, the Smoking Cessation Center and the Medical Rehabilitation Center in Turaif, in addition to the Blood Donation Mobile Units operating in Riyadh and Madinah. These initiatives contribute to improving healthcare services and expanding access to quality medical care.
As part of its financial literacy efforts, the Riyal Generations initiative continues to introduce young people to the principles of saving and financial awareness. During the reporting period, the Bank welcomed more than ten educational institutions, engaging 145 students in an interactive educational experience designed to strengthen financial literacy among younger generations.
Concluding his statement, the Chairman reaffirmed that Alrajhi bank will continue executing its strategic priorities during the second half of the year by investing in digital innovation, further enhancing customer experience, improving operational efficiency, and expanding the impact of its community initiatives. He emphasized that these efforts will support the Bank’s sustainable growth, reinforce its position as one of the region’s leading financial institutions, and create long-term value for all stakeholders.
Abdullah bin Sulaiman Al Rajhi, Chairman of alrajhi bank
alrajhi bank continued its strong growth trajectory during the first half of 2026, reporting a net income of SAR 13,764 million, representing a 14% increase compared with the same period of 2025. The solid performance was driven by robust operating results and sustained business growth, underscoring the resilience of the Bank’s Harmonize the Group Strategy.
Total operating income reached SAR 21,413 million, recording a year-on-year growth of 14%, supported by higher net financing and investment income, together with increased fee income from banking services. These results demonstrate the success of the Bank’s strategy to enhance product yields while diversifying its sources of income.
The Bank’s total assets increased to SAR 1,055 billion, up 2% year-on-year, as financing portfolio expanded by 3% to exceed SAR 762 billion, while customer deposits grew to SAR 688 billion, representing an annual increase of 4%. These results reaffirm customers’ continued confidence in Alrajhi bank and highlight the strength of its financial position.
The Bank maintained strong profitability while preserving a high-quality asset base, recording a return on assets of 2.63%, a return on equity of 23.30%, and earnings per share of SAR 2.17. It also continued to maintain a strong coverage ratio for non-performing loans.
Commenting on the results, Mr. Abdullah bin Sulaiman Al Rajhi, Chairman of alrajhi bank, said: “The strength of the Bank’s business has enhanced our ability to deliver banking solutions that meet our customers’ evolving aspirations while improving operational efficiency. This enables us to create sustainable value for our shareholders and contribute meaningfully to the continued growth of the Saudi economy.”
He added: “We remain committed to investing in digital innovation, enhancing customer experience, and maximizing the synergies across our business sectors and subsidiaries through our Harmonize the Group Strategy. These efforts strengthen the Bank’s competitive position and support sustainable long-term growth.”
Extending the impact of its strong financial performance beyond business results, alrajhi bank continues to implement impactful community and development initiatives that reflect its commitment to creating sustainable value through investing in people, enhancing quality of life, and supporting the most deserving segments of society, in line with the objectives of Saudi Vision 2030.
Continuing his remarks, Mr. Abdullah bin Sulaiman Al Rajhi, Chairman of alrajhi bank, said: “Our investment in society is a natural extension of our responsibility and our firm belief that lasting impact endures far beyond financial achievements. We therefore continue to invest in high-impact initiatives across housing, education, healthcare, and empowerment, contributing to the development of a more stable and prosperous society.”
Among the Bank’s flagship social initiatives is its continued support for the Dar Shahm initiative, implemented in partnership with the Martyrs, Wounded, Prisoners and Missing Persons Fund. The initiative aims to construct 50 residential units on land owned by the Fund’s beneficiaries across several regions of the Kingdom, helping provide housing stability for more than 240 family members of personnel serving in the Kingdom’s military and security sectors.
The initiative has made significant progress, with nine residential units already delivered as part of the first phase, which targets the handover of 13 units by the end of the third quarter of 2026. Preparatory work for the second phase has also commenced, including licensing procedures, architectural planning, and contractual arrangements, reflecting the Bank’s commitment to accelerating implementation and maximizing the initiative’s social impact.
In the field of education, alrajhi bank’s Educational Orphan Sponsorship Program continues into its fifth year, supporting more than 200 students annually. To date, the program has enabled the graduation of 19 students, reflecting the Bank’s ongoing commitment to investing in future generations through educational and social empowerment.
The Bank also continued supporting the healthcare sector through a number of specialized medical initiatives and healthcare centers that have benefited more than 110,000 individuals. These include the Diabetes Center, the Cardiac Catheterization Center in Al-Qassim, the Smoking Cessation Center and the Medical Rehabilitation Center in Turaif, in addition to the Blood Donation Mobile Units operating in Riyadh and Madinah. These initiatives contribute to improving healthcare services and expanding access to quality medical care.
As part of its financial literacy efforts, the Riyal Generations initiative continues to introduce young people to the principles of saving and financial awareness. During the reporting period, the Bank welcomed more than ten educational institutions, engaging 145 students in an interactive educational experience designed to strengthen financial literacy among younger generations.
Concluding his statement, the Chairman reaffirmed that Alrajhi bank will continue executing its strategic priorities during the second half of the year by investing in digital innovation, further enhancing customer experience, improving operational efficiency, and expanding the impact of its community initiatives. He emphasized that these efforts will support the Bank’s sustainable growth, reinforce its position as one of the region’s leading financial institutions, and create long-term value for all stakeholders.
