Bank AlBilad's net profit rose 8.6% year-on-year to SAR3bn ($799mn) in 2025, driven by higher income from investment and financing assets, the bank announced on February 4.
The bank said in a statement on Tadawul that net income increased as a result of total operating income rising 9%. This was due to an increase in net income from investment and financing assets, other operating income, net fee and commission income, net gains from investments measured at fair value through profit or loss, and dividend income, offset by a decline in foreign currency translation gains.
Total operating expenses rose 10% due to higher general and administrative expenses, salary and related expenses, net expected credit loss provisions and depreciation and amortisation expenses.
Net financing commission income rose 4.6% to SAR3.47bn, while net investment commission income grew 26.3% to SAR1.72bn. This came as a result of income from investment and financing assets rising 7%, offset by an increase in returns on deposits and financial liabilities of 6%.
Bank AlBilad, founded in 2004, provides integrated Islamic banking, financing and investment services through various sharia-compliant instruments. The bank's market capitalisation stood at SAR39.7bn on February 4. Mohammed Ibrahim Al-Subaie Company owns the largest stake in the bank's capital at 19.3%.
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