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PSF Q2 profits reach 1.48B riyals

PSF Q2 profits reach 1.48B riyals

The financial results of Banque Saudi Fransi "BSF" indicate that its net profits rose to 1.48 billion riyals in the second quarter of 2026, with a year-over-year growth rate of 6% and a quarter-over-quarter increase of 7.67%. This rise is attributed to a 6.4% increase in total operating income, supported by higher net commissions, trading income, and dividends. Operating expenses increased by 7.5%, while allowances for credit loss impairments decreased. On a semi-annual basis, the bank’s profits grew by 4.63% to reach 2.87 billion riyals, amid efforts to enhance its financial performance during the year.

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