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Bank Riyad's Q3 profit reaches 2.86B Riyals
Bank Riyad Achieves Profit Growth in the Third Quarter of 2026 Bank Riyad recorded a rise in its profits during the third quarter of 2026, with a net profit of 2.86 billion Riyals, marking an increase of 6.64% compared to the same period last year, and an 8.2% quarterly increase, as the profit in the second quarter was 2.65 billion Riyals. The increase is attributed to higher total operating income, especially from net trading income, commissions, foreign exchange conversions, and dividends, despite a rise in operating expenses primarily due to provisions for investment impairments, employee salaries, and other costs. Additionally, the first nine months of 2026 saw high profits, increasing by 4.61% to reach 8.13 billion Riyals, along with an increase in total operating income.
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