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Alinma Bank Q3 profit drops to 1.59bn riyals
Alinma Bank recorded a slight decline in its profits during the third quarter of 2026, reaching 1.588 billion riyals, a decrease of 0.23% compared to the same period last year. However, its profits for the first nine months increased by 4.04% to reach 4.86 billion riyals, driven by higher income from financing and investments as well as an increase in assets. The bank attributed the quarterly decline in profits to a decrease in fee income from services and investment evaluation income, while growth in the financing and investment portfolio contributed to an overall increase in net income for the period.
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