Saudi National Bank Reports 20.6% Rise in Q3 2025 Net Profit to SAR 6.46 Billion
Saudi National Bank (SNB), the Kingdom’s largest bank by assets, recorded a strong 20.6% year-on-year increase in net profit during the third quarter of 2025, reaching SAR 6.46 billion, according to a disclosure published on the Saudi Exchange (Tadawul) on Monday.
The bank attributed the solid performance to a rise in total operating income coupled with a decline in total operating expenses.
SNB’s income from financing and investments grew by 5.3% to reach SAR 15.8 billion, driven by a 3.1% increase in income from the financing portfolio and a 12.5% increase in income from the investment portfolio.
Total operating income climbed by 10.4% to SAR 10.1 billion, supported by a 6.8% rise in net income from financing and investments, an 8.2% increase in net fees from banking services, and a significant 44.6% jump in total income from investments. Meanwhile, total operating expenses declined by 12%, further boosting profitability.
For the first nine months of 2025, SNB reported net profits of SAR 18.63 billion, marking a 19.1% annual growth. The bank’s total assets also rose by 7.3% year-on-year to reach SAR 1.2 trillion as of September 2025.
This strong performance underscores SNB’s continued success in enhancing operational efficiency, expanding its financing and investment portfolio, and solidifying its leadership position in Saudi Arabia’s banking sector.
