Al Rajhi Bank announces its Interim Financial Results for the Period Ending on 2026-06-30 ( Six Months )

Al Rajhi Bank reported a net profit of SAR 13.76 billion for the first half of 2026, a 14.16% increase compared to the same period last year. For the second quarter, net profit rose 14% YoY to SAR 7.01 billion, driven by a 13.3% expansion in total operating income.
Total operating income for the six-month period reached SAR 21.41 billion, up 13.88% YoY, primarily supported by a 17.99% surge in net financing income and improved fees from banking services and exchange income.
Operating efficiency was impacted by an 18.8% rise in total operating expenses including impairments, highlighted by a significant 46.8% YoY quarterly increase in net credit loss provisions to SAR 881 million due to higher gross charges.
The bank's balance sheet remains robust with total assets exceeding SAR 1.05 trillion, supported by a 2.75% YoY growth in the loans and advances portfolio to SAR 762.1 billion and a 3.56% increase in client deposits to SAR 688.4 billion.

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Total Income From Special Commission of Financing	12,130	11,274	7.592	12,266	-1.108
Total Income From Special Commission of Investment	2,354	2,373	-0.8	2,241	5.042
Net Income From Special Commission of Financing	7,290	6,322	15.311	7,480	-2.54
Net Income From Special Commission of Investment	1,017	983	3.458	925	9.945
Total Operations Profit (Loss)	10,884	9,603	13.339	10,528	3.381
Net Profit (Loss) before Zakat and Income Tax	7,609	6,860	10.918	7,440	2.271
Net Profit (Loss) Attributable to Shareholders of the Issuer	7,012	6,151	13.997	6,752	3.85
Total Comprehensive Income Attributable to Shareholders of the Issuer	7,257	6,238	16.335	6,316	14.898
Total Operating Expenses Before Provisions for Credit and Other Losses	2,395	2,143	11.759	2,457	-2.523
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	881	600	46.833	631	39.619
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Income From Special Commission of Financing	24,396	22,205	9.867
Total Income From Special Commission of Investment	4,595	4,613	-0.39
Net Income From Special Commission of Financing	14,770	12,518	17.99
Net Income From Special Commission of Investment	1,942	1,884	3.078
Total Operations Profit (Loss)	21,413	18,803	13.88
Net Profit (Loss) before Zakat and Income Tax	15,049	13,447	11.913
Net Profit (Loss) Attributable to Shareholders of the Issuer	13,764	12,057	14.157
Total Comprehensive Income Attributable to Shareholders of the Issuer	13,573	12,057	12.573
Assets	1,054,772	1,035,852	1.826
Investments	174,999	181,449	-3.554
Loans And Advances Portfolio (Financing And Investment)	762,096	741,715	2.747
Clients' deposits	688,359	664,687	3.561
Total Shareholders Equity (after Deducting Minority Equity)	152,417	133,930	13.803
Total Operating Expenses Before Provisions for Credit and Other Losses	4,852	4,231	14.677
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	1,512	1,125	34.4
Profit (Loss) per Share	2.17	1.91
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
Accumulated Losses	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in special commission income during the current quarter compared to the same quarter of the last year is	Net financing and investment income Increased by 13.7% caused by an increase in gross financing and investment income. while there was a decrease in gross financing and investment return.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net income increased due to an increase in total operating income by 13.3% caused by an increase in net financing and investment income, fees from banking services and exchange income. while there was a decrease in other operating income. In contrast, the total operating expenses including impairment charges for financing increased by 19.4% due to an increase in general and administrative expenses and salaries and employees’ related benefits. while there was a decrease in depreciation expense. In addition, there was an increase in impairment charge for financing from SAR 600 million to SAR 881 million by 46.8%.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current quarter compared to the same quarter of the last year is	The increase in the net provision for expected credit losses is attributed to the increase in gross charge by 36% coupled with a rise in recoveries from written off financing by 26.3% compared to the same quarter of the last year.
The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is	Net financing and investment income decrease by 1.2% caused by a decrease in gross financing and investment income. while there was an increase in gross financing and investment return.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter is	Net income increased due to an increase in total operating income by 3.4% caused by an increase in other operating income, fees from banking services and exchange income net. while there was a decrease in financing and investment income. In contrast, the total operating expenses including impairment charges for financing increased by 6.1% due to an increase in general and administrative expenses. while there was a decrease in salaries and employees’ related benefits and depreciation expense. In addition, there was an increase in impairment charge for financing from SAR 631 million to SAR 881 million by 39.7%.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current quarter compared to the previous quarter is	The increase in the net provision for expected credit losses is attributed to the increase in gross charge by 31.7% coupled with a rise in recoveries from written off financing by 24.5% compared to last quarter.
The reason of the increase (decrease) in special commission income during the current period compared to the same period of the last year is	Net financing and investment income Increased by 16% caused by an increase in gross financing and investment income. while there was a decrease in gross financing and investment return.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	Net income increased due to an increase in total operating income by 13.9% caused by an increase in net financing and investment income, fees from banking services and exchange income. while there was a decrease in other operating income. In contrast, the total operating expenses including impairment charges for financing increased by 18.8% due to an increase in general and administrative expenses and salaries and employees’ related benefits. while there was a decrease in depreciation expense. In addition, there was an increase in impairment charge for financing from SAR 1,125 million to SAR 1,512 million by 34.4%.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current period compared to the same period of the last year is	The increase in the net provision for expected credit losses is attributed to the increase in gross charge by 27.5% coupled with a rise in recoveries from written off financing by 21.4% compared to the same period of the last year.
Statement of the type of external auditor's report	Unmodified Conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	N/A
Reclassification of Comparison Items	Some items have been re-classified
Additional Information	-