Al Rajhi Q1 Profit Rises 14% YoY

Al Rajhi Bank posted SAR6.8 bn profit in Q1 2026, up 14% YoY and 6% QoQ.
Earnings per share were SAR1.59, with return on equity at 23% and net interest margin expanding 20 bps to 3.54%.
Revenue grew 1% QoQ; net interest income rose 3% while non‑interest income fell 6%; operating costs jumped 18% YoY, pushing cost‑to‑income to 23%.
Deposits increased 2% QoQ, reducing loan‑to‑deposit ratio to 111% from 113% in Q4 2025; financing book remained flat.