alinma Bank announced today that it has recorded a net profit of 3,274 million Saudi Riyals after Zakat for the six-months period ended June 30, 2026, reflecting a growth of 6% compared to the same period last year.
Commenting on the financial performance, Chairman of the board of directors at alinma, Dr. Abdulmalik Al-Hogail, stated that the results reflected a resilient performance. The growth is underscoring the strength of the bank’s business model and its ability to navigate evolving economic conditions. He noted that total assets increased to 329,287 million Saudi Riyals, a 11% increase from 297,216 million Saudi Riyals in the same period last year. The financing portfolio grew by 12% to reach 243,911 million Saudi Riyals as of June 30, 2026, up from 218,596 million Saudi Riyals the year before. Consequently, net income from financing and investments increased by 10% to 5,025 million Saudi Riyals, compared to 4,555 million Saudi Riyals for the same period in 2025. Customers’ deposits also reached 245,254 million Saudi Riyals, a 7% increase compared to 229,944 million Saudi Riyals a year earlier. Return on assets is at 2.04%, while return on equity is 17.82%. Than bank maintained a strong NPL coverage ratio of 176% reflecting a prudent and conservative approach to risk management and provisioning.
Dr. Al-Hogail said: "alinma Bank performance in the second quarter of 2026, was driven by the strength of the core banking business, the resilience of our business model, and our ability to capitalize on opportunity in a rapidly evolving economic environment. These results reflect the execution of our strategy through expanding our customer base, growing our financing portfolio and customer deposits, and maintaining high asset quality, further reinforcing alinma Bank’s position as on of the Kingdom’s leading financial institutions”.
He added: “We continue to advance our strategic priorities by investing in digital transformation and innovation, while developing advanced banking solutions that enhance the customer experience and address evolving customer needs. At the same time, we remain focused on improving operational efficiencies, leveraging advanced technologies and artificial intelligence, and diversifying our source of income, strengthening our ability to deliver sustainable growth and create long-term value”.
Dr. Al-Hogail also added that the bank announced 0.25 SAR per share as a dividends for the second quarter. The bank continued to pay quarterly dividends reflecting the balancing efforts to ensure sustainable growth and enhancements to shareholders’ total returns.