Posted inEARNINGS WATCH

Bank Albilad, Saib’s bottom line inches up in 1Q

Bank Albilad

Bank Albilad delivered a 5.1% y-o-y rise in net income to SAR 735.8 mn in 1Q 2026. The increase is owed to a 4% uptick in operating income — supported by gains on investments and financing assets — though partially offset by a similar increase in expenses. Financing income grew 7.8% y-o-y to SAR 1.9 bn, while investment income rose 16.1% to SAR 455.6 mn.

Saudi Investment Bank

Saudi Investment Bank (SAIB) logged a 3.2% y-o-y increase in net income to SAR 519.6 mn in 1Q 2026, it said in a filing to the exchange. Higher operating income — driven by stronger special commission income and banking service fees — supported the bottom-line growth, alongside a 4.7% decline in operating expenses. Meanwhile, financing income grew 4.2% y-o-y to SAR 1.8 bn, and investment income rose 11.4% to SAR 612.8 mn.