Saudi banks' profits in 2025: Historical figures and growth details

Saudi banks listed on the main stock exchange, Tadawul, achieved an unprecedented financial milestone in 2025, with financial data revealing the highest annual profits in the history of the Kingdom's banking sector. According to a detailed analysis by Okaz newspaper, the combined profits of the ten banks reached approximately 92.52 billion riyals , reflecting the strength of the financial sector and the robustness of the national economy.

A qualitative leap in financial performance

Statistics show that Saudi banks achieved an average daily profit of SAR 253.48 million , equivalent to approximately SAR 10.56 million per hour . These record figures follow a remarkable 16.17% increase in profits compared to the results recorded in 2024, confirming the continued positive momentum in the sector.

The giants hold the largest share

In terms of individual bank performance, the Saudi National Bank (SNB) topped the list, achieving annual profits of SAR 25.01 billion, representing 27.03% of the sector's total profits and registering an annual growth rate of 18.02%. Al Rajhi Bank in second with profits of SAR 24.79 billion, capturing 26.8% of total profits and achieving the highest growth rate among banks at 25.71%. It is worth noting that the two banks (SNB and Al Rajhi) together controlled more than half of the banking sector's profits, exceeding 53.83%.

Strong performance from the remaining banks

Growth was not limited to the top performers, but also included the list of other banks, with the performance ranking as follows:

• Riyad Bank: ranked third with profits of 10.41 billion riyals and a growth rate of 11.68%.
• First Bank (SAB): came in fourth with profits reaching 8.45 billion riyals.
• The remaining banks: The six remaining banks (Alinma, Arab, French, Albilad, Investment, Aljazira) collectively achieved profits of 23.85 billion riyals.

Economic implications and vision context

This exceptional growth in Saudi banks' profits reflects the success of the Kingdom's Vision 2030 , specifically the Financial Sector Development Program, which aims to empower financial institutions to support private sector growth and develop an advanced financial market. This increase in profitability is attributed to several key factors, most notably the expansion in financing mega-projects, the continued growth in the real estate finance sector, and the digital transformation that has contributed to increased operational efficiency and reduced costs for banks.

This strong performance also indicates the attractiveness of the investment environment in the Kingdom, as Saudi banks are among the most financially sound and stable in the Middle East and North Africa region, which enhances the confidence of local and foreign investors in the Saudi financial market “TASI” as a safe investment destination with rewarding returns.