Riyadh - Mubasher: Banque Saudi Fransi generated SAR 1.51 billion in net profit during the third quarter (Q3) of 2026, an annual rise of 11.53% from SAR 1.35 billion.

The lender attributed the growth to a 10.12% surge in total operating income, which reached SAR 2.86 billion, supported by higher net special commission income, fee and commission income, and exchange income.

In the first nine months (9M) of 2026, the bank’s net profits climbed by 6.91% to SAR 4.38 billion from SAR 4.09 billion in the previous year.

Earnings per share (EPS) stood at SAR 1.62 at the end of September 2026, compared to SAR 1.53 in the prior year.

Total assets grew by 7.52% to reach SAR 338.64 billion, while the loans and advances portfolio increased by 6.87% to SAR 230.40 billion.

Customer deposits recorded an annual jump of 9.34% to SAR 203.23 billion during the period.

Operating expenses for Q3, before credit impairment charges, soared by 8.43% to SAR 926 million. Net impairment charges for expected credit losses widened by14.35% to SAR 271 million, primarily due to higher provisions on loans and advances.

In Q2-26, the net profit reached SAR 1.49 billion, up 5.99% year-on-year (YoY) when compared to SAR 1.40 billion.