Latest news and articles about البنك السعودي الأول from NEX English
Saudi First Bank achieved a net income of <strong>2.086 million Saudi Riyals</strong> in the first quarter of 2026, supported by stable income and a strong financial base. Despite a slight decrease of <strong>2%</strong> compared to last year, the performance reflects the efficiency of its diversified business model.
Saudi First Bank achieved a net profit of <strong>2.08 billion riyals</strong> (approximately <strong>556.3 million dollars</strong>) in the first quarter of 2026, reflecting a slight decrease of <strong>2.3%</strong> compared to the same period last year. This performance highlights the bank's ability to grow its lending and deposit volumes despite challenges from declining interest rates and increased financial hedging.