alinma Bank announced today a net profit after Zakat of SAR 4,862 million for the period ended September 30, 2026, representing growth of 4% compared to the same period of the previous year.
Commenting on the financial results, Dr. Abdulmalik Al-Hogail, Chairman of alinma Bank, affirmed that the results remained stable and were underpinned by the continued expansion of the bank's financing and investment activities during 2026. He noted that total assets rose by 11% to reach SAR 341,415 million, compared to SAR 307,214 million in the same period of the previous year. The financing portfolio grew by 12% to reach SAR 252,710 million, up from approximately SAR 225,684 million a year earlier. As a result, net income from financing and investment activities increased by 10% to SAR 7,607 million, compared to SAR 6,919 million for the same period of the previous year. Customer deposits also grew by 7% to reach SAR 251,916 million. Meanwhile, the bank maintained a non-performing loan (NPL) coverage ratio of 189.14% at the end of the third quarter, reflecting alinma Bank's ability to sustain its trajectory of sustainable growth.
In this regard, Dr. Al-Hogail stated: "alinma enjoys a firmly established competitive position within the banking sector, underpinned by solid financial standing and seasoned banking expertise, within a Saudi banking landscape undergoing rapid and qualitative transformation."
He added: "The Board of Directors, in close collaboration with the executive management, continues to closely oversee the execution of the bank's strategic plan. This includes strengthening the bank's digital presence and expanding its contribution to overall income, developing innovative Shariah-compliant financing solutions, and elevating the bank's corporate banking, investment, and asset management services — with the aim of diversifying income sources and insulating financial performance from the effects of economic cycles, to the benefit of shareholders, customers, and society alike."