Bank Albilad reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was SAR 1,077.53 million compared to SAR 1,014.98 million a year ago. Net income was SAR 616.17 million compared to SAR 540.65 million a year ago. Basic earnings per share from continuing operations was SAR 0.496 compared to SAR 0.432 a year ago.
For the nine months, net interest income was SAR 3,157.6 million compared to SAR 2,957.68 million a year ago. Net income was SAR 1,761.97 million compared to SAR 1,541.94 million a year ago. Basic earnings per share from continuing operations was SAR 1.416 compared to SAR 1.24 a year ago.