Saudi First Bank's 2025 profits: Strong growth and approaching the centennial target
Saudi First Bank (SAB) announced its annual financial results for 2025, achieving exceptional financial performance that reflects the strength of its financial position and the robustness of its strategy. Net income after zakat and income tax reached SAR 8.452 billion , representing a 5% increase compared to the previous year. These positive results come as the bank prepares for a significant milestone: celebrating its centenary in the Kingdom of Saudi Arabia in 2026.
Strong financial performance enhances market position
The bank's financial statements demonstrated balanced growth across all business sectors, with total operating income increasing by 5% to reach SAR 14.724 billion . The balance sheet also witnessed significant expansion, with the loan and advances portfolio jumping by 15% to reach SAR 299 billion , reflecting the bank's pivotal role in financing the national economy. In a clear indication of customer confidence, deposits rose by a substantial 21% to reach SAR 323 billion .
A historical legacy spanning a century
These results are particularly significant as they precede the bank's centenary celebrations. The First Saudi Bank (formerly known as the Saudi British Bank – SABB) is an extension of the first bank to begin operations in the Kingdom of Saudi Arabia in 1926. This rich legacy has not only provided the bank with accumulated experience but has also made it a strategic partner in the development of the Saudi economy over the decades, from financing initial infrastructure projects to mega-projects in the modern era.
A pivotal role in supporting the Kingdom's Vision 2030
The significance of the 2025 financial results extends beyond the raw figures themselves, reflecting the bank's commitment to supporting the goals of Saudi Vision 2030. The remarkable 15% growth in the loan portfolio clearly demonstrates the bank's strong involvement in financing major projects and the private sector, in addition to meeting individual needs. These figures underscore the Saudi banking sector's ability to keep pace with the country's massive economic transformations and provide the necessary liquidity for sustainable development.
Leadership in sustainability and green finance
Saudi First Bank continued to solidify its position as a leader in environmental, social, and governance (ESG) practices, with its sustainable financing portfolio exceeding SAR 45 billion . The bank's achievements included issuing green bonds totaling USD 1.9 billion and launching the Kingdom's first green mortgage product. These efforts culminated in the bank's upgrade to an "A" rating on the Morgan Stanley Capital International (MSCI) Global Ratings Index, further enhancing the attractiveness of the Saudi financial sector to international investors focused on sustainability.
Suspending leadership and future aspirations
Commenting on these results, Ms. Lubna Olayan , Chair of the Board of Directors, stated that 2025 was a remarkable year characterized by the disciplined execution of the strategy and the achievement of sustainable shareholder value. She noted that the bank is entering its second century from a position of strength, enabling it to continue supporting national aspirations. She added that the diversification of its business model and the strength of its financial position (shareholders' equity of SAR 79 billion) provide the bank with significant flexibility to navigate market fluctuations and sustain its growth trajectory.
