SAB’s nine-month net profit surges 3% YoY to SR6.6bn

Lubna S. Olayan, chair of the board of directors of Saudi Awwal Bank, has announced the bank’s financial results for the nine months ending Sept. 30. SAB recorded a net profit after zakat and income tax of SR6.6 billion ($1.75 billion) for the period, representing an increase of 3 percent compared with the corresponding period in 2025. The total operating income increased by 1 percent year on year to SR11.2 billion, while the third-quarter revenue rose by 5 percent to SR3.8 billi