Saudi National Bank the Most Profitable Bank in the Middle East and North Africa
According to First Bank’s ranking of the Top 100 Most Profitable Banks in the Middle East and North Africa for 2025, Saudi National Bank (SNB) ranked first on the list.
The bank secured the top position after reporting net profit of US$6.66 billion in 2025, compared with US$5.61 billion in 2024, representing a year-on-year growth rate of 18.7%.
The ranking was based on reported net profits, converted into U.S. dollars, providing a standardized basis for comparing banking institutions across the region. Banks without officially disclosed financial data were excluded to ensure the accuracy and reliability of the methodology.
The bank continued to deliver strong earnings during the current year, reporting net profit of US$1.71 billion in the first quarter of 2026, compared with US$1.60 billion during the same period of 2025, representing a year-on-year increase of 7.4%.
Overall, Saudi National Bank maintained solid financial performance during the year. Its total assets increased to US$327.38 billion at the end of March 2026, compared with US$322.61 billion at the end of 2025, reflecting a quarter-on-quarter growth rate of 1.5%.
Customer deposits rose by 4.6% during the first quarter of 2026, reaching US$177.34 billion at the end of March 2026, compared with US$169.59 billion at the end of 2025.
The bank's net financing portfolio increased to US$195.25 billion at the end of March 2026, up from US$194.44 billion at the end of 2025, representing a quarter-on-quarter growth rate of 0.4%.
Shareholders’ equity also grew to US$57.20 billion at the end of March 2026, compared with US$54.34 billion at the end of 2025, reflecting a quarter-on-quarter increase of 5.3%.
