Riyadh — Mubasher: Derayah Financial Company achieved a net profit of SAR 105.37 million for the third quarter (Q3) of 2026, an annual rise of 5.71% from SAR 99.68 million.
The firm attributed the growth to stabilized operating performance and a 14.70% reduction in its share of losses from D360 Bank, which fell to SAR 30.80 million.
Quarterly revenue reached SAR 242.23 million, up 1.75% from SAR 238.05 million a year earlier.
This growth was driven by an 8.20% year-to-year (YoY) increase in assets under custody to SAR 36.20 billion and higher special commission income.
Operating expenses climbed by 3.50% to SAR 103.70 million as the company continued investing in technology and marketing under its 2030 strategy.
In the first nine months (9M) of 2026, the net profit declined by 2.71% to SAR 303.16 million, despite a 4.05% rise in total revenue to SAR 710.79 million.
The decrease was primarily due to a 14.90% surge in operating expenses.
Earnings per share (EPS) for the nine-month period stood at SAR 1.24, compared to SAR 1.28 in the previous year. Total shareholders' equity grew by 9.80% to SAR 1.26 billion.
