Riyadh – Mubasher: The net profits of Banque Saudi Fransi increased by 16.34% to SAR 1.33 billion in the first quarter (Q1) of 2025, compared to SAR 1.15 billion at the end of March 2024.
The clients' deposits stood at SAR 190.72 billion in Q1-25, up 9.09% from SAR 174.82 billion in Q1-24, according to the financial results.
Meanwhile, the earnings per share (EPS) went up to SAR 0.50 as of 31 March 2025, versus SAR 0.44 a year earlier.
Total assets climbed by 12.77% to SAR 302.98 billion in Q1-25 from SAR 268.65 billion in Q1-24, while the investments soared by 15.25% to SAR 61.32 billion from SAR 53.20 billion.
Quarterly, the Q1-25 net profits hiked by 19.78% from SAR 1.11 billion in Q4-24.
At the end of December 2024, the bank’s net profits amounted to SAR 4.54 billion, up 7.60% year-on-year (YoY) from SAR 4.22 billion.
