Alinma Bank generated SAR 3.59 billion net profits in 2022, higher by 32.84% than SAR 2.70 billion a year earlier.

Meanwhile, the earnings per share (EPS) rose to SAR 1.73 last year from SAR 1.31 in 2021, according to the financial results.

The Saudi lender registered clients’ deposits of SAR 145.16 billion during the January-December 2022 period, up 19.91% year-on-year (YoY) from SAR 121.06 billion.

Assets increased by 15.54% to SAR 200.43 billion in 2022 from SAR 173.47 billion in 2021, while the bank's investments grew by 15.78% to SAR 38.52 billion from SAR 33.27 billion.

In the first nine months (9M) of 2022, Alinma Bank posted a 31.03% YoY hike in net profit to SAR 2.73 billion from SAR 2.09 billion.

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