Bank Al Jazira’s profits rise by 22% to 1.5 billion riyals in 2025
Bank Al Jazira’s profits increased in 2025 by 22% to 1.5 billion riyals, compared to 1.2 billion riyals in 2024.
According to the bank’s statement on its website "Saudi Arabia trading"Net income increased by 22% due to an increase in operating income by 18%.
This is mainly due to the increase in net financing and investment income, net income from banking services fees, net profit on financial instruments at fair value through the income statement, net currency conversion income and income from dividends, offset by a decrease in other operations income.
On the other hand, operations expenses increased by 13%, mainly due to the increase in employee salaries and the like and general and administrative expenses. The increase in net income was offset by an increase in the provision charged for zakat during the year.
Dividend distribution
The Board of Directors of Bank Al Jazira decided, today, to distribute cash dividends to shareholders for the second half of the year 2025.
The bank said: The total amount distributed is estimated at 638 million riyals, while the number of shares eligible for dividends is 1,276,218,844 shares.
She added that the share of the distribution is 0.50 riyals after deducting zakat, while the distribution ratio to the nominal value of the share is 5%.
The eligibility date will be next February 8, while the distribution date will be on the 18th of the same month.
Bank Al Jazira noted that the Central Bank has obtained no objection to the Board’s decision to distribute cash dividends to shareholders. For the second half of the fiscal year 2025.
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