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Al Rajhi Bank · 1120

Tadawul · Banks

Across 2022–2025, Al Rajhi Bank grew on all three measures.

Total operating income rose 36.8%, while net income grew faster at 44.6% — margin expansion rather than volume alone. Total assets increased 37.0% over the same period.

SAR mn2022202320242025
Total operating income28,57527,53132,05539,094
Net income17,15116,62119,72224,792
Total assets761,619808,098972,4441,043,268

Sources

1

Annual Report 2025 · p.42

2

Q4 2025 Financials · p.7

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Tadawul

Compare STC and Mobily on revenue growth since 2022

Both operators grew revenue, but at different rates. STC added SAR 10,575mn — an increase of 18.0%1. Mobily grew faster in percentage terms, up 23.8% from a smaller base2.

Company20222025Change
Saudi Telecom58,70669,281+18.0%
Mobily17,32021,441+23.8%

Sources

Annual Report 2025 · STC, Mobily

02
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Al Rajhi Bank
Annual Report 2024

Answer

Al Rajhi Bank reported net income of for 2024, up from SAR 17.2bn in 2023.

Select the figure to open its source

Source

P. 42

Operating income for the year increased on higher financing and investment income, partly offset by higher operating expenses.

Net income for the year ended 31 December 2024 amounted to SAR 24,780 million, compared with SAR 17,151 million in 2023.

The Board has recommended a final dividend, subject to the approval of the General Assembly.

03
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Saudi Telecom
Income statement · SAR mn
202320242025CAGR
Revenue58,70663,41269,281+9.3%
Net income11,02411,98213,109+9.4%
Total assets119,845128,220142,601+11.2%

Revenue trend · SAR bn

52

20

58

21

62

22

66

23

71

24

82

25

Reports & Filings
Indexed by page

Annual Report 2025

The Group operates through three principal segments: consumer, business and wholesale.

Capital expenditure for the period was directed primarily toward network modernisation and data centre capacity.

Management expects capital intensity to normalise in the second half of the year.

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Earnings Call · Q3 2025
Transcript

14:32

38:07

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Chief Executive Officer

“Before we take questions, I want to spend a moment on the performance of the consumer segment, which returned to growth this quarter.”

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Saudi Telecom
Workspace

Overview

Financials

Filings

Calls

Chat

Market cap

SAR 213.4bn

Sector

Telecommunication

Fiscal year

December

Latest sources

Q3 2025 Interim Financials

Filed 3 days ago

Q3 2025 Earnings Call

Transcript available

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Saudi Telecom
New model

—

fx

ABCD
2Revenue
58,706
63,412
69,281
3Cost of sales
-34,918
-37,224
-40,102
4Gross profit
23,788
26,188
29,179
5Net income
11,024
11,982
13,109

Model · Saudi Telecom · FY 2023–2025

An empty model. This is where the work normally starts.

4 rows · 3 periods

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