Riyadh – Mubasher: Derayah Financial Company achieved net profit amounting to SAR 100.75 million for the second quarter (Q2) of 2026, down 6.03% year-on-year (YoY).
The decrease in profitability occurred despite a 2.28% increase in quarterly revenues, which reached SAR 240.64 million.
The company attributed the revenue growth to strong special commission income and asset management performance, with assets under management reaching SAR 21.80 billion.
However, net income was pressured by a 15.90% rise in operating expenses as the firm invested in technical infrastructure and strategic growth initiatives.
Earnings per share (EPS) for the first half (H1) of 2026 hit SAR 0.81, versus SAR 0.87 in the previous year.
Derayah Financial noted a SAR 27.60 million loss from its investment in associate D360 Bank, an improvement from the SAR 38.40 million loss recorded in the prior-year period.
D360 Bank is currently raising SAR 1.50 billion in capital at a pre-money valuation of SAR 4.50 billion, with Derayah contributing SAR 100 million to the round.
Separately, the board approved a second interim cash dividend of SAR 0.33 per share for Q2-26, bringing total dividends for H1 to SAR 0.66 per share. Total equity reached SAR 1.23 billion as of 30 June 2026.
