Saudi Equity Research - Saudi Investment Bank (SAIB) 2Q26 - Earnings Call Insight
SAIB’s funded income rose 3.7% YOY to SAR 2,482 Mn, while funded expenses increased 6.3% to SAR 1,583 Mn, mainly due to higher customer deposits, resulting in a 0.7% decline in net funded income to SAR 899 Mn. Non-funded income increased 26.0% YOY to SAR 207 Mn in 2Q26, mainly driven by fees income and unrealised gain on financial instruments.