1010 · 07/04/2015 08:32:29 · Announcement #37965 · View on Saudi Exchange

Riyad Bank announces the interim financial results for the period ending on 31-03-2015 (Three Months)

Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss)
1,172
1,079
8.62
1,060
10.57
Total profit (loss) operation income\ Investments
2,050
1,932
6.11
1,995
2.76
Net profit (loss) special commission income\ Investments
1,282
1,230
4.23
1,328
-
Earning or loss per share, Riyals
0.39
0.36
-
-
-
All figures are in (Millions) Saudi Arabia, Riyals
Element Current period Similar period for previous year % Change
Total Assets
216,533
211,405
2.43
Investments
46,641
46,587
0.12
Loans and advances portfolio
137,626
136,770
0.63
Customer deposit
164,834
159,947
3.06
All figures are in (Millions) Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of increase (decrease) for quarter compared with same quarter last year Increase in total operating income
Reason of increase (decrease) for quarter compared with the previous quarter Decrease in total operating expenses and increase in total operating income
Other notes Riyad Bank Extraordinary General Assembly held on 05/26/2014 approved the increase of the bank's capital from SAR 15,000 million to SAR 30,000 million riyals, an increase of 100% (from 1,500 million to 3,000 million shares) through the distribution of free shares to its shareholders, an additional one bonus share for each share.

Earnings per share for the period ended 31 March 2014 has been restated taking into account bonus shares issued to raise capital during the previous year for the purposes of comparison.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.