Alinma Bank announces its Interim Financial Results for the Period Ending on 2024-09-30 ( Nine Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Total Income From Special Commission of Financing	3,658	3,076.6	18.897	3,488.8	4.849
Total Income From Special Commission of Investment	529.6	438.1	20.885	472.9	11.989
Net Income From Special Commission of Financing	1,939.4	1,755.9	10.45	1,894	2.397
Net Income From Special Commission of Investment	280.8	250	12.32	256.7	9.388
Total Operations Profit (Loss)	2,815.2	2,540.6	10.808	2,745.7	2.531
Net Profit (Loss) before Zakat and Income Tax	1,752.1	1,476.1	18.697	1,579.4	10.934
Net Profit/(Loss)	1,571.5	1,323.9	18.702	1,416.6	10.934
Total Comprehensive Income	1,900	1,116.4	70.189	1,355.9	40.128
Total Operating Expenses Before Provisions for Credit and Other Losses	852.4	765.5	11.352	834.1	2.193
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	208.7	306.4	-31.886	326.6	-36.099
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Income From Special Commission of Financing	10,485.6	8,290.6	26.475
Total Income From Special Commission of Investment	1,462.5	1,182.8	23.647
Net Income From Special Commission of Financing	5,601.6	4,901.1	14.292
Net Income From Special Commission of Investment	781.3	699.2	11.741
Total Operations Profit (Loss)	8,125.4	7,156.9	13.532
Net Profit (Loss) before Zakat and Income Tax	4,797.4	3,923.4	22.276
Net profit (Loss)	4,302.8	3,518.9	22.276
Total Comprehensive Income	4,563.6	3,928	16.181
Assets	266,982.7	232,585.3	14.789
Investments	46,938.2	40,970.4	14.566
Loans And Advances Portfolio (Financing And Investment)	195,895.4	169,063.3	15.871
Clients' deposits	209,140	180,233.2	16.038
Total Shareholders Equity (after Deducting Minority Equity)	41,157.7	33,460.4	23.004
Total Operating Expenses Before Provisions for Credit and Other Losses	2,520.1	2,269.9	11.022
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	799.8	974.3	-17.91
Profit (Loss) per Share	1.62	1.35
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
Accumulated Losses	-	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in special commission income during the current quarter compared to the same quarter of the last year is	Income from investments and financing increased mainly due to growth in financing and investments volume and increase in profit rates.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Net income increased due to the increase in total operating income by 10.8%, mainly due to the increase in net income from financing and investment, exchange income and FVSI income partly offset with the lower fee income and other operating income.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current quarter compared to the same quarter of the last year is	The decrease in impairment charge on financing and other financial assets during the current quarter compared to similar quarter last year is mainly due to decrease in non-performing financing arising from the settlement of impaired accounts and onboarding of better-quality new assets.
The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is	Income from investments and financing increased mainly due to growth in financing and investments volume and increase in profit rates.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter is	Net income increased due to the increase in total operating income by 2.5%, mainly due to the increase in net income from financing and investment and FVSI income partly offset with the lower fee income and exchange income.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current quarter compared to the previous quarter is	The decrease in impairment charge on financing and other financial assets during the current quarter compared to previous quarter is mainly due to stability in the financing portfolios and onboarding of better quality new assets.
The reason of the increase (decrease) in special commission income during the current period compared to the same period of the last year is	Income from investments and financing increased mainly due to growth in financing and investments volume and increase in profit rates.
The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is	Net income increased due to the increase in total operating income by 13.5%, mainly due to the increase in net income from financing and investment, fee income, FVSI income and exchange income, partly offset with the lower other operating income.
The reason of the increase (decrease) in the total net provision (reversing entry) of expected credit losses and other losses during the current period compared to the same period of the last year is	The decrease in impairment charge on financing and other financial assets during the current period compared to the similar period last year is mainly due to decrease in non-performing financing arising from the settlement of impaired accounts and onboarding of better-quality new assets.
Statement of the type of external auditor's report	Unmodified Conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	None
Reclassification of Comparison Items	Some items have been reclassified.
Additional Information	For the calculation of earnings per share, 14.4 million treasury shares have been excluded.

Earnings per share is calculated by dividing the net income after zakat for the period ended 30 September 2024 and 30 September 2023 (adjusted for Tier 1 Sukuk costs) by the weighted average number of outstanding shares, which reached 2,485.2 million shares (2023: 2,487.3 million shares, restated to reflect the issuance of bonus shares).

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