1180 · 21/04/2026 07:59:09 · Announcement #94556 · View on Saudi Exchange

The Saudi National Bank announces its Interim Financial Results for the Period Ending on 2026-03-31 ( Three Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Total Income From Special Commission of Financing 11,37710,8994.38512,002-5.207
Total Income From Special Commission of Investment 3,3833,422-1.1393,660-7.568
Net Income From Special Commission of Financing 7,1386,5998.1677,162-0.335
Net Income From Special Commission of Investment 358652-45.0923444.069
Total Operations Profit (Loss) 9,6509,6120.3959,927-2.79
Net Profit (Loss) before Zakat and Income Tax 7,2896,7198.4837,0363.595
Net Profit (Loss) Attributable to Shareholders of the Issuer 6,4236,0226.6586,3850.595
Total Comprehensive Income Attributable to Shareholders of the Issuer 5,1466,891-25.3226,046-14.885
Total Operating Expenses Before Provisions for Credit and Other Losses 2,8012,7272.7131,88948.279
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net -57831-942-
All figures are in (Millions) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Assets 1,228,4961,171,0794.902
Investments 323,201310,2744.166
Loans And Advances Portfolio (Financing And Investment) 732,658706,4303.712
Clients' deposits 665,462626,3946.236
Total Shareholders Equity (after Deducting Minority Equity) 214,117193,47910.666
Profit (Loss) per Share 1.040.96
All figures are in (Millions) Saudi Arabia, Riyals
Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
All figures are in (Millions) Saudi Arabia, Riyals
Element ListExplanation
The reason of the increase (decrease) in special commission income during the current quarter compared to the same quarter of the last year is Increase in special commission income by 3.1% reaching to SAR 14.8 billion due to 4.4% increase in special commission income from financing.
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 attributable to equity holders of the Bank grew by 6.7% reaching SAR 6.4 billion in Q1 2026 driven by higher total operating income along with lower total operating expenses.

Total operating income increased by 0.4% reaching SAR 9.7 billion in addition to a drop in the total operating expenses by19.4% driven by lower rent and premises-related expenses by 11.0% and depreciation/amortisation of property, equipment, software and right of use assets expenses by 10.4% accompanied with a decrease of SAR 609 million in the net impairment charge for expected credit losses.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 Net impairment charge for expected credit losses decreased by SAR 609 million.The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is Decrease in special commission income by 5.8% due to a decrease in special commission income from financing and investment.The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter is Increase in net income attributable to equity holders of the bank by 0.6% reaching SAR 6.4 billion mainly due to lower total operating expenses by 21.5%.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 Net impairment charge for expected credit losses decreased by 161.4%.Statement of the type of external auditor's report Unmodified ConclusionComment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) N/AReclassification of Comparison Items Certain insignificant prior year figures have been reclassified to conform to last period presentation.Additional Information EPS for the current and previous period is calculated by dividing the net income attributable to common equity holders of the bank (adjusted for additional Tier 1 capital cost) for the periods by the weighted average number of shares outstanding.

Total assets expanded by 1.5% compared to December 2025. The main drivers were 0.5% growth in financing portfolio, resulted from 1.6% growth in retail financing, principally from 1.2% mortgages growth along with 1.8% growth in personal finance. This was coupled with 1.0% growth in investments portfolio.

Customers’ deposits rose by 4.6% during the period compared to December 2025.

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