The Saudi National Bank announces its Interim Financial Results for the Period Ending on 2025-09-30 (Nine Months)
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Total Income From Special Commission of Financing | 11,972 | 11,607 | 3.144 | 11,573 | 3.447 |
| Total Income From Special Commission of Investment | 3,843 | 3,415 | 12.532 | 3,588 | 7.107 |
| Net Income From Special Commission of Financing | 7,045 | 6,696 | 5.212 | 6,734 | 4.618 |
| Net Income From Special Commission of Investment | 262 | 145 | 80.689 | 353 | -25.779 |
| Total Operations Profit (Loss) | 10,145 | 9,191 | 10.379 | 9,507 | 6.71 |
| Net Profit (Loss) before Zakat and Income Tax | 7,277 | 6,011 | 21.061 | 6,865 | 6.001 |
| Net Profit/(Loss) | 6,469 | 5,366 | 20.555 | 6,137 | 5.409 |
| Total Comprehensive Income | 7,420 | 9,112 | -18.568 | 6,313 | 17.535 |
| Total Operating Expenses Before Provisions for Credit and Other Losses | 2,492 | 2,869 | -13.14 | 2,765 | -9.873 |
| Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net | 231 | 224 | 3.125 | -173 | - |
| 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 | 34,445 | 33,357 | 3.261 |
| Total Income From Special Commission of Investment | 10,855 | 9,597 | 13.108 |
| Net Income From Special Commission of Financing | 20,379 | 19,810 | 2.872 |
| Net Income From Special Commission of Investment | 1,270 | 995 | 27.638 |
| Total Operations Profit (Loss) | 29,267 | 27,047 | 8.207 |
| Net Profit (Loss) before Zakat and Income Tax | 20,861 | 17,437 | 19.636 |
| Net profit (Loss) | 18,628 | 15,636 | 19.135 |
| Total Comprehensive Income | 20,463 | 17,783 | 15.07 |
| Assets | 1,206,607 | 1,124,608 | 7.291 |
| Investments | 318,201 | 290,462 | 9.549 |
| Loans And Advances Portfolio (Financing And Investment) | 725,090 | 655,308 | 10.648 |
| Clients' deposits | 639,488 | 634,195 | 0.834 |
| Total Shareholders Equity (after Deducting Minority Equity) | 196,500 | 183,080 | 7.33 |
| Total Operating Expenses Before Provisions for Credit and Other Losses | 7,983 | 8,279 | -3.575 |
| Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net | 93 | 999 | -90.69 |
| Profit (Loss) per Share | 2.99 | 2.53 | |
| 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 | - | - | |
| 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 | Increase in special commission income by 5.3% reaching to SAR 15.8 billion due to 3.1% increase in special commission income from financing portfolio coupled with 12.5% increase in special commission income from investments portfolio. |
| 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 20.5% reaching SAR 6.5 billion in Q3 2025 driven by higher total operating income along with lower total operating expenses.
Total operating income increased by 10.4% reaching SAR 10.1 billion, driven by higher net special commission income by 6.8%, net fees from banking services by 8.2% and total investment gains/income by 44.6%. While total operating expenses decreased by 12.0%. |
| 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 increased by 3.1%. |
| The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is | Increase in special commission income by 4.3% reaching to SAR 15.8 billion due to 3.4% increase in special commission income from financing portfolio coupled with 7.1% increase in special commission income from investments portfolio. |
| 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 5.4% reaching SAR 6.5 billion mainly due to higher total operating income by 6.7%. |
| 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 increased by 233.7%. |
| The reason of the increase (decrease) in special commission income during the current period compared to the same period of the last year is | Increase in special commission income by 5.5% reaching to SAR 45.3 billion due to 3.3% increase in special commission income from financing portfolio coupled with 13.1% increase in special commission income from investments portfolio. |
| 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 attributable to equity holders of the Bank grew by 19.1% reaching SAR 18.6 billion driven by higher total operating income along with lower total operating expenses.
Total operating income increased by 8.2% reaching SAR 29.3 billion, driven by higher net special commission income by 4.1%, net fees from banking services by 11.5% and total investment gains/income by 35.5%. While total operating expenses decreased by 13.0% |
| 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 | Net impairment charge for expected credit losses decreased by 90.7%. |
| 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) | NA |
| Reclassification of Comparison Items | Certain insignificant prior period's figures have been reclassified to conform to current 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 Tier 1 Sukuk costs) for the periods by the weighted average number of shares outstanding.
Total assets expanded by 9.3% during the period compared to December 2024. The main drivers were 10.8% growth in financing, principally 19.7% growth in wholesale financing and 6.1% growth in mortgages. This was coupled with 8.8% growth in investments portfolio.
Customers’ deposits rose by 10.3% during the period compared to December 2024. |
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