| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Total Income From Special Commission of Financing | 46,447 | 44,839 | 3.59 | ||
| Total Income From Special Commission of Investment | 14,515 | 12,996 | 11.69 | ||
| Net Income From Special Commission of Financing | 27,541 | 26,967 | 2.13 | ||
| Net Income From Special Commission of Investment | 1,614 | 756 | 113.49 | ||
| Total Operations Profit (Loss) | 39,195 | 36,033 | 8.78 | ||
| Net Profit (Loss) before Zakat and Income Tax | 27,897 | 23,615 | 18.13 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 25,013 | 21,193 | 18.02 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 26,819 | 21,485 | 24.83 | ||
| Assets | 1,210,032 | 1,104,155 | 9.59 | ||
| Investments | 320,004 | 292,487 | 9.41 | ||
| Loans And Advances Portfolio (Financing And Investment) | 729,311 | 654,252 | 11.47 | ||
| Clients' deposits | 636,094 | 579,762 | 9.72 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 203,279 | 192,565 | 5.56 | ||
| Total Operating Expenses Before Provisions for Credit and Other Losses | 9,872 | 11,022 | -10.43 | ||
| Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net | 1,034 | 1,019 | 1.47 | ||
| Profit (Loss) per Share | 4.04 | 3.44 | |||
| 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 the special commission income during the current year compared to the last year is | Special commission income increased by 5.4% due to an increase in financing portfolio by 3.6% along with an increase in the investments portfolio by 11.7%. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | An increase in net income attributable to equity holders of the Bank by 18.0% reaching SAR 25.0 billion due to an increase in total operating income by 8.8% and a decrease in total operating expenses by 9.4%. Total operating income increased by 8.8% reaching SAR 39.2 billion mainly due to higher net special commission income by 5.2%, higher net fee income from banking services by 12.7%, higher net exchange income by 19.7%, and higher investment income by 31.9%. Total operating expenses decreased by 9.4% to SAR 10.9 billion mainly due to a decrease in rent and premises-related expenses by 4.3%, decrease in depreciation/amortisation of property, equipment, software and right of use assets by 17.0% and a decrease by 32.2% in other general and administrative expenses which include a release of a provision that is no longer required as per the accounting standards. |
| The reason of the increase (decrease) in the total net provision of expected credit losses and other losses (reversing entry) during the current year compared to the last year is | An increase in net impairment charge for expected credit losses by 1.5%. |
| Statement of the type of external auditor's report | Unmodified opinion |
| 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) | N/A |
| Reclassification of Comparison Items | Certain insignificant prior year figures have been reclassified to conform to current year presentation. |
| Additional Information | EPS for the current and previous year is calculated by dividing the net income attributable to common equity holders of the bank (adjusted for Tier 1 Sukuk costs) for the year by the weighted average number of shares outstanding. Total assets expanded by 9.6% compared to December 2024. The main drivers were 11.5% growth in financing portfolio, resulted from 3.2% growth in consumer financing, principally from 7.7% mortgages growth, in addition to 20.7% growth in wholesale financing. This was coupled with 9.4% growth in investments portfolio. Customers’ deposits rose by 9.7% compared to December 2024. |
