Bank Albilad announces its Interim Financial Results for the Period Ended on 2026-06-30 ( Six Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Total Income From Special Commission of Financing	1,996.5	1,826	9.337	1,939.6	2.933
Total Income From Special Commission of Investment	597.7	422.7	41.4	455.6	31.189
Net Income From Special Commission of Financing	911.2	839.6	8.527	953.9	-4.476
Net Income From Special Commission of Investment	360.9	337	7.091	305	18.327
Total Operations Profit (Loss)	1,613.2	1,540.7	4.705	1,529.2	5.493
Net Profit (Loss) before Zakat and Income Tax	882.5	853.7	3.373	820.2	7.595
Net Profit (Loss) Attributable to Shareholders of the Issuer	791.6	765.8	3.369	735.8	7.583
Total Comprehensive Income Attributable to Shareholders of the Issuer	965.9	718.9	34.358	627.8	53.854
Total Operating Expenses Before Provisions for Credit and Other Losses	674.8	638.2	5.734	637.4	5.867
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	55.8	48.8	14.344	71.5	-21.958
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	3,936	3,625.8	8.555
Total Income From Special Commission of Investment	1,053.4	815.2	29.219
Net Income From Special Commission of Financing	1,865.2	1,709.8	9.088
Net Income From Special Commission of Investment	665.8	628.9	5.867
Total Operations Profit (Loss)	3,142.4	3,004.6	4.586
Net Profit (Loss) before Zakat and Income Tax	1,702.8	1,634.5	4.178
Net Profit (Loss) Attributable to Shareholders of the Issuer	1,527.4	1,466.1	4.181
Total Comprehensive Income Attributable to Shareholders of the Issuer	1,593.7	1,617.8	-1.489
Assets	186,478	161,902.3	15.179
Investments	32,112.8	28,637.3	12.136
Loans And Advances Portfolio (Financing And Investment)	133,418.5	115,688.9	15.325
Clients' deposits	147,187.9	123,928.5	18.768
Total Shareholders Equity (after Deducting Minority Equity)	23,769.7	20,756.4	14.517
Total Operating Expenses Before Provisions for Credit and Other Losses	1,312.3	1,268.3	3.469
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	127.3	101.7	25.172
Profit (Loss) per Share	0.97	0.98
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	Net income from investing and financing assets increased by 8%, which is mainly due to increase in the income from investing and financing assets by 15%, however, the return on deposits and financial liabilities increased by 23%.
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 has increased due to the increase in total operating income by 5%, which is mainly due to increase in net income from investing and financing assets and other operating income. However, net fee and commission income, net gain on fair value through statement of income (FVSI) instruments, net exchange income, dividend income have been decreased. Total operating expenses have increased by 6%, which is mainly due to the increase in other general and administrative expenses, salaries and employee related benefits, net impairment charge for expected credit losses, depreciation & amortization.
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 14%, which is mainly due to increase in net impairment charge for expected credit losses on financing.
The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is	Net income from investing and financing assets increased by 1%, which is mainly due to increase in the income from investing and financing assets by 8%, however, the return on deposits and financial liabilities increased by 16%.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter is	Net income has increased due to the increase in total operating income by 5%, which is mainly due to the increase in other operating income, net exchange income, income from investing and financing assets, dividend income. However, net fee and commission income and net gain on fair value through statement of income (FVSI) instruments has decreased. Total operating expenses have increased by 3%, which is mainly due to the increase in other general and administrative expenses, salaries and employee related benefits and depreciation & amortization. However, net impairment charge for expected credit losses and have decreased.
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 22%, which is mainly due to a decrease in net impairment charge for expected credit losses on financing due to better quality and composition of the portfolio.
The reason of the increase (decrease) in special commission income during the current period compared to the same period of the last year is	Net income from investing and financing assets increased by 8%, which is mainly due to increase in the income from investing and financing assets by 12%, however, the return on deposits and financial liabilities increased by 17%.
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 has increased due to the increase in total operating income by 5%, which is mainly due to the increase in net income from investing and financing assets, other operating income, and net gain on fair value through statement of income (FVSI) instruments. However, net fee and commission income , net exchange income and dividend income have decreased. Total operating expenses have increased by 5%, which is mainly due to the increase in net impairment charge for expected credit losses, other general and administrative expenses, salaries and employee related benefits and depreciation & amortization.
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 increased by 25%, which is mainly due to increase in net impairment charge for expected credit losses on financing.
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	Earnings per share is calculated by dividing the net income after zakat for the six months period ended 30 June 2026 and 30 June 2025 (after deduction of Tier 1 sukuk costs) by the weighted average outstanding number of shares adjusted for treasury shares, which is 1,485 million shares (June 30, 2025: 1,490 million shares).