premargin

The Saudi Investment Bank announces the interim financial results for the period ending on 31-03-2026 (three months) | premargin

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Total Income From Special Commission of Financing	1,805	1,731.5	4.244	1,863.4	-3.134
Total Income From Special Commission of Investment	612.8	550.2	11.377	623.5	-1.716
Net Income From Special Commission of Financing	568.8	716.9	-20.658	564.7	0.726
Net Income From Special Commission of Investment	336.3	173.7	93.609	309.7	8.588
Total Operations Profit (Loss)	1,056.6	1,050.3	0.599	1,628	-35.098
Net Profit (Loss) before Zakat and Income Tax	604.1	585.3	3.212	1,056.6	-42.826
Net Profit (Loss) Attributable to Shareholders of the Issuer	519.6	503.3	3.238	897.3	-42.092
Total Comprehensive Income Attributable to Shareholders of the Issuer	407.3	628.5	-35.194	838.8	-51.442
Total Operating Expenses Before Provisions for Credit and Other Losses	412.9	432.5	-4.531	433.2	-4.686
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	57.7	61.5	-6.178	168.7	-65.797
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Assets	180,284	164,202	9.794
Investments	46,936	40,801	15.036
Loans And Advances Portfolio (Financing And Investment)	115,608	104,135	11.017
Clients' deposits	122,935	101,666	20.92
Total Shareholders Equity (after Deducting Minority Equity)	17,527	15,933	10.004
Profit (Loss) per Share	0.4	0.39
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	Net special commission income increased by 1.6% primarily due to increases in gross financing and investment returns.
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 profit increased by 3.2% due to an increase in total operating income, as well as a decrease in total operating expenses. Total operating income increased by 0.6% primarily due to increases in net special commission income, fee income from banking services and other income which was partially offset by decrease in gains on disposals of FVOCI debt securities, unrealized gain in fair value through statement of income and exchange income. Total operating expenses decreased by 4.7% primarily due to a decrease in general and administrative expenses, provisions for credit and other losses and depreciation and amortization expenses despite the partial increase in salaries and employee-related expenses and rent & premises related expenses.
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 provision of expected credit losses and other losses decreased by 6.2% primarily due to higher recoveries resulted in a lower net charges for loans and advances.
The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is	Net special commission income increased by 3.5% primarily due to a lower special commission expense.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter is	Net profit for the first quarter of 2026 was lower compared to the fourth quarter of 2025 due to one-off gain, which was recognized during the fourth quarter. Total operating income decreased by 35.1% primarily due to one-off gain recognized in other income, as well as decreased gain in fair value through statement of income, fee income from banking services and exchange income which was partially offset by increase in net special commission income and gains on disposals of FVOCI debt securities. Total operating expenses decreased by 21.8% primarily due to decrease in provisions for credit and other losses, general and administrative expenses, rent & premises related expenses, depreciation and amortization as well as Salaries and employee-related expenses.
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 provision of expected credit losses and other losses decreased by 65.8% primarily due to lower net charges for loans and advances.
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)	N/A.
Reclassification of Comparison Items	Certain prior period amounts have been reclassified to conform to current period presentation.
Additional Information	Earnings per share for the three-month period ended March 31, 2026 and 2025 was SAR 0.40 and 0.39 respectively, which was calculated by dividing net income adjusted for Tier I Sukuk costs by 1,248 million shares and 1,247 million shares respectively the issued and outstanding shares after giving effect of the purchase of 1.7 million treasury shares. The Bank has restated the comparative period balances in regard to Investments and Other reserves.