The Saudi Investment Bank announces the interim financial results for the period ending on 30-06-2026 (six months)

The Saudi Investment Bank reported a net profit attributable to shareholders of SAR 531.1 million for the second quarter of 2026, representing a 3.6% increase year-over-year and bringing the six-month net profit to SAR 1.05 billion.
Total operating income for the quarter grew by 3.4% to SAR 1.11 billion, driven by higher unrealized gains on fair value instruments, exchange income, and banking fee income, which effectively offset a marginal 0.7% decline in net special commission income caused by rising commission expenses.
The balance sheet showed significant growth as of June 30, 2026, with total assets rising 9.6% year-over-year to SAR 184 billion, supported by an 8.2% increase in the loans and advances portfolio to SAR 117.3 billion and a 21.3% surge in customer deposits to SAR 121.6 billion.
Total operating expenses for the quarter rose by 2.3% to SAR 442.3 million, while net provisions for expected credit losses increased by 9.7% to SAR 70.4 million, a rise primarily attributed to the continued growth of the bank's financing and investment portfolios.

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Total Income From Special Commission of Financing	1,855.2	1,801.9	2.957	1,805	2.781
Total Income From Special Commission of Investment	626.4	592.2	5.775	612.8	2.219
Net Income From Special Commission of Financing	567.4	730	-22.273	576.1	-1.51
Net Income From Special Commission of Investment	331.5	175.5	88.888	329	0.759
Total Operations Profit (Loss)	1,106	1,069.8	3.383	1,056.6	4.675
Net Profit (Loss) before Zakat and Income Tax	617.6	595.9	3.641	604.1	2.234
Net Profit (Loss) Attributable to Shareholders of the Issuer	531.1	512.5	3.629	519.6	2.213
Total Comprehensive Income Attributable to Shareholders of the Issuer	662	554.7	19.343	407.3	62.533
Total Operating Expenses Before Provisions for Credit and Other Losses	442.3	436.8	1.259	412.9	7.12
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	70.4	64.2	9.657	57.7	22.01
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	3,660.2	3,533	3.6
Total Income From Special Commission of Investment	1,239.2	1,142.8	8.435
Net Income From Special Commission of Financing	1,143.5	1,450.3	-21.154
Net Income From Special Commission of Investment	660.5	345.8	91.006
Total Operations Profit (Loss)	2,162.6	2,120.2	1.999
Net Profit (Loss) before Zakat and Income Tax	1,221.7	1,181.1	3.437
Net Profit (Loss) Attributable to Shareholders of the Issuer	1,050.7	1,015.8	3.435
Total Comprehensive Income Attributable to Shareholders of the Issuer	1,069.3	1,183.1	-9.618
Assets	184,021	167,828	9.648
Investments	47,333	43,458	8.916
Loans And Advances Portfolio (Financing And Investment)	117,320	108,423	8.205
Clients' deposits	121,559	100,236	21.272
Total Shareholders Equity (after Deducting Minority Equity)	17,672	16,336	8.178
Total Operating Expenses Before Provisions for Credit and Other Losses	855.2	869.3	-1.621
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	128.1	125.7	1.909
Profit (Loss) per Share	0.7	0.68
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 decreased marginally by 0.7% primarily due to an increase in special commission expense despite the increase in special commission income.
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 3.6% due to an increase in total operating income. Total operating income increased by 3.4% primarily due to an increase in unrealized gain on fair value through statement of income, exchange income, gains on disposals of FVOCI debt securities and fee income from banking services, which was partially offset by a decrease in net special commission income. Total operating expenses increased by 2.3% primarily due to an increase in salaries and employee-related expenses, provisions for credit and other losses and rent and premises related expenses, which was partially offset by a decrease in other general and administrative expenses 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 quarter compared to the same quarter of the last year is	Net provision of expected credit losses and other losses increased by 9.5% primarily due to the growth in financing.
The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is	Net special commission income decreased marginally by 0.7% primarily due to an increase in special commission expense despite the increase in special commission income.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter is	Net profit increased by 2.2% due to an increase in total operating income. Total operating income increased by 4.7% primarily due to an increase in unrealized gain on fair value through statement of income, fee income from banking services, gains on disposals of FVOCI debt securities and exchange income. Total operating expenses increased by 8.9% primarily due to an increase in other general and administrative expenses, provisions for credit and other losses and salaries and employee-related expenses, offset partially by a decrease in 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 previous quarter is	Net provision of expected credit losses and other losses increased by 22.0% mainly due to the growth in financing and lower recoveries received during Q2-2026.
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 special commission income marginally increased by 0.4% primarily due to an increase in gross financing and investment returns.
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 profit increased by 3.4% due to an increase in total operating income as well as a decrease in the total operating expense. Total operating income increased by 2.0% primarily due to an increase in unrealized gain on fair value through statement of income, exchange income, net special commission income, fee income from banking services and other income, despite a partial decrease in gains on disposals of FVOCI debt securities. Total operating expenses decreased by 1.2% primarily due to a decrease in other general and administrative expenses and depreciation & amortization, which was partially offset by increase in salaries and employee-related expenses, rent and premises related expenses as well as provisions for credit and other losses.
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 provision of expected credit losses and other losses increased by 1.9% mainly due to the growth in financing and investments portfolios.
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 six-month period ended June 30, 2026 and 2025 was SAR 0.70 and 0.68 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 representing 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.