premargin

The Saudi National Bank announces its Interim Financial Results for the Period Ending on 2026-03-31 ( Three Months ) | premargin

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Total Income From Special Commission of Financing	11,377	10,899	4.385	12,002	-5.207
Total Income From Special Commission of Investment	3,383	3,422	-1.139	3,660	-7.568
Net Income From Special Commission of Financing	7,138	6,599	8.167	7,162	-0.335
Net Income From Special Commission of Investment	358	652	-45.092	344	4.069
Total Operations Profit (Loss)	9,650	9,612	0.395	9,927	-2.79
Net Profit (Loss) before Zakat and Income Tax	7,289	6,719	8.483	7,036	3.595
Net Profit (Loss) Attributable to Shareholders of the Issuer	6,423	6,022	6.658	6,385	0.595
Total Comprehensive Income Attributable to Shareholders of the Issuer	5,146	6,891	-25.322	6,046	-14.885
Total Operating Expenses Before Provisions for Credit and Other Losses	2,801	2,727	2.713	1,889	48.279
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	-578	31	-	942	-
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Assets	1,228,496	1,171,079	4.902
Investments	323,201	310,274	4.166
Loans And Advances Portfolio (Financing And Investment)	732,658	706,430	3.712
Clients' deposits	665,462	626,394	6.236
Total Shareholders Equity (after Deducting Minority Equity)	214,117	193,479	10.666
Profit (Loss) per Share	1.04	0.96
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 3.1% reaching to SAR 14.8 billion due to 4.4% increase in special commission income from financing.
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 6.7% reaching SAR 6.4 billion in Q1 2026 driven by higher total operating income along with lower total operating expenses. Total operating income increased by 0.4% reaching SAR 9.7 billion in addition to a drop in the total operating expenses by19.4% driven by lower rent and premises-related expenses by 11.0% and depreciation/amortisation of property, equipment, software and right of use assets expenses by 10.4% accompanied with a decrease of SAR 609 million in the net impairment charge for expected credit losses.
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 decreased by SAR 609 million.
The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is	Decrease in special commission income by 5.8% due to a decrease in special commission income from financing and investment.
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 0.6% reaching SAR 6.4 billion mainly due to lower total operating expenses by 21.5%.
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 161.4%.
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 insignificant prior year figures have been reclassified to conform to last 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 additional Tier 1 capital cost) for the periods by the weighted average number of shares outstanding. Total assets expanded by 1.5% compared to December 2025. The main drivers were 0.5% growth in financing portfolio, resulted from 1.6% growth in retail financing, principally from 1.2% mortgages growth along with 1.8% growth in personal finance. This was coupled with 1.0% growth in investments portfolio. Customers’ deposits rose by 4.6% during the period compared to December 2025.