premargin

Banque Saudi Fransi 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	3,691	3,553	3.884	3,770	-2.095
Total Income From Special Commission of Investment	742	643	15.396	751	-1.198
Net Income From Special Commission of Financing	2,029	1,745	16.275	2,062	-1.6
Net Income From Special Commission of Investment	188	373	-49.597	154	22.077
Total Operations Profit (Loss)	2,708	2,638	2.653	2,621	3.319
Net Profit (Loss) before Zakat and Income Tax	1,540	1,492	3.217	1,419	8.527
Net Profit (Loss) Attributable to Shareholders of the Issuer	1,381	1,338	3.213	1,260	9.603
Total Comprehensive Income Attributable to Shareholders of the Issuer	967	1,977	-51.087	1,267	-23.677
Total Operating Expenses Before Provisions for Credit and Other Losses	922	867	6.343	965	-4.455
Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net	246	280	-12.142	237	3.797
All figures are in (Millions) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Assets	324,810	303,579	6.993
Investments	71,629	61,913	15.692
Loans And Advances Portfolio (Financing And Investment)	221,929	208,978	6.197
Clients' deposits	199,583	190,728	4.642
Total Shareholders Equity (after Deducting Minority Equity)	51,517	49,021	5.091
Profit (Loss) per Share	0.52	0.5
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	The gross special commission income increased by 5.6% mainly due to higher return from financing and investments while net special commission income also increased by 4.6%.
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 increased due to increase in total operating income by 2.7% which was partially offset by increase in total operating expenses by 1.9%. The growth in total operating income was primarily driven by higher net special commission income, dividend income and gains on non-trading investments, which was partially offset by decrease in net fee and commission income and exchange income. The increase in total operating expenses was mainly attributed to a higher salaries and employee related expenses and depreciation and amortization while impairment charge for other financial assets 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 same quarter of the last year is	Net impairment charges for financing and other financial assets decreased by 12.1% due to lower Impairment charge on other financial assets and loans and advances.
The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is	The gross special commission income decreased by 1.9% primarily driven by lower return from financing while net special commission income increased marginally by 0.1%.
The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter is	Net income increased as a result of a 3.3% increase in total operating income, alongside a 2.8% decrease in total operating expenses. The growth in total operating income was primarily driven by gains on non-trading investments, dividend income and net fee and commission income which was partially offset by decrease in trading income and exchange income. The decrease in total operating expenses was mainly attributed to a lower other operating and general and administrative expenses while salaries and employee related expenses, rent and premises related expenses and impairment charge for other financial assets increased.
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 charges for financing and other financial assets increased by 3.8% due to lower impairment reversal for investments, financial assets, and others.
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	Certain prior period numbers have been re-classified to be aligned with the current period presentation.
Additional Information	Net Income from Special Commission of Investment is calculated after deducting special commission expense from debt securities and term loans. The Bank has restated the previous period end balances (31 March 2025) in regard to Investments, and other reserves in the consolidated statement of financial position. EPS for the current and the previous periods is calculated by dividing the net income after zakat for the period (adjusted for Tier 1 capital costs) by the weighted average number of shares outstanding after excluding treasury shares. Tier 1 capital amounting to SAR 7.9 billion is included as part of total shareholders equity as of 31 March 2026 compared to SAR 8.0 billion as of 31 March 2025.