Riyad Bank announces its Interim Financial Results for the Period Ending on 2026-09-30 ( Nine Months )
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Total Income From Special Commission of Financing | 6,153,055 | 6,301,856 | -2.361 | 5,998,038 | 2.584 |
| Total Income From Special Commission of Investment | 950,968 | 741,482 | 28.252 | 940,809 | 1.079 |
| Net Income From Special Commission of Financing | 3,418,354 | 2,977,450 | 14.808 | 3,190,108 | 7.154 |
| Net Income From Special Commission of Investment | 64,258 | 206,990 | -68.955 | 186,081 | -65.467 |
| Total Operations Profit (Loss) | 5,050,699 | 4,693,315 | 7.614 | 4,735,866 | 6.647 |
| Net Profit (Loss) before Zakat and Income Tax | 3,243,008 | 2,996,231 | 8.236 | 2,982,516 | 8.733 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 2,865,749 | 2,687,401 | 6.636 | 2,649,028 | 8.181 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 1,971,407 | 2,939,049 | -32.923 | 2,976,025 | -33.757 |
| Total Operating Expenses Before Provisions for Credit and Other Losses | 1,396,216 | 1,367,405 | 2.106 | 1,362,012 | 2.511 |
| Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net | 420,064 | 336,003 | 25.017 | 399,797 | 5.069 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Income From Special Commission of Financing | 18,143,049 | 17,789,766 | 1.985 |
| Total Income From Special Commission of Investment | 2,707,089 | 2,171,940 | 24.639 |
| Net Income From Special Commission of Financing | 10,014,078 | 8,835,179 | 13.343 |
| Net Income From Special Commission of Investment | 229,258 | 831,395 | -72.424 |
| Total Operations Profit (Loss) | 14,400,612 | 13,717,087 | 4.983 |
| Net Profit (Loss) before Zakat and Income Tax | 9,202,880 | 8,663,113 | 6.23 |
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 8,128,316 | 7,770,028 | 4.611 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 7,326,294 | 8,387,267 | -12.649 |
| Assets | 545,349,466 | 508,266,847 | 7.295 |
| Investments | 89,821,131 | 74,262,510 | 20.95 |
| Loans And Advances Portfolio (Financing And Investment) | 385,434,329 | 368,554,119 | 4.58 |
| Clients' deposits | 329,414,523 | 325,412,738 | 1.229 |
| Total Shareholders Equity (after Deducting Minority Equity) | 66,752,892 | 61,569,601 | 8.418 |
| Total Operating Expenses Before Provisions for Credit and Other Losses | 4,129,978 | 4,072,177 | 1.419 |
| Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net | 1,094,993 | 1,007,190 | 8.717 |
| Profit (Loss) per Share | 1.92 | 1.85 | |
| All figures are in (Thousands) 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 (Thousands) 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 special commission income increased by 0.9% due to an increase in special commission income from investments, partially offset by a decrease in special commission income from loans and advances. |
| 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 by 6.6% mainly due to an increase in total operating income and partially offset by an increase in total operating expenses. Total operating income increased due to an increase in trading income, net, net special commission income, exchange income, net, and dividend income, partially offset by a decrease in fee and commission income, net, gains on disposal of non-trading investments, net, and other operating income. Total operating expenses increased due to an increase in impairment charge for investments, net, depreciation of property equipment and right of use assets, impairment charge for credit losses and other financial assets, net, salaries and employee-related expenses, rent and premises-related expenses, partially offset by a decrease in other general and administrative expenses, and other operating 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 increased by 25% mainly due to an increase in impairment charge for investments, net, and impairment charge for credit losses and other financial assets, net. |
| The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is | The special commission income increased by 2.4% due to an increase in special commission income from loans and advances, and investments. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter is | Net income increased by 8.2% mainly due to increase in total operating income, partially offset by increase in total operating expenses. Total operating income increased due to an increase in trading income, net, net special commission income, exchange income, net, fee and commission income, net, and other operating income, partially offset by a decrease in dividend income, and gains on disposal of non-trading investments, net. Total operating expenses increased due to an increase in salaries and employee-related expenses, impairment charge for investments, net, depreciation of property, equipment and right of use assets, other operating expenses, rent and premises related expense, impairment charge for credit losses and other financial assets, net, partially offset by a decrease in other general and administrative 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 increased by 5.1% mainly due to a higher impairment charge for investments, net, and impairment charge for credit losses and other financial assets, net. |
| The reason of the increase (decrease) in special commission income during the current period compared to the same period of the last year is | The special commission income increased by 4.5% due to an increase in special commission income from investments, loans and advances, and due from banks. |
| 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 increased by 4.6% mainly due to an increase in total operating income, partially offset by increase in total operating expenses. Total operating income increased due to an increase in trading income, net, net special commission income, exchange income, net, and dividend income, partially offset by a decrease in fee and commission income, net, gains on disposal of non-trading investments, net, and other operating income. Total operating expenses increased due to an increase in impairment charge for investments, net, depreciation of property, equipment and right of use assets, and salaries and employee-related expenses, partially offset by a decrease in impairment charge for credit losses and other financial assets, net, other general and administrative expenses, other operating expenses, and rent and 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 period compared to the same period of the last year is | Net provision of expected credit losses and other losses increased by 8.7% mainly due to a higher impairment charge for investments, net, partially offset by a decrease in impairment charge for credit losses and other financial assets, net. |
| 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 | Some items have been re-classified |
| Additional Information | Basic and diluted earnings per share for the nine-month period ended 30 September 2026 are calculated on a weighted average basis by dividing the net income adjusted for Tier 1 sukuk costs for the period, by 3,983 million shares (nine-month period ended 30 September 2025: 3,990 million shares), after excluding treasury shares and to give a retroactive effect of increase in the number of shares as a result of the bonus share issue. |
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