IssuerAnnouncementDetailsV2Portlet
Actions
The Saudi National Bank announces its Annual Financial results for the Period Ending on 2025-12-31
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Total Income From Special Commission of Financing | 46,447 | 44,839 | 3.59 | ||
| Total Income From Special Commission of Investment | 14,515 | 12,996 | 11.69 | ||
| Net Income From Special Commission of Financing | 27,541 | 26,967 | 2.13 | ||
| Net Income From Special Commission of Investment | 1,614 | 756 | 113.49 | ||
| Total Operations Profit (Loss) | 39,195 | 36,033 | 8.78 | ||
| Net Profit (Loss) before Zakat and Income Tax | 27,897 | 23,615 | 18.13 | ||
| Net Profit (Loss) Attributable to Shareholders of the Issuer | 25,013 | 21,193 | 18.02 | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 26,819 | 21,485 | 24.83 | ||
| Assets | 1,210,032 | 1,104,155 | 9.59 | ||
| Investments | 320,004 | 292,487 | 9.41 | ||
| Loans And Advances Portfolio (Financing And Investment) | 729,311 | 654,252 | 11.47 | ||
| Clients' deposits | 636,094 | 579,762 | 9.72 | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 203,279 | 192,565 | 5.56 | ||
| Total Operating Expenses Before Provisions for Credit and Other Losses | 9,872 | 11,022 | -10.43 | ||
| Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net | 1,034 | 1,019 | 1.47 | ||
| Profit (Loss) per Share | 4.04 | 3.44 | |||
| 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 the special commission income during the current year compared to the last year is | Special commission income increased by 5.4% due to an increase in financing portfolio by 3.6% along with an increase in the investments portfolio by 11.7%. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | An increase in net income attributable to equity holders of the Bank by 18.0% reaching SAR 25.0 billion due to an increase in total operating income by 8.8% and a decrease in total operating expenses by 9.4%. Total operating income increased by 8.8% reaching SAR 39.2 billion mainly due to higher net special commission income by 5.2%, higher net fee income from banking services by 12.7%, higher net exchange income by 19.7%, and higher investment income by 31.9%. Total operating expenses decreased by 9.4% to SAR 10.9 billion mainly due to a decrease in rent and premises-related expenses by 4.3%, decrease in depreciation/amortisation of property, equipment, software and right of use assets by 17.0% and a decrease by 32.2% in other general and administrative expenses which include a release of a provision that is no longer required as per the accounting standards. |
| The reason of the increase (decrease) in the total net provision of expected credit losses and other losses (reversing entry) during the current year compared to the last year is | An increase in net impairment charge for expected credit losses by 1.5%. |
| Statement of the type of external auditor's report | Unmodified opinion |
| 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 current year presentation. |
| Additional Information | EPS for the current and previous year is calculated by dividing the net income attributable to common equity holders of the bank (adjusted for Tier 1 Sukuk costs) for the year by the weighted average number of shares outstanding. Total assets expanded by 9.6% compared to December 2024. The main drivers were 11.5% growth in financing portfolio, resulted from 3.2% growth in consumer financing, principally from 7.7% mortgages growth, in addition to 20.7% growth in wholesale financing. This was coupled with 9.4% growth in investments portfolio. Customers’ deposits rose by 9.7% compared to December 2024. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
Share
Company Performance
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions