The Saudi Investment Bank announces the interim financial results for the period ending on 30-06-2025 (six months)

Total Income From Special Commission of Financing

1,802.1

1,653.8

8.967

1,731.5

4.077

Total Income From Special Commission of Investment

592

506.1

16.972

550.2

7.597

Net Income From Special Commission of Financing

728.9

735.6

-0.91

716.9

1.673

Net Income From Special Commission of Investment

176.6

143.2

23.324

173.7

1.669

Total Operations Profit (Loss)

1,069.9

1,022.5

4.635

1,050.3

1.866

Net Profit (Loss) before Zakat and Income Tax

595.9

562.3

5.975

585.3

1.811

Net Profit/(Loss)

512.5

486.4

5.365

503.3

1.827

Total Comprehensive Income

554.7

511.6

8.424

628.5

-11.742

Total Operating Expenses Before Provisions for Credit and Other Losses

436.8

422.6

3.36

432.5

0.994

Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net

64.2

62.1

3.381

61.5

4.39

Total Income From Special Commission of Financing

3,533.6

3,225.2

9.562

Total Income From Special Commission of Investment

1,142.2

998

14.448

Net Income From Special Commission of Financing

1,445.8

1,423.8

1.545

Net Income From Special Commission of Investment

350.3

305.4

14.702

Total Operations Profit (Loss)

2,120.2

2,017.7

5.08

Net Profit (Loss) before Zakat and Income Tax

1,181.1

1,073.8

9.992

Net profit (Loss)

1,015.8

928.8

9.366

Total Comprehensive Income

1,183.1

1,023.3

15.616

Assets

167,292

143,358

16.695

Investments

43,055

34,783

23.781

Loans And Advances Portfolio (Financing And Investment)

108,423

90,644

19.614

Clients' deposits

100,236

95,363

5.109

Total Shareholders Equity (after Deducting Minority Equity)

15,933

15,001

6.212

Total Operating Expenses Before Provisions for Credit and Other Losses

869.3

850.2

2.246

Total Provision of Expected Credit Losses And Other Losses (Reversing Entry), Net

125.7

144.1

-12.768

Profit (Loss) per Share

0.68

0.68

Profit (Losses) Resulting From The Change In Investment Propertie's Fair Value

-

-

Accumulated Losses

-

-

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 increased by 3.0% primarily due to increase in gross financing and investment returns.

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 5.4% due to an increase in total operating income.
Total operating income increased by 4.6% primarily due to increases in net special commission income, fee income from banking services and exchange income, which was partially offset by decreases in fair value through statement of income.
Total operating expenses increased by 3.4% primarily due to an increase in general and administrative expenses, salaries and employee-related expenses, depreciation & amortization, and provisions for credit and other losses, which was partially offset by decrease in 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 quarter compared to the same quarter of the last year is

Net provision of expected credit losses and other losses increased by 3.5% primarily due to higher net charges for loans and advances.

The reason of the increase (decrease) in special commission income during the current quarter compared to the previous quarter is

Net special commission income increased by 1.7% primarily due to increases in gross financing and investment returns.

The reason of the increase (decrease) in the net profit during the current quarter compared to the previous quarter is

Net profit increased by 1.8% due to an increase in total operating income.
Total operating income increased by 1.9% primarily due to increase in net special commission income, fee income from banking services and fair value through statement of income, despite partial decrease in gains on disposals of FVOCI debt securities and exchange income.
Total operating expenses increased by 1.4% primarily due to increase in other general and administrative expenses, provisions for credit and other losses, offset partially by decrease in depreciation & amortization, 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 quarter compared to the previous quarter is

Net provision of expected credit losses and other losses increased by 4.5% mainly due to the growth in financing and investments portfolios.

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 increased by 3.9% primarily due to 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 9.4% due to an increase in total operating income.
Total operating income increased by 5.1% primarily due to increases in net special commission income, exchange income, fee income from banking services and gains on disposals of FVOCI debt securities, despite partial decrease in fair value through statement of income.
Total operating expenses marginally increased by 0.1% primarily due to increase in salaries and employee-related expenses, depreciation & amortization and rent and premises related expenses, offset by decrease in provisions for credit and other losses as well as 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 period compared to the same period of the last year is

Net provision of expected credit losses and other losses decreased by 12.8% primarily due to lower net charges for loans and advances.

Statement of the type of external auditor's report

Unmodified Conclusion

Comment mentioned in the external auditor’s report

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, 2025 and 2024 was SAR 0.68 and 0.68 respectively, which was calculated by dividing net income adjusted for Tier I Sukuk costs by 1,247 million shares and 1,250 million shares respectively representing the weighted average of the issued and outstanding shares after giving effect of the purchase of 2.7 million treasury shares.