Riyad Bank · TADAWUL:1010
Riyad Bank — Q1 2024 Earnings Presentation
18 slides from Riyad Bank's earnings presentation, May 7, 2024
Slide 1: Earnings Presentation 1Q 2024
w, ot f ‘a ( i t f Earnings Presentation 1Q 2024 f / Ms: ~~ ~~ SSO ~~~ ss ~~~ =~ ee Riyad Bank - Earnings Presentation - 07/05/24
Slide 2: 1Q 2024 Performance Highlights
1Q 2024 Performance Highlights Stable growth +3% 3.40% +3% 15.5% p q p q Healthy & resilient 1.19% 140.8% 19.3% 82.7% financial position Good progress on refreshed strategy General Business
Slide 3: Strategy Update
|_| Strategy Update Riyad Bank - Earnings Presentation -07/05/24 General Business
Slide 4: Our ambition is to be the best Bank in KSA
Our ambition is to be the best Bank in KSA Most Profitable Most Efficient Bank of Choice Most Innovative & Digitally Enabled General Business
Slide 5: 1Q 2024 Financial Performance
| | 1Q 2024 Financial Performance Riyad Bank - Earnings Presentation -07/05/24
Slide 6: Decent growth in profitability supported by fee & other income and improved asset quality
Decent growth in profitability supported by fee & other income and improved asset quality p p +5% +3% +3% p +4% -1% p +16% 147.6% 82.7% 16.5% 19.3% General Business
Slide 7: Solid balance sheet expansion driven by growth in loans and investments
Solid balance sheet expansion driven by growth in loans and investments 145 p 9.1 22.1% General Business
Slide 8: Which was funded mainly by interest bearing deposits while overall liquidity position remained comfortable
Which was funded mainly by interest bearing deposits while overall liquidity position remained comfortable, leaving ample room for growth q q 109.6% 147.6% 82.7% 104.4% General Business
Slide 9: Slight drop in NSCI from shifting deposit mix and higher funding costs
Slight drop in NSCI from shifting deposit mix and higher funding costs General Business
Slide 10: While fee & other income witnessed a strong growth driven by higher fees from banking services
While fee & other income witnessed a strong growth driven by higher fees from banking services 703 General Business
Slide 11: Ongoing investments in infrastructure, digital capabilities, and strategic initiatives resulted in a higher cost to income ratio
Ongoing investments in infrastructure, digital capabilities, and strategic initiatives resulted in a higher cost to income ratio 52% General Business
Slide 12: Cost of risk improved from proactive risk management and better asset quality
Cost of risk improved from proactive risk management and better asset quality q 140.8% 0.27% 12.2% 48.0% q q p General Business
Slide 13: Together these factors supported the growth in profitability
Together these factors supported the growth in profitability p 4,088 q 2,742 General Business
Slide 14: Supporting strong and stable capitalization well above regulatory minima
Supporting strong and stable capitalization well above regulatory minima General Business
Slide 15: With all KPIs within expectations
With all KPIs within expectations Loans, Net SAR 283 bn (+12% YoY) NSCI Margin 3.40% (-21bps YTD) Cost to Income 32.9% Cost of Credit Risk 0.62% CET1 14.7% ROAE after Zakat 15.5% General Business
Slide 16: Appendix
| Appendix Riyad Bank - Earnings Presentation -07/05/24 General Business
Slide 17: Contact the investor relations for more information
Contact the investor relations for more information General Business
Slide 18: Disclaimer
Disclaimer General Business