Saudi National Bank · TADAWUL:1180
Saudi National Bank — Q2 2026 Earnings Presentation
27 slides from Saudi National Bank's earnings presentation, Aug 5, 2026
Slide 1: 2Q 2026 Earnings Presentation
Classified as Public / عام 2Q 2026 Earnings Presentation 5 August 2026
Slide 2: Disclaimer
Disclaimer The Saudi National Bank (SNB) prepared this presentation on a proprietary basis as general background information about the activities of SNB. The information contained herein is given in summary form and for discussion purposes only. Some of the information that is relied upon by SNB is
Slide 3: Table of Contents
Table of Contents Group CEO’s Opening Remarks 01 Progress on Strategy 02 2Q 2026 Financials 03 Appendix 04 Our goal is to propel the nation’s progress towards Vision 2030 and beyond by spearheading technological innovation, encouraging progressive thinking, and using our expertise to provide the bes
Slide 4: Group CEO's Opening Remarks
Group CEO’s Opening 01 Remarks
Slide 5: SNB delivered SAR 13.0 billion net income for 1H 2026 and an attractive ROTE
SNB National Banking Champion SNB delivered ¥ 13.0 billion Net income for 1H 2026 and an attractive ROTE at 16.9%; SNB is at the heart of Saudi Arabia’s resilient economy and Vision 2030 transformation Strategy Market Share and Operational Customer Innovation Talent Magnet pillars Value Creation Exc
Slide 6: Progress on Strategy
Progress on Strategy 0 2 SNB
Slide 7: 1H 2026 marked steady progress towards our strategic 2027 Financial KPIs
Strategy KPIs Review 1H 2026 marked steady progress towards our strategic 2027 Financial KPIs… Metrics1 2024 Baseline 2027 Targets 1H 2026 Financing growth CAGR 2024-27 ﷼654bn Low double digit 9% CASA growth CAGR 2024-27 ﷼419bn High single to low double digit 8% NSCI growth CAGR 2024-272 ﷼2
Slide 8: Positive momentum in our non-financial 2027 KPIs
Strategy KPIs Review ….. and positive momentum in our non-financial 2027 KPIs Metrics 2024 Baseline 2027 Targets 1H 2026 Share of Retail digital financing sales 15% 30% 33% SNB NEO customers 1 mn <5 mn ~1.9 mn AI & Data Use Cases 3 >30 21 Organizational Health Index (OHI) Baseline +20% - Training Da
Slide 9: 2Q 2026 Financials
20 2026 Financials 03 SNB
Slide 10: Outlook & Guidance
Outlook & Guidance Continued delivery against FY 2026 guidance with an updated outlook for financing growth & CoR; KSA Economy continues to demonstrate resilience Macro-Economic FY 2025 FY 20262 SNB Financial Guidance FY 2025 Baseline 1H 2026 Actual FY 2026 Guidance Status Outlook1 Real GDP Growth +
Slide 11: 2Q 2026 Financial Performance Highlights
2Q 2026 Financial Performance Highlights 1H Net income growth of 7% YoY was supported by higher Operating income, NIM expansion, cost discipline, strong credit quality, measured Asset growth and strong Deposits inflows Financing grew by ﷼10.3bn with ongoing Retail momentum, +2.4% And measured exp
Slide 12: Balance Sheet Summary
Balance Sheet Summary Assets grew 3% YTD with ongoing focus on value driven growth in Financing & Investments; Liabilities grew 2%, with a larger focus on growth of Customers’ deposits Total Assets (¥bn) Total Assets Movement YTD (¥bn) +3% +3% 1,210.0 1,228.5 1,244.7 21.6 2.5 9.5 1.6 1,244.7 1,210.0
Slide 13: Financing & Advances
Financing & Advances Financing grew by ¥ 10.3bn YTD driven by ¥ 11.5bn in Corporate & MSME and ¥ 8.3bn in Retail, with a partial offset in FI by ¥ 9.7bn FY 2026 Guidance Financing & Advances, Net (¥bn) Financing & Advances, Net Movement YTD (¥bn) Mid single digit +1.4% +1.4% 729.3 732.7 3 739.6 3 11
Slide 14: Investments
Investments Investments increased 1% YTD while retaining strong quality; Growth was primarily driven by Other fixed income, and Funds & equity Investments, Net (¥bn) Investments, Net Movement YTD (¥bn) +1% +1% 320.0 323.2 322.2 320.0 7.5 2.9 322.2 (0.3) 195 194 190 (8.0) -0% 94 96 QoQ 97 31 33 35 -4
Slide 15: Customers' Deposits
Customers' Deposits Customers’ deposits expanded by ¥ 62bn YTD supported by strong inflows; Domestic Time & other grew 34% alongside Domestic CASA growth of 2% Customers' Deposits (¥bn) Customers' Deposits Movement YTD (¥bn) +10% +10% 665.5 698.2 52.7 2.0 698.2 636.1 22 25 26 202 636.1 8.0 146 168 (
Slide 16: Income Statement Summary
Income Statement Summary Net income increased 7% YoY, driven by higher Operating income, continued cost discipline, and strong credit quality Cumulative Net Income Attributed To Equity Holders Movement YoY (¥mn) Net Income (¥mn) +7% +8% +6% 6,423 6,606 12,159 12,212 716 251 12,939 90 13,029 6,137 30
Slide 17: NSCI & Margin
NSCI & Margin 7% NSCI growth YoY driven by the positive impact of repricing and a careful management of funding costs; NSCI Margin improved to reach 3.02% in 2Q 2026 FY 2026 Guidance Net Special Commission Income Movement YoY (¥mn) Mid single digit NSCI (¥mn) +7% +11% +5% 7,894 652 15,390 7,084 7,49
Slide 18: Fee & Other Income
Fee & Other Income Fee & other income increased 1% YoY; growth in FX, International and Investment-related income was offset by softer Trade Finance and Capital Markets activity Fee and Other Income Movement YoY (¥mn) Fee & Other Income (¥mn) +1% +11% -4% 2,689 4,787 750 4,843 2,426 4,247 63 66 4,09
Slide 19: Operating Expenses
Operating Expenses OpEx was contained to 2% YoY while improving sequentially by -0.4% QoQ reflecting ongoing optimization initiatives and continued cost discipline 1 1 Total Operating Expenses Movement YoY (¥mn) 1 Operating Expenses (¥mn) +2% +1% +1% 846 5,181 2,560 2,596 2,585 5,081 4,310 33 22 4,3
Slide 20: Financing Credit Impairments & Cost of Risk
Financing Credit Impairments & Cost of Risk Cost of risk came in at -9 bps YTD, reflecting continued prudent credit risk management Impairment Charge for Financing and Advances Losses Movement Impairment Charge for Financing and Advances Losses YoY (¥mn) YoY (¥mn) +128% 260 -145% 56 +132% (170) (577
Slide 21: Credit Quality
Credit Quality Asset quality remained strong YTD, with continued low NPL ratios and healthy stage-wise coverage levels Non-Performing financing and advances (¥mn) NPL Ratio (%) +0% 5,001 4,942 5,014 0.80% 0.81% 0.68% 0.67% 1 354 388 381 0.67% 0.78% 0.78% 0.64% 0.65% 0.63% 4,648 4,554 4,633 +1% QoQ 4
Slide 22: Capitalization & Liquidity
Capitalization & Liquidity Capitalization remained healthy, reflecting solid earnings generation and successful AT1 issuance; Liquidity ratios remain well cushioned Capitalization Ratios (%) FY 2026 Guidance Total Eligible Capital Movement YTD (¥bn) Tier 1 ratio: 19-20% 21.9% +6% 20.8% 21.2% 22.0% 2
Slide 23: Questions & Answers
Questions & Answers SNB
Slide 24: Appendix
Appendix 04 SNB
Slide 25: SNB Strategy 2025-2027
SNB Strategy 2025-2027 SNB’s comprehensive strategy prioritizes sustainable growth in the Kingdom and embraces a customer-centric approach, while championing innovation Key Pillars Themes Target emerging segments with Market Share and focus on improving returns and fee Grow Financing Drive CASA Enha
Slide 26: SNB Financial Ratio Definitions
Definitions SNB Financial Ratio Definitions Net Special Commission Income Margin Annualized Net Special Commission Income excluding FV adjustment / Average commission earning assets (NSCI Margin; also known as NIM) Cost to Income Ratio (CIR) Total Operating Expense excluding Amortization of Intangib
Slide 27: Additional Information
Additional Information Contact Us Email Us The Saudi National Bank Tower, Unit No. 778 ir@alahli.com King Abdullah Financial District 3208, Al Aqeeq District, King Fahad Road Access SNB’s current and previous Investor Disclosures Riyadh, Kingdom Of Saudi Arabia, 13519 - 6676 SNB Investor Disclosures