Riyad Bank · TADAWUL:1010
Riyad Bank — 9M 2024 Earnings Presentation
19 slides from Riyad Bank's earnings presentation, Nov 6, 2024
Slide 1: Earnings Presentation 9M 2024
w, ot f ‘a ( i t f Earnings Presentation 9M 2024 f / Ms: ~~ ~~ SSO ~~~ ss ~~~ =~ ee Riyad Bank - Earnings Presentation - 06/11/24
Slide 2: 9M 2024 Performance Highlights
9M 2024 Performance Highlights Strong Performance +11% 3.40% +16% 17.1% p q p p Healthy & resilient 1.20% 144.9% 18.2% 84.6% financial position Good progress on refreshed strategy General Business
Slide 3: Strategy Update
|_| Strategy Update Riyad Bank - Earnings Presentation - 06/11/24 ‘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: Progress on strategic initiatives which are driving business growth and enhancing customer experience
Progress on strategic initiatives which are driving business growth and enhancing customer experience Bank of Choice • General Business
Slide 6: 9M 2024 Financial Performance
| | 9M 2024 Financial Performance Riyad Bank - Earnings Presentation - 06/11/24
Slide 7: Strong growth in profitability supported by operating income and improved efficiencies
Strong growth in profitability supported by operating income and improved efficiencies p p +12% +11% +16% p +22% +2% p +5% 142.0% 84.6% 15.6% 18.2% General Business
Slide 8: Solid balance sheet expansion driven by growth in loans and investments
Solid balance sheet expansion driven by growth in loans and investments 163 p 10.4 21.9% General Business
Slide 9: Which was funded by a mix of IBs and NIBs with overall liquidity position remained comfortable
Which was funded by a mix of IBs and NIBs with overall liquidity position remained comfortable, leaving ample room for growth q q 109.3% 142.0% 84.6% 104.0% General Business
Slide 10: NSCI witnessed a marginal increase driven by improved asset yield and cost of fund management
NSCI witnessed a marginal increase driven by improved asset yield and cost of fund management General Business
Slide 11: Fee & other income increased from a strong growth in fees from banking services
Fee & other income increased from a strong growth in fees from banking services, FX income and investment related income 2,166 General Business
Slide 12: Cost efficiency continues to improve despite ongoing investments
Cost efficiency continues to improve despite ongoing investments in infrastructure, digital capabilities, and strategic initiatives 55% General Business
Slide 13: Cost of risk normalized from proactive risk management, higher recoveries and sustained asset quality
Cost of risk normalized from proactive risk management, higher recoveries and sustained asset quality p 144.9% 0.26% 14.5% 48.4% q p p General Business
Slide 14: Together these factors drove the strong growth in profitability
Together these factors drove the strong growth in profitability p 12,630 p 8,752 General Business
Slide 15: Supporting healthy capitalization well above regulatory minima
Supporting healthy capitalization well above regulatory minima General Business
Slide 16: With all KPIs within or ahead of expectations
With all KPIs within or ahead of expectations Loans, Net SAR 305 bn (+11% YTD) NSCI Margin 3.40% (-21bps YTD) Cost to Income 30.7% Cost of Credit Risk 0.51% CET1 14.0% ROAE after Zakat 17.1% General Business
Slide 17: Appendix
| Appendix Riyad Bank - Earnings Presentation - 06/11/24 ‘General Business
Slide 18: Contact the investor relations for more information
Contact the investor relations for more information General Business
Slide 19: Disclaimer
Disclaimer General Business