Al Rajhi Bank · TADAWUL:1120
Al Rajhi Bank — Q3 2026 Earnings Presentation
29 slides from Al Rajhi Bank's earnings presentation, October 2026
Slide 1: Al Rajhi Bank Results Presentation
Al Rajhi Bank Results Presentation 3Q 2026 Earnings Conference Call and Webcast
Slide 2: Disclaimer
Disclaimer • AL RAJHI BANK HEREIN REFERRED TO AS ARB MAKES NO REPRESENTATION OR WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY REGARDING THIS DOCUMENT OR THE MATERIALS AND INFORMATION CONTAINED OR REFERRED TO ON EACH PAGE ASSOCIATED WITH THIS DOCUMENT. THE MATERIAL AND INFOR- MATION CONTAINED O
Slide 3: 3Q 2026 Earnings Call
3Q 2026 Earnings Call 04 3Q 2026 Results Summary 05 Harmonize The Group – Strategy Update 06 3Q 2026 Financial Highlights 19 FY 2026 Guidance 23 ESG Highlights 25 KSA’s Macro-Economic Environment 28 IR Contact Information 3Q2026 Results Presentation 3
Slide 4: 3Q 2026 Results Summary
3Q 2026 Results Summary | Results were strong in the first nine months of 2026 2.9% YTD Growth in financing portfolio 2.3% increase in liabilities LDR below regulatory cap 3.1% YTD Balance Net Financing Total Liabilities Loan to Deposit Ratio Sheet Growth 752.8bn +2.9% 774.9bn 900.4bn +2.3% 921.0bn
Slide 5: Harmonize the Group: Highlights on our strategy performance
“Harmonize the Group” | Highlights on our strategy performance Business to Business to Support Digital & Data Consumer Business Businesses Leverage customer Become ‘main bank’ Centralization Expand digital base via cross-sell of large corporates and standardization capabilities Group-wide % of custo
Slide 6: 3Q 2026 Financial Highlights
3Q 2026 Financial Highlights
Slide 7: Balance Sheet Trends (1)
Balance Sheet Trends (1) | Total assets growth of 1.8% YoY driven by Financing book growth Total Assets (SARbn) SAR (mn) 3Q 26 2Q 26 QoQ 4Q 25 YTD 1,400 +1.8% Cash & balances with SAMA 50,678 53,266 -5% 54,005 -6% 1,200 1,056 1,043 1,051 1,055 1,076 Due from banks & other FI 32,399 29,548 +10% 26,94
Slide 8: Balance Sheet Trends (2)
Balance Sheet Trends (2) | Financing grew 2.5% YoY driven by Corporate and SME Financing, Net (SARbn) Movement in Financing (SARbn) 1,000 +2.5% 600 +2.9% 756.0 752.8 774.9 11.8 774.9 53.3 58.7 70.4 752.8 3.9 11.4 500 800 1.2 0.8 0.7 400 600 214.2 211.2 222.6 (0.1) 300 (4.9) 400 200 200 487.3 482.1 4
Slide 9: Balance Sheet Trends (3)
Balance Sheet Trends (3) | Investments continue supporting our portfolio diversification Investments, Net (SARbn) Investments, Net (SARbn) -0.6% -0.6% 250 250 200 178.8 174.3 177.7 200 178.8 174.3 177.7 13.4 13.2 13.4 13.4 13.2 13.4 9.5 9.6 9.4 22.1 9.5 9.6 21.1 9.4 21.8 150 150 100 100 155.9 151.5
Slide 10: Net Income Trends
Net Income Trends | Outstanding net income with a 13.3% growth YoY in the first nine months of 2026 Net Income For The Period After Zakat (SARmn) SAR (mn) 9M 26 9M 25 YoY 3Q 26 3Q 25 YoY 12,000 +11.7% Net financing & investment income 25,325 21,696 +17% 8,613 7,294 +18% Fee from banking services, ne
Slide 11: Operating Income Trends
Operating Income Trends | Higher operating income driven by net yield and fee income growth Total Operating Income (SARmn) Total Operating Income Growth Drivers By Type (SARmn) 18,000 +12.5% +13.4% 40,000 16,000 35,000 14,000 11,115 3,629 644 135 32,528 10,409 10,528 10,884 30,000 9,882 28,685 12,00
Slide 12: Expenses Trends
Expenses Trends | Cost efficiencies remains solid with a market leading cost to income ratio of 22.2% Operating Expenses (SARmn) Operating Expenses Growth Drivers By Type (SARmn) 7,000 4,000 3,500 +6.3% 6,000 +11.8% 2,680 1,059 7,208 2,457 3,000 5,000 2,395 2,357 212 2,500 2,216 4,000 6,447 2,000 3,
Slide 13: Net Impairment & Cost of Risk
Net Impairment & Cost of Risk | Higher gross charge due to Financing portfolio growth Net Impairment Charges (SARmn) Cost of Risk (%) +49.5% 1,650 0 1,450 0 1,250 881 0.39% 0.41% 852 1,050 0 0.31% 0.32% 0.33% 626 631 850 650 570 0 450 0 250 50 (0) 3Q 25 4Q 25 1Q 26 2Q 26 3Q 26 9M 25 FY 25 1Q 26 1H 2
Slide 14: Asset Quality Trends (1)
Asset Quality Trends (1) | Asset quality remains healthy Movement in NPL (SARmn) NPL Formation (SARmn) 9,000 5,000 +5.2% 8,000 +5.2% 4,674 5,989 4,000 5,694 7,000 528 5,989 5,694 6,000 3,000 5,000 4,000 (233) 2,000 3,000 2,000 1,000 (4,380) 1,000 0 0 4Q 25 Retail Non-Retail 3Q 26 4Q 25 Write off Net
Slide 15: Asset Quality Trends (2)
Asset Quality Trends (2) | Healthy stage coverage reflecting prudent risk management ECL by Stage (SARmn) Movement in ECL by Group (SARmn) 9,109 +3.7% 12,000 10,000 8,784 8,683 10,000 8,000 4,298 8,000 8,784 638 9,109 6,000 4,399 4,287 6,000 (313) 1,653 1,682 1,989 4,000 4,000 2,000 2,732 2,714 2,82
Slide 16: Liquidity Trends
Liquidity Trends | Liquidity remains comfortably within regulatory requirements HQLA (SARbn) Loan to Deposits Ratio (SAMA) (%) 200 +4.1% Regulatory 1 Maximum 90% 127.3 132.0 127.3 1 127.6 150 122.3 82.8% 82.6% 82.8% 83.6% 1 81.2% 100 1 1 50 1 0 0 3Q 25 4Q 25 1Q 26 2Q 26 3Q 26 3Q 25 4Q 25 1Q 26 2Q 26
Slide 17: Capitalization Trends
Capitalization Trends | Capital position well above regulatory minima RWA (SARbn) Total Capital (SARbn) 250 +3.4% +15.7% 1,000 200 670.2 673.9 692.7 163.7 800 46.1 46.1 51.5 147.3 141.5 13.8 14.6 150 17.1 15.3 9.2 600 9.3 100 400 607.0 612.5 627.4 132.2 138.1 149.1 50 200 0 0 3Q 25 4Q 25 3Q 26 3Q 25
Slide 18: Return Metrics
Return Metrics | Al Rajhi Bank’s returns remain industry-leading Return on RWA (%) Earnings per Share (SAR) +11.0% 2 0 2 0 4.07% 4.07% 1 3.98% 1.06 1.11 1.10 0 3.83% 3.86% 0.99 1.01 1 0 1 0 1 0 1 0 0 0 0 0 0 9M 25 FY 25 1Q 26 1H 26 9M 26 3Q 25 4Q 25 1Q 26 2Q 26 3Q 26 Return on Equity (%) Return on A
Slide 19: FY 2026 Guidance
FY 2026 Guidance
Slide 20: FY 2026 Assumptions and Outlook
FY 2026 Assumptions and Outlook | Interest rates are expected to increase by end of 2026 • Saudi real GDP is estimated to decline by 4.7% in Q2 2026 driven by lower oil activities • IMF has revised Saudi GDP growth forecasts to 3.3% contraction for 2026 and 7.9% growth for 2027 Economy • Consumer sp
Slide 21: FY 2026 Guidance
FY 2026 Guidance | For our strategy “Harmonize the Group“ FY 2026 Guidance 9M 2026 Actual Guidance Revision Balance Sheet Financing Low to mid single digit +2.9% Low single digit Net profit margin +30 bps to +40 bps +35 bps +30 bps to +40 bps Profitability Cost to income ratio Below 23.0% 22.2% Belo
Slide 22: Q&A
Q&A
Slide 23: ESG Highlights
ESG Highlights
Slide 24: ESG Highlights | 3Q 2026
ESG Highlights | 3Q 2026 +200 USD 5.5 bn Scholarships to Orphan ISO/DIS 37301:2020 Green syndicated loans students to join Compliance Universities Started using solar +39k ISO 22301:2019 energy system in 61 Families have been benefited from the USD 1.0bn Business Continuity branches to reduce Social
Slide 25: KSA's Macro-Economic Environment
KSA’s Macro–Economic Environment
Slide 26: KSA Economic Outlook
KSA Economic Outlook | Economic conditions remain positive for the Kingdom GDP Growth/Brent Oil Price Highlights 99.0 91.0 • Saudi GDP is expected to decline by 4.7% in Q2 2026 driven by lower 82.5 80.5 100.0 7.2 70.9 69.0 oil activities. 5.2 80.0 8.7 60.0 3.2 4.3 • Based on IMF forecasts, Saudi’s G
Slide 27: Banking Sector Highlights
Banking Sector Highlights | Banking system deposits continue growing in the third quarter 2026 Recent Developments SAMA LDR (%) & Bank Loans and Deposits (SARmn) 81.5% 80.7% 83.2% 80.3% 81.7% • Deposits have grown in the banking system by end of August 2026 4,000 3,464 3,296 80.0% aligned with loans
Slide 28: IR Contact Information
IR Contact Information
Slide 29: Additional Information
Additional Information | Contact investor relations for more information Investors Relations IR@alrajhibank.com.sa Visit our website (here) for more Investor disclosers: • Annual Report • Factsheet • Financial Statements • Data Supplement • Investor Presentation • Earnings Release Alrajhi Mobile App