Al Rajhi Bank · TADAWUL:1120
Al Rajhi Bank — Q1 2025 Earnings Presentation
29 slides from Al Rajhi Bank's earnings presentation, 2025
Slide 1: Al Rajhi Bank Investor Presentation 1Q 2025
Al Rajhi Bank Investor Presentation 1Q 2025
Slide 2: 1Q 2025 Investor Presentation
1Q 2025 Investor Presentation 03 The World’s Leading Islamic Bank 12 Harmonize the group Strategy 11 ESG Highlights 14 1Q 2025 Financial Highlights 26 IR Contact Information 1Q 2025 Investor Presentation 2
Slide 3: The World's Leading Islamic Bank
The World’s Leading Islamic Bank
Slide 4: Al Rajhi Bank | Islamic Banking, Everywhere
Al Rajhi Bank | Islamic Banking, Everywhere At a glance, 1Q 2025 Presence & Branches, 1Q 2025 100% 69% Jordan Kuwait Islamic CASA Customers 13 2 511 4,322 Branches ATMs 19.0 million 85% 95 : 5 +840k 136 NPS Digital : Manual 511 Remittance 13 POS Centers Saudi Arabia Malaysia Largest network in Saudi
Slide 5: Top Facts About Al Rajhi Bank
Top 10 Facts About Al Rajhi Bank Largest Islamic Bank worldwide #1 Bank in KSA 1 (by Assets & Market Cap) 6 (by total financing, total deposits, and number of customers) #1 Retail Bank in Middle East #1 Distribution network in Middle East 2 (Retail Deposits & Income) 7 (by # of Branches, POS, ATMs,
Slide 6: Robust balance sheet with 69% CASA deposits
The World’s Leading Islamic Bank | Robust balance sheet with 69% CASA deposits in 2025 Total Assets (SARbn) Capital Ratios (%) 0 +64.0% 1023 0 1,200 974 21.4% 21.5% 0 20.2% 20.6% 808 1,000 762 624 20.3% 20.4% 0 800 17.5% 19.3% 19.8% 0 600 16.4% 17.2% 0 400 200 0 16.0% 15.8% 0 0 2021 2022 2023 2024 1
Slide 7: What sets Al Rajhi Bank Apart
What sets Al Rajhi Bank Apart | ARB has the largest retail banking business in the Kingdom Market Share - Demand Deposits Market Share - Deposits 1 19.0 -170bps 0 +50bps 0 0 24.2% 24.6% 23.4% 23.2% 22.5% 28.6% 0 25.9% 25.2% 26.4% 24.6% 0 0 0 Million 0 0 Customers 0 0 0 0 2021 2022 2023 2024 1Q 25 20
Slide 8: Al Rajhi Bank's Leading Network
Al Rajhi Bank’s Leading Network | The Bank has the largest distribution network in Saudi Arabia #1 in Branches #1 in ATMs Market Share - Branches Market Share - ATMs 1 +10bps -70bps 0 0 0 29.6% 29.1% 29.0% 0 0 26.8% 26.8% 26.9% 26.9% 26.9% 0 28.5% 28.9% 0 0 0 0 0 0 0 0 0 2021 2022 2023 2024 1Q 25 20
Slide 9: Al Rajhi Bank has a unique franchise
Al Rajhi Bank has a unique franchise | We maintain a leading market share across key products #1 in Personal Loans #1 in Auto Loans Market Share - Personal Loans Market Share - Auto Loans 1 1 1 -370bps 1 -1310bps 51.8% 51.7% 1 44.6% 44.3% 41.0% 41.6% 40.9% 1 43.7% 40.3% 1 0 38.7% 0 0 0 0 0 0 0 0 0 2
Slide 10: Al Rajhi Bank Market Performance
Al Rajhi Bank Market Performance | ARB maintained its momentum and outperform its peer group • Share Price Performance Top 3 KSA Banks (Daily; Rebased to 100) 31 Mar 2025 RAJHI SNB Riyad TASI 300 Key Metrics Closing Price SAR 102 Market Cap SAR 408 bn 250 RAJHI, 250 Market Cap / % Industry 38.8% Mar
Slide 11: ESG Highlights
ESG Highlights
Slide 12: ESG Highlights
ESG Highlights +200 USD 4.6 bn Scholarships to Orphan ISO/DIS 37301:2020 Green syndicated loan students to join Compliance Universities Started using solar +39k energy system in 61 Families have been +24k ISO 22301:2019 benefited from the Employees across the Business Continuity branches to reduce a
Slide 13: Our strategy: Harmonize the group
Our strategy “Harmonize the group”
Slide 14: 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 15: 1Q 2025 Financial Highlights
1Q 2025 Financial Highlights
Slide 16: 1Q 2025 Results Summary
1Q 2025 Results Summary | Results were exceptional for the first quarter 2025 4.2% YTD Growth in financing portfolio 4.4% Growth in liabilities LDR below regulatory minima 5.0% YTD Balance Net Financing Total Liabilities Loan to Deposit Ratio Sheet Growth 693.4bn +4.2% 722.8bn 851.2bn +4.4% 889.0bn
Slide 17: Balance Sheet Trends (1)
Balance Sheet Trends (1) | Balance sheet growth of 22.4% YoY driven by Financing and Investments Total Assets (SARbn) SAR (mn) 1Q 25 4Q 24 QoQ 1Q 24 YoY Cash & balances with SAMA 65,077 53,245 +22% 43,171 +51% 1,400 +22.4% 1,200 Due from banks & other FI 20,978 19,530 +7% 8,913 +135% 974 1,023 Inves
Slide 18: Balance Sheet Trends (2)
Balance Sheet Trends (2) | Financing growth is driven by Mortgage and Corporate Financing, Net (SARbn) Financing, Net Mix By Segment Retail Financing Mix By Segment 1,050 (SARbn) (SARbn) Corporate +18.7% SAR 195bn Auto Loans SME SAR 22bn 722.8 27% SAR 42bn 850 693.4 4% Credit Cards 41.8 609.0 39.1 6
Slide 19: Balance Sheet Trends (3)
Balance Sheet Trends (3) | Balance sheet shows improving funding mix Total Liabilities (SARbn) Total Customers' Deposits Mix By Total Liabilities Mix By Segment Type (SARbn) (SARbn) Treasury 1,200 +22.2% SAR 230bn Customers’ Time 26% 1,000 851.2 889.0 Investments Other 47.7 Rajhi 727.7 41.1 SAR 195b
Slide 20: Net Income Trends
Net Income Trends | highest-ever quarterly net income with a 34.1% growth YoY Net Income For The Period After Zakat (SARmn) SAR (mn) 1Q 25 1Q 24 YoY 1Q 25 4Q 24 QoQ 10,000 Net financing & investment income 7,097 5,647 +26% 7,097 6,941 +2% +34.1% Fee from banking services, net 1,373 1,039 +32% 1,373
Slide 21: 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) 12,000 14,000 +27.3% 10,000 +27.3% 12,000 334 34 152 9,200 8,750 9,200 1,450 8,439 10,000 8,000 8,000 7,229 7,637 7,229 6,0
Slide 22: Expenses Trends
Expenses Trends | Cost efficiencies remains solid with a market leading cost to income ratio of 22.7% Operating Expenses (SARmn) Operating Expenses Growth Drivers By Type (SARmn) 3,500 2,000 3,000 +10.3% +10.3% 2,070 2,050 2,088 88 22 2,088 1,500 2,500 1,894 1,956 85 2,000 1,894 1,000 1,500 1,000 50
Slide 23: Liquidity Trends
Liquidity Trends | Liquidity remains comfortably within regulatory requirements HQLA (SARbn) Loan to Deposits Ratio (SAMA) (%) 200 Regulatory 1 +18.1% Maximum 90% 131.0 85.5% 1 128.1 124.5 84.9% 150 121.1 79.7% 105.4 1 78.7% 78.3% 100 1 1 50 1 0 0 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 1Q 24 2Q 24 3Q 24 4Q 2
Slide 24: Net Impairment & Assets quality
Net Impairment & Assets quality | Higher gross charge due to Financing portfolio growth Net Impairment Charges (SARmn) Cost of Risk (%) 1,250 +24.6% 0 1,050 0 688 850 0.33% 0.32% 0.29% 553 0.28% 0 650 525 0.28% 421 455 0 450 0 250 50 (0) 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 1Q 24 1H 24 9M 24 FY 24 1Q 25 NP
Slide 25: Capitalization Trends
Capitalization Trends | Capital position well above regulatory minima RWA (SARbn) Total Capital (SARbn) 900 200 800 +18.6% +21.1% 651.1 700 611.4 56.2 134.4 549.0 47.0 123.6 150 47.0 110.9 5.4 600 10.5 21.2 500 5.6 8.2 5.6 100 400 300 554.0 573.8 118.0 129.0 200 493.8 50 105.3 100 0 0 1Q 24 4Q 24 1Q
Slide 26: Return Metrics
Return Metrics | Al Rajhi Bank’s returns remain industry-leading Return on RWA (%) Earnings per Share (SAR) 3 0 0 +34.7% 2 1.41 0 3.74% 1.29 1.22 2 0 3.35% 3.45% 3.49% 1.12 3.30% 1.05 0 1 0 1 0 0 0 1Q 24 1H 24 9M 24 FY 24 1Q 25 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 Return on Equity (%) Return on Assets (%)
Slide 27: IR Contact Information
IR Contact Information
Slide 28: Additional Information
Additional Information | Contact investor relations for more information Sulaiman Alquraishi Mohammed M. Alqahtani +966 (11) 828 1987 +966 (11) 828 1921 Alquraishis@alrajhibank.com.sa AlqahtaniM-M@alrajhibank.com.sa Aishah Alshammari +966-11-828-1973 Investors Relations Al-shammariAK@alrajhibank.com
Slide 29: 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