Saudi National Bank · TADAWUL:1180
Saudi National Bank — Q3 2025 Earnings Presentation
27 slides from Saudi National Bank's earnings presentation, Nov 3, 2025
Slide 1: 3Q 2025 Earnings Presentation
3Q 2025 Earnings Presentation 3 November 2025
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 CEO’s Opening Remarks 01 Progress on Strategy 02 9M 2025 Financials 03 Our goal is to propel the nation’s progress towards Vision 2030 and beyond by spearheading technological Appendix 04 innovation, encouraging progressive thinking, and using our expertise to provide the best oppo
Slide 4: CEO's Opening Remarks
CEO's Opening Remarks 0 1 SNB
Slide 5: 9M 2025 CEO Highlights
9M 2025 CEO Highlights Strong progress against our strategy — sustaining profitable growth through customer centric approach, innovation focus and operational excellence Financing ¥ 725bn Wholesale (+20%) +11% YTD CASA +¥ 68bn +16% YTD Growth Across Core Retail (+3%) CASA Ratio at 76.2% Customer-cen
Slide 6: Progress on Strategy
Progress on Strategy 0 2 SNB
Slide 7: 3Q 2025 Key Highlights
3Q 2025 Key Highlights 3Q 2025 marked positive progress across our strategic KPIs Market share and value creation Grow Financing market share Drive CASA acquisition SNB Capital leadership CASA Growth, CAGR 2024-27 AUM market Total financing market share Wholesale financing market share Retail financ
Slide 8: Sustainability Update
Sustainability Update SNB combines strong financial resilience with sustainability leadership, advancing ESG strategy and sustainable finance SNB has advanced its sustainability journey since 2021 through the launch and expansion of its Building on this foundation, SNB has issued a total of 9 outsta
Slide 9: 9M 2025 Financials
9M 2025 Financials 03 SNB
Slide 10: 9M 2025 Financial Performance Highlights
9M 2025 Financial Performance Highlights SNB delivered another quarter of record net income, driven by strong balance sheet growth, robust core revenues, improved cost discipline, and solid credit quality Strong financing growth from Wholesale financing and Mortgage expansion with a decreasing NPL r
Slide 11: Balance Sheet Summary
Balance Sheet Summary Balance sheet expansion of 9% YTD mainly from financing & investment growth, supported by a 10% increase in domestic customers’ deposits Total Assets (¥bn) Total Assets Movement YTD (¥bn) +9% +9% 1,201.0 1,206.6 67.3 5.0 1,206.6 1,104.2 91 88 26.0 94 1,104.2 10.6 (6.5) 715 725
Slide 12: Financing & Advances
Financing & Advances An 11% YTD increase in financing fueled by Wholesale financing and mortgages Financing & Advances, Net (¥bn) Financing & Advances, Net Movement YTD (¥bn) 2025 Guidance Low double-digit +11% +11% 714.8 725.1 8.6 0.2 3.5 725.1 654.3 4 4 48.6 3 20 21 17 40 41 654.3 11.0 32 258 308
Slide 13: Investments
Investments Investments increased by 9% YTD, supported by growth in SGDS, other fixed income and funds & equity Investments, Net (¥bn) Investments, Net Movement YTD (¥bn) +9% +9% 315.5 318.2 9.0 2.3 318.2 292.5 14.7 292.5 (0.3) 192 195 180 +1% 87 94 QoQ 93 26 29 30 +9% +9% +8% -5% 4Q 24 2Q 25 3Q 25
Slide 14: Customers' Deposits
Customers' Deposits Customers’ deposits grew 10% YTD, primarily driven by domestic CASA inflows; this contributed to an improved CASA ratio of 76.2% Customers' Deposits (¥bn) Customers' Deposits Movement YTD (¥bn) +10% +10% 658.7 639.5 67.9 579.8 0.4 3.7 639.5 26 29 31 133 123 130 579.8 (12.3) 500 -
Slide 15: Income Statement Summary
Income Statement Summary 19% YoY Net income growth driven by revenue uplift, cost discipline and better risk costs, reflecting strong asset quality Net Income Attributed To Equity Holders Movement YoY (¥mn) Net Income (¥mn) +19% +21% +19% 6,137 6,469 316 990 18,648 18,628 5,366 32 15,724 911 1,125 1
Slide 16: NSCI & Margin
NSCI & Margin 4% YoY NSCI growth, reflecting solid earning asset expansion and modest margin pressure 2025 Guidance Low-to-mid single digit 1 Net Special Commission Income Movement YoY (¥bn) growth NSCI Margin QTR (%) +4% 3.05% +7% +5% 2.98% 6.8 7.1 7.3 3.05% 20.8 20.3 0.7 0.4 1.1 21.2 0.5 21.6 2.94
Slide 17: Fee & Other Income
Fee & Other Income Fee and Other Income increased by 22% driven by investment income, FX, trade finance and International, partly offset by lower brokerage income Fee and Other Income Movement YoY (¥mn) Fee & Other Income (¥mn) +22% +21% +20% 919 7,619 2,838 821 6,699 2,350 2,420 6,242 176 369 382 5
Slide 18: Operating Expenses
Operating Expenses Operating expenses declined by 4% for 9M 2025 and by 14% YoY in 3Q 2025; cost-to-income ratios improved to record levels 1 1 Total Operating Expenses Movement YoY (¥mn) Operating Expenses (¥mn) -4% -14% -5% 2,664 2,560 7,664 1,096 7,368 2,287 6,587 370 386 6,272 324 1,076 (16) (28
Slide 19: Financing Credit Impairments & Cost of Risk
Financing Credit Impairments & Cost of Risk Cost of Risk came in at 2bps, supported by recovery efforts with meaningful inflows from fully provisioned and legacy exposures Impairment Charge for Financing and Advances Losses Movement Impairment Charge for Financing and Advances Losses YoY (¥mn) YoY (
Slide 20: Credit Quality
Credit Quality Asset quality improved with the NPL Ratio decreasing to 80 basis points Credit Impaired Financing (¥mn) NPL Ratio (%) 1.16% -24% 1.13% 7,692 1.13% 1.09% 423 5,828 5,880 335 362 0.91% 7,269 0.81% 1 5,493 +1% 5,517 0.89% 0.80% QoQ 0.78% 0.78% 4Q 24 2Q 25 3Q 25 3Q 24 4Q 24 1Q 25 2Q 25 3Q
Slide 21: Capitalization & Liquidity
Capitalization & Liquidity Capitalization remains strong, supported by solid net income generation, despite robust financing growth Capitalization Ratios (%) 2025 Guidance Total Eligible Capital Movement YTD (¥bn) Tier 1 CAR: 19-20% 20.8% 20.6% +6% 19.3% 20.8% 19.4% 20.3% 18.6 2.1 1.2 167.0 19.5% 15
Slide 22: Outlook & Guidance
Outlook & Guidance Upgrades to FY 2025 guidance reflect solid performance momentum, deepening innovation and improved cost efficiencies, leading to sustained profitability enhancements Macro-Economic FY 2024 FY 20252 SNB Financial Guidance FY 2024 Baseline 9M 2025 FY 2025 Guidance Status Outlook1 ¥
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 Write to 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 Disclosure