Saudi Investment Bank · TADAWUL:1030
Saudi Investment Bank — The Saudi Investment Bank — Q1 2025 Earnings Presentation
26 slides from Saudi Investment Bank's earnings presentation, May 8, 2025
Slide 1: Earnings Presentation 1Q 2025
Earnings Presentation 1Q 2025 8 May 2025 The Saudi Investment Bank – 1Q 2025 Earnings Presentation
Slide 2: Contents
Contents Performance Highlights 3 Strategy 4 Financial Performance 10 Guidance 22 Q&A 24 The Saudi Investment Bank – 1Q 2025 Earnings Presentation
Slide 3: Growth momentum sustained in 1Q 2025 demonstrating solid progress
Growth momentum sustained in 1Q 2025 demonstrating solid progress Loans (¥ mn) Net Income (¥ mn) Net Income grew by 14% YoY to 84.6 99.5 104.1 Solid balance sheet 442 510 503 ¥ 503 mn, driven by strong expansion, driven by 5%YTD businesss performance. +5% YTD increase in loans +14% YoY ROE increased
Slide 4: Strategy
Strategy The Saudi Investment Bank – 1Q 2025 Earnings Presentation
Slide 5: As part of Strategy 2027, we have set a strategic vision for each function
As part of Strategy 2027, we have set a strategic vision for each function Vision To be the trusted bank for our clients We build long term relationships with clients, create an unrivaled work environment for our people and deliver Mission consistent value for our shareholders Corporate Banking
Slide 6: Strategy 2027 is transforming the bank through 40+ initiatives across 9 businesses and functions
Strategy 2027 is transforming the bank through 40+ initiatives across 9 businesses and functions в Focus areas Consumer & Private Corporate Banking Public Institutions Banking Core 1 Strategic segmentation & Accelerate Increase penetration Build differentiated and grow DDA and fees segments differen
Slide 7: Strategy 2027 has achieved many milestones to date...
Strategy 2027 has achieved many milestones to date... Consumer & Private Corporate Banking Banking Public Institutions • Enhanced corporate client segmentation and • Redesigned retail segmentation • Building best-in-class CRM platform: phase-1 coverage • Streamlined account opening and KYC deployed
Slide 8: …and has set ambitious goals to achieve during the current year
…and has set ambitious goals to achieve during the current year Consumer & Private Corporate Banking Banking Public Institutions Launch revamped account opening, trade Launch new segments with improved value Launch revamped account opening journey process and enhanced operating model propositi
Slide 9: S60 Ventures Fund Our Focus
S60 Ventures Fund managed by Alisthithmar Capital - a $100 Million fund for promising fintech startups A WELL CAPITALIZED, FINTECH‒FOCUSED VC FUND WITH STRONG TIES ACROSS THE ECOSYSTEM Mission Vision Values We want to empower visionary Our goal is to be the trusted Rooted in principle capital, we fo
Slide 10: Financial Performance 1Q 2025
Financial Performance 1Q 2025 The Saudi Investment Bank – 1Q 2025 Earnings Presentation
Slide 11: SAIB is focused on delivering strong results across key performance indicators
SAIB is focused on delivering strong results across key performance indicators 1Q 2025 DRIVERS LOANS & ADVANCES ¥ 104.1bn +5% YTD Strong growth in Corporate (+5%) and Private Banking (+8%) loans Balance Sheet DEPOSITS ¥ 101.7bn +8% YTD IBD growth (+15%) driven by corporate and retail customers, part
Slide 12: Balance sheet momentum from financing growth, funded largely by deposits
Balance sheet momentum from financing growth, funded largely by deposits Total assets increased by 5% YTD as loans grew 5%, and supported by increased balances with SAMA (+17%) and bank placements (+59%) Loans & Advances (¥ bn) Retail Corporate Other Total liabilities increased 5% YTD, driven by 8%
Slide 13: Loan growth momentum continues, driven by corporate and private banking lending
Loan growth momentum continues, driven by corporate and private banking lending 5% YTD growth in loans driven by 5% increase in +6% Loans & Advances by Segment (%) corporate lending due to widespread growth across sectors and further expansion of private banking lending +5% +1% Total Loans YTD Act
Slide 14: Investments have remained stable at ¥ 40.4 billion
Investments have remained stable at ¥ 40.4 billion Investments have remained stable since the beginning Investments, Gross by Type (%) Investments by Accounting Classification (%) of the year 96% of investments were fixed rate debt securities 3% 1% 1% 1% 55% of investments were accounted for amortiz
Slide 15: Customer deposits increased 8% YTD driven by IBDs
Customer deposits increased 8% YTD driven by IBDs Deposits grew 8% during 1Q 2025 due to increase in interest-bearing deposits Deposits by Segment (%) Corporate deposits increased by 16%, and Retail +8% Deposits YTD deposits by 10% YTD IBDs rose 15% YTD from inflows to time deposits amid 12% preva
Slide 16: 14% growth in 1Q 2025 earnings driven by increased operating income and lower risk cost
14% growth in 1Q 2025 earnings driven by increased operating income and lower risk cost Net income increased 14% YoY in 1Q 2025 driven by 6% growth in operating income, further aided by a 25% decrease in impairment charges Net Income Movement YoY (¥ mn) Return of Equity increased 84 bps YoY to 13.0%
Slide 17: NSCI grew 5% YoY as 20% growth in average earning assets was partly offset by NIM contraction
NSCI grew 5% YoY as 20% growth in average earning assets was partly offset by a 34bps NIM contraction NSCI grew 5% YoY as 20% growth in average earning NSCI Movement YoY (¥ mn) NIM Movement YoY FY 2025 Guidance assets for 1Q 2025 and was partly offset by NIM NIM: 2.45% - 2.55% contraction The NIM de
Slide 18: Growth in fee and other income of 10% driven by foreign exchange income
Growth in fee and other income of 10% driven by foreign exchange income Fee & other income increased 10% YoY in 1Q 2025, Fee & Other Income Movement YoY (¥ mn) mainly driven by Foreign exchange income Foreign exchange income increased by 27% YoY in 1Q 2025 +10% Fee income from banking services ros
Slide 19: Marginal increase in operating expenses improving the cost to income ratio
Marginal increase in operating expenses improving the cost to income ratio Operating expenses increased 1% YoY in 1Q 2025 Operating Expenses Composition Operating Expenses (¥ mn) driven by higher employee-related costs, rent and premises-related expenses, and depreciation & (%) - 1Q 25 amortization
Slide 20: Credit quality remained stable with COR and NPL ratio at low levels
Credit quality remained stable with COR and NPL ratio at low levels Total impairments of ¥ 61 mn for 1Q 2025, Impairments (¥ mn) Impairment for loans Cost of Risk decreasing 25% YoY from ¥ 82 mn in 1Q 2024 FY 2025 Guidance COR: 0.30% - 0.35% Cost of risk decreased 15 bps YoY to 0.24% in 1Q 2025 NPL
Slide 21: Solid liquidity, funding and capital position with adequate buffers
Solid liquidity, funding and capital position with adequate buffers LCR increased by 28.6 ppt during 1Q 2025 to 193.3%, Liquidity Ratios LCR NSFR Loans to Deposits Ratio SAMA LTD Headline LTD while NSFR increased 0.7 ppt to 109.4% As of the end 1Q 2025, the SAMA regulatory LTD ratio 105.8% was comfo
Slide 22: Guidance
Guidance The Saudi Investment Bank – 1Q 2025 Earnings Presentation
Slide 23: 1Q 2025 financial results were in line with expectations and FY guidance is unchanged
1Q 2025 financial results were in line with expectations and FY guidance is unchanged 2024 Actual 1Q 2025 Actual 2025 Guidance Guidance revisions Balance Sheet LOANS & ADVANCES +23% +5% >>15.0% 15.0% Guidance unchanged YoY YoY YTD NET INTEREST MARGIN 2.68% 2.45% Approx. 2.45% - 2.75% 2.55% Guidance
Slide 24: Q&A
Q&A The Saudi Investment Bank – 1Q 2025 Earnings Presentation
Slide 25: Disclaimer
Disclaimer The Saudi Investment Bank (SAIB) prepared this presentation on a proprietary basis as general background information about the activities of SAIB. The information contained herein is given in summary form and for discussion purposes only. Some of the information that is relied upon by SAI
Slide 26: SAIB Investor Relations
SAIB Investor Relations For more information, please visit www.saib.com.sa/en/investor-relations or contact SAIB Investor Relations at ir@saib.com.sa The Saudi Investment Bank – 1Q 2025 Earnings Presentation P. 26
The Saudi Investment Bank — Q1 2025 Earnings Presentation on 6ix