Al Rajhi Bank · TADAWUL:1120
Al Rajhi Bank — Q2 2025 Earnings Presentation
30 slides from Al Rajhi Bank's earnings presentation, 2025
Slide 1: Al Rajhi Bank Investor Presentation 2Q 2025
Al Rajhi Bank Investor Presentation 2Q 2025
Slide 2: 2Q 2025 Investor Presentation
2Q 2025 Investor Presentation 03 The World’s Leading Islamic Bank 11 ESG Highlights 13 Harmonize the group Strategy 15 2Q 2025 Financial Highlights 26 IR Contact Information 2Q 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, 2Q 2025 Presence & Branches, 2Q 2025 100% 68% Jordan Kuwait Islamic CASA Customers 13 2 510 4,304 Branches ATMs 19.8 million 85% 95 : 5 +900k 136 NPS Digital : Manual 510 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 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, Remittance Centre
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 +66.6% 1,400 0 1039 21.4% 21.5% 1,200 974 20.2% 20.2% 0 808 1,000 762 20.3% 20.4% 0 624 17.5% 800 600 0 19.3% 19.4% 16.4% 17.2% 0 400 200 0 16.0% 15.5% 0 0 2021 2022 2023
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 19.8 -180bps 0 +30bps 0 0 24.2% 24.6% 23.4% 28.6% 0 23.2% 22.4% 0 25.9% 25.2% 24.6% 26.2% 0 0 Million 0 0 Customers 0 0 0 0 2021 2022 2023 2024 1H 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 1 0 +0bps -60bps 0 29.6% 29.1% 28.5% 29.0% 29.0% 0 26.8% 26.8% 26.9% 26.9% 26.8% 0 0 0 0 0 0 0 2021 2022 2023 2024 1H 25 2021 2022 2
Slide 9: Unique franchise with leading market share across key products
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 -420bps -1440bps 1 1 51.8% 51.7% 1 44.6% 44.3% 41.0% 41.6% 40.4% 1 43.7% 40.3% 1 0 0 37.4% 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) 30 Jun 2025 RAJHI SNB Riyad TASI Key Metrics 300 Closing Price SAR 94.6 Market Cap SAR 378 bn 250 Market Cap / % Industry 38.6% RAJHI, 231 Ma
Slide 11: ESG Highlights
ESG Highlights
Slide 12: ESG Highlights
ESG Highlights +200 USD 7.1 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: 2Q 2025 Financial Highlights
2Q 2025 Financial Highlights
Slide 16: 2Q 2025 Results Summary
2Q 2025 Results Summary | Results were exceptional in the first half 2025 7.0% YTD Growth in financing portfolio 6.3% Growth in liabilities LDR below regulatory minima 6.6% YTD Balance Net Financing Total Liabilities Loan to Deposit Ratio Sheet Growth 693.4bn +7.0% 741.7bn 851.2bn +6.3% 904.9bn 85.5
Slide 17: Balance Sheet Trends (1)
Balance Sheet Trends (1) | Total assets growth of 19.8% YoY and 6.6% YTD Total Assets (SARbn) SAR (mn) 2Q 25 1Q 25 QoQ 4Q 24 YTD +19.8% Cash & balances with SAMA 50,149 65,077 -23% 53,245 -6% 1,400 1,200 1,039 Due from banks & other FI 30,434 20,978 +45% 19,530 +56% 974 1,023 903 Investments, net 18
Slide 18: Balance Sheet Trends (2)
Balance Sheet Trends (2) | Financing growth driven by Corporate and Mortgage Financing, Net (SARbn) Financing, Net Mix By Segment Retail Financing Mix By Segment (SARbn) (SARbn) Corporate 1,050 +19.3% Auto Loans SAR 204bn SME SAR 23bn 741.7 28% SAR 46bn 4% Credit Cards 850 693.4 46.1 6% 621.9 39.1 S
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 +20.6% SAR 236bn Customers’ Time 26% 851.2 904.9 Investments Other 38.8 1,000 Rajhi 750.6 41.1 SAR 203b
Slide 20: Net Income Trends
Net Income Trends | highest-ever semi-annual net income with a 32.5% growth YoY Net Income For The Period After Zakat (SARmn) SAR (mn) 1H 25 1H 24 YoY 2Q 25 2Q 24 YoY 10,000 Net financing & investment income 14,402 11,504 +25% 7,305 5,857 +25% +30.9% Fee from banking services, net 2,768 2,162 +28% 1
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) 16,000 25,000 +25.7% +26.5% 14,000 20,000 606 60 373 18,803 12,000 9,200 9,603 2,898 10,000 8,439 8,750 7,637 14,866 15,000
Slide 22: Expenses Trends
Expenses Trends | Cost efficiencies remains solid with a market leading cost to income ratio of 22.5% Operating Expenses (SARmn) Operating Expenses Growth Drivers By Type (SARmn) 3,500 4,000 3,000 +9.5% 3,500 +9.9% 2,088 2,143 206 23 4,231 3,000 2,070 2,050 2,500 1,956 2,500 3,850 152 2,000 2,000 1,
Slide 23: Liquidity Trends
Liquidity Trends | Liquidity remains comfortably within regulatory requirements HQLA (SARbn) Loan to Deposits Ratio (SAMA) (%) 200 Regulatory 1 -0.3% Maximum 90% 131.0 128.1 85.5% 1 124.5 84.9% 150 121.1 120.7 82.5% 1 79.7% 78.3% 100 1 1 50 1 0 0 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 2Q 24 3Q 24 4Q 24 1Q 25
Slide 24: Net Impairment & Assets quality
Net Impairment & Assets quality | Higher gross charge due to Financing portfolio growth with a maintained CoR Net Impairment Charges (SARmn) Cost of Risk (%) 1,250 +31.9% 0 1,050 0 688 850 600 0.33% 0.32% 0.29% 0.31% 0.28% 0 650 553 525 455 0 450 0 250 50 (0) 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 1H 24 9M 2
Slide 25: Capitalization Trends
Capitalization Trends | Capital position well above regulatory minima RWA (SARbn) Total Capital (SARbn) 1,000 200 800 +17.4% +12.4% 663.8 611.4 56.2 133.8 565.5 123.6 150 47.0 119.0 600 47.0 15.0 5.3 10.5 5.8 5.6 400 5.6 100 554.0 592.6 113.2 118.0 128.6 200 512.9 50 0 0 2Q 24 4Q 24 2Q 25 2Q 24 4Q 2
Slide 26: Return Metrics
Return Metrics | Al Rajhi Bank’s returns remain industry-leading Return on RWA (%) Earnings per Share (SAR) 0 3 0 +29.9% 2 1.45 0 3.74% 3.79% 1.41 1.22 1.29 3.49% 2 3.35% 3.45% 1.12 0 0 1 0 1 0 0 0 1H 24 9M 24 FY 24 1Q 25 1H 25 2Q 24 3Q 24 4Q 24 1Q 25 2Q 25 Return on Equity (%) Return on Assets (%)
Slide 27: KSA Economic Outlook
KSA Economic Outlook | Economic conditions remain positive for the Kingdom GDP Growth/Brent Oil Price Highlights 99.0 • Saudi GDP is expected to increase by 3.4% in Q1 2025 driven by higher 82.5 80.5 100.0 7.2 70.9 71.0 non-oil activities. 5.2 80.0 8.7 41.7 60.0 3.2 • Based on IMF forecasts, Saudi’s
Slide 28: IR Contact Information
IR Contact Information
Slide 29: 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 30: 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