SNB profit climbs 19% to SAR 6.02B in Q1 2025

Saudi National Bank’s (SNB) net earnings in Q1 2025 rose 19% to SAR 6.02 billion from SAR 5.04 billion in the prior-year period.

Current Quarter Comparison (M)

Compared With The

Item	Q1 2024	Q1 2025	Change‬
Net Special Commission Income	6,911.33	7,254.00	5.0 %
Operating Income	8,939.42	9,615.00	7.6 %
Debt Provisions	(654.56)	(34.00)	94.8 %
Net Income	5,039.61	6,022.00	19.5 %
Average Shares	6,000.00	6,000.00	-
Earnings Per Share before unusual items	0.84	1.00	19.5 %
EPS (Riyals)	0.84	1.00	19.5 %
EPS Diluted (Riyal)	0.82	0.96	17.1 %

Item	Q4 2024	Q1 2025	Change‬
Net Special Commission Income	6,903.66	7,254.00	5.1 %
Operating Income	8,987.96	9,615.00	7.0 %
Debt Provisions	(22.00)	(34.00)	(54.5 %)
Net Income	5,556.73	6,022.00	8.4 %
Average Shares	6,000.00	6,000.00	-
Earnings Per Share before unusual items	0.93	1.00	8.4 %
EPS (Riyals)	0.93	1.00	8.4 %
EPS Diluted (Riyal)	0.91	0.96	5.5 %

Total operating income grew 7.6% year-on-year (YoY), while total operating expenses, including net impairment charge for expected credit losses, decreased by 16.7% to SAR 2.8 billion.

Additionally, special commission income grew 5.7% due to an increase in income from financing portfolio by 2.6% to SAR 10.9 billion, while income from investment portfolio rose 16.8% to SAR 3.4 billion.

Net fee income from banking services rose 6.6% to SAR 1.2 billion, while total investment gains/income inched up 34.9% to SAR 0.9 billion.

The bank also reported a decrease in net impairment charges for expected credit losses by 94.8%.

Balance Sheet (B)

Item	3m 2024	3m 2025	Change‬
Assets	1,072.29	1,171.08	9.2 %
Customer Deposits	656.26	626.39	(4.6 %)
Loan	625.20	706.43	13.0 %

Compared to Q4 2024, the bank’s net profit grew 8.4% from SAR 5.55 billion.

Shareholders’ equity, after minority interest and sukuk, increased to SAR 172.29 billion as of March 31, 2025, from SAR 164.80 billion a year earlier.

View More Financial Results

Company	Estimated	Actual	Change
ALDREES	89.30	100.10	12.1 %
SNB	5,489.43	6,022.00	9.7 %
ALRAJHI	5,701.66	5,906.00	3.6 %
ALMARAI	735.35	731.19	(0.6 %)
JARIR	232.45	217.30	(6.5 %)

Company	Estimated	Actual	Change
ALDREES	89.30	100.10	12.1 %
SNB	5,489.43	6,022.00	9.7 %
ALRAJHI	5,701.66	5,906.00	3.6 %
ALMARAI	735.35	731.19	(0.6 %)
JARIR	232.45	217.30	(6.5 %)

Share Price

The Saudi National Bank (SNB)

	Current
Market Cap (M Riyal)	211,500.00
Shares Outstanding ((M))	6,000.00
EPS ( Riyal) (TTM)	3.70
EPS Diluted ( Riyal) (TTM)	3.58
Book Value (BV) ( Riyal)	28.72
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	9.54
P/E (TTM)	9.54
Price/book	1.23
Return on Average Assets (%) (TTM)	2.0
Return on Average Equity (%) (TTM)	13.2

Period	Net Special Commission Income	Change	Operating Income	Change	Debt Provisions	Change
Q1 2016	3,435.82	13.3 %	4,723.97	6.2 %	(346.63)	(58.8 %)
Q2 2016	3,348.18	7.2 %	4,660.25	8.8 %	(381.30)	(36.7 %)
Q3 2016	3,441.72	5.7 %	4,662.80	8.1 %	(839.11)	(17.7 %)
Q4 2016	3,323.86	4.9 %	4,600.36	3.6 %	(363.93)	6.7 %
2016	13,549.58	7.7 %	18,647.38	6.6 %	(1,930.97)	(20.7 %)
Q1 2017	3,359.46	(2.2 %)	4,859.82	2.9 %	(421.98)	(21.7 %)
Q2 2017	3,472.91	3.7 %	4,478.34	(3.9 %)	(477.71)	(25.3 %)
Q3 2017	3,453.44	0.3 %	4,491.53	(3.7 %)	(707.21)	15.7 %
Q4 2017	3,375.17	1.5 %	4,515.54	(1.8 %)	(285.96)	21.4 %
2017	13,660.98	0.8 %	18,345.23	(1.6 %)	(1,892.86)	2.0 %
Q1 2018	3,418.57	1.8 %	4,779.24	(1.7 %)	2.34	100.6 %
Q2 2018	3,573.43	2.9 %	4,660.55	4.1 %	(335.31)	29.8 %
Q3 2018	3,637.42	5.3 %	4,731.60	5.3 %	(610.35)	13.7 %
Q4 2018	4,493.72	33.1 %	4,755.83	5.3 %	(403.75)	(41.2 %)
2018	15,123.14	10.7 %	18,927.22	3.2 %	(1,347.07)	28.8 %
Q1 2019	3,754.08	9.8 %	4,950.81	3.6 %	(145.33)	(6323.9 %)
Q2 2019	3,907.43	9.3 %	5,050.41	8.4 %	(324.74)	3.2 %
Q3 2019	3,872.62	6.5 %	4,996.53	5.6 %	(662.64)	(8.6 %)
Q4 2019	4,848.32	7.9 %	5,576.93	17.3 %	(287.23)	28.9 %
2019	16,382.45	8.3 %	20,574.68	8.7 %	(1,447.16)	(7.4 %)
Q1 2020	4,157.22	10.7 %	5,305.26	7.2 %	(396.09)	(172.6 %)
Q2 2020	3,957.52	1.3 %	4,765.75	(5.6 %)	(827.95)	(155.0 %)
Q3 2020	4,197.76	8.4 %	5,637.61	12.8 %	(378.85)	42.8 %
Q4 2020	4,372.15	(9.8 %)	5,749.32	3.1 %	(348.00)	(21.2 %)
2020	16,684.66	1.8 %	21,457.93	4.3 %	(1,949.69)	(34.7 %)
Q1 2021	4,178.08	0.5 %	5,719.31	7.8 %	(286.37)	27.7 %
Q2 2021	5,888.35	48.8 %	7,587.82	59.2 %	(2,414.67)	(191.6 %)
Q3 2021	6,205.90	47.8 %	7,874.43	39.7 %	(732.08)	(93.2 %)
Q4 2021	5,935.26	35.8 %	7,054.16	22.7 %	(527.75)	(51.7 %)
2021	22,207.59	33.1 %	28,235.72	31.6 %	(4,022.73)	(106.3 %)
Q1 2022	6,108.44	46.2 %	8,092.89	41.5 %	(386.25)	(34.9 %)
Q2 2022	6,823.91	15.9 %	8,345.18	10.0 %	(592.20)	75.5 %
Q3 2022	6,577.80	6.0 %	8,447.82	7.3 %	(540.55)	26.2 %
Q4 2022	6,777.04	14.2 %	8,118.66	15.1 %	(166.50)	68.5 %
2022	26,287.20	18.4 %	33,004.55	16.9 %	(1,685.48)	58.1 %
Q1 2023	6,780.66	11.0 %	8,733.59	7.9 %	(490.84)	(27.1 %)
Q2 2023	6,521.82	(4.4 %)	8,494.37	1.8 %	(66.10)	88.8 %
Q3 2023	6,833.34	3.9 %	8,736.77	3.4 %	76.07	114.1 %
Q4 2023	6,873.13	1.4 %	8,624.68	6.2 %	(456.72)	(174.3 %)
2023	27,008.94	2.7 %	34,589.40	4.8 %	(937.60)	44.4 %
Q1 2024	6,911.33	1.9 %	8,939.42	2.4 %	(654.56)	(33.4 %)
Q2 2024	7,050.93	8.1 %	8,916.44	5.0 %	(95.45)	(44.4 %)
Q3 2024	6,864.28	0.5 %	9,194.55	5.2 %	(219.93)	(389.1 %)
Q4 2024	6,903.66	0.4 %	8,987.96	4.2 %	(22.00)	95.2 %
2024	27,730.19	2.7 %	36,038.36	4.2 %	(1,016.60)	(8.4 %)
Q1 2025	7,254.00	5.0 %	9,615.00	7.6 %	(34.00)	94.8 %

Period	Net Special Commission Income	Change	Operating Income	Change	Debt Provisions	Change
2015	12,581.83	10.3 %	17,485.69	7.6 %	(1,600.35)	(60.8 %)
2016	13,549.58	7.7 %	18,647.38	6.6 %	(1,930.97)	(20.7 %)
2017	13,660.98	0.8 %	18,345.23	(1.6 %)	(1,892.86)	2.0 %
2018	15,123.14	10.7 %	18,927.22	3.2 %	(1,347.07)	28.8 %
2019	16,382.45	8.3 %	20,574.68	8.7 %	(1,447.16)	(7.4 %)
2020	16,684.66	1.8 %	21,457.93	4.3 %	(1,949.69)	(34.7 %)
2021	22,207.59	33.1 %	28,235.72	31.6 %	(4,022.73)	(106.3 %)
2022	26,287.20	18.4 %	33,004.55	16.9 %	(1,685.48)	58.1 %
2023	27,008.94	2.7 %	34,589.40	4.8 %	(937.60)	44.4 %
2024	27,730.19	2.7 %	36,038.36	4.2 %	(1,016.60)	(8.4 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	Earnings Per Share before unusual items
Q1 2016	2,630.81	1.0 %	0.65	-	2,630.81	0.65
Q2 2016	2,437.54	3.2 %	0.61	-	2,437.54	0.61
Q3 2016	1,961.78	(1.6 %)	0.49	-	1,961.78	0.49
Q4 2016	2,286.72	7.5 %	0.57	-	2,286.72	0.57
2016	9,316.86	2.5 %	2.32	-	9,316.86	2.32
Q1 2017	2,702.56	2.7 %	0.67	-	2,702.56	0.67
Q2 2017	2,417.42	(0.8 %)	0.60	-	2,417.42	0.60
Q3 2017	2,125.61	8.4 %	0.53	-	2,125.61	0.53
Q4 2017	2,556.39	11.8 %	0.64	-	2,556.39	0.64
2017	9,801.98	5.2 %	2.44	-	9,801.98	2.44
Q1 2018	2,592.19	(4.1 %)	0.64	-	2,592.19	0.64
Q2 2018	2,166.35	(10.4 %)	0.54	-	2,166.35	0.54
Q3 2018	2,120.36	(0.2 %)	0.53	-	2,120.36	0.53
Q4 2018	2,705.58	5.8 %	0.67	-	2,705.58	0.67
2018	9,593.95	(2.1 %)	2.39	-	9,593.95	2.39
Q1 2019	2,775.54	7.1 %	0.69	-	2,775.54	0.69
Q2 2019	2,685.59	24.0 %	0.67	-	2,685.59	0.67
Q3 2019	2,550.70	20.3 %	0.63	-	2,550.70	0.63
Q4 2019	3,389.61	25.3 %	0.84	-	3,389.61	0.84
2019	11,401.44	18.8 %	2.84	-	11,401.44	2.84
Q1 2020	2,834.20	2.1 %	0.71	-	2,834.20	0.71
Q2 2020	2,087.73	(22.3 %)	0.52	-	2,087.73	0.52
Q3 2020	3,158.40	23.8 %	0.79	-	3,158.40	0.79
Q4 2020	3,359.77	(0.9 %)	0.84	-	3,359.77	0.84
2020	11,440.10	0.3 %	2.85	-	11,440.10	2.85
Q1 2021	3,408.47	20.3 %	0.62	-	3,408.47	0.62
Q2 2021	2,315.88	10.9 %	0.42	(42.00)	2,357.88	0.43
Q3 2021	3,980.27	26.0 %	0.72	(31.00)	4,011.27	0.73
Q4 2021	2,963.56	(11.8 %)	0.54	(90.00)	3,053.56	0.55
2021	12,668.18	10.7 %	2.30	(163.00)	12,831.18	2.33
Q1 2022	4,501.58	32.1 %	0.75	-	4,501.58	0.75
Q2 2022	4,589.12	98.2 %	0.76	-	4,589.12	0.76
Q3 2022	4,724.56	18.7 %	0.79	-	4,724.56	0.79
Q4 2022	4,765.43	60.8 %	0.79	-	4,765.43	0.79
2022	18,580.69	46.7 %	3.10	-	18,580.69	3.10
Q1 2023	5,021.54	11.6 %	0.84	-	5,021.54	0.84
Q2 2023	5,015.56	9.3 %	0.84	-	5,015.56	0.84
Q3 2023	5,009.62	6.0 %	0.83	-	5,009.62	0.83
Q4 2023	4,963.24	4.2 %	0.83	-	4,963.24	0.83
2023	20,009.97	7.7 %	3.33	-	20,009.97	3.33
Q1 2024	5,039.61	0.4 %	0.84	-	5,039.61	0.84
Q2 2024	5,230.56	4.3 %	0.87	-	5,230.56	0.87
Q3 2024	5,366.10	7.1 %	0.89	-	5,366.10	0.89
Q4 2024	5,556.73	12.0 %	0.93	-	5,556.73	0.93
2024	21,193.00	5.9 %	3.53	-	21,193.00	3.53
Q1 2025	6,022.00	19.5 %	1.00	-	6,022.00	1.00

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	Earnings Per Share before unusual items
2015	9,089.18	5.0 %	2.26	-	9,089.18	2.26
2016	9,316.86	2.5 %	2.32	-	9,316.86	2.32
2017	9,801.98	5.2 %	2.44	-	9,801.98	2.44
2018	9,593.95	(2.1 %)	2.39	-	9,593.95	2.39
2019	11,401.44	18.8 %	2.84	-	11,401.44	2.84
2020	11,440.10	0.3 %	2.85	-	11,440.10	2.85
2021	12,668.18	10.7 %	2.30	(163.00)	12,831.18	2.33
2022	18,580.69	46.7 %	3.10	-	18,580.69	3.10
2023	20,009.97	7.7 %	3.33	-	20,009.97	3.33
2024	21,193.00	5.9 %	3.53	-	21,193.00	3.53

Balance Sheet (B)

Period	Assets	Change	Customer Deposits	Change	Loan	Change
Q1 2016	452.00	0.5 %	326.03	(4.9 %)	265.34	16.8 %
Q2 2016	452.61	(1.9 %)	314.71	(12.8 %)	264.77	13.0 %
Q3 2016	438.76	(8.0 %)	311.23	(15.3 %)	259.92	8.9 %
Q4 2016	442.66	(1.3 %)	315.62	(2.5 %)	253.59	0.3 %
Q1 2017	449.00	(0.7 %)	313.65	(3.8 %)	254.20	(4.2 %)
Q2 2017	450.49	(0.5 %)	314.69	0.0 %	256.90	(3.0 %)
Q3 2017	446.19	1.7 %	302.59	(2.8 %)	256.85	(1.2 %)
Q4 2017	444.79	0.5 %	308.94	(2.1 %)	249.23	(1.7 %)
Q1 2018	438.90	(2.2 %)	309.00	(1.5 %)	252.78	(0.6 %)
Q2 2018	455.73	1.2 %	317.65	0.9 %	266.04	3.6 %
Q3 2018	460.83	3.3 %	325.46	7.6 %	268.25	4.4 %
Q4 2018	452.18	1.7 %	318.70	3.2 %	265.06	6.4 %
Q1 2019	464.91	5.9 %	309.68	0.2 %	267.22	5.7 %
Q2 2019	476.59	4.6 %	327.44	3.1 %	274.83	3.3 %
Q3 2019	496.59	7.8 %	340.38	4.6 %	279.07	4.0 %
Q4 2019	506.82	12.1 %	353.39	10.9 %	281.84	6.3 %
Q1 2020	534.56	15.0 %	375.05	21.1 %	304.77	14.1 %
Q2 2020	556.86	16.8 %	380.40	16.2 %	315.84	14.9 %
Q3 2020	576.63	16.1 %	408.47	20.0 %	336.41	20.5 %
Q4 2020	599.44	18.3 %	416.42	17.8 %	346.71	23.0 %
Q1 2021	599.57	12.2 %	419.43	11.8 %	356.72	17.0 %
Q2 2021	897.36	61.1 %	588.13	54.6 %	501.80	58.9 %
Q3 2021	903.85	56.7 %	589.19	44.2 %	502.48	49.4 %
Q4 2021	914.15	52.5 %	588.57	41.3 %	497.57	43.5 %
Q1 2022	921.56	53.7 %	606.72	44.7 %	514.63	44.3 %
Q2 2022	958.47	6.8 %	593.01	0.8 %	536.19	6.9 %
Q3 2022	964.42	6.7 %	596.89	1.3 %	536.18	6.7 %
Q4 2022	945.50	3.4 %	568.28	(3.4 %)	545.31	9.6 %
Q1 2023	976.06	5.9 %	610.79	0.7 %	566.34	10.0 %
Q2 2023	996.20	3.9 %	602.21	1.6 %	577.85	7.8 %
Q3 2023	1,027.13	6.5 %	624.77	4.7 %	595.72	11.1 %
Q4 2023	1,037.08	9.7 %	590.05	3.8 %	601.53	10.3 %
Q1 2024	1,072.29	9.9 %	656.26	7.4 %	625.20	10.4 %
Q2 2024	1,088.11	9.2 %	632.69	5.1 %	637.24	10.3 %
Q3 2024	1,124.61	9.5 %	634.19	1.5 %	655.31	10.0 %
Q4 2024	1,104.15	6.5 %	579.76	(1.7 %)	654.25	8.8 %
Q1 2025	1,171.08	9.2 %	626.39	(4.6 %)	706.43	13.0 %

Period	Assets	Change	Customer Deposits	Change	Loan	Change
3m 2016	452.00	0.5 %	326.03	(4.9 %)	265.34	16.8 %
6m 2016	452.61	(1.9 %)	314.71	(12.8 %)	264.77	13.0 %
9m 2016	438.76	(8.0 %)	311.23	(15.3 %)	259.92	8.9 %
12m 2016	442.66	(1.3 %)	315.62	(2.5 %)	253.59	0.3 %
3m 2017	449.00	(0.7 %)	313.65	(3.8 %)	254.20	(4.2 %)
6m 2017	450.49	(0.5 %)	314.69	0.0 %	256.90	(3.0 %)
9m 2017	446.19	1.7 %	302.59	(2.8 %)	256.85	(1.2 %)
12m 2017	444.79	0.5 %	308.94	(2.1 %)	249.23	(1.7 %)
3m 2018	438.90	(2.2 %)	309.00	(1.5 %)	252.78	(0.6 %)
6m 2018	455.73	1.2 %	317.65	0.9 %	266.04	3.6 %
9m 2018	460.83	3.3 %	325.46	7.6 %	268.25	4.4 %
12m 2018	452.18	1.7 %	318.70	3.2 %	265.06	6.4 %
3m 2019	464.91	5.9 %	309.68	0.2 %	267.22	5.7 %
6m 2019	476.59	4.6 %	327.44	3.1 %	274.83	3.3 %
9m 2019	496.59	7.8 %	340.38	4.6 %	279.07	4.0 %
12m 2019	506.82	12.1 %	353.39	10.9 %	281.84	6.3 %
3m 2020	534.56	15.0 %	375.05	21.1 %	304.77	14.1 %
6m 2020	556.86	16.8 %	380.40	16.2 %	315.84	14.9 %
9m 2020	576.63	16.1 %	408.47	20.0 %	336.41	20.5 %
12m 2020	599.44	18.3 %	416.42	17.8 %	346.71	23.0 %
3m 2021	599.57	12.2 %	419.43	11.8 %	356.72	17.0 %
6m 2021	897.36	61.1 %	588.13	54.6 %	501.80	58.9 %
9m 2021	903.85	56.7 %	589.19	44.2 %	502.48	49.4 %
12m 2021	914.15	52.5 %	588.57	41.3 %	497.57	43.5 %
3m 2022	921.56	53.7 %	606.72	44.7 %	514.63	44.3 %
6m 2022	958.47	6.8 %	593.01	0.8 %	536.19	6.9 %
9m 2022	964.42	6.7 %	596.89	1.3 %	536.18	6.7 %
12m 2022	945.50	3.4 %	568.28	(3.4 %)	545.31	9.6 %
3m 2023	976.06	5.9 %	610.79	0.7 %	566.34	10.0 %
6m 2023	996.20	3.9 %	602.21	1.6 %	577.85	7.8 %
9m 2023	1,027.13	6.5 %	624.77	4.7 %	595.72	11.1 %
12m 2023	1,037.08	9.7 %	590.05	3.8 %	601.53	10.3 %
3m 2024	1,072.29	9.9 %	656.26	7.4 %	625.20	10.4 %
6m 2024	1,088.11	9.2 %	632.69	5.1 %	637.24	10.3 %
9m 2024	1,124.61	9.5 %	634.19	1.5 %	655.31	10.0 %
12m 2024	1,104.15	6.5 %	579.76	(1.7 %)	654.25	8.8 %
3m 2025	1,171.08	9.2 %	626.39	(4.6 %)	706.43	13.0 %

Period	Assets	Change	Customer Deposits	Change	Loan	Change
2015	448.64	3.2 %	323.87	(2.8 %)	252.94	14.6 %
2016	442.66	(1.3 %)	315.62	(2.5 %)	253.59	0.3 %
2017	444.79	0.5 %	308.94	(2.1 %)	249.23	(1.7 %)
2018	452.18	1.7 %	318.70	3.2 %	265.06	6.4 %
2019	506.82	12.1 %	353.39	10.9 %	281.84	6.3 %
2020	599.44	18.3 %	416.42	17.8 %	346.71	23.0 %
2021	914.15	52.5 %	588.57	41.3 %	497.57	43.5 %
2022	945.50	3.4 %	568.28	(3.4 %)	545.31	9.6 %
2023	1,037.08	9.7 %	590.05	3.8 %	601.53	10.3 %
2024	1,104.15	6.5 %	579.76	(1.7 %)	654.25	8.8 %

Profitability

Period	Return On Average Assets	Return on Average Equity	Net Interest Income/Total Operating Income
Q1 2016	2.02 %	18.46 %	73.10 %
Q2 2016	2.01 %	18.39 %	72.82 %
Q3 2016	2.00 %	18.35 %	72.45 %
Q4 2016	2.09 %	18.36 %	72.66 %
2016	2.09 %	18.36 %	72.66 %
Q1 2017	2.08 %	17.67 %	71.73 %
Q2 2017	2.07 %	17.88 %	73.10 %
Q3 2017	2.15 %	17.92 %	73.84 %
Q4 2017	2.21 %	17.97 %	74.47 %
2017	2.21 %	17.97 %	74.47 %
Q1 2018	2.18 %	17.36 %	75.12 %
Q2 2018	2.08 %	17.18 %	74.92 %
Q3 2018	2.08 %	17.16 %	74.94 %
Q4 2018	2.14 %	16.85 %	79.90 %
2018	2.14 %	16.86 %	79.90 %
Q1 2019	2.16 %	16.78 %	80.94 %
Q2 2019	2.21 %	17.70 %	81.04 %
Q3 2019	2.24 %	18.75 %	81.14 %
Q4 2019	2.38 %	19.13 %	79.62 %
2019	2.38 %	19.13 %	79.62 %
Q1 2020	2.29 %	19.68 %	80.20 %
Q2 2020	2.10 %	17.85 %	81.55 %
Q3 2020	2.14 %	18.49 %	80.62 %
Q4 2020	2.07 %	17.51 %	77.76 %
2020	2.07 %	17.51 %	77.76 %
Q1 2021	2.12 %	18.77 %	76.38 %
Q2 2021	1.68 %	11.66 %	75.47 %
Q3 2021	1.76 %	12.26 %	76.66 %
Q4 2021	1.67 %	11.56 %	78.65 %
2021	1.67 %	11.56 %	78.65 %
Q1 2022	1.81 %	12.31 %	78.86 %
Q2 2022	1.73 %	10.82 %	79.94 %
Q3 2022	1.80 %	11.38 %	79.67 %
Q4 2022	2.00 %	12.37 %	79.65 %
2022	2.00 %	12.37 %	79.65 %
Q1 2023	2.01 %	12.48 %	80.13 %
Q2 2023	2.00 %	12.86 %	78.88 %
Q3 2023	1.99 %	13.20 %	78.96 %
Q4 2023	2.02 %	12.86 %	78.08 %
2023	2.02 %	12.86 %	78.08 %
Q1 2024	1.96 %	12.58 %	78.00 %
Q2 2024	1.94 %	12.69 %	78.57 %
Q3 2024	1.91 %	12.83 %	77.64 %
Q4 2024	1.98 %	12.76 %	76.95 %
2024	1.98 %	12.76 %	76.95 %
Q1 2025	1.98 %	13.16 %	76.46 %

Period	Return On Average Assets	Return on Average Equity	Net Interest Income/Total Operating Income
2015	2.06 %	19.41 %	71.96 %
2016	2.09 %	18.36 %	72.66 %
2017	2.21 %	17.97 %	74.47 %
2018	2.14 %	16.86 %	79.90 %
2019	2.38 %	19.13 %	79.62 %
2020	2.07 %	17.51 %	77.76 %
2021	1.67 %	11.56 %	78.65 %
2022	2.00 %	12.37 %	79.65 %
2023	2.02 %	12.86 %	78.08 %
2024	1.98 %	12.76 %	76.95 %

Ratios

Period	Customer Deposits Per Total Assets	Loans and advances/Total assets	Loans and advances/Customers Deposits
Q1 2016	72.13 %	58.70 %	81.39 %
Q2 2016	69.53 %	58.50 %	84.13 %
Q3 2016	70.93 %	59.24 %	83.51 %
Q4 2016	71.30 %	57.29 %	80.35 %
Q1 2017	69.86 %	56.62 %	81.05 %
Q2 2017	69.86 %	57.03 %	81.64 %
Q3 2017	67.82 %	57.57 %	84.88 %
Q4 2017	69.46 %	56.03 %	80.67 %
Q1 2018	70.40 %	57.59 %	81.80 %
Q2 2018	69.70 %	58.38 %	83.75 %
Q3 2018	70.63 %	58.21 %	82.42 %
Q4 2018	70.48 %	58.62 %	83.17 %
Q1 2019	66.61 %	57.48 %	86.29 %
Q2 2019	68.70 %	57.67 %	83.93 %
Q3 2019	68.54 %	56.20 %	81.99 %
Q4 2019	69.73 %	55.61 %	79.75 %
Q1 2020	70.16 %	57.01 %	81.26 %
Q2 2020	68.31 %	56.72 %	83.03 %
Q3 2020	70.84 %	58.34 %	82.36 %
Q4 2020	69.47 %	57.84 %	83.26 %
Q1 2021	69.96 %	59.50 %	85.05 %
Q2 2021	65.54 %	55.92 %	85.32 %
Q3 2021	65.19 %	55.59 %	85.28 %
Q4 2021	64.39 %	54.43 %	84.54 %
Q1 2022	65.84 %	55.84 %	84.82 %
Q2 2022	61.87 %	55.94 %	90.42 %
Q3 2022	61.89 %	55.60 %	89.83 %
Q4 2022	60.10 %	57.67 %	95.96 %
Q1 2023	62.58 %	58.02 %	92.72 %
Q2 2023	60.45 %	58.01 %	95.95 %
Q3 2023	60.83 %	58.00 %	95.35 %
Q4 2023	56.90 %	58.00 %	101.94 %
Q1 2024	61.20 %	58.31 %	95.27 %
Q2 2024	58.15 %	58.56 %	100.72 %
Q3 2024	56.39 %	58.27 %	103.33 %
Q4 2024	52.51 %	59.25 %	112.85 %
Q1 2025	53.49 %	60.32 %	112.78 %

Period	Customer Deposits Per Total Assets	Loans and advances/Total assets	Loans and advances/Customers Deposits
2015	72.19 %	56.38 %	78.10 %
2016	71.30 %	57.29 %	80.35 %
2017	69.46 %	56.03 %	80.67 %
2018	70.48 %	58.62 %	83.17 %
2019	69.73 %	55.61 %	79.75 %
2020	69.47 %	57.84 %	83.26 %
2021	64.39 %	54.43 %	84.54 %
2022	60.10 %	57.67 %	95.96 %
2023	56.90 %	58.00 %	101.94 %
2024	52.51 %	59.25 %	112.85 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Earnings Per Share before unusual items (Riyal)	EPS Diluted (Riyal)	Book Value (BV)
Q1 2016	4,019.65	2.27	2.27	-	12.75
Q2 2016	4,019.65	2.29	2.29	-	12.91
Q3 2016	4,019.65	2.28	2.28	-	12.92
Q4 2016	4,019.65	2.32	2.32	-	13.19
Q1 2017	4,019.65	2.34	2.34	-	13.68
Q2 2017	4,019.65	2.33	2.33	-	13.15
Q3 2017	4,019.65	2.37	2.37	-	13.54
Q4 2017	4,019.65	2.44	2.44	-	13.94
Q1 2018	4,019.65	2.41	2.41	-	14.10
Q2 2018	4,019.65	2.35	2.35	-	14.18
Q3 2018	4,019.65	2.35	2.35	-	13.81
Q4 2018	4,019.65	2.38	2.38	-	14.36
Q1 2019	4,019.65	2.43	2.43	-	14.87
Q2 2019	4,019.65	2.56	2.56	-	14.74
Q3 2019	4,019.65	2.67	2.67	-	14.63
Q4 2019	4,019.65	2.84	2.84	-	15.29
Q1 2020	4,019.65	2.85	2.85	-	14.11
Q2 2020	4,019.65	2.70	2.70	-	15.53
Q3 2020	4,019.65	2.85	2.85	-	16.24
Q4 2020	4,019.65	2.85	2.85	3.03	17.22
Q1 2021	5,504.91	2.18	2.18	3.03	17.73
Q2 2021	5,504.91	2.22	2.23	3.03	24.58
Q3 2021	5,504.91	2.37	2.39	3.03	24.65
Q4 2021	5,504.91	2.30	2.33	3.03	25.00
Q1 2022	6,000.00	2.29	2.32	3.03	25.40
Q2 2022	6,000.00	2.67	2.69	3.03	24.80
Q3 2022	6,000.00	2.80	2.81	3.03	24.49
Q4 2022	6,000.00	3.10	3.10	3.03	25.08
Q1 2023	6,000.00	3.18	3.18	3.10	25.61
Q2 2023	6,000.00	3.25	3.25	3.16	25.83
Q3 2023	6,000.00	3.30	3.30	3.20	25.52
Q4 2023	6,000.00	3.33	3.33	3.23	26.79
Q1 2024	6,000.00	3.34	3.34	3.24	27.47
Q2 2024	6,000.00	3.37	3.37	3.27	27.34
Q3 2024	6,000.00	3.43	3.43	3.34	27.98
Q4 2024	6,000.00	3.53	3.53	3.44	28.56
Q1 2025	6,000.00	3.70	3.70	3.58	28.72

Period	Shares Outstanding (M)	EPS (Riyal)	Earnings Per Share before unusual items (Riyal)	EPS Diluted (Riyal)	Book Value (BV)
2015	4,019.65	2.26	2.26	-	12.06
2016	4,019.65	2.32	2.32	-	13.19
2017	4,019.65	2.44	2.44	-	13.94
2018	4,019.65	2.39	2.39	-	14.36
2019	4,019.65	2.84	2.84	-	15.29
2020	4,019.65	2.85	2.85	3.02	17.22
2021	5,504.91	2.30	2.33	3.02	25.00
2022	6,000.00	3.10	3.10	3.02	25.08
2023	6,000.00	3.33	3.33	3.23	26.79
2024	6,000.00	3.53	3.53	3.44	28.56

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2016	13.33	13.33	2.37
Q2 2016	12.99	12.99	2.30
Q3 2016	10.75	10.75	1.90
Q4 2016	13.65	13.65	2.40
Q1 2017	12.54	12.54	2.14
Q2 2017	16.92	16.92	3.00
Q3 2017	16.10	16.10	2.82
Q4 2017	16.77	16.77	2.93
Q1 2018	20.07	20.07	3.43
Q2 2018	23.05	23.05	3.82
Q3 2018	21.38	21.38	3.63
Q4 2018	22.36	22.36	3.71
Q1 2019	25.21	25.21	4.12
Q2 2019	24.20	24.20	4.20
Q3 2019	19.24	19.24	3.51
Q4 2019	19.34	19.34	3.59
Q1 2020	13.56	13.56	2.74
Q2 2020	15.36	15.36	2.67
Q3 2020	14.50	14.50	2.55
Q4 2020	16.97	16.97	2.80
Q1 2021	13.09	13.09	3.34
Q2 2021	14.20	14.15	1.75
Q3 2021	15.14	15.05	1.86
Q4 2021	15.88	15.67	1.92
Q1 2022	17.48	17.27	2.08
Q2 2022	16.24	16.12	1.98
Q3 2022	15.55	15.47	1.92
Q4 2022	12.45	12.45	1.50
Q1 2023	11.03	11.03	1.34
Q2 2023	11.65	11.65	1.42
Q3 2023	10.26	10.26	1.29
Q4 2023	11.97	11.97	1.44
Q1 2024	12.39	12.39	1.46
Q2 2024	11.09	11.09	1.33
Q3 2024	10.27	10.27	1.23
Q4 2024	9.71	9.71	1.17
Q1 2025	10.01	10.01	1.25

Period	P/E	Adjusted P/E	Price/book
2015	16.78	16.78	3.15
2016	13.65	13.65	2.40
2017	16.77	16.77	2.93
2018	22.33	22.33	3.71
2019	19.34	19.34	3.59
2020	16.97	16.97	2.80
2021	15.90	15.70	1.92
2022	12.47	12.47	1.50
2023	11.97	11.97	1.44
2024	9.71	9.71	1.17

Business Segments (Million)

Compared With The

Period	Retail	Corporate and Institutional Banking	International Banking	Capital Market	Global markets and Treasury
Q1 2015	1,448.95	1,041.10	566.42	166.74	1,224.33
Q2 2015	1,522.94	1,034.67	528.51	183.19	1,013.61
Q3 2015	1,533.85	1,062.65	545.05	160.03	1,011.26
Q4 2015	1,854.84	1,002.57	546.46	181.42	857.08
Q1 2016	1,970.14	1,040.62	536.42	159.51	1,017.29
Q2 2016	1,985.35	1,054.82	589.90	147.36	882.82
Q3 2016	1,967.03	1,104.46	602.84	114.20	874.28
Q4 2016	1,782.46	1,186.84	501.03	159.65	970.39
Q1 2017	1,938.41	1,235.61	388.22	163.66	1,133.92
Q2 2017	1,924.73	1,042.93	393.30	144.16	973.23
Q3 2017	2,106.64	842.25	405.84	154.12	982.69
Q4 2017	2,171.24	973.67	390.38	173.87	806.38
Q1 2018	2,116.90	873.73	371.26	227.59	1,189.77
Q2 2018	1,976.75	1,075.78	442.12	176.26	989.64
Q3 2018	2,318.57	1,000.84	398.71	154.71	858.77
Q4 2018	2,260.08	1,111.00	314.71	161.60	908.44
Q1 2019	2,240.76	1,157.45	297.15	181.00	1,074.45
Q2 2019	2,385.91	965.58	353.75	216.64	1,128.53
Q3 2019	2,568.71	1,061.34	380.69	163.79	822.01
Q4 2019	2,512.36	1,526.65	429.32	225.36	883.24
Q1 2020	2,319.66	1,112.59	474.94	249.10	1,148.97
Q2 2020	2,363.44	2,914.55	417.10	219.62	(1148.97)
Q3 2020	2,676.13	2,267.98	407.50	285.99	-
Q4 2020	2,829.45	2,238.61	302.94	378.32	-
Q1 2021	2,662.57	2,430.09	276.48	350.17	-
Q2 2021	3,209.70	2,670.09	266.25	1,441.78	-
Q3 2021	3,326.70	4,696.32	476.74	(625.34)	-
Q4 2021	3,267.32	2,705.87	670.36	410.61	-
Q1 2022	3,664.72	3,265.04	666.34	496.80	-
Q2 2022	3,552.39	3,550.45	702.87	539.48	-
Q3 2022	3,739.41	3,747.26	633.98	327.18	-
Q4 2022	3,655.43	3,385.15	571.89	506.20	-
Q1 2023	3,868.23	3,672.73	774.59	418.04	-
Q2 2023	4,145.73	2,983.28	906.18	459.18	-
Q3 2023	4,001.07	3,363.72	891.18	480.87	-
Q4 2023	3,854.59	3,791.83	540.69	426.51	-
Q1 2024	4,134.83	3,657.38	427.24	719.97	-
Q2 2024	4,439.41	3,477.17	386.36	613.51	-
Q3 2024	4,145.00	3,995.22	462.94	591.39	-
Q4 2024	4,151.65	4,093.32	385.86	357.14	-

Period	Retail	Corporate and Institutional Banking	International Banking	Capital Market	Global markets and Treasury
2015	6,360.61	4,141.00	2,186.43	691.38	4,106.28
2016	7,704.97	4,386.73	2,230.19	580.72	3,744.77
2017	8,141.01	4,094.46	1,577.74	635.80	3,896.21
2018	8,672.30	4,061.35	1,526.80	720.17	3,946.61
2019	9,707.74	4,711.02	1,460.90	786.79	3,908.23
2020	10,188.69	8,533.73	1,602.49	1,133.03	-
2021	12,466.29	12,502.37	1,689.83	1,577.23	-
2022	14,611.94	13,947.89	2,575.07	1,869.65	-
2023	15,869.62	13,811.55	3,112.44	1,795.79	-
2024	16,870.89	15,223.08	1,662.39	2,282.00	-

Analysts Estimates (Million)

Item	Q1 2025 (e)	Q1 2025 (net income)	Change‬	Q1 2025 (before unusual items)	Change‬
Average	5,489.43	6,022.00	9.70 %	6,022.00	9.70 %

Estimates vs Actual (Million)

Item	Q1 2025 (e)	Q1 2025 (net income)	Change	Q1 2025 (before unusual items)	Change‬
Sico	5,605.00	6,022.00	7.4 %	6,022.00	7.4 %
FAB Securities	5,594.00	6,022.00	7.7 %	6,022.00	7.7 %
Citi Bank Group	5,590.00	6,022.00	7.7 %	6,022.00	7.7 %
Riyad Capital	5,484.00	6,022.00	9.8 %	6,022.00	9.8 %
GIB Capital	5,416.00	6,022.00	11.2 %	6,022.00	11.2 %
United Securities Company	5,371.00	6,022.00	12.1 %	6,022.00	12.1 %
Hermes	5,366.00	6,022.00	12.2 %	6,022.00	12.2 %

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SNB profit climbs 19% to SAR 6.02B in Q1 2025

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SNB profit climbs 19% to SAR 6.02B in Q1 2025

Current Quarter Comparison (M)

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Quarterly Actuals vs Estimates

View other reports

Share Price

The Saudi National Bank (SNB)

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