Bank AlJazira’s net profit slumped 46% to SAR 204 million in Q1 2023, from SAR 374.9 million a year earlier.
Item | Q1 2022 | Q1 2023 | Change |
---|---|---|---|
Net Special Commission Income | 728.60 | 558.53 | (23.3 %) |
Operating Income | 934.76 | 783.87 | (16.1 %) |
Debt Provisions | (94.01) | (60.00) | 36.2 % |
Net Income | 374.85 | 204.04 | (45.6 %) |
Average Shares | 1,025.00 | 1,025.00 | - |
EPS (Riyals) | 0.37 | 0.20 | (45.6 %) |
EPS Diluted (Riyal) | 0.35 | 0.20 | (42.6 %) |
Item | Q4 2022 | Q1 2023 | Change |
---|---|---|---|
Net Special Commission Income | 593.07 | 558.53 | (5.8 %) |
Operating Income | 819.70 | 783.87 | (4.4 %) |
Debt Provisions | (50.20) | (60.00) | (19.5 %) |
Net Income | 243.75 | 204.04 | (16.3 %) |
Average Shares | 1,025.00 | 1,025.00 | - |
EPS (Riyals) | 0.24 | 0.20 | (16.3 %) |
EPS Diluted (Riyal) | 0.20 | 0.20 | (0.4 %) |
The profit decline was attributed to a 21% year-on-year (YoY) decrease in operating income, mainly on lower net financing and investment income, other operating income, net gains on derecognition of financial assets at amortized cost, net gains on FVIS financial instruments and net fees from banking services.
This was despite a YoY increase in dividend income and net exchange income.
On the other hand, gross operating expenses fell by 6% YoY. This was mainly due to a decrease in net credit loss provision, as well as depreciation and amortization expenses against an increase in salaries and employee-related expenses.
Sequentially, the bank’s net profit fell 16.3% from SAR 243.75 million in Q4 2022.
Item | 3m 2022 | 3m 2023 | Change |
---|---|---|---|
Assets | 104.26 | 119.43 | 14.6 % |
Customer Deposits | 79.28 | 86.87 | 9.6 % |
Loan | 63.20 | 72.03 | 14.0 % |
Total shareholders’ equity, no minority interest and excluding sukuk, stood at SAR 12.09 billion as of March 31, 2023, compared to SAR 11.92 billion a year earlier.
Period | Net Special Commission Income | Change | Operating Income | Change | Debt Provisions | Change |
---|---|---|---|---|---|---|
Q1 2014 | 321.65 | 21.1 % | 510.06 | 15.2 % | (65.38) | (17.8 %) |
Q2 2014 | 356.29 | 18.0 % | 557.72 | 24.4 % | (91.18) | (193.6 %) |
Q3 2014 | 377.60 | 16.9 % | 582.83 | 23.5 % | (211.19) | (7312.6 %) |
Q4 2014 | 389.54 | 17.3 % | 545.87 | 14.6 % | (15.36) | 70.9 % |
2014 | 1,445.08 | 18.2 % | 2,196.47 | 19.4 % | (383.11) | (181.0 %) |
Q1 2015 | 396.23 | 23.2 % | 624.38 | 22.4 % | (36.68) | 43.9 % |
Q2 2015 | 403.41 | 13.2 % | 611.63 | 9.7 % | (68.47) | 24.9 % |
Q3 2015 | 410.50 | 8.7 % | 532.05 | (8.7 %) | 39.81 | 118.9 % |
Q4 2015 | 390.40 | 0.2 % | 580.82 | 6.4 % | 12.27 | 179.9 % |
2015 | 1,600.54 | 10.8 % | 2,348.87 | 6.9 % | (53.06) | 86.1 % |
Q1 2016 | 370.10 | (6.6 %) | 564.65 | (9.6 %) | (27.72) | 24.4 % |
Q2 2016 | 384.52 | (4.7 %) | 579.86 | (5.2 %) | (30.67) | 55.2 % |
Q3 2016 | 407.21 | (0.8 %) | 575.36 | 8.1 % | (28.63) | (171.9 %) |
Q4 2016 | 404.66 | 3.7 % | 544.05 | (6.3 %) | (38.19) | (411.2 %) |
2016 | 1,566.48 | (2.1 %) | 2,263.92 | (3.6 %) | (125.21) | (136.0 %) |
Q1 2017 | 433.98 | 17.3 % | 617.30 | 9.3 % | (46.81) | (68.8 %) |
Q2 2017 | 453.44 | 17.9 % | 645.11 | 11.3 % | (61.94) | (101.9 %) |
Q3 2017 | 470.08 | 15.4 % | 669.25 | 16.3 % | (85.43) | (198.4 %) |
Q4 2017 | 460.11 | 13.7 % | 648.08 | 19.1 % | (72.97) | (91.1 %) |
2017 | 1,817.61 | 16.0 % | 2,579.74 | 14.0 % | (267.15) | (113.4 %) |
Q1 2018 | 457.74 | 5.5 % | 646.11 | 4.7 % | (17.10) | 63.5 % |
Q2 2018 | 479.70 | 5.8 % | 672.23 | 4.2 % | (39.22) | 36.7 % |
Q3 2018 | 478.61 | 1.8 % | 665.81 | (0.5 %) | (22.60) | 73.5 % |
Q4 2018 | 487.98 | 6.1 % | 680.59 | 5.0 % | (27.88) | 61.8 % |
2018 | 1,904.03 | 4.8 % | 2,664.75 | 3.3 % | (106.80) | 60.0 % |
Q1 2019 | 489.13 | 6.9 % | 695.83 | 7.7 % | (26.00) | (52.1 %) |
Q2 2019 | 502.23 | 4.7 % | 714.40 | 6.3 % | (12.82) | 67.3 % |
Q3 2019 | 517.66 | 8.2 % | 749.62 | 12.6 % | (40.35) | (78.5 %) |
Q4 2019 | 543.14 | 11.3 % | 817.31 | 20.1 % | (77.78) | (179.0 %) |
2019 | 2,052.16 | 7.8 % | 2,977.16 | 11.7 % | (156.95) | (47.0 %) |
Q1 2020 | 545.14 | 11.4 % | 768.92 | 10.5 % | (121.96) | (369.0 %) |
Q2 2020 | 596.66 | 18.8 % | 789.41 | 10.5 % | (173.04) | (1,249.4 %) |
Q3 2020 | 616.78 | 19.1 % | 811.90 | 8.3 % | (180.08) | (346.3 %) |
Q4 2020 | 631.80 | 16.3 % | 916.94 | 12.2 % | (1,100.67) | (1,315.2 %) |
2020 | 2,390.34 | 16.5 % | 3,287.12 | 10.4 % | (1,575.74) | (904.0 %) |
Q1 2021 | 643.78 | 18.1 % | 945.44 | 23.0 % | (152.81) | (25.3 %) |
Q2 2021 | 631.51 | 5.8 % | 828.44 | 4.9 % | (157.94) | 8.7 % |
Q3 2021 | 673.68 | 9.2 % | 878.26 | 8.2 % | (158.46) | 12.0 % |
Q4 2021 | 768.17 | 21.6 % | 895.03 | (2.4 %) | (155.35) | 85.9 % |
2021 | 2,717.14 | 13.7 % | 3,547.17 | 7.9 % | (624.57) | 60.4 % |
Q1 2022 | 728.60 | 13.2 % | 934.76 | (1.1 %) | (94.01) | 38.5 % |
Q2 2022 | 631.38 | 0.0 % | 806.92 | (2.6 %) | (39.58) | 74.9 % |
Q3 2022 | 654.33 | (2.9 %) | 881.13 | 0.3 % | (102.52) | 35.3 % |
Q4 2022 | 593.07 | (22.8 %) | 819.70 | (8.4 %) | (50.20) | 67.7 % |
2022 | 2,607.38 | (4.0 %) | 3,442.51 | (3.0 %) | (286.32) | 54.2 % |
Q1 2023 | 558.53 | (23.3 %) | 783.87 | (16.1 %) | (60.00) | 36.2 % |
Period | Net Special Commission Income | Change | Operating Income | Change | Debt Provisions | Change |
---|---|---|---|---|---|---|
2013 | 1,222.95 | 28.6 % | 1,839.31 | 15.1 % | (136.34) | 21.0 % |
2014 | 1,445.08 | 18.2 % | 2,196.47 | 19.4 % | (383.11) | (181.0 %) |
2015 | 1,600.54 | 10.8 % | 2,348.87 | 6.9 % | (53.06) | 86.1 % |
2016 | 1,566.48 | (2.1 %) | 2,263.92 | (3.6 %) | (125.21) | (136.0 %) |
2017 | 1,817.61 | 16.0 % | 2,579.74 | 14.0 % | (267.15) | (113.4 %) |
2018 | 1,904.03 | 4.8 % | 2,664.75 | 3.3 % | (106.80) | 60.0 % |
2019 | 2,052.16 | 7.8 % | 2,977.16 | 11.7 % | (156.95) | (47.0 %) |
2020 | 2,390.34 | 16.5 % | 3,287.12 | 10.4 % | (1,575.74) | (904.0 %) |
2021 | 2,717.14 | 13.7 % | 3,547.17 | 7.9 % | (624.57) | 60.4 % |
2022 | 2,607.38 | (4.0 %) | 3,442.51 | (3.0 %) | (286.32) | 54.2 % |
Period | Net Income | Change | EPS(Riyal) | Extraordinary Income/Expense | Net Profit Before Unusual Items | EPS Before XO Items |
---|---|---|---|---|---|---|
Q1 2014 | 159.33 | 10.5 % | 0.22 | 7.36 | 151.97 | 0.21 |
Q2 2014 | 166.71 | (0.4 %) | 0.23 | 11.44 | 155.28 | 0.22 |
Q3 2014 | 47.24 | (75.0 %) | 0.07 | - | 47.24 | 0.07 |
Q4 2014 | 199.19 | 32.5 % | 0.28 | 10.98 | 188.21 | 0.27 |
2014 | 572.47 | (12.0 %) | 0.81 | 29.77 | 542.70 | 0.76 |
Q1 2015 | 227.00 | 42.5 % | 0.32 | - | 227.00 | 0.32 |
Q2 2015 | 735.75 | 341.3 % | 1.04 | 572.65 | 163.10 | 0.23 |
Q3 2015 | 165.74 | 250.9 % | 0.23 | - | 165.74 | 0.23 |
Q4 2015 | 158.63 | (20.4 %) | 0.22 | - | 158.63 | 0.22 |
2015 | 1,287.12 | 124.8 % | 1.81 | 572.65 | 714.47 | 1.01 |
Q1 2016 | 381.31 | 68.0 % | 0.54 | 208.60 | 172.71 | 0.24 |
Q2 2016 | 177.52 | (75.9 %) | 0.25 | - | 177.52 | 0.25 |
Q3 2016 | 160.69 | (3.0 %) | 0.23 | - | 160.69 | 0.23 |
Q4 2016 | 152.43 | (3.9 %) | 0.21 | - | 152.43 | 0.21 |
2016 | 871.94 | (32.3 %) | 1.23 | 208.60 | 663.34 | 0.94 |
Q1 2017 | 215.97 | (43.4 %) | 0.30 | - | 215.97 | 0.30 |
Q2 2017 | 220.16 | 24.0 % | 0.31 | - | 220.16 | 0.31 |
Q3 2017 | 227.63 | 41.7 % | 0.32 | - | 227.63 | 0.32 |
Q4 2017 | 193.75 | 27.1 % | 0.27 | - | 193.75 | 0.27 |
2017 | 857.51 | (1.7 %) | 1.21 | - | 857.51 | 1.21 |
Q1 2018 | 236.59 | 9.5 % | 0.33 | - | 236.59 | 0.33 |
Q2 2018 | 244.17 | 10.9 % | 0.24 | - | 244.17 | 0.24 |
Q3 2018 | 247.36 | 8.7 % | 0.24 | - | 247.36 | 0.24 |
Q4 2018 | (349.84) | (280.6 %) | (0.34) | (551.50) | 201.66 | 0.20 |
2018 | 378.28 | (55.9 %) | 0.37 | (551.50) | 929.78 | 0.91 |
Q1 2019 | 235.01 | (0.7 %) | 0.23 | - | 235.01 | 0.23 |
Q2 2019 | 251.82 | 3.1 % | 0.25 | - | 251.82 | 0.25 |
Q3 2019 | 256.87 | 3.8 % | 0.25 | - | 256.87 | 0.25 |
Q4 2019 | 247.33 | 170.7 % | 0.24 | - | 247.33 | 0.24 |
2019 | 991.02 | 162.0 % | 0.97 | - | 991.02 | 0.97 |
Q1 2020 | 181.61 | (22.7 %) | 0.18 | - | 181.61 | 0.18 |
Q2 2020 | 165.77 | (34.2 %) | 0.16 | - | 165.77 | 0.16 |
Q3 2020 | 181.63 | (29.3 %) | 0.18 | - | 181.63 | 0.18 |
Q4 2020 | (495.22) | (300.2 %) | (0.48) | - | (495.22) | (0.48) |
2020 | 33.75 | (96.6 %) | 0.03 | - | 33.75 | 0.03 |
Q1 2021 | 321.59 | 77.1 % | 0.31 | - | 321.59 | 0.31 |
Q2 2021 | 251.16 | 51.5 % | 0.25 | 39.39 | 211.77 | 0.21 |
Q3 2021 | 204.53 | 12.6 % | 0.20 | (42.57) | 247.10 | 0.24 |
Q4 2021 | 228.80 | 146.2 % | 0.22 | (4.34) | 233.14 | 0.23 |
2021 | 1,006.08 | 2880.6 % | 0.98 | (7.52) | 1,013.60 | 0.99 |
Q1 2022 | 374.85 | 16.6 % | 0.37 | 51.41 | 323.44 | 0.32 |
Q2 2022 | 257.82 | 2.7 % | 0.25 | - | 257.82 | 0.25 |
Q3 2022 | 232.67 | 13.8 % | 0.23 | - | 232.67 | 0.23 |
Q4 2022 | 243.75 | 6.5 % | 0.24 | 1.39 | 242.36 | 0.24 |
2022 | 1,109.09 | 10.2 % | 1.08 | 52.80 | 1,056.29 | 1.03 |
Q1 2023 | 204.04 | (45.6 %) | 0.20 | - | 204.04 | 0.20 |
Period | Net Income | Change | EPS(Riyal) | Extraordinary Income/Expense | Net Profit Before Unusual Items | EPS Before XO Items |
---|---|---|---|---|---|---|
2013 | 650.63 | 30.0 % | 0.92 | - | 650.63 | 0.92 |
2014 | 572.47 | (12.0 %) | 0.81 | 29.77 | 542.70 | 0.76 |
2015 | 1,287.12 | 124.8 % | 1.81 | 572.65 | 714.47 | 1.01 |
2016 | 871.94 | (32.3 %) | 1.23 | 208.60 | 663.34 | 0.94 |
2017 | 857.51 | (1.7 %) | 1.21 | - | 857.51 | 1.21 |
2018 | 378.28 | (55.9 %) | 0.37 | (551.50) | 929.78 | 0.91 |
2019 | 991.02 | 162.0 % | 0.97 | - | 991.02 | 0.97 |
2020 | 33.75 | (96.6 %) | 0.03 | - | 33.75 | 0.03 |
2021 | 1,006.08 | 2880.6 % | 0.98 | (7.52) | 1,013.60 | 0.99 |
2022 | 1,109.09 | 10.2 % | 1.08 | 52.80 | 1,056.29 | 1.03 |
Period | Return On Average Assets | Return on Average Equity | Net Interest Income/Total Operating Income |
---|---|---|---|
Q1 2014 | 1.16 % | 12.08 % | 67.07 % |
Q2 2014 | 1.09 % | 11.71 % | 66.13 % |
Q3 2014 | 0.86 % | 9.04 % | 65.24 % |
Q4 2014 | 0.90 % | 9.63 % | 65.79 % |
2014 | 0.90 % | 9.63 % | 65.79 % |
Q1 2015 | 0.98 % | 10.52 % | 65.76 % |
Q2 2015 | 1.81 % | 18.43 % | 66.26 % |
Q3 2015 | 1.98 % | 20.04 % | 69.13 % |
Q4 2015 | 1.98 % | 18.97 % | 68.14 % |
2015 | 1.98 % | 18.97 % | 68.14 % |
Q1 2016 | 2.14 % | 20.71 % | 68.78 % |
Q2 2016 | 1.30 % | 11.89 % | 68.91 % |
Q3 2016 | 1.31 % | 11.70 % | 67.47 % |
Q4 2016 | 1.35 % | 11.24 % | 69.19 % |
2016 | 1.35 % | 11.24 % | 69.19 % |
Q1 2017 | 1.08 % | 8.87 % | 70.38 % |
Q2 2017 | 1.11 % | 9.34 % | 71.34 % |
Q3 2017 | 1.22 % | 9.95 % | 71.18 % |
Q4 2017 | 1.27 % | 10.13 % | 70.46 % |
2017 | 1.27 % | 10.13 % | 70.46 % |
Q1 2018 | 1.32 % | 10.46 % | 70.59 % |
Q2 2018 | 1.32 % | 9.15 % | 70.86 % |
Q3 2018 | 1.32 % | 9.10 % | 71.28 % |
Q4 2018 | 0.54 % | 3.77 % | 71.45 % |
2018 | 0.54 % | 3.77 % | 71.45 % |
Q1 2019 | 0.53 % | 3.77 % | 71.30 % |
Q2 2019 | 0.52 % | 3.39 % | 71.03 % |
Q3 2019 | 0.52 % | 3.43 % | 70.31 % |
Q4 2019 | 1.24 % | 8.68 % | 68.93 % |
2019 | 1.24 % | 8.68 % | 68.93 % |
Q1 2020 | 1.15 % | 8.09 % | 69.11 % |
Q2 2020 | 1.01 % | 7.42 % | 70.48 % |
Q3 2020 | 0.90 % | 6.72 % | 72.21 % |
Q4 2020 | 0.04 % | 0.29 % | 72.72 % |
2020 | 0.04 % | 0.29 % | 72.72 % |
Q1 2021 | 0.19 % | 1.49 % | 71.86 % |
Q2 2021 | 0.28 % | 2.20 % | 72.05 % |
Q3 2021 | 0.30 % | 2.39 % | 72.31 % |
Q4 2021 | 1.03 % | 8.60 % | 76.60 % |
2021 | 1.03 % | 8.60 % | 76.60 % |
Q1 2022 | 1.07 % | 8.96 % | 79.23 % |
Q2 2022 | 1.01 % | 8.92 % | 79.71 % |
Q3 2022 | 1.05 % | 9.30 % | 79.10 % |
Q4 2022 | 1.01 % | 9.34 % | 75.74 % |
2022 | 1.01 % | 9.34 % | 75.74 % |
Q1 2023 | 0.84 % | 7.81 % | 74.05 % |
Period | Return On Average Assets | Return on Average Equity | Net Interest Income/Total Operating Income |
---|---|---|---|
2013 | 1.17 % | 12.12 % | 66.49 % |
2014 | 0.90 % | 9.63 % | 65.79 % |
2015 | 1.98 % | 18.97 % | 68.14 % |
2016 | 1.35 % | 11.24 % | 69.19 % |
2017 | 1.27 % | 10.13 % | 70.46 % |
2018 | 0.54 % | 3.77 % | 71.45 % |
2019 | 1.24 % | 8.68 % | 68.93 % |
2020 | 0.04 % | 0.29 % | 72.72 % |
2021 | 1.03 % | 8.60 % | 76.60 % |
2022 | 1.01 % | 9.34 % | 75.74 % |
Period | Assets | Change | Customer Deposits | Change | Loan | Change |
---|---|---|---|---|---|---|
Q1 2014 | 60.64 | 12.0 % | 48.47 | 17.0 % | 36.68 | 13.2 % |
Q2 2014 | 65.80 | 17.0 % | 51.84 | 14.7 % | 38.97 | 17.0 % |
Q3 2014 | 65.63 | 18.2 % | 53.71 | 17.9 % | 40.25 | 13.7 % |
Q4 2014 | 66.55 | 11.0 % | 54.57 | 13.5 % | 41.24 | 17.9 % |
Q1 2015 | 69.37 | 14.4 % | 55.42 | 14.3 % | 40.87 | 11.4 % |
Q2 2015 | 67.63 | 2.8 % | 55.96 | 8.0 % | 42.40 | 8.8 % |
Q3 2015 | 68.31 | 4.1 % | 56.00 | 4.3 % | 42.21 | 4.9 % |
Q4 2015 | 63.26 | (4.9 %) | 49.77 | (8.8 %) | 42.17 | 2.3 % |
Q1 2016 | 65.62 | (5.4 %) | 50.66 | (8.6 %) | 43.32 | 6.0 % |
Q2 2016 | 68.27 | 0.9 % | 50.73 | (9.3 %) | 44.21 | 4.3 % |
Q3 2016 | 65.95 | (3.4 %) | 50.33 | (10.1 %) | 43.19 | 2.3 % |
Q4 2016 | 66.32 | 4.8 % | 51.60 | 3.7 % | 42.10 | (0.2 %) |
Q1 2017 | 65.11 | (0.8 %) | 49.81 | (1.7 %) | 41.33 | (4.6 %) |
Q2 2017 | 67.00 | (1.9 %) | 49.17 | (3.1 %) | 40.97 | (7.3 %) |
Q3 2017 | 67.53 | 2.4 % | 49.68 | (1.3 %) | 40.93 | (5.3 %) |
Q4 2017 | 68.29 | 3.0 % | 50.28 | (2.6 %) | 39.79 | (5.5 %) |
Q1 2018 | 67.98 | 4.4 % | 50.59 | 1.6 % | 39.14 | (5.3 %) |
Q2 2018 | 69.76 | 4.1 % | 47.77 | (2.9 %) | 39.84 | (2.8 %) |
Q3 2018 | 71.73 | 6.2 % | 50.21 | 1.1 % | 40.26 | (1.6 %) |
Q4 2018 | 73.00 | 6.9 % | 51.80 | 3.0 % | 40.90 | 2.8 % |
Q1 2019 | 73.93 | 8.8 % | 51.43 | 1.7 % | 42.13 | 7.6 % |
Q2 2019 | 77.01 | 10.4 % | 55.68 | 16.6 % | 43.60 | 9.4 % |
Q3 2019 | 80.61 | 12.4 % | 59.05 | 17.6 % | 44.53 | 10.6 % |
Q4 2019 | 86.54 | 18.5 % | 62.70 | 21.0 % | 49.66 | 21.4 % |
Q1 2020 | 89.73 | 21.4 % | 62.67 | 21.8 % | 51.98 | 23.4 % |
Q2 2020 | 91.87 | 19.3 % | 63.66 | 14.3 % | 53.76 | 23.3 % |
Q3 2020 | 91.91 | 14.0 % | 62.98 | 6.6 % | 54.14 | 21.6 % |
Q4 2020 | 92.09 | 6.4 % | 68.00 | 8.5 % | 53.96 | 8.7 % |
Q1 2021 | 94.58 | 5.4 % | 70.68 | 12.8 % | 55.17 | 6.1 % |
Q2 2021 | 95.90 | 4.4 % | 70.69 | 11.0 % | 56.90 | 5.8 % |
Q3 2021 | 98.58 | 7.3 % | 74.26 | 17.9 % | 58.44 | 7.9 % |
Q4 2021 | 102.83 | 11.7 % | 78.37 | 15.2 % | 62.43 | 15.7 % |
Q1 2022 | 104.26 | 10.2 % | 79.28 | 12.2 % | 63.20 | 14.6 % |
Q2 2022 | 114.65 | 19.6 % | 86.58 | 22.5 % | 65.57 | 15.2 % |
Q3 2022 | 110.28 | 11.9 % | 82.28 | 10.8 % | 67.65 | 15.8 % |
Q4 2022 | 115.85 | 12.7 % | 86.02 | 9.8 % | 70.60 | 13.1 % |
Q1 2023 | 119.43 | 14.6 % | 86.87 | 9.6 % | 72.03 | 14.0 % |
Period | Assets | Change | Customer Deposits | Change | Loan | Change |
---|---|---|---|---|---|---|
3m 2014 | 60.64 | 12.0 % | 48.47 | 17.0 % | 36.68 | 13.2 % |
6m 2014 | 65.80 | 17.0 % | 51.84 | 14.7 % | 38.97 | 17.0 % |
9m 2014 | 65.63 | 18.2 % | 53.71 | 17.9 % | 40.25 | 13.7 % |
12m 2014 | 66.55 | 11.0 % | 54.57 | 13.5 % | 41.24 | 17.9 % |
3m 2015 | 69.37 | 14.4 % | 55.42 | 14.3 % | 40.87 | 11.4 % |
6m 2015 | 67.63 | 2.8 % | 55.96 | 8.0 % | 42.40 | 8.8 % |
9m 2015 | 68.31 | 4.1 % | 56.00 | 4.3 % | 42.21 | 4.9 % |
12m 2015 | 63.26 | (4.9 %) | 49.77 | (8.8 %) | 42.17 | 2.3 % |
3m 2016 | 65.62 | (5.4 %) | 50.66 | (8.6 %) | 43.32 | 6.0 % |
6m 2016 | 68.27 | 0.9 % | 50.73 | (9.3 %) | 44.21 | 4.3 % |
9m 2016 | 65.95 | (3.4 %) | 50.33 | (10.1 %) | 43.19 | 2.3 % |
12m 2016 | 66.32 | 4.8 % | 51.60 | 3.7 % | 42.10 | (0.2 %) |
3m 2017 | 65.11 | (0.8 %) | 49.81 | (1.7 %) | 41.33 | (4.6 %) |
6m 2017 | 67.00 | (1.9 %) | 49.17 | (3.1 %) | 40.97 | (7.3 %) |
9m 2017 | 67.53 | 2.4 % | 49.68 | (1.3 %) | 40.93 | (5.3 %) |
12m 2017 | 68.29 | 3.0 % | 50.28 | (2.6 %) | 39.79 | (5.5 %) |
3m 2018 | 67.98 | 4.4 % | 50.59 | 1.6 % | 39.14 | (5.3 %) |
6m 2018 | 69.76 | 4.1 % | 47.77 | (2.9 %) | 39.84 | (2.8 %) |
9m 2018 | 71.73 | 6.2 % | 50.21 | 1.1 % | 40.26 | (1.6 %) |
12m 2018 | 73.00 | 6.9 % | 51.80 | 3.0 % | 40.90 | 2.8 % |
3m 2019 | 73.93 | 8.8 % | 51.43 | 1.7 % | 42.13 | 7.6 % |
6m 2019 | 77.01 | 10.4 % | 55.68 | 16.6 % | 43.60 | 9.4 % |
9m 2019 | 80.61 | 12.4 % | 59.05 | 17.6 % | 44.53 | 10.6 % |
12m 2019 | 86.54 | 18.5 % | 62.70 | 21.0 % | 49.66 | 21.4 % |
3m 2020 | 89.73 | 21.4 % | 62.67 | 21.8 % | 51.98 | 23.4 % |
6m 2020 | 91.87 | 19.3 % | 63.66 | 14.3 % | 53.76 | 23.3 % |
9m 2020 | 91.91 | 14.0 % | 62.98 | 6.6 % | 54.14 | 21.6 % |
12m 2020 | 92.09 | 6.4 % | 68.00 | 8.5 % | 53.96 | 8.7 % |
3m 2021 | 94.58 | 5.4 % | 70.68 | 12.8 % | 55.17 | 6.1 % |
6m 2021 | 95.90 | 4.4 % | 70.69 | 11.0 % | 56.90 | 5.8 % |
9m 2021 | 98.58 | 7.3 % | 74.26 | 17.9 % | 58.44 | 7.9 % |
12m 2021 | 102.83 | 11.7 % | 78.37 | 15.2 % | 62.43 | 15.7 % |
3m 2022 | 104.26 | 10.2 % | 79.28 | 12.2 % | 63.20 | 14.6 % |
6m 2022 | 114.65 | 19.6 % | 86.58 | 22.5 % | 65.57 | 15.2 % |
9m 2022 | 110.28 | 11.9 % | 82.28 | 10.8 % | 67.65 | 15.8 % |
12m 2022 | 115.85 | 12.7 % | 86.02 | 9.8 % | 70.60 | 13.1 % |
3m 2023 | 119.43 | 14.6 % | 86.87 | 9.6 % | 72.03 | 14.0 % |
Period | Assets | Change | Customer Deposits | Change | Loan | Change |
---|---|---|---|---|---|---|
2013 | 59.98 | 18.1 % | 48.08 | 18.2 % | 34.99 | 17.1 % |
2014 | 66.55 | 11.0 % | 54.57 | 13.5 % | 41.24 | 17.9 % |
2015 | 63.26 | (4.9 %) | 49.77 | (8.8 %) | 42.17 | 2.3 % |
2016 | 66.32 | 4.8 % | 51.60 | 3.7 % | 42.10 | (0.2 %) |
2017 | 68.29 | 3.0 % | 50.28 | (2.6 %) | 39.79 | (5.5 %) |
2018 | 73.00 | 6.9 % | 51.80 | 3.0 % | 40.90 | 2.8 % |
2019 | 86.54 | 18.5 % | 62.70 | 21.0 % | 49.66 | 21.4 % |
2020 | 92.09 | 6.4 % | 68.00 | 8.5 % | 53.96 | 8.7 % |
2021 | 102.83 | 11.7 % | 78.37 | 15.2 % | 62.43 | 15.7 % |
2022 | 115.85 | 12.7 % | 86.02 | 9.8 % | 70.60 | 13.1 % |
Period | Customer Deposits Per Total Assets | Loans and advances/Total assets | Loans and advances/Customers Deposits |
---|---|---|---|
Q1 2014 | 79.93 % | 60.49 % | 75.69 % |
Q2 2014 | 78.78 % | 59.23 % | 75.18 % |
Q3 2014 | 81.83 % | 61.33 % | 74.95 % |
Q4 2014 | 81.99 % | 61.97 % | 75.58 % |
Q1 2015 | 79.89 % | 58.92 % | 73.75 % |
Q2 2015 | 82.75 % | 62.70 % | 75.77 % |
Q3 2015 | 81.98 % | 61.79 % | 75.37 % |
Q4 2015 | 78.66 % | 66.66 % | 84.75 % |
Q1 2016 | 77.19 % | 66.02 % | 85.52 % |
Q2 2016 | 74.31 % | 64.76 % | 87.15 % |
Q3 2016 | 76.32 % | 65.49 % | 85.81 % |
Q4 2016 | 77.81 % | 63.48 % | 81.58 % |
Q1 2017 | 76.50 % | 63.47 % | 82.97 % |
Q2 2017 | 73.38 % | 61.15 % | 83.33 % |
Q3 2017 | 73.56 % | 60.61 % | 82.39 % |
Q4 2017 | 73.63 % | 58.27 % | 79.14 % |
Q1 2018 | 74.43 % | 57.58 % | 77.36 % |
Q2 2018 | 68.47 % | 57.10 % | 83.40 % |
Q3 2018 | 70.00 % | 56.12 % | 80.17 % |
Q4 2018 | 70.96 % | 56.02 % | 78.95 % |
Q1 2019 | 69.57 % | 56.99 % | 81.91 % |
Q2 2019 | 72.30 % | 56.61 % | 78.30 % |
Q3 2019 | 73.25 % | 55.24 % | 75.41 % |
Q4 2019 | 72.44 % | 57.38 % | 79.21 % |
Q1 2020 | 69.84 % | 57.93 % | 82.94 % |
Q2 2020 | 69.29 % | 58.51 % | 84.45 % |
Q3 2020 | 68.52 % | 58.90 % | 85.97 % |
Q4 2020 | 73.85 % | 58.60 % | 79.35 % |
Q1 2021 | 74.73 % | 58.33 % | 78.06 % |
Q2 2021 | 73.72 % | 59.34 % | 80.49 % |
Q3 2021 | 75.34 % | 59.28 % | 78.69 % |
Q4 2021 | 76.21 % | 60.72 % | 79.67 % |
Q1 2022 | 76.04 % | 60.62 % | 79.72 % |
Q2 2022 | 75.52 % | 57.20 % | 75.74 % |
Q3 2022 | 74.61 % | 61.35 % | 82.22 % |
Q4 2022 | 74.25 % | 60.94 % | 82.07 % |
Q1 2023 | 72.73 % | 60.31 % | 82.92 % |
Period | Customer Deposits Per Total Assets | Loans and advances/Total assets | Loans and advances/Customers Deposits |
---|---|---|---|
2013 | 80.17 % | 58.35 % | 72.78 % |
2014 | 81.99 % | 61.97 % | 75.58 % |
2015 | 78.66 % | 66.66 % | 84.75 % |
2016 | 77.81 % | 63.48 % | 81.58 % |
2017 | 73.63 % | 58.27 % | 79.14 % |
2018 | 70.96 % | 56.02 % | 78.95 % |
2019 | 72.44 % | 57.38 % | 79.21 % |
2020 | 73.85 % | 58.60 % | 79.35 % |
2021 | 76.21 % | 60.72 % | 79.67 % |
2022 | 74.25 % | 60.94 % | 82.07 % |
Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | EPS Diluted (Riyal) | Book Value (BV) |
---|---|---|---|---|---|
Q1 2014 | 709.43 | 0.94 | 0.93 | - | 8.26 |
Q2 2014 | 709.43 | 0.94 | 0.91 | - | 8.43 |
Q3 2014 | 709.43 | 0.74 | 0.71 | - | 8.50 |
Q4 2014 | 709.43 | 0.81 | 0.76 | - | 8.68 |
Q1 2015 | 709.43 | 0.90 | 0.87 | - | 8.90 |
Q2 2015 | 709.43 | 1.70 | 0.88 | - | 10.07 |
Q3 2015 | 709.43 | 1.87 | 1.05 | - | 10.17 |
Q4 2015 | 709.43 | 1.81 | 1.01 | - | 10.45 |
Q1 2016 | 709.43 | 2.03 | 0.93 | - | 10.72 |
Q2 2016 | 709.43 | 1.24 | 0.95 | - | 10.86 |
Q3 2016 | 709.43 | 1.24 | 0.94 | - | 11.00 |
Q4 2016 | 709.43 | 1.23 | 0.94 | - | 11.42 |
Q1 2017 | 709.43 | 1.00 | 1.00 | - | 11.74 |
Q2 2017 | 709.43 | 1.06 | 1.06 | - | 11.74 |
Q3 2017 | 709.43 | 1.15 | 1.15 | - | 12.13 |
Q4 2017 | 709.43 | 1.21 | 1.21 | - | 12.44 |
Q1 2018 | 709.43 | 1.24 | 1.24 | - | 11.94 |
Q2 2018 | 1,025.00 | 0.88 | 0.88 | - | 11.12 |
Q3 2018 | 1,025.00 | 0.90 | 0.90 | - | 11.36 |
Q4 2018 | 1,025.00 | 0.37 | 0.91 | - | 10.97 |
Q1 2019 | 1,025.00 | 0.37 | 0.91 | - | 11.21 |
Q2 2019 | 1,025.00 | 0.37 | 0.91 | - | 11.04 |
Q3 2019 | 1,025.00 | 0.38 | 0.92 | - | 11.04 |
Q4 2019 | 1,025.00 | 0.97 | 0.97 | - | 11.31 |
Q1 2020 | 1,025.00 | 0.91 | 0.91 | - | 11.39 |
Q2 2020 | 1,025.00 | 0.83 | 0.83 | - | 11.35 |
Q3 2020 | 1,025.00 | 0.76 | 0.76 | - | 11.51 |
Q4 2020 | 1,025.00 | 0.03 | 0.03 | 0.04 | 11.09 |
Q1 2021 | 1,025.00 | 0.17 | 0.17 | 0.17 | 11.44 |
Q2 2021 | 1,025.00 | 0.25 | 0.21 | 0.26 | 11.64 |
Q3 2021 | 1,025.00 | 0.28 | 0.28 | 0.28 | 11.51 |
Q4 2021 | 1,025.00 | 0.98 | 0.99 | 0.98 | 11.73 |
Q1 2022 | 1,025.00 | 1.03 | 0.99 | 1.02 | 11.63 |
Q2 2022 | 1,025.00 | 1.04 | 1.04 | 1.00 | 11.69 |
Q3 2022 | 1,025.00 | 1.07 | 1.02 | 1.02 | 11.45 |
Q4 2022 | 1,025.00 | 1.08 | 1.03 | 1.00 | 11.45 |
Q1 2023 | 1,025.00 | 0.92 | 0.91 | 0.86 | 11.80 |
Period | Shares Outstanding (M) | EPS (Riyal) | Adjusted EPS (Riyal) | EPS Diluted (Riyal) | Book Value (BV) |
---|---|---|---|---|---|
2013 | 709.43 | 0.92 | 0.92 | - | 8.07 |
2014 | 709.43 | 0.81 | 0.76 | - | 8.68 |
2015 | 709.43 | 1.81 | 1.01 | - | 10.45 |
2016 | 709.43 | 1.23 | 0.94 | - | 11.42 |
2017 | 709.43 | 1.21 | 1.21 | - | 12.44 |
2018 | 1,025.00 | 0.37 | 0.91 | - | 10.97 |
2019 | 1,025.00 | 0.97 | 0.97 | - | 11.31 |
2020 | 1,025.00 | 0.03 | 0.03 | 0.03 | 11.09 |
2021 | 1,025.00 | 0.98 | 0.99 | 0.98 | 11.73 |
2022 | 1,025.00 | 1.08 | 1.03 | 1.01 | 11.45 |
Period | P/E | Adjusted P/E | Price/book |
---|---|---|---|
Q1 2014 | 27.21 | 27.51 | 3.09 |
Q2 2014 | 26.57 | 27.34 | 2.96 |
Q3 2014 | 39.58 | 41.05 | 3.44 |
Q4 2014 | 28.05 | 29.58 | 2.61 |
Q1 2015 | 25.30 | 26.22 | 2.56 |
Q2 2015 | 13.58 | 26.24 | 2.30 |
Q3 2015 | 8.83 | 15.75 | 1.62 |
Q4 2015 | 7.28 | 13.12 | 1.26 |
Q1 2016 | 5.33 | 11.64 | 1.01 |
Q2 2016 | 8.40 | 11.00 | 0.96 |
Q3 2016 | 6.56 | 8.61 | 0.74 |
Q4 2016 | 9.40 | 12.36 | 1.01 |
Q1 2017 | 13.51 | 13.51 | 1.15 |
Q2 2017 | 11.77 | 11.77 | 1.06 |
Q3 2017 | 12.71 | 12.71 | 1.21 |
Q4 2017 | 11.09 | 11.09 | 1.08 |
Q1 2018 | 10.46 | 10.46 | 1.08 |
Q2 2018 | 13.42 | 13.42 | 1.06 |
Q3 2018 | 12.84 | 12.84 | 1.02 |
Q4 2018 | 30.96 | 12.59 | 1.04 |
Q1 2019 | 36.53 | 14.82 | 1.20 |
Q2 2019 | 32.60 | 13.39 | 1.11 |
Q3 2019 | 28.15 | 11.73 | 0.98 |
Q4 2019 | 12.44 | 12.44 | 1.06 |
Q1 2020 | 9.92 | 9.92 | 0.80 |
Q2 2020 | 10.88 | 10.88 | 0.80 |
Q3 2020 | 14.81 | 14.81 | 0.97 |
Q4 2020 | More than 100 | More than 100 | 0.99 |
Q1 2021 | More than 100 | More than 100 | 1.10 |
Q2 2021 | More than 100 | More than 100 | 1.27 |
Q3 2021 | More than 100 | More than 100 | 1.28 |
Q4 2021 | 15.76 | 15.64 | 1.32 |
Q1 2022 | 20.73 | 21.62 | 1.81 |
Q2 2022 | 17.84 | 17.92 | 1.53 |
Q3 2022 | 17.67 | 18.47 | 1.58 |
Q4 2022 | 15.20 | 15.96 | 1.33 |
Q1 2023 | 16.99 | 17.01 | 1.23 |
Period | P/E | Adjusted P/E | Price/book |
---|---|---|---|
2013 | 25.04 | 25.04 | 2.84 |
2014 | 28.05 | 29.58 | 2.61 |
2015 | 7.28 | 13.12 | 1.26 |
2016 | 9.40 | 12.36 | 1.01 |
2017 | 11.09 | 11.09 | 1.08 |
2018 | 30.96 | 12.59 | 1.04 |
2019 | 12.44 | 12.44 | 1.06 |
2020 | More than 100 | More than 100 | 0.99 |
2021 | 15.76 | 15.64 | 1.32 |
2022 | 15.16 | 15.92 | 1.33 |
Q1 2023
2023
Period | Retail | Corporate and Institutional Banking | Global markets and Treasury | Brokerage and Asset Management | Takaful Ta'awni | Others |
---|---|---|---|---|---|---|
Q1 2014 | 149.23 | 108.40 | 177.78 | 86.67 | 5.72 | (10.39) |
Q2 2014 | 154.19 | 136.57 | 183.90 | 103.10 | 5.70 | (14.31) |
Q3 2014 | 241.80 | 152.13 | 94.78 | 103.80 | 16.80 | (15.06) |
Q4 2014 | 194.50 | 161.40 | 158.34 | 52.81 | 5.42 | (15.63) |
Q1 2015 | 211.86 | 173.44 | 153.59 | 94.53 | 5.44 | (14.49) |
Q2 2015 | 220.02 | 153.97 | 170.90 | 88.18 | 5.37 | 545.83 |
Q3 2015 | 213.55 | 144.66 | 156.01 | 34.56 | 5.29 | (22.03) |
Q4 2015 | 248.50 | 105.60 | 191.82 | 53.46 | 5.24 | (23.79) |
Q1 2016 | 251.38 | 120.43 | 166.80 | 53.64 | 4.52 | 176.49 |
Q2 2016 | 245.82 | 110.98 | 197.39 | 51.27 | 4.75 | (30.34) |
Q3 2016 | 230.30 | 124.05 | 203.25 | 37.20 | 5.84 | (25.29) |
Q4 2016 | 191.78 | 128.75 | 196.50 | 51.38 | 5.11 | (29.47) |
Q1 2017 | 253.88 | 143.41 | 203.93 | 47.12 | 5.10 | (36.14) |
Q2 2017 | 270.06 | 151.98 | 219.07 | 42.23 | 4.78 | (43.00) |
Q3 2017 | 281.75 | 127.62 | 268.85 | 42.18 | 4.67 | (55.81) |
Q4 2017 | 276.54 | 115.18 | 258.46 | 45.42 | 5.21 | (52.73) |
Q1 2018 | 281.78 | 112.34 | 254.45 | 46.80 | 4.81 | (54.06) |
Q2 2018 | 292.74 | 108.63 | 280.93 | 45.51 | 4.90 | (60.48) |
Q3 2018 | 298.25 | 111.60 | 277.52 | 35.48 | 4.83 | (61.86) |
Q4 2018 | 312.71 | 100.82 | 279.43 | 44.35 | 4.61 | (61.32) |
Q1 2019 | 336.04 | 122.71 | 257.01 | 41.97 | 4.46 | (66.36) |
Q2 2019 | 345.58 | 126.47 | 267.15 | 38.29 | 4.42 | (67.51) |
Q3 2019 | 355.96 | 117.66 | 312.05 | 37.62 | 4.42 | (78.08) |
Q4 2019 | 364.63 | 189.87 | 302.46 | 49.76 | 4.31 | (93.72) |
Q1 2020 | 427.82 | 147.36 | 244.29 | 50.52 | 0.39 | (101.46) |
Q2 2020 | 396.92 | 152.77 | 269.36 | 49.49 | (0.39) | (78.73) |
Q3 2020 | 395.15 | 151.67 | 276.16 | 74.43 | - | (85.51) |
Q4 2020 | 468.08 | 153.50 | 263.10 | 107.52 | - | (75.30) |
Q1 2021 | 474.07 | 175.37 | 256.47 | 95.80 | - | (56.27) |
Q2 2021 | 454.23 | 157.11 | 188.19 | 72.11 | - | (43.21) |
Q3 2021 | 497.52 | 179.43 | 194.90 | 65.85 | - | (59.44) |
Q4 2021 | 486.82 | 168.13 | 222.19 | 77.46 | - | (59.57) |
Q1 2022 | 515.10 | 188.06 | 262.95 | 76.67 | - | (56.61) |
Q2 2022 | 457.64 | 178.10 | 166.27 | 69.62 | - | (64.70) |
Q3 2022 | 450.02 | 208.63 | 224.47 | 83.41 | - | (85.41) |
Q4 2022 | 393.27 | 232.75 | 161.21 | 110.83 | - | (76.96) |
Q1 2023 | 408.45 | 210.16 | 154.19 | 79.66 | - | (68.58) |
Period | Retail | Corporate and Institutional Banking | Global markets and Treasury | Brokerage and Asset Management | Takaful Ta'awni | Others |
---|---|---|---|---|---|---|
2013 | 547.92 | 491.85 | 542.70 | 274.70 | 21.39 | (39.24) |
2014 | 739.72 | 558.51 | 614.79 | 346.39 | 22.22 | (55.39) |
2015 | 893.94 | 577.67 | 672.32 | 270.73 | 21.34 | 485.52 |
2016 | 919.29 | 484.21 | 763.93 | 193.48 | 20.21 | 91.39 |
2017 | 1,082.22 | 538.19 | 950.31 | 176.95 | 19.75 | (187.68) |
2018 | 1,185.48 | 433.39 | 1,092.33 | 172.14 | 19.14 | (237.73) |
2019 | 1,402.21 | 556.71 | 1,138.67 | 167.64 | 17.60 | (305.67) |
2020 | 1,687.96 | 605.30 | 1,052.91 | 281.95 | - | (341.00) |
2021 | 1,912.64 | 680.04 | 861.75 | 311.22 | - | (218.49) |
2022 | 1,816.03 | 807.53 | 814.89 | 340.53 | - | (283.68) |
Item | Q1 2023 (e) | Q1 2023 (a) | Change |
---|---|---|---|
Average | 295.54 | 204.04 | (31.0 %) |
Item | Q1 2023 (e) | Q1 2023 (a) | Change |
---|---|---|---|
OSOOL AND BAKHEET | 283.08 | 204.04 | (27.9) % |
SNB Capital | 308.00 | 204.04 | (33.8) % |
Current | |
Market Cap (M Riyal) | 16,953.50 |
Shares Outstanding ((M)) | 1,025.00 |
EPS ( Riyal) (TTM) | 1.20 |
EPS Diluted ( Riyal) (TTM) | 1.01 |
Book Value (BV) ( Riyal) | 13.18 |
Par Value ( Riyal) | 10.00 |
Adjusted P/E (Last12) | 14.32 |
P/E (TTM) | 13.78 |
Price/book | 1.25 |
Return on Average Assets (%) (TTM) | 0.9 |
Return on Average Equity (%) (TTM) | 9.5 |
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