Samba’s net profit rises 20% to SAR 1.274 bln in Q1 2020

17/05/2020 Argaam Exclusive

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Samba Financial Group reported a net profit of SAR 1.274 billion for the first quarter of 2020, a 20% year-on-year (YoY) increase, compared to a profit of SAR 1.065 billion for the same period last year.

The company attributed the profit increase to higher IOUs at fair value through other comprehensive income (FVOCI), apart from higher exchange income and other income. However, this was partially offset by higher Zakat and tax expenses.

On the other hand, total operating expenses increased due to higher salaries and employee-related expenses, depreciation and other general and administrative (G&A) expenses.

This was however offset by decrease in credit impairment provision.

On a sequential basis, net profit increased by 66.6% driven by higher income on FVOCI debt, income from investment held at fair value through income statement (FVIS), other operating income and decline in Zakat and tax expenses.

On the other hand, total operating expenses declined by 7% due to lower rent, depreciation, credit impairment provision and salaries and employee related expenses, despite higher G&A expenses.

Current Quarter Comparison (M)

Compared With The

Item	Q1 2019	Q1 2020	Change‬
Net Special Commission Income	1,645.88	1,562.45	(5.1 %)
Operating Income	2,195.28	2,431.10	10.7 %
Debt Provisions	(320.92)	(182.64)	43.1 %
Net Income	1,064.73	1,273.06	19.6 %
Average Shares	2,000.00	2,000.00	-
EPS (Riyals)	0.53	0.64	19.6 %

Item	Q4 2019	Q1 2020	Change‬
Net Special Commission Income	1,559.40	1,562.45	0.2 %
Operating Income	2,038.55	2,431.10	19.3 %
Debt Provisions	(231.14)	(182.64)	21.0 %
Net Income	760.14	1,273.06	67.5 %
Average Shares	2,000.00	2,000.00	-
EPS (Riyals)	0.38	0.64	67.5 %

Balance Sheet (B)

Item	3m 2019	3m 2020	Change‬
Assets	231.11	267.08	15.6 %
Customer Deposits	170.17	177.71	4.4 %
Loan	115.05	147.82	28.5 %

Financial results (Million)

Period	Net Special Commission Income	Change	Operating Income	Change	Debt Provisions	Change
Q1 2011	1,069.27	(8.7 %)	1,700.95	(7.6 %)	(92.80)	42.0 %
Q2 2011	1,133.39	(5.7 %)	1,634.52	(7.7 %)	(11.04)	80.8 %
Q3 2011	1,053.38	(4.9 %)	1,713.21	(0.9 %)	(90.88)	42.5 %
Q4 2011	1,052.43	(0.2 %)	1,513.68	(2.9 %)	(106.69)	41.7 %
2011	4,308.47	(5.0 %)	6,562.37	(4.9 %)	(301.41)	46.1 %
Q1 2012	1,054.81	(1.4 %)	1,796.16	5.6 %	(137.54)	(48.2 %)
Q2 2012	1,078.63	(4.8 %)	1,744.66	6.7 %	(60.86)	(451.1 %)
Q3 2012	1,109.94	5.4 %	1,694.92	(1.1 %)	(34.95)	61.5 %
Q4 2012	1,029.99	(2.1 %)	1,458.34	(3.7 %)	(65.30)	38.8 %
2012	4,273.37	(0.8 %)	6,694.08	2.0 %	(298.65)	0.9 %
Q1 2013	1,081.96	2.6 %	1,896.97	5.6 %	(218.20)	(58.6 %)
Q2 2013	1,148.93	6.5 %	1,756.24	0.7 %	(59.40)	2.4 %
Q3 2013	1,180.81	6.4 %	1,745.42	3.0 %	(60.45)	(73.0 %)
Q4 2013	1,116.58	8.4 %	1,601.90	9.8 %	(15.31)	76.6 %
2013	4,528.28	6.0 %	7,000.53	4.6 %	(353.36)	(18.3 %)
Q1 2014	1,083.08	0.1 %	1,873.11	(1.3 %)	(70.28)	67.8 %
Q2 2014	1,161.51	1.1 %	1,844.25	5.0 %	(31.91)	46.3 %
Q3 2014	1,175.06	(0.5 %)	1,850.16	6.0 %	(7.35)	87.8 %
Q4 2014	1,173.72	5.1 %	1,817.32	13.4 %	(31.80)	(107.7 %)
2014	4,593.36	1.4 %	7,384.84	5.5 %	(141.33)	60.0 %
Q1 2015	1,127.91	4.1 %	1,972.95	5.3 %	(49.02)	30.2 %
Q2 2015	1,162.72	0.1 %	1,949.01	5.7 %	(27.08)	15.1 %
Q3 2015	1,183.54	0.7 %	1,990.00	7.6 %	(32.79)	(346.0 %)
Q4 2015	1,188.66	1.3 %	1,842.62	1.4 %	(33.27)	(4.6 %)
2015	4,662.84	1.5 %	7,754.58	5.0 %	(142.16)	(0.6 %)
Q1 2016	1,252.13	11.0 %	1,941.36	(1.6 %)	(44.71)	8.8 %
Q2 2016	1,338.84	15.1 %	1,987.50	2.0 %	(38.05)	(40.5 %)
Q3 2016	1,466.14	23.9 %	2,036.21	2.3 %	(62.41)	(90.3 %)
Q4 2016	1,325.18	11.5 %	1,795.38	(2.6 %)	(54.98)	(65.3 %)
2016	5,382.28	15.4 %	7,760.46	0.1 %	(200.15)	(40.8 %)
Q1 2017	1,358.55	8.5 %	1,979.19	1.9 %	(107.44)	(140.3 %)
Q2 2017	1,385.90	3.5 %	1,987.93	0.0 %	(60.32)	(58.5 %)
Q3 2017	1,446.91	(1.3 %)	2,021.44	(0.7 %)	(74.26)	(19.0 %)
Q4 2017	1,540.87	16.3 %	1,903.01	6.0 %	(45.15)	17.9 %
2017	5,732.23	6.5 %	7,891.57	1.7 %	(287.17)	(43.5 %)
Q1 2018	1,433.23	5.5 %	1,939.02	(2.0 %)	(12.19)	88.7 %
Q2 2018	1,541.07	11.2 %	2,078.54	4.6 %	(53.85)	10.7 %
Q3 2018	1,589.27	9.8 %	2,110.70	4.4 %	(68.66)	7.5 %
Q4 2018	1,588.33	3.1 %	2,028.26	6.6 %	(20.82)	53.9 %
2018	6,151.89	7.3 %	8,156.52	3.4 %	(155.52)	45.8 %
Q1 2019	1,645.88	14.8 %	2,195.28	13.2 %	(320.92)	(2,532.2 %)
Q2 2019	1,607.62	4.3 %	2,171.29	4.5 %	(460.81)	(755.8 %)
Q3 2019	1,563.75	(1.6 %)	2,195.24	4.0 %	(90.17)	(31.3 %)
Q4 2019	1,559.40	(1.8 %)	2,038.55	0.5 %	(231.14)	(1,010.0 %)
2019	6,376.65	3.7 %	8,600.35	5.4 %	(1,103.04)	(609.3 %)
Q1 2020	1,562.45	(5.1 %)	2,431.10	10.7 %	(182.64)	43.1 %

Period	Net Special Commission Income	Change	Operating Income	Change	Debt Provisions	Change
2010	4,536.46	(10.5 %)	6,900.50	(2.9 %)	(558.79)	7.6 %
2011	4,308.47	(5.0 %)	6,562.37	(4.9 %)	(301.41)	46.1 %
2012	4,273.37	(0.8 %)	6,694.08	2.0 %	(298.65)	0.9 %
2013	4,528.28	6.0 %	7,000.53	4.6 %	(353.36)	(18.3 %)
2014	4,593.36	1.4 %	7,384.84	5.5 %	(141.33)	60.0 %
2015	4,662.84	1.5 %	7,754.58	5.0 %	(142.16)	(0.6 %)
2016	5,382.28	15.4 %	7,760.46	0.1 %	(200.15)	(40.8 %)
2017	5,732.23	6.5 %	7,891.57	1.7 %	(287.17)	(43.5 %)
2018	6,151.89	7.3 %	8,156.52	3.4 %	(155.52)	45.8 %
2019	6,376.65	3.7 %	8,600.35	5.4 %	(1,103.04)	(609.3 %)

Profit Performance (Million)

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
Q1 2011	1,123.13	(7.2 %)	0.56	-	1,123.13	0.56
Q2 2011	1,102.06	(9.7 %)	0.55	-	1,102.06	0.55
Q3 2011	1,135.09	2.9 %	0.57	-	1,135.09	0.57
Q4 2011	942.99	4.7 %	0.47	-	942.99	0.47
2011	4,303.27	(3.0 %)	2.15	-	4,303.27	2.15
Q1 2012	1,144.50	1.9 %	0.57	-	1,144.50	0.57
Q2 2012	1,157.50	5.0 %	0.58	-	1,157.50	0.58
Q3 2012	1,159.61	2.2 %	0.58	-	1,159.61	0.58
Q4 2012	868.56	(7.9 %)	0.43	-	868.56	0.43
2012	4,330.18	0.6 %	2.17	-	4,330.18	2.17
Q1 2013	1,158.26	1.2 %	0.58	-	1,158.26	0.58
Q2 2013	1,175.05	1.5 %	0.59	-	1,175.05	0.59
Q3 2013	1,170.87	1.0 %	0.59	-	1,170.87	0.59
Q4 2013	1,005.87	15.8 %	0.50	-	1,005.87	0.50
2013	4,510.05	4.2 %	2.26	-	4,510.05	2.26
Q1 2014	1,240.09	7.1 %	0.62	-	1,240.09	0.62
Q2 2014	1,257.00	7.0 %	0.63	-	1,257.00	0.63
Q3 2014	1,276.29	9.0 %	0.64	-	1,276.29	0.64
Q4 2014	1,231.70	22.5 %	0.62	-	1,231.70	0.62
2014	5,005.08	11.0 %	2.50	-	5,005.08	2.50
Q1 2015	1,277.95	3.1 %	0.64	-	1,277.95	0.64
Q2 2015	1,332.42	6.0 %	0.67	-	1,332.42	0.67
Q3 2015	1,370.41	7.4 %	0.69	-	1,370.41	0.69
Q4 2015	1,231.56	0.0 %	0.62	-	1,231.56	0.62
2015	5,212.34	4.1 %	2.61	-	5,212.34	2.61
Q1 2016	1,259.16	(1.5 %)	0.63	-	1,259.16	0.63
Q2 2016	1,313.03	(1.5 %)	0.66	-	1,313.03	0.66
Q3 2016	1,341.32	(2.1 %)	0.67	-	1,341.32	0.67
Q4 2016	1,089.41	(11.5 %)	0.54	-	1,089.41	0.54
2016	5,002.91	(4.0 %)	2.50	-	5,002.91	2.50
Q1 2017	1,230.59	(2.3 %)	0.62	-	1,230.59	0.62
Q2 2017	1,270.22	(3.3 %)	0.64	-	1,270.22	0.64
Q3 2017	1,307.34	(2.5 %)	0.65	-	1,307.34	0.65
Q4 2017	1,212.92	11.3 %	0.61	-	1,212.92	0.61
2017	5,021.07	0.4 %	2.51	-	5,021.07	2.51
Q1 2018	1,143.79	(7.1 %)	0.57	-	1,143.79	0.57
Q2 2018	1,236.63	(2.6 %)	0.62	-	1,236.63	0.62
Q3 2018	1,257.66	(3.8 %)	0.63	-	1,257.66	0.63
Q4 2018	(586.99)	(148.4 %)	(0.29)	(1811.60)	1,224.61	0.61
2018	3,051.09	(39.2 %)	1.53	(1811.60)	4,862.69	2.43
Q1 2019	1,064.73	(6.9 %)	0.53	-	1,064.73	0.53
Q2 2019	934.18	(24.5 %)	0.47	-	934.18	0.47
Q3 2019	1,225.24	(2.6 %)	0.61	-	1,225.24	0.61
Q4 2019	760.14	229.5 %	0.38	-	760.14	0.38
2019	3,984.30	30.6 %	1.99	-	3,984.30	1.99
Q1 2020	1,273.06	19.6 %	0.64	-	1,273.06	0.64

Period	Net Income	Change	EPS(Riyal)	Extraordinary Income/Expense	Net Profit Before Unusual Items	EPS Before XO Items
2010	4,435.12	(2.7 %)	2.22	-	4,435.12	2.22
2011	4,303.27	(3.0 %)	2.15	-	4,303.27	2.15
2012	4,330.18	0.6 %	2.17	-	4,330.18	2.17
2013	4,510.05	4.2 %	2.26	-	4,510.05	2.26
2014	5,005.08	11.0 %	2.50	-	5,005.08	2.50
2015	5,212.34	4.1 %	2.61	-	5,212.34	2.61
2016	5,002.91	(4.0 %)	2.50	-	5,002.91	2.50
2017	5,021.07	0.4 %	2.51	-	5,021.07	2.51
2018	3,051.09	(39.2 %)	1.53	(1811.60)	4,862.69	2.43
2019	3,984.30	30.6 %	1.99	-	3,984.30	1.99

Profitability

Period	Return On Average Assets	Return on Average Equity	Net Interest Income/Total Operating Income
Q1 2011	2.31 %	17.67 %	65.59 %
Q2 2011	2.23 %	16.54 %	65.90 %
Q3 2011	2.28 %	16.18 %	65.24 %
Q4 2011	2.26 %	16.07 %	65.65 %
2011	2.26 %	16.07 %	65.65 %
Q1 2012	2.23 %	15.65 %	64.50 %
Q2 2012	2.25 %	15.72 %	62.64 %
Q3 2012	2.26 %	15.24 %	63.65 %
Q4 2012	2.22 %	14.49 %	63.84 %
2012	2.22 %	14.49 %	63.84 %
Q1 2013	2.20 %	14.22 %	63.29 %
Q2 2013	2.17 %	14.01 %	64.22 %
Q3 2013	2.16 %	13.64 %	64.78 %
Q4 2013	2.24 %	13.58 %	64.68 %
2013	2.24 %	13.58 %	64.68 %
Q1 2014	2.25 %	13.65 %	64.92 %
Q2 2014	2.24 %	13.56 %	64.29 %
Q3 2014	2.28 %	13.39 %	63.27 %
Q4 2014	2.37 %	13.60 %	62.20 %
2014	2.37 %	13.60 %	62.20 %
Q1 2015	2.34 %	13.60 %	61.97 %
Q2 2015	2.33 %	13.53 %	61.13 %
Q3 2015	2.32 %	13.47 %	60.13 %
Q4 2015	2.30 %	13.19 %	60.13 %
2015	2.30 %	13.19 %	60.13 %
Q1 2016	2.27 %	13.02 %	61.98 %
Q2 2016	2.25 %	12.95 %	63.95 %
Q3 2016	2.18 %	12.79 %	67.19 %
Q4 2016	2.14 %	12.10 %	69.36 %
2016	2.14 %	12.10 %	69.36 %
Q1 2017	2.13 %	11.79 %	70.38 %
Q2 2017	2.12 %	11.75 %	70.98 %
Q3 2017	2.10 %	11.60 %	70.87 %
Q4 2017	2.19 %	11.54 %	72.64 %
2017	2.19 %	11.54 %	72.64 %
Q1 2018	2.14 %	11.37 %	73.96 %
Q2 2018	2.12 %	11.25 %	75.07 %
Q3 2018	2.12 %	11.23 %	76.01 %
Q4 2018	1.33 %	7.03 %	75.42 %
2018	1.33 %	7.03 %	75.42 %
Q1 2019	1.29 %	6.90 %	75.65 %
Q2 2019	1.14 %	6.08 %	75.61 %
Q3 2019	1.13 %	6.04 %	74.57 %
Q4 2019	1.63 %	9.10 %	74.14 %
2019	1.63 %	9.10 %	74.14 %
Q1 2020	1.68 %	9.59 %	71.22 %

Period	Return On Average Assets	Return on Average Equity	Net Interest Income/Total Operating Income
2010	2.38 %	18.58 %	65.74 %
2011	2.26 %	16.07 %	65.65 %
2012	2.22 %	14.49 %	63.84 %
2013	2.24 %	13.58 %	64.68 %
2014	2.37 %	13.60 %	62.20 %
2015	2.30 %	13.19 %	60.13 %
2016	2.14 %	12.10 %	69.36 %
2017	2.19 %	11.54 %	72.64 %
2018	1.33 %	7.03 %	75.42 %
2019	1.63 %	9.10 %	74.14 %

Balance Sheet (B)

Period	Assets	Change	Customer Deposits	Change	Loan	Change
Q1 2011	190.90	2.7 %	134.45	(2.0 %)	81.32	(4.6 %)
Q2 2011	190.63	1.2 %	138.82	2.0 %	82.37	(0.4 %)
Q3 2011	188.57	1.9 %	134.89	2.2 %	88.26	8.5 %
Q4 2011	192.77	2.9 %	137.26	2.8 %	89.11	11.0 %
Q1 2012	196.17	2.8 %	139.90	4.1 %	92.78	14.1 %
Q2 2012	199.51	4.7 %	142.36	2.5 %	95.73	16.2 %
Q3 2012	201.51	6.9 %	143.22	6.2 %	98.06	11.1 %
Q4 2012	197.07	2.2 %	148.74	8.4 %	102.63	15.2 %
Q1 2013	198.54	1.2 %	151.69	8.4 %	104.30	12.4 %
Q2 2013	203.03	1.8 %	156.06	9.6 %	109.03	13.9 %
Q3 2013	203.07	0.8 %	155.16	8.3 %	111.25	13.4 %
Q4 2013	205.04	4.0 %	158.34	6.5 %	113.46	10.5 %
Q1 2014	208.77	5.1 %	158.77	4.7 %	115.61	10.8 %
Q2 2014	214.25	5.5 %	163.64	4.9 %	122.16	12.0 %
Q3 2014	216.37	6.5 %	163.51	5.4 %	120.18	8.0 %
Q4 2014	217.40	6.0 %	163.79	3.4 %	124.08	9.4 %
Q1 2015	222.58	6.6 %	168.01	5.8 %	127.04	9.9 %
Q2 2015	225.93	5.4 %	170.88	4.4 %	130.88	7.1 %
Q3 2015	233.75	8.0 %	174.92	7.0 %	127.36	6.0 %
Q4 2015	235.24	8.2 %	171.80	4.9 %	130.00	4.8 %
Q1 2016	235.25	5.7 %	178.33	6.1 %	132.36	4.2 %
Q2 2016	233.99	3.6 %	172.12	0.7 %	130.82	0.0 %
Q3 2016	238.31	2.0 %	173.96	(0.5 %)	129.80	1.9 %
Q4 2016	231.49	(1.6 %)	172.08	0.2 %	125.23	(3.7 %)
Q1 2017	231.83	(1.5 %)	170.30	(4.5 %)	124.27	(6.1 %)
Q2 2017	231.02	(1.3 %)	171.21	(0.5 %)	120.52	(7.9 %)
Q3 2017	228.84	(4.0 %)	166.70	(4.2 %)	120.68	(7.0 %)
Q4 2017	227.55	(1.7 %)	167.92	(2.4 %)	117.68	(6.0 %)
Q1 2018	228.91	(1.3 %)	172.33	1.2 %	116.04	(6.6 %)
Q2 2018	231.70	0.3 %	168.60	(1.5 %)	116.63	(3.2 %)
Q3 2018	228.28	(0.2 %)	169.62	1.8 %	114.70	(5.0 %)
Q4 2018	229.94	1.1 %	170.17	1.3 %	113.71	(3.4 %)
Q1 2019	231.11	1.0 %	170.17	(1.3 %)	115.05	(0.8 %)
Q2 2019	235.55	1.7 %	168.31	(0.2 %)	115.06	(1.3 %)
Q3 2019	237.34	4.0 %	165.49	(2.4 %)	125.49	9.4 %
Q4 2019	259.53	12.9 %	180.17	5.9 %	141.60	24.5 %
Q1 2020	267.08	15.6 %	177.71	4.4 %	147.82	28.5 %

Period	Assets	Change	Customer Deposits	Change	Loan	Change
3m 2011	190.90	2.7 %	134.45	(2.0 %)	81.32	(4.6 %)
6m 2011	190.63	1.2 %	138.82	2.0 %	82.37	(0.4 %)
9m 2011	188.57	1.9 %	134.89	2.2 %	88.26	8.5 %
12m 2011	192.77	2.9 %	137.26	2.8 %	89.11	11.0 %
3m 2012	196.17	2.8 %	139.90	4.1 %	92.78	14.1 %
6m 2012	199.51	4.7 %	142.36	2.5 %	95.73	16.2 %
9m 2012	201.51	6.9 %	143.22	6.2 %	98.06	11.1 %
12m 2012	197.07	2.2 %	148.74	8.4 %	102.63	15.2 %
3m 2013	198.54	1.2 %	151.69	8.4 %	104.30	12.4 %
6m 2013	203.03	1.8 %	156.06	9.6 %	109.03	13.9 %
9m 2013	203.07	0.8 %	155.16	8.3 %	111.25	13.4 %
12m 2013	205.04	4.0 %	158.34	6.5 %	113.46	10.5 %
3m 2014	208.77	5.1 %	158.77	4.7 %	115.61	10.8 %
6m 2014	214.25	5.5 %	163.64	4.9 %	122.16	12.0 %
9m 2014	216.37	6.5 %	163.51	5.4 %	120.18	8.0 %
12m 2014	217.40	6.0 %	163.79	3.4 %	124.08	9.4 %
3m 2015	222.58	6.6 %	168.01	5.8 %	127.04	9.9 %
6m 2015	225.93	5.4 %	170.88	4.4 %	130.88	7.1 %
9m 2015	233.75	8.0 %	174.92	7.0 %	127.36	6.0 %
12m 2015	235.24	8.2 %	171.80	4.9 %	130.00	4.8 %
3m 2016	235.25	5.7 %	178.33	6.1 %	132.36	4.2 %
6m 2016	233.99	3.6 %	172.12	0.7 %	130.82	0.0 %
9m 2016	238.31	2.0 %	173.96	(0.5 %)	129.80	1.9 %
12m 2016	231.49	(1.6 %)	172.08	0.2 %	125.23	(3.7 %)
3m 2017	231.83	(1.5 %)	170.30	(4.5 %)	124.27	(6.1 %)
6m 2017	231.02	(1.3 %)	171.21	(0.5 %)	120.52	(7.9 %)
9m 2017	228.84	(4.0 %)	166.70	(4.2 %)	120.68	(7.0 %)
12m 2017	227.55	(1.7 %)	167.92	(2.4 %)	117.68	(6.0 %)
3m 2018	228.91	(1.3 %)	172.33	1.2 %	116.04	(6.6 %)
6m 2018	231.70	0.3 %	168.60	(1.5 %)	116.63	(3.2 %)
9m 2018	228.28	(0.2 %)	169.62	1.8 %	114.70	(5.0 %)
12m 2018	229.94	1.1 %	170.17	1.3 %	113.71	(3.4 %)
3m 2019	231.11	1.0 %	170.17	(1.3 %)	115.05	(0.8 %)
6m 2019	235.55	1.7 %	168.31	(0.2 %)	115.06	(1.3 %)
9m 2019	237.34	4.0 %	165.49	(2.4 %)	125.49	9.4 %
12m 2019	259.53	12.9 %	180.17	5.9 %	141.60	24.5 %
3m 2020	267.08	15.6 %	177.71	4.4 %	147.82	28.5 %

Period	Assets	Change	Customer Deposits	Change	Loan	Change
2010	187.42	1.0 %	133.46	(9.3 %)	80.25	(4.6 %)
2011	192.77	2.9 %	137.26	2.8 %	89.11	11.0 %
2012	197.07	2.2 %	148.74	8.4 %	102.63	15.2 %
2013	205.04	4.0 %	158.34	6.5 %	113.46	10.5 %
2014	217.40	6.0 %	163.79	3.4 %	124.08	9.4 %
2015	235.24	8.2 %	171.80	4.9 %	130.00	4.8 %
2016	231.49	(1.6 %)	172.08	0.2 %	125.23	(3.7 %)
2017	227.55	(1.7 %)	167.92	(2.4 %)	117.68	(6.0 %)
2018	229.94	1.1 %	170.17	1.3 %	113.71	(3.4 %)
2019	259.53	12.9 %	180.17	5.9 %	141.60	24.5 %

Ratios

Period	Customer Deposits Per Total Assets	Loans and advances/Total assets	Loans and advances/Customers Deposits
Q1 2011	70.43 %	42.60 %	60.48 %
Q2 2011	72.82 %	43.21 %	59.33 %
Q3 2011	71.54 %	46.81 %	65.43 %
Q4 2011	71.20 %	46.23 %	64.92 %
Q1 2012	71.32 %	47.30 %	66.32 %
Q2 2012	71.35 %	47.98 %	67.25 %
Q3 2012	71.07 %	48.66 %	68.47 %
Q4 2012	75.47 %	52.08 %	69.00 %
Q1 2013	76.40 %	52.53 %	68.76 %
Q2 2013	76.87 %	53.70 %	69.86 %
Q3 2013	76.41 %	54.79 %	71.70 %
Q4 2013	77.22 %	55.33 %	71.65 %
Q1 2014	76.05 %	55.38 %	72.82 %
Q2 2014	76.38 %	57.02 %	74.65 %
Q3 2014	75.57 %	55.54 %	73.50 %
Q4 2014	75.34 %	57.07 %	75.75 %
Q1 2015	75.48 %	57.07 %	75.61 %
Q2 2015	75.63 %	57.93 %	76.59 %
Q3 2015	74.83 %	54.48 %	72.81 %
Q4 2015	73.03 %	55.26 %	75.67 %
Q1 2016	75.80 %	56.26 %	74.22 %
Q2 2016	73.56 %	55.91 %	76.00 %
Q3 2016	73.00 %	54.47 %	74.61 %
Q4 2016	74.33 %	54.10 %	72.78 %
Q1 2017	73.46 %	53.60 %	72.97 %
Q2 2017	74.11 %	52.17 %	70.39 %
Q3 2017	72.85 %	52.74 %	72.39 %
Q4 2017	73.80 %	51.72 %	70.08 %
Q1 2018	75.28 %	50.69 %	67.34 %
Q2 2018	72.77 %	50.34 %	69.18 %
Q3 2018	74.31 %	50.25 %	67.62 %
Q4 2018	74.01 %	49.45 %	66.82 %
Q1 2019	73.63 %	49.78 %	67.61 %
Q2 2019	71.45 %	48.85 %	68.37 %
Q3 2019	69.73 %	52.88 %	75.83 %
Q4 2019	69.42 %	54.56 %	78.59 %
Q1 2020	66.54 %	55.35 %	83.18 %

Period	Customer Deposits Per Total Assets	Loans and advances/Total assets	Loans and advances/Customers Deposits
2010	71.21 %	42.82 %	60.13 %
2011	71.20 %	46.23 %	64.92 %
2012	75.47 %	52.08 %	69.00 %
2013	77.22 %	55.33 %	71.65 %
2014	75.34 %	57.07 %	75.75 %
2015	73.03 %	55.26 %	75.67 %
2016	74.33 %	54.10 %	72.78 %
2017	73.80 %	51.72 %	70.08 %
2018	74.01 %	49.45 %	66.82 %
2019	69.42 %	54.56 %	78.59 %

Per Share Data (Riyal)

Compared With The

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
Q1 2011	2,000.00	2.17	2.17	13.01
Q2 2011	2,000.00	2.11	2.11	13.29
Q3 2011	2,000.00	2.13	2.13	13.60
Q4 2011	2,000.00	2.15	2.15	14.06
Q1 2012	2,000.00	2.16	2.16	14.61
Q2 2012	2,000.00	2.19	2.19	14.58
Q3 2012	2,000.00	2.20	2.20	15.30
Q4 2012	2,000.00	2.17	2.17	15.82
Q1 2013	2,000.00	2.17	2.17	15.93
Q2 2013	2,000.00	2.18	2.18	16.55
Q3 2013	2,000.00	2.19	2.19	16.75
Q4 2013	2,000.00	2.26	2.26	17.40
Q1 2014	2,000.00	2.30	2.30	17.70
Q2 2014	2,000.00	2.34	2.34	17.93
Q3 2014	2,000.00	2.39	2.39	18.93
Q4 2014	2,000.00	2.50	2.50	19.39
Q1 2015	2,000.00	2.52	2.52	19.37
Q2 2015	2,000.00	2.56	2.56	19.90
Q3 2015	2,000.00	2.61	2.61	19.77
Q4 2015	2,000.00	2.61	2.61	20.13
Q1 2016	2,000.00	2.60	2.60	20.50
Q2 2016	2,000.00	2.59	2.59	20.07
Q3 2016	2,000.00	2.57	2.57	20.46
Q4 2016	2,000.00	2.50	2.50	21.22
Q1 2017	2,000.00	2.49	2.49	21.68
Q2 2017	2,000.00	2.47	2.47	21.89
Q3 2017	2,000.00	2.45	2.45	21.78
Q4 2017	2,000.00	2.51	2.51	22.29
Q1 2018	2,000.00	2.47	2.47	21.73
Q2 2018	2,000.00	2.45	2.45	21.68
Q3 2018	2,000.00	2.43	2.43	21.41
Q4 2018	2,000.00	1.53	2.43	21.11
Q1 2019	2,000.00	1.49	2.39	21.32
Q2 2019	2,000.00	1.33	2.24	22.24
Q3 2019	2,000.00	1.32	2.22	22.24
Q4 2019	2,000.00	1.99	1.99	22.68
Q1 2020	2,000.00	2.10	2.10	22.39

Period	Shares Outstanding (M)	EPS (Riyal)	Adjusted EPS (Riyal)	Book Value (BV)
2010	2,000.00	2.22	2.22	12.71
2011	2,000.00	2.15	2.15	14.06
2012	2,000.00	2.17	2.17	15.82
2013	2,000.00	2.26	2.26	17.40
2014	2,000.00	2.50	2.50	19.39
2015	2,000.00	2.61	2.61	20.13
2016	2,000.00	2.50	2.50	21.22
2017	2,000.00	2.51	2.51	22.29
2018	2,000.00	1.53	2.43	21.11
2019	2,000.00	1.99	1.99	22.68

Multiple Ratios (End of Period Price)

Compared With The

Period	P/E	Adjusted P/E	Price/book
Q1 2011	11.75	11.75	1.96
Q2 2011	10.64	10.64	1.69
Q3 2011	9.25	9.25	1.45
Q4 2011	9.75	9.75	1.49
Q1 2012	11.81	11.81	1.75
Q2 2012	9.27	9.27	1.39
Q3 2012	9.05	9.05	1.30
Q4 2012	9.29	9.29	1.27
Q1 2013	9.22	9.22	1.26
Q2 2013	10.32	10.32	1.36
Q3 2013	10.75	10.75	1.40
Q4 2013	9.98	9.98	1.29
Q1 2014	11.21	11.21	1.45
Q2 2014	10.17	10.17	1.33
Q3 2014	12.06	12.06	1.52
Q4 2014	9.25	9.25	1.19
Q1 2015	10.18	10.18	1.32
Q2 2015	10.18	10.18	1.31
Q3 2015	8.92	8.92	1.18
Q4 2015	8.95	8.95	1.16
Q1 2016	7.85	7.85	0.99
Q2 2016	7.75	7.75	1.00
Q3 2016	6.85	6.85	0.86
Q4 2016	9.73	9.73	1.15
Q1 2017	8.63	8.63	0.99
Q2 2017	10.50	10.50	1.18
Q3 2017	9.80	9.80	1.10
Q4 2017	9.36	9.36	1.05
Q1 2018	10.84	10.84	1.23
Q2 2018	13.26	13.26	1.50
Q3 2018	13.07	13.07	1.48
Q4 2018	20.58	12.91	1.49
Q1 2019	26.18	16.26	1.82
Q2 2019	26.71	15.91	1.60
Q3 2019	21.69	12.86	1.29
Q4 2019	16.29	16.29	1.43
Q1 2020	9.60	9.60	0.90

Period	P/E	Adjusted P/E	Price/book
2010	12.43	12.43	2.17
2011	9.75	9.75	1.49
2012	9.29	9.29	1.27
2013	9.98	9.98	1.29
2014	9.25	9.25	1.19
2015	8.95	8.95	1.16
2016	9.73	9.73	1.15
2017	9.36	9.36	1.05
2018	20.58	12.91	1.49
2019	16.29	16.29	1.43

Business Segments (Million)

Compared With The

Period	Retail	Corporate and Institutional Banking	Global markets and Treasury	finance and islamic investment	Others
Q1 2011	668.51	629.57	248.03	154.85	-
Q2 2011	674.34	660.62	170.14	129.43	-
Q3 2011	669.84	629.66	307.02	106.69	-
Q4 2011	640.64	576.60	172.49	123.95	-
Q1 2012	597.25	622.34	318.53	258.03	-
Q2 2012	581.73	580.33	339.55	243.04	-
Q3 2012	618.43	616.77	298.52	161.21	-
Q4 2012	565.30	544.43	225.34	123.28	-
Q1 2013	582.76	644.81	465.72	203.68	-
Q2 2013	592.58	641.13	358.34	164.18	-
Q3 2013	579.59	635.31	386.37	144.15	-
Q4 2013	531.11	560.94	393.87	115.98	-
Q1 2014	503.62	590.31	573.83	205.36	-
Q2 2014	544.25	658.70	430.86	210.44	-
Q3 2014	550.89	672.80	445.89	180.58	-
Q4 2014	576.35	683.15	401.31	156.50	-
Q1 2015	490.54	639.48	601.79	241.14	-
Q2 2015	522.69	772.66	490.87	162.79	-
Q3 2015	681.54	786.54	358.06	163.85	-
Q4 2015	564.98	812.19	352.64	112.80	-
Q1 2016	615.69	684.07	452.97	188.64	-
Q2 2016	643.00	714.74	440.14	189.63	-
Q3 2016	777.13	774.21	330.00	154.87	-
Q4 2016	753.59	602.98	383.08	55.74	-
Q1 2017	713.10	731.15	382.73	152.21	-
Q2 2017	686.64	783.60	429.59	88.10	-
Q3 2017	717.57	754.80	431.10	117.98	-
Q4 2017	655.43	728.71	423.70	95.18	-
Q1 2018	648.78	695.79	485.93	108.52	-
Q2 2018	758.34	778.46	393.81	147.95	-
Q3 2018	846.83	774.52	391.32	98.03	-
Q4 2018	878.24	779.25	269.13	101.64	-
Q1 2019	816.55	781.07	450.28	147.37	-
Q2 2019	821.77	779.65	446.50	123.37	-
Q3 2019	821.44	798.82	480.35	94.64	-
Q4 2019	748.22	677.64	477.36	135.32	-
Q1 2020	682.78	800.19	775.63	172.51	-

Period	Retail	Corporate and Institutional Banking	Global markets and Treasury	finance and islamic investment	Others
2010	2,693.71	2,546.86	1,222.44	437.49	-
2011	2,653.32	2,496.45	897.69	514.92	-
2012	2,362.72	2,363.87	1,181.95	785.56	-
2013	2,286.04	2,482.18	1,604.31	628.00	-
2014	2,175.11	2,604.96	1,851.89	752.88	-
2015	2,259.75	3,010.88	1,803.36	680.59	-
2016	2,789.40	2,776.00	1,606.18	588.87	-
2017	2,772.73	2,998.26	1,667.11	453.46	-
2018	3,132.19	3,028.01	1,540.18	456.14	-
2019	3,207.98	3,037.18	1,854.49	500.70	-

Analysts Estimates (Million)

Item	Q1 2020 (e)	Q1 2020 (a)	Change‬
Average	1,065.67	1,273.06	19.46 %

Estimates vs Actual (Million)

Item	Q1 2020 (e)	Q1 2020 (a)	Change
OSOOL AND BAKHEET	1,274.00	1,273.06	(0.1) %
SNB Capital	987.00	1,273.06	29.0 %
Riyad Capital	936.00	1,273.06	36.0 %

Financial Ratios

	Current
Market Cap (M Riyal)	77,000.00
Shares Outstanding ((M))	2,000.00
EPS ( Riyal) (TTM)	-
Book Value (BV) ( Riyal)	-
Par Value ( Riyal)	10.00
Adjusted P/E (Last12)	-
P/E (TTM)	-
Price/book	-
Return on Average Assets (%) (TTM)	-
Return on Average Equity (%) (TTM)	-

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Samba’s net profit rises 20% to SAR 1.274 bln in Q1 2020

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Current Quarter Comparison (M)

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Financial results (Million)

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Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

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Business Segments (Million)

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Samba’s net profit rises 20% to SAR 1.274 bln in Q1 2020

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Current Quarter Comparison (M)

Balance Sheet (B)

Financial results (Million)

Financial results (Million)

Profit Performance (Million)

Profit Performance (Million)

Profitability

Profitability

Balance Sheet (B)

Balance Sheet Performance (B)

Ratios

Ratios

Per Share Data (Riyal)

Per Share Data (Riyal)

Multiple Ratios (End of Period Price)

Ratios And Multiples

Business Segments (Million) Q1 2020

Revenue by Business Segment (Latest) 2020 Q1

Analysts Estimates (Million)

Analysts Estimates (Million)

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