4Q 2021 Investor Presentation
Net Profit Margin
Lower financing yields partly offset by lower funding costs contributed to a 19bps lower profit margin YoY
Average Balance of Investments & Financing (SARbn)
Net Profit Margin Movement YoY (%)
مصرف الإنماء
alinma bank
+13%
139.2
143.2
148.7
152.7
156.8
3.61%
109.5
116.2
120.3
122.5
125.6
-0.01%
-19bps
-0.47%
0.28%
3.42%
29.7
27.0
28.4
30.1
31.2
QoQ 4Q 20
+3%
1Q 21
+4%
2Q 21
+3%
3Q 21
+3%
4Q 21
Net profit margin
FY 20
Investments yield
Financing yield
COF rate
Net profit margin
FY 21
Investments
Financing
Net Profit Margin (%)
SAIBOR: 3M Average Trend (%)
3.7%
3.61%
3.6%
0.86%
0.84%
0.83%
0.84%
3.45%
3.5%
3.41%
3.42%
0.82%
3.36%
0.81%
0.80%
0.79%
3.4%
0.80%
3.3%
0.78%
3.2%
0.76%
FY 20
1Q 21
1H 21
9M 21
FY 21
FY 20
1Q 21
1H 21
9M 21
FY 21
4Q 2021 INVESTOR PRESENTATION
Management Commentary
■ The net profit margin decreased by 19bps YoY to
3.42% in 2021 due to profit rates, partly offset by a
28bps reduction in funding costs.
Average 3M SAIBOR dipped slightly during the
year but by year-end returned to a similar level as
2020.
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