2Q 2023 Investor Presentation
Net Income Trends | net profit lower by 1.2% for the first half 2023
Net Income For The Period After Zakat (SARmn)
SAR (mn)
1H 23
1H 22
YOY
2Q 23 2Q 22
YOY
-2.5%
Net financing & investment income
Fee from banking services, net
10,319
10,907 -5%
5,194 5,567 -7%
2,339
2,310
+1% 1,129
1,163 -3%
4,258
4,355
4,404
4,145
4,150
Exchange Income, net
Other operating income, net
Fees and other income
589
545
+8%
362
342
+6%
3,289
Total operating income
Operating expenses
Pre-provision profit
Total impairment charge
Net income for the period before Zakat
2Q 22
3Q 22
4Q 22
1Q 23
2Q 23
Zakat
-954
Net income for the period after Zakat
8,295
291 308 -5%
214
111 +93%
3,197 +3% 1,634 1,581 +3%
13,608 14,104 -4% 6,827 7,148 -4%
-3,640 -3,589 +1% -1,840 -1,820 +1%
9,968 10,515 -5% 4,988 5,328 -6%
-719
-1,159 -38% -360 -580 -38%
9,249 9,357 -1% 4,627 4,747 -3%
-477
-965 -1%
-489 -2%
8,392 -1% 4,150 4,258 -3%
Net Income After Zakat Growth Drivers By Type (SARmn)
4,145
68
+0.1%
4,150
(22)
(40)
(2)
(1)
Net Income After Zakat Growth Drivers By Type (SARmn)
8,392
(588)
92
22
-1.2%
(51)
440
11
8,295
1Q 23
Yield
Non-Yield Expenses Impairments
Zakat
2Q 23
1H 22
Yield
Non-Yield Expenses Impairments Zakat
1H 23
2Q 2023 Investor Presentation
25
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