1Q 2023 Investor Presentation
Segmental Performance - Investments & Brokerage
Modest funded income growth in 1Q 2023
مصرف الإنماء
alinma bank
Assets Under Management (SARbn)
SAR (mn)
1Q 2023
4Q 2022
A%
1Q 2022
A%
-1%
76.3
77.5
73.5
76.2
75.6
Income from investments and financing, net
27
24
+13%
23
+17%
Fees from services & other income
146
164
-11%
176
-17%
Total operating income
Total operating expenses
Income before Zakat
173
173
69
69
188
-8%
199
-13%
79
-13%
61
+13%
104
106
-2%
139
-25%
1Q 22
2Q 22
3Q 22
4Q 22
1Q 23
QoQ
+2%
-5%
+4%
-1%
Brokerage Trading Income (SARmn)
+1%
26.7
26.9
Brokerage Trading Values (SARbn)
36.7
-60%
14.7
1Q 22
1Q 23
1Q 22
1Q 23
Management Commentary
■ Investment and brokerage (I&B) operating income
fell by 13% YoY to SAR 173mn from 17% decrease in
non-funded income.
■ I&B net income decreased 25% YoY from a decrease
in income and a 13% increase in expenses.
☐
Brokerage trading income for 1Q 2023 increased by
1% while brokerage trading values decreased 60%
YoY, and AUM decreased by 1% YoY.
1Q 2023 INVESTOR PRESENTATION
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