3Q 2023 Financial Performance
FINANCIAL PERFORMANCE | CAPITALIZATION
Strong capital ratios despite modest decline YTD
■ Total capital (Tier 1 + Tier 2 regulatory capital) declined
1% to SAR 42.1bn during 9M 2023 as net income
generation was more than offset by dividend payments and
movements in FVOCI & other reserves.
■ RWAs increased 2% during 9M 2023 to SAR 219.3bn from
lending growth.
■ CAR was 19.21% and the Tier 1 ratio was 18.73% as of 30
Sept. 2023.
CAR (%)
19.21%
Total Capital (SAR Bn)
42.1
-1%
42.8
41.5
41.9
42.8
43.5
43.4
42.1
RWA (SAR Bn)
219.3
البنك
السعودي
الفرنسي
+2%
Banque
Saudi
Fransi
207.8
216.0
211.8
214.7
209.6 217.3
219.3
2.3
2.4
2.3
2.2
2.1
2.1
1.1
40.5
-3%
39.0
39.6
40.6
41.4
41.3
41.1
191.0
199.5
195.9
199.3
200.5
206.8 209.6
QoQ
+1%
QoQ
1Q 22
2Q 22
3Q 22
4Q 22
1Q 23
2Q 23
3Q 23
1Q 22
2Q 22
3Q 22
4Q 22
1Q 23
2Q 23
3Q 23
■T1
OT2
Credit
Operational
■Market
Total Capital Movement (SAR Bn)
42.1
-1%
20.59%
20.73%
19.76% 19.92%
19.99%
19.20%
19.21%
3.4
42.8
42.1
19.73%
19.48%
18.68% 18.90%
19.00% 18.73%
18.07%
(2.2)
(0.2)
(1.6)
17.35%
17.08%
16.32% 16.57%
16.70%
16.45%
15.76%
1Q 22
2Q 22
3Q 22
4Q 22
1Q 23
2Q 23
3Q 23
Total Capital
4Q 22
Net income
Dividends paid
Tier 1 sukuk costs
Reserves
Total Capital
3Q 23
-O-T1 Ratio
-O-CET1 Ratio
-O-CAR
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