Investor Presentaiton
Income Statement Summary
Net income rose 9% YoY from higher operating income and lower risk cost
Net Income Attributed To Equity Holders Movement YoY (SARmn)
13,815
467
612
Operating Income
SAR 1,079mn (+4%)
+9%
1,027
(415)
(459)
15,047
+3%
+9%
+6%
-68%
+17%
9M 22
NSCI¹
2
Fee & other income
Operating
Risk cost
Other³
9M 23
expenses
SNB | 3Q 2023 | Investor Presentation
Net Income (SARmn)
SNB
4,725
4,765
5,022 5,016 5,010
QoQ
LLLLI
+1%
+5%
-0%
-0%
3Q 22 4Q 22
1Q 23
2Q 23
3Q 23
Returns YTD (%)
2023 Guidance
ROTE: 16.5% to 17.5%
17.4%
17.3%
16.6%
-O 17.5%
16.8% O
2.18%
2.09%
2.16%
2.05% O
2.12%
9M 22
FY 22
―0-ROTE
1Q 23
1H 23
--ROTA
9M 23
1 NSCI includes FV unwind of SAR 351mn (9M 22: SAR 774mn) | 2 Operating expenses exclude amortization of intangibles of SAR 615mn
(9M 22: SAR 640mn) | 3 Other include amortization of intangibles, other non-operating expenses (incl. hyperinflationary adjustment),
zakat, and non-controlling interest
21View entire presentation