3Q 2020 Investor Presentation
مصرف الراجحي
Net Income Trends
Resilient results despite unprecedented environment
Highlights
■ Net Income before Zakat decreased by (-4.5% YoY) caused by
higher operating expenses & provisions.
■ Yield income growth of (+1% YoY), and non-yield income growth
of (+15% YoY).
■ On a segmental basis, Retail Banking declined by (-12% YoY)
offset by growth in Treasury by (+37% YoY).
SAR (mn)
Net financing and investment income
Fee from banking services, net
Exchange Income, net
Other operating income, net
Fees and other income
Total operating income
Operating expenses
Al Rajhi Bank
9M 2020 9M 2019 YoY 3Q 2020 3Q 2019 YoY
12,275 12,168 +1% 4,196
1,796
4,164 +1%
1,531 +17% 649
536
+21%
574
580
-1%
197
208
-5%
283
202
2,653
Total operating expenses
Net income for the period before Zakat
Zakat
Net income for the period after Zakat
7,474
+40%
2,313 +15% 956
14,927 14,481 +3% 5,152
(4,978) (4,644) +7% (1,724)
(1,616) (1,107) +46% (465)
(6,594) (5,751) +15% (2,189)
8,333
8,730 -5% 2,963
(859)
(890) -3% (306)
7,841 -5% 2,658
110
73
+51%
818
+17%
4,981 +3%
(1,596) +8%
(332) +40%
(1,928) +14%
3,053
-3%
(314)
-3%
2,739
-3%
Impairment charge
Net Income Before Zakat Growth Drivers By Type (SARmn)
Net Income Before Zakat Growth Drivers By Segment (SARmn)
-4.5%
8,730
8,730
106
340
8,333
(335)
(634)
(508)
(703)
9M 19
Yield
Non-
Yield
Expenses
Impair-
ments
9M 20
Al Rajhi Bank
The Blue Chip Islamic Bank
31
-4.5%
213
8,333
727
9M 19
Retail
Corporate
Treasury
Rajhi Capital
9M 20
3Q 2020 Investor PresentationView entire presentation