Riyad Bank (1010) investor relations material

Executive summary

• 9M 2026 net income rose 5% YoY to SAR 8.128bn; Q3 net income was SAR 2.866bn, up 7% YoY.

• Total assets reached SAR 545.3bn, up 5% YTD, driven by 13% investment growth and 3% loan growth; customer deposits declined 1%.

• Management emphasized selective, value-led growth, strong capital and liquidity, and execution of Strategy 2030.

Financial highlights

• 9M operating income increased 5% YoY to SAR 14.401bn; net special commission income rose 6% to SAR 10.243bn and fee and other income rose 3% to SAR 4.157bn.

• Q3 operating income was SAR 5.05bn versus SAR 4.69bn YoY; 9M EPS was SAR 1.92, up 4%.

• 9M operating expenses before impairment rose 1% YoY to SAR 4.130bn; cost-to-income improved to 28.7% from 29.7%.

• 9M net fee and commission income declined to SAR 2.21bn from SAR 2.68bn, while trading income rose to SAR 1.39bn from SAR 0.70bn.

Outlook and guidance

• FY 2026 guidance: net loans and NSCI growth in the mid-to-high single digits; cost-to-income below 30%, ROE above 15.75%, cost of credit risk 35–45bps and Tier 1 above 17.5%.

• Management expects Q4 momentum to continue but loan growth may be toward the lower end of guidance; Q4/Q1 NIM is expected to stabilize.

• Guidance rests on selective lending, asset mix and repricing, cost discipline, and proactive risk management; 2030 ROE aspiration remains in the high teens.