The Saudi Investment Bank (1030) investor relations material

Executive summary

• Achieved resilient 1H 2026 results with net income reaching 1,050.7 million SAR, solid balance sheet growth, and strong asset quality despite margin pressure.

• Loans grew 5% YTD to 117.3bn, deposits up 11% YTD to 121.6bn, and net income increased 3% YoY.

• Total assets increased to 184.0 billion SAR as of June 30, 2026, compared to 167.8 billion SAR a year earlier.

• Strategy 2027 continues to drive transformation, with 43 initiatives completed and further digital, risk, and customer experience enhancements underway.

• The interim financial statements received an unqualified review from independent auditors.

Financial highlights

• Net income rose 3% YoY in 1H 2026, driven by higher fee and other income, and lower operating expenses.

• Net special commission income for H1 2026 was 1,803.98 million SAR, slightly up from 1,796.13 million SAR year-over-year.

• Cost to income ratio improved by 146 bps YoY to 39.5% on disciplined cost management.

• Fee and other income increased 11% YoY, mainly from investment gains, FX, and banking services.

• Basic and diluted EPS for H1 2026 was 0.70 SAR, up from 0.68 SAR in H1 2025.

Outlook and guidance

• FY 2026 guidance unchanged: loan growth mid to high single digit, NIM 2.10%-2.25%, CIR <40.5%, ROE >12.75%, COR 0.25%-0.35%, Tier 1 ratio >18.0%.

• The bank is preparing for IFRS 18 adoption in 2027, with ongoing assessments of presentation and disclosure impacts.

• Management continues to monitor the evolving geopolitical situation in the Middle East and its potential impact on credit risk and ECL.