The Saudi Investment Bank (1030) investor relations material

Executive summary

• Sustained growth momentum in 1Q 2026 with 3% YTD loan growth and 12% YTD deposit growth, reflecting solid balance sheet expansion and high credit quality.

• Net income for Q1 2026 reached SAR 519.6 million, up 3.2% year-over-year from SAR 503.3 million, with cost discipline driving a 210 bps YoY improvement in cost-to-income ratio to 39.1%.

• Recognized for excellence and innovation, receiving multiple industry awards and inclusion in Forbes' top 100 Middle East companies.

• Comprehensive income declined to SAR 407.3 million from SAR 628.5 million due to negative other comprehensive income.

Financial highlights

• Loans reached SAR 115.6 billion (+3% YTD); deposits at SAR 122.9 billion (+12% YTD), mainly from retail and public institutions.

• Net interest margin contracted 22 bps YoY to 2.23% due to lower asset yields and deposit mix shift.

• Total assets grew to SAR 180.3 billion as of March 31, 2026, up from SAR 164.2 billion a year earlier.

• Net special commission income rose to SAR 905.1 million from SAR 890.6 million year-over-year.

• Basic and diluted EPS was SAR 0.40, compared to SAR 0.39 in Q1 2025.

Outlook and guidance

• FY 2026 guidance unchanged: mid to high single-digit loan growth, NIM of 2.10%-2.25%, CIR below 40.5%, ROE above 12.75%, cost of risk 0.25%-0.35%, Tier 1 ratio above 18%.

• Management is closely monitoring the impact of Middle East geopolitical tensions on credit risk and macroeconomic assumptions.

• Stress-testing and scenario analysis indicate no material change in expected credit losses as of March 31, 2026.