The Saudi Investment Bank (1030) Q3 2025 earnings summary

Executive summary

• Net income for the nine months ended September 30, 2025, reached SAR 1,534.2 million, up 6% YoY, driven by top-line growth and lower risk cost.

• Loans expanded 11% YTD to SAR 110.6 billion, with deposits up 12% YTD to SAR 105.2 billion.

• ROE improved by 10 bps YoY to 12.7%, supported by profit growth.

• Total assets grew to SAR 174.9 billion as of September 30, 2025.

• Recognized for innovation, digital transformation, and product excellence.

Financial highlights

• Operating income for the nine-month period was SAR 3,166.1 million, up 2% YoY; operating expenses decreased 1% YoY to SAR 1,476.5 million, improving CIR to 40.8%.

• Fee and other income rose 13% YoY, mainly from FX and banking services.

• Net interest margin contracted by 45 bps YoY to 2.31% due to lower asset yields and deposit mix shift.

• Cost of risk decreased 8 bps YoY to 0.23%.

• Basic and diluted EPS remained stable at SAR 1.08 for the nine-month period.

Outlook and guidance

• FY 2025 guidance: loan growth >15%, NIM revised to 2.25%-2.30%, CIR <41.0%, ROE >13.25%, COR 0.30%-0.35%, Tier 1 ratio >18.0%.

• The Board approved interim cash dividends totaling SAR 997.8 million during the period.

• No significant events after the reporting date requiring disclosure or adjustment.

• Focus remains on delivering strong results across key performance indicators.