The Saudi National Bank (TADAWUL:1180)

The Saudi National Bank Income Statement

Financials in millions SAR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	59,394	57,842	49,857	34,393	25,439	19,439
Interest Income on Investments	-14.46	-	-	-	-	-
Total Interest Income	59,379	57,842	49,857	34,393	25,439	19,439
Interest Paid on Deposits	31,286	30,112	22,848	8,106	3,231	2,754
Net Interest Income	28,093	27,730	27,009	26,287	22,208	16,685
Net Interest Income Growth (YoY)	0.68%	2.67%	2.75%	18.37%	33.10%	1.85%
Income From Trading Activities	117.08	-	-	-	-	-
Other Non-Interest Income	9,094	8,308	7,580	6,717	6,028	4,773
Total Non-Interest Income	9,211	8,308	7,580	6,717	6,028	4,773
Non-Interest Income Growth (YoY)	25.96%	9.60%	12.85%	11.43%	26.29%	13.86%
Revenues Before Loan Losses	37,304	36,038	34,589	33,005	28,236	21,458
Provision for Loan Losses	110.53	1,024	922.75	1,685	3,961	1,951
Revenue	37,194	35,014	33,667	31,319	24,275	19,507
Revenue Growth (YoY)	9.11%	4.00%	7.50%	29.02%	24.44%	1.84%
Salaries and Employee Benefits	4,530	4,487	4,520	4,119	4,018	3,425
Occupancy Expenses	1,701	1,788	1,459	1,435	1,108	900.52
Amortization of Goodwill & Intangibles	820.28	820.28	820.28	844.87	688.97	-
Selling, General & Administrative	4,068	3,942	3,558	3,386	3,747	2,101
Total Non-Interest Expense	11,421	11,400	10,894	10,042	9,821	6,504
EBT Excluding Unusual Items	25,773	23,615	22,773	21,277	14,454	13,003
Pretax Income	25,773	23,615	22,773	21,277	14,454	12,933
Income Tax Expense	2,792	2,521	2,664	2,548	1,670	1,373
Earnings From Continuing Operations	22,981	21,094	20,109	18,729	12,784	11,560
Minority Interest in Earnings	100.57	99.35	-98.86	-148.15	-115.96	-120.01
Net Income	23,082	21,193	20,010	18,581	12,668	11,440
Preferred Dividends & Other Adjustments	934.79	764.08	772.53	567.92	484.53	437.5
Net Income to Common	22,147	20,429	19,237	18,013	12,184	11,003
Net Income Growth	14.02%	5.91%	7.69%	46.67%	10.73%	0.34%
Basic Shares Outstanding	5,942	5,945	5,948	5,947	5,433	3,989
Diluted Shares Outstanding	5,951	5,953	5,956	5,956	5,442	3,995
Shares Change (YoY)	-1.31%	-0.05%	-0.01%	9.44%	36.24%	0.03%
EPS (Basic)	3.73	3.44	3.23	3.03	2.24	2.76
EPS (Diluted)	3.72	3.43	3.23	3.02	2.23	2.75
EPS Growth	13.79%	6.19%	6.95%	35.12%	-18.80%	0%
Dividend Per Share	2.000	1.900	1.750	1.275	1.163	0.600
Dividend Growth	-24.53%	8.57%	37.26%	9.68%	93.75%	-65.22%
Effective Tax Rate	10.83%	10.68%	11.70%	11.97%	11.55%	10.62%

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.