Riyad Bank — Earnings Release 2012

Oct 9, 2012

RIYAD BANK ANNOUNCED ITS INTERIM CONSOLIDATED FINANCIAL RESULTS FOR THE PERIOD ENDING 30/09/2012 (NINE MONTHS)

1010 · 09/10/2012 16:20:21 · Announcement #27208 · View on Saudi Exchange

RIYAD BANK ANNOUNCED ITS INTERIM CONSOLIDATED FINANCIAL RESULTS FOR THE PERIOD ENDING 30/09/2012 (NINE MONTHS)

Riyad Bank announced its interim consolidated financial results for the period ending 30/09/2012 as follows:

1. Net profits for the third quarter of 2012 reached SAR 840 million against SAR 794 million for the same quarter of the previous year, an increase of 5.8%, and against SAR 914 million for the previous quarter, a decrease of 8.1%.

2. Total operating income for the third quarter of 2012 reached SAR 1,687 million against SAR 1,573 million for the same quarter of the previous year, an increase of 7.2 %.

3. Net special commissions for the third quarter of 2012 reached SAR 1,117 million against SAR 1,064 million for the same quarter of previous year, an increase of 5.0 %.

4. Net profits for the nine months reached SAR 2,656 million against SAR 2,372 million for the same period of the previous year, an increase of 12.0 %.

5. Earnings per share for the nine months were recorded as SAR 1.77 against SAR 1.58 for the same period of the previous year.

6. Total operating income for the nine months reached SAR 5,185 million against SAR 4,669 million for the same period of the previous year, an increase of 11.1 %.

7. Net special commissions for the nine months reached SAR 3,281 million against SAR 3,114 million for the same period of previous year, an increase of 5.4 %

8. As of 30/09/2012, total Assets reached SAR 177,095 million against SAR 180,371 million for the same period of the previous year, a decrease of 1.8 %. Investments were SAR 34,095 million against SAR 35,316 million for the same period of the previous year, a decrease of 3.5%. Loans and Advances reached SAR 115,287 million against SAR 112,139 million for the same period of the previous year, an increase of 2.8 %. Customer Deposits reached SAR 134,928 million against SAR 132,335 million for the same period of previous year, an increase of 2.0%.

9. The increase in the Bank's profitability in comparison to the same period of 2011, is mainly attributed to the increase of total operating income.

10. The decrease in the Bank's profitability in third quarter comparing to the previous quarter, is mainly attributed to the decrease of total operating income.

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