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Riyad Bank — Earnings Release 2013
Jan 8, 2014
53250_rns_2014-01-08_81969056-d6ea-4c22-9e05-603a6183be0c.html
Earnings Release
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Riyad Bank announces the annual financial results for the period ending on 31-12-2013 (Twelve Months)
1010 · 08/01/2014 15:56:03 · Announcement #32794 · View on Saudi Exchange
Riyad Bank announces the annual financial results for the period ending on 31-12-2013 (Twelve Months)
| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) | 1,030 | 810 | 27.16 | 998 | 3.21 |
| Total profit (loss) operation income\ Investments | 1,795 | 1,670 | 7.49 | 1,739 | 3.22 |
| Net profit (loss) special commission income\ Investments | 1,227 | 1,101 | 11.44 | 1,215 | 0.99 |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) | 3,947 | 3,466 | 13.88 |
| Total profit (loss) operation income\ Investments | 7,074 | 6,786 | 4.24 |
| Net profit (loss) special commission income\ Investments | 4,697 | 4,381 | 7.21 |
| Earning or loss per share, Riyals | 2.63 | 2.31 | - |
| Total Assets | 205,246 | 190,181 | 7.92 |
| Investments | 43,538 | 36,254 | 20.09 |
| Loans and advances portfolio | 131,191 | 117,471 | 11.68 |
| Customer deposit | 153,200 | 146,215 | 4.78 |
| All figures are in (Millions) Saudi Arabia, Riyals |
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for quarter compared with same quarter last year | Increase in banks total operating income and the drop in total operating expenses |
| Reasons of increase (decrease) for period compared with same period last year | Increase in banks total operating income and the drop in total operating expenses |
| Reason of increase (decrease) for quarter compared with the previous quarter | Mainly due to the increase in total operating income |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.