Financials Al Rajhi Banking and Investment Corporation

Equities

Market Closed - Saudi Arabian S.E. Other stock markets 05:50:00 15/12/2025 pm IST			5-day change	1st Jan Change
97.60 ^SAR	-0.05%		+1.35%	+3.17%

14/12	Mideast stocks-Saudi bourse leads most Gulf stocks lower as oil prices fall	RE
11/12	JPMorgan Upgrades Al Rajhi Bank to Overweight, Raises PT	MT

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	20,721	25,716	28,575	27,531	32,055	38,130	43,050	47,976
Change	-	24.11%	11.12%	-3.65%	16.43%	18.95%	12.9%	11.44%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	13,979	18,790	21,124	20,033	24,085	29,232	33,172	38,146
Change	-	34.41%	12.42%	-5.16%	20.23%	21.37%	13.48%	14.99%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	11,814	16,445	19,123	18,529	21,968	27,488	30,053	33,936
Change	-	39.2%	16.28%	-3.11%	18.56%	25.13%	9.33%	12.92%
Net income ¹	10,596	14,746	17,151	16,621	19,722	23,946	26,628	30,144
Change	-	39.17%	16.31%	-3.09%	18.66%	21.42%	11.2%	13.2%
Announcement Date	03/02/21	13/02/22	30/01/23	01/02/24	29/01/25	-	-	-

¹SAR in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	5,793	5,948	6,336	6,578	6,855	6,957	7,148	7,206	7,264	6,781	6,827	6,873	7,051	7,229	7,637	8,439	8,750	9,200	9,603	9,882	9,740
Change	-	2.67%	6.53%	3.81%	4.21%	1.49%	2.75%	0.82%	0.8%	-6.65%	0.68%	0.67%	2.59%	2.52%	5.64%	10.5%	3.69%	5.14%	4.38%	2.91%	-1.43%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	4,030	4,296	4,606	4,824	5,064	5,188	5,328	5,345	5,263	4,980	4,988	5,012	5,053	5,335	5,681	6,369	6,700	7,112	7,460	7,666	-
Change	-	6.59%	7.23%	4.72%	4.98%	2.44%	2.7%	0.33%	-1.54%	-5.38%	0.15%	0.49%	0.82%	5.58%	6.49%	12.11%	5.2%	6.15%	4.89%	2.76%	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-	3,719	4,022	4,230	4,474	-	4,747	4,855	4,911	4,622	4,627	4,633	-	4,914	5,226	5,681	6,147	6,587	6,860	7,096	6,901
Change	-	-	8.15%	5.17%	5.78%	-	-	2.28%	1.14%	-5.88%	0.11%	0.13%	-	-	6.35%	8.71%	8.2%	7.16%	4.14%	3.44%	-2.75%
Net income ¹	3,122	3,335	3,605	3,794	4,012	4,134	4,258	4,355	4,405	4,145	4,150	4,155	4,171	4,405	4,698	5,103	5,516	5,906	6,151	6,360	5,756
Change	-	6.84%	8.08%	5.24%	5.76%	3.02%	3.02%	2.26%	1.15%	-5.89%	0.12%	0.12%	0.39%	5.61%	6.65%	8.62%	8.09%	7.07%	4.15%	3.4%	-9.49%
Announcement Date	03/02/21	28/04/21	01/08/21	28/10/21	13/02/22	10/05/22	04/08/22	27/10/22	30/01/23	28/04/23	24/07/23	26/10/23	01/02/24	29/04/24	04/08/24	27/10/24	29/01/25	22/04/25	21/07/25	20/10/25	-

¹SAR in Million

Estimates

¹SAR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	03/02/21	13/02/22	30/01/23	01/02/24	29/01/25	-	-	-

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024
CAPEX ¹	1,527	897.4	2,277	2,201	3,147	2,984
Change	-	-41.24%	153.71%	-3.31%	42.98%	-5.19%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	19/02/20	11/02/21	20/02/22	07/02/23	08/02/24	06/02/25

¹SAR in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	67.46%	73.07%	73.92%	72.77%	75.14%	76.66%	77.05%	79.51%
EBT Margin (%)	-	57.01%	63.95%	66.92%	67.3%	68.53%	72.09%	69.81%	70.73%
Net margin (%)	-	51.14%	57.34%	60.02%	60.37%	61.53%	62.8%	61.85%	62.83%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	2.48%	2.7%	2.46%	2.12%	2.21%	2.33%	2.35%	2.44%
ROE	-	19.39%	23.51%	22.68%	19.35%	17.17%	22.24%	22.21%	22.63%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	0.625	0.625	1.25	1.15	2.71	2.462	3.562	4.05
Change	-	-	0%	100%	-8%	135.65%	-9.17%	44.69%	13.7%
Book Value Per Share ¹	-	14.53	16.83	25.06	26.69	24.87	28.13	31.39	34.77
Change	-	-	15.82%	48.9%	6.52%	-6.82%	13.11%	11.57%	10.78%
EPS ¹	-	2.65	3.688	4.24	3.95	4.67	5.859	6.524	7.33
Change	-	-	39.15%	14.98%	-6.84%	18.23%	25.46%	11.35%	12.35%
Nbr of stocks (in thousands)	-	40,00,000	40,00,000	40,00,000	40,00,000	40,00,000	40,00,000	40,00,000	40,00,000
Announcement Date	-	03/02/21	13/02/22	30/01/23	01/02/24	29/01/25	-	-	-