AL RAJHI BANKING AND INVESTMENT CORPORATION

Balance Sheet Al Rajhi Banking and Investment Corporation

Equities

1120

SA0007879113

Banks

Market Closed - Saudi Arabian S.E. Other stock markets 07:20:00 2026-02-12 am EST			5-day change	1st Jan Change
106.20 ^SAR	+0.19%		-0.75%	+8.92%

Feb. 13	Jefferies Lifts Al Rajhi Bank PT, Maintains Hold Rating	MT
Feb. 13	Al Rajhi Bank Kept at Hold as Jefferies Notes 'Encouraging' Outlook, Midterm Visibility Impact	MT

eb.IZrO7NR0QfFxdY04rbDE_-TmBwRauNpjIeR18nd67w4.duCmmZEbdpwgOPcA-sqhk7W-U1ML27BVFbsMmg04rmdxybaZkCsZ3DsMuQ

Published financial data: AL RAJHI BANKING AND INVESTMENT CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	21.44B	28.2B	38.74B	47.02B	55.85B
Interest Income, Total	21.44B	28.2B	38.74B	47.02B	55.85B
Interest On Deposits	1.05B	6.03B	17.47B	22.18B	26B
Interest Expense, Total	1.05B	6.03B	17.47B	22.18B	26B
Net Interest Income	20.39B	22.17B	21.27B	24.84B	29.85B
Gain (Loss) on Sale of Assets	47.51M	1.28M	9.85M	5.22M	8.87M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	-37.9M	-209M	32.05M	66.8M	-119M
Income (Loss) on Equity Invest. (Income Block)	32.03M	13.81M	87.87M	137M	118M
Total Other Non Interest Income	5.28B	6.6B	6.13B	7B	9.24B
Non Interest Income, Total	5.32B	6.4B	6.26B	7.21B	9.25B
Revenues Before Provison For Loan Losses	25.72B	28.58B	27.53B	32.06B	39.09B
Provision For Loan Losses	2.35B	2B	1.5B	2.12B	2.32B
Total Revenues	23.37B	26.57B	26.03B	29.94B	36.77B
Salaries And Other Employee Benefits	3.13B	3.4B	3.53B	3.76B	4.03B
Occupancy Expense	1.14B	1.29B	1.58B	1.98B	2.37B
Selling General & Admin Expenses, Total	2.65B	2.72B	2.39B	2.23B	2.73B
Non Interest Expense, Total	6.93B	7.41B	7.5B	7.97B	9.13B
EBT, Excl. Unusual Items	16.44B	19.16B	18.53B	21.97B	27.65B
Total Merger & Related Restructuring Charges	-	-1.39M	-	-	-
Asset Writedown	-	-39.02M	-	-	-
EBT, Incl. Unusual Items	16.44B	19.12B	18.53B	21.97B	27.65B
Income Tax Expense	1.7B	1.97B	1.91B	2.24B	2.82B
Earnings From Continuing Operations	14.75B	17.15B	16.62B	19.73B	24.82B
Net Income to Company	14.75B	17.15B	16.62B	19.73B	24.82B
Minority Interest	-	-	-	-8.98M	-32.76M
Net Income - (IS)	14.75B	17.15B	16.62B	19.72B	24.79B
Preferred Dividend and Other Adjustments	-	-	821M	1.04B	1.38B
Net Income to Common Incl Extra Items	14.75B	17.15B	15.8B	18.69B	23.41B
Net Income to Common Excl. Extra Items	14.75B	17.15B	15.8B	18.69B	23.41B
Per Share Items
Net EPS - Basic	3.69	4.29	3.95	4.67	5.85
Basic EPS - Continuing Operations	3.69	4.29	3.95	4.67	5.85
Basic Weighted Average Shares Outstanding	4B	4B	4B	4B	4B
Net EPS - Diluted	3.69	4.29	3.95	4.67	5.85
Diluted EPS - Continuing Operations	3.69	4.29	3.95	4.67	5.85
Diluted Weighted Average Shares Outstanding	4B	4B	4B	4B	4B
Normalized Basic EPS	2.57	2.99	2.9	3.43	4.31
Normalized Diluted EPS	2.57	2.99	2.9	3.43	4.31
Dividend Per Share	-	1.25	2.3	2.71	2.5
Payout Ratio	40.69	-	57.76	48.68	35.66
Supplemental Items
Effective Tax Rate - (Ratio)	10.33	10.31	10.3	10.18	10.21
Normalized Net Income	10.28B	11.98B	11.58B	13.72B	17.25B
Non-Cash Pension Expense	0	-3.77M	-6.63M	2.58M	189K
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-37.11M	-
Total Stock-Based Compensation	-	-	-	-37.11M	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	22.24B	25.19B	12.44B	24.1B	36.47B
Investment Securities, Total	77.25B	98.88B	131B	170B	168B
Trading Asset Securities, Total	7.18B	4.97B	4.43B	8.39B	9.85B
Total investments	84.43B	104B	135B	178B	178B
Gross Loans	465B	580B	608B	706B	765B
Allowance For Loan Losses	-9.2B	-8.03B	-8.73B	-8.51B	-8.68B
Other Adjustments to Gross Loans	-3.4B	-4.1B	-4.64B	-4.51B	-3.59B
Net Loans	453B	568B	594B	693B	753B
Gross Property Plant And Equipment	18.65B	20.27B	23.08B	24.16B	19.21B
Accumulated Depreciation	-7.98B	-8.93B	-10.23B	-10.27B	-8.52B
Net Property Plant And Equipment	10.67B	11.34B	12.85B	13.89B	10.68B
Goodwill	-	249M	249M	55.06M	59.59M
Other Intangibles, Total	-	966M	1.26B	1.38B	5.06B
Investment in Real Estate	1.41B	1.36B	1.36B	1.36B	1.35B
Accrued Interest Receivable	367M	505M	860M	850M	1.07B
Other Receivables	18.72B	14.13B	6.83B	11.98B	9.31B
Restricted Cash	28.8B	32.92B	35.01B	40.26B	39.5B
Other Current Assets, Total	801M	1.16B	2B	2.89B	3.74B
Other Real Estate Owned And Foreclosed	28.02M	28.02M	35.66M	372M	442M
Other Long-Term Assets, Total	3.37B	2.33B	5.82B	5.86B	5.29B
Total Assets	624B	762B	808B	974B	1,043B
Liabilities
Accounts Payable, Total	5.4B	5.06B	5.99B	7.43B	4.71B
Accrued Expenses, Total	2.27B	2.11B	2.81B	3.56B	4.67B
Interest Bearing Deposits	154B	80.83B	110B	186B	128B
Non-Interest Bearing Deposits	376B	555B	561B	615B	657B
Total Deposits	530B	636B	670B	802B	785B
Short-Term Borrowings	-	1.68B	794M	1.68B	2.28B
Current Portion of Long-Term Debt	-	-	-	360M	42.64B
Long-Term Debt	-	-	3.79B	8.09B	37.22B
Long-Term Leases	928M	723M	635M	485M	454M
Current Income Taxes Payable	3.42B	2.84B	2.76B	2.23B	2.78B
Other Current Liabilities - (Bank / Utility Template)	-	-	-	2.05B	1.55B
Unearned Revenue Non Current	29.77M	6.08M	1.89M	15.95M	33.06M
Pension & Other Post Retirement Benefits	1.2B	1.19B	1.15B	1.01B	1.06B
Other Non Current Liabilities	13.09B	12.78B	13.06B	22.66B	18.39B
Total Liabilities	556B	662B	701B	851B	900B
Common Stock, Total	25B	40B	40B	40B	40B
Retained Earnings	42B	44.15B	50.36B	59.79B	74.27B
Comprehensive Income and Other	309M	16.07B	16.4B	23.24B	28.49B
Total Common Equity	67.31B	100B	107B	123B	143B
Minority Interest	-	-	-	106M	150M
Total Equity	67.31B	100B	107B	123B	143B
Total Liabilities And Equity	624B	762B	808B	974B	1,043B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4B	4B	4B	4B	4B
ECS Total Common Shares Outstanding	4B	4B	4B	4B	4B
Book Value / Share	16.83	20.93	22.56	24.87	28.71
Tangible Book Value	67.31B	99.01B	105B	122B	138B
Tangible Book Value Per Share	16.83	20.63	22.19	24.51	27.43
Total Debt	928M	2.4B	5.22B	10.62B	82.6B
Deposits at Interest - Cash	16.48B	18.11B	5.68B	17.22B	28.94B
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.2B	1.19B	1.15B	1.01B	1.06B
Net Debt	-28.5B	-27.76B	-11.65B	-21.87B	36.28B
Equity Method Investments, Total	295M	821M	923M	1.03B	1.16B
Full Time Employees	15.08K	19.96K	20.88K	23.44K	24.71K
Number Of Offices	574	557	545	550	545

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	14.75B	17.15B	16.62B	19.72B	24.79B
Depreciation, Depletion & Amortization	1.14B	1.18B	1.41B	1.75B	1.24B
Amortization of Goodwill and Intangible Assets - (CF)	-	111M	172M	229M	-
Total Depreciation, Depletion & Amortization	1.14B	1.29B	1.58B	1.98B	1.24B
Amortization of Deferred Charges, Total	-	-	-	-	1.13B
(Gain) Loss On Sale of Asset - (CF)	-47.51M	-1.28M	-9.85M	-5.22M	-8.87M
(Gain) Loss on Sale of Investments - (CF)	37.9M	261M	-233M	-370M	719M
Total Asset Writedown	-	39.02M	-	-	-
Provision for Credit Losses	2.35B	2B	1.66B	2.12B	2.32B
(Income) Loss On Equity Investments - (CF)	-32.03M	-13.81M	-87.87M	-137M	-118M
Stock-Based Compensation (CF)	-	-	-	-37.11M	-
Change in Trading Asset Securities	-586M	-4.53M	-252M	-2.86B	328M
Change in Other Net Operating Assets (Collected)	-127B	-64.3B	336M	-22.1B	-65.37B
Other Operating Activities	-388M	-677M	-361M	-858M	301M
Cash from Operations	-109B	-44.25B	19.25B	-2.55B	-34.67B
Capital Expenditure	-2.28B	-2.2B	-3.15B	-2.98B	-3.52B
Sale of Property, Plant, and Equipment	887M	124M	441M	341M	1.15B
Cash Acquisitions	-	-539M	-	-	-
Purchase / Sale of Intangible Assets	-	-426M	-468M	-528M	-
Sale (Purchase) of Real Estate Properties (Collected)	-107M	-179M	-69.01M	-61.76M	-12.3M
Investment in Marketable and Equity Securities, Total	-23B	-18.53B	-31.29B	-38.91B	485M
Other Investing Activities, Total	-3.16M	63.16M	235M	402M	333M
Cash from Investing	-24.5B	-21.69B	-34.3B	-41.74B	-1.56B
Long-Term Debt Issued, Total	-	-	3.79B	4.66B	42.41B
Total Debt Issued	-	-	3.79B	4.66B	42.41B
Long-Term Debt Repaid, Total	-37.36M	-267M	-255M	-261M	-243M
Total Debt Repaid	-37.36M	-267M	-255M	-261M	-243M
Issuance of Common Stock	-	16.5B	-	7.05B	4.35B
Common Dividends Paid	-6B	-	-9.6B	-9.6B	-8.84B
Common & Preferred Stock Dividends Paid	-6B	-	-9.6B	-9.6B	-8.84B
Net Increase (Decrease) in Deposit Accounts - (CF)	129B	52.85B	8.18B	55.14B	12.3B
Other Financing Activities, Total	-	-197M	-821M	-1.04B	-1.38B
Cash from Financing	123B	68.89B	1.29B	55.96B	48.6B
Net Change in Cash	-10.59B	2.95B	-13.76B	11.66B	12.36B
Supplemental Items
Net Debt Issued / Repaid	-37.36M	-267M	3.53B	4.4B	42.17B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.7	2.47	2.12	2.21	2.46
Return On Equity %	23.51	20.48	16.06	17.17	18.66
Return on Common Equity	23.51	20.48	15.27	16.26	17.62
Shareholders Value Added	7.22B	7.21B	4.37B	6.16B	8.84B
Margin Analysis
SG&A Margin	29.64	27.89	28.81	26.62	24.82
Net Interest Income / Total Revenues %	87.25	83.44	81.72	82.98	81.16
EBT Excl. Non-Recurring Items Margin %	70.36	72.11	71.19	73.38	75.18
Income From Continuing Operations Margin %	63.1	64.54	63.86	65.91	67.51
Net Income Margin %	63.1	64.54	63.86	65.88	67.42
Net Avail. For Common Margin %	63.1	64.54	60.71	62.42	63.67
Normalized Net Income Margin	43.98	45.07	44.49	45.83	46.9
Asset quality
Nonperforming Loans / Total Loans %	0.65	0.53	0.71	0.76	0.74
Nonperforming Loans / Total Assets %	0.48	0.4	0.53	0.55	0.55
Nonperforming Assets / Total Assets %	0.49	0.41	0.54	0.59	0.59
NPAs / Loans and OREO	0.65	0.54	0.71	0.81	0.8
NPAs / Equity	4.51	3.11	4.06	4.63	4.29
Allowance for Credit Losses / Net Charge-offs %	1.23K	256.01	598.04	360.73	396.76
Allowance for Credit Losses / Nonperforming Loans %	305.58	260.24	203.03	159.44	152.49
Allowance for Credit Losses / Total Loans %	1.98	1.38	1.44	1.2	1.13
Provision for Loan Losses / Net Charge-offs %	313.17	63.82	103.09	89.78	106.03
Capital And Funding
Total Average Common Equity / Total Average Assets %	11.48	12.09	13.19	12.89	13.19
Total Average Equity / Total Average Assets %	11.48	12.09	13.19	12.9	13.2
Total Equity + Allowance for Loan Losses / Total Loans %	16.44	18.65	19.01	18.62	19.8
Gross Loans / Total Deposits %	87.81	91.3	90.64	88.12	97.51
Net Loans / Total Deposits %	85.44	89.39	88.64	86.5	95.95
Tier 1 Capital Ratio %	16.49	20.27	20.4	19.29	20.49
Total Capital Ratio %	17.62	21.41	21.52	20.21	21.85
Core Tier 1 Capital Ratio	-	-	-	-	-
Tier 2 Capital Ratio	1.13	1.14	1.12	0.92	1.37
Coverage Ratio	305.58	260.24	203.03	159.44	152.49
Interbank Ratio	145.19	36.22	9.78	11.26	22.97
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	16.67	4.17	2.06	1.99	2.06
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	20.57	8.73	-4.08	16.8	20.14
Non Interest Income, 1 Yr. Growth %	39.81	20.24	-2.19	15.17	28.23
Provision For Loan Losses, 1 Yr. Growth %	8.28	-14.66	-24.84	40.72	9.62
Total Revenues, 1 Yr. Growth %	25.95	13.7	-2.06	15.03	22.83
Earnings From Cont. Operations, 1 Yr. Growth %	39.17	16.31	-3.09	18.71	25.81
Net Income, 1 Yr. Growth %	39.17	16.31	-3.09	18.66	25.7
Normalized Net Income, 1 Yr. Growth %	39.2	16.53	-3.31	18.48	25.69
Diluted EPS Before Extra, 1 Yr. Growth %	39.17	16.31	-6.81	18.26	25.3
Dividend Per Share, 1 Yr. Growth %	-	-	84	17.83	-7.75
Gross Loans, 1 Yr. Growth %	42.59	24.71	4.58	16.27	8.3
Allowance For Loan Losses, 1 Yr. Growth %	23.11	-12.73	2.31	-2.53	2.09
Net Loans, 1 Yr. Growth %	43.43	25.51	4.55	16.7	8.56
Non Performing Loans, 1 Yr. Growth %	23.11	2.48	19.86	24.12	6.74
Non Performing Assets, 1 Yr. Growth %	20.63	2.46	19.91	31.68	7.53
Total Assets, 1 Yr. Growth %	33.03	22.24	6.1	20.58	7.28
Total Deposits, 1 Yr Growth %	34.73	19.95	5.44	19.59	1.54
Tangible Book Value, 1 Yr. Growth %	15.81	48.3	6.3	15.53	15.44
Common Equity, 1 Yr. Growth %	15.81	48.96	6.52	15.24	16.04
Total Equity, 1 Yr. Growth %	15.81	48.96	6.52	15.34	16.06
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	11.41	14.5	2.13	5.85	18.46
Non Interest Income, 2 Yr. CAGR %	31.98	29.66	8.45	6.14	21.52
Provision For Loan Losses, 2 Yr. CAGR %	15.03	-3.87	-19.91	2.84	24.21
Total Revenues, 2 Yr. CAGR %	14.87	19.67	5.53	6.14	18.86
Earnings From Cont. Operations, 2 Yr. CAGR %	20.48	27.23	6.17	7.26	22.21
Net Income, 2 Yr. CAGR %	20.48	27.23	6.17	7.23	22.13
Normalized Net Income, 2 Yr. CAGR %	20.5	27.36	6.15	7.03	22.03
Diluted EPS Before Extra, 2 Yr. CAGR %	20.48	27.23	3.51	4.98	21.73
Dividend Per Share, 2 Yr. CAGR %	-	41.42	-	47.24	4.26
Gross Loans, 2 Yr. CAGR %	33.69	33.35	14.25	10.27	12.21
Allowance For Loan Losses, 2 Yr. CAGR %	14.47	3.66	-2.6	-0.14	-0.25
Net Loans, 2 Yr. CAGR %	34.67	34.17	14.55	10.46	12.55
Non Performing Loans, 2 Yr. CAGR %	13.98	12.32	19.49	21.97	15.1
Non Performing Assets, 2 Yr. CAGR %	13.05	11.17	19.43	25.66	18.99
Total Assets, 2 Yr. CAGR %	27.43	27.52	13.83	13.11	13.62
Total Deposits, 2 Yr CAGR %	29.79	27.13	12.46	12.29	8.18
Tangible Book Value, 2 Yr. CAGR %	14.67	30.52	25.56	10.82	14.36
Common Equity, 2 Yr. CAGR %	14.67	31.32	25.97	10.8	15.64
Total Equity, 2 Yr. CAGR %	14.67	31.32	25.97	10.84	15.7
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	12.07	10.51	7.94	6.8	10.41
Non Interest Income, 3 Yr. CAGR %	23.41	27.95	18.03	10.64	13.04
Provision For Loan Losses, 3 Yr. CAGR %	15.27	4.13	-11.44	-3.36	5.06
Total Revenues, 3 Yr. CAGR %	13.97	14.48	11.94	8.6	11.44
Earnings From Cont. Operations, 3 Yr. CAGR %	57.59	19.07	16.19	10.19	13.12
Net Income, 3 Yr. CAGR %	57.59	19.07	16.19	10.18	13.07
Normalized Net Income, 3 Yr. CAGR %	17.5	19.16	16.19	10.11	12.92
Diluted EPS Before Extra, 3 Yr. CAGR %	57.59	19.07	14.25	8.21	11.36
Dividend Per Share, 3 Yr. CAGR %	-	-12.64	54.39	-	25.99
Gross Loans, 3 Yr. CAGR %	23.99	30.63	23.01	14.92	9.61
Allowance For Loan Losses, 3 Yr. CAGR %	5.5	4.57	5.31	-2.58	0.6
Net Loans, 3 Yr. CAGR %	25.02	31.54	23.47	15.26	9.82
Non Performing Loans, 3 Yr. CAGR %	9.54	10.01	20.69	21.01	16.67
Non Performing Assets, 3 Yr. CAGR %	8.75	9.4	19.83	23.38	19.3
Total Assets, 3 Yr. CAGR %	19.66	25.67	19.9	16.04	11.06
Total Deposits, 3 Yr CAGR %	20.73	26.43	19.44	14.79	7.26
Tangible Book Value, 3 Yr. CAGR %	11.69	24.59	21.89	22.12	11.61
Common Equity, 3 Yr. CAGR %	11.69	25.1	22.47	22.29	12.52
Total Equity, 3 Yr. CAGR %	11.69	25.1	22.47	22.32	12.55
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	12.69	13.01	7.98	8.62	12.03
Non Interest Income, 5 Yr. CAGR %	5.61	10.56	17.2	18.73	19.42
Provision For Loan Losses, 5 Yr. CAGR %	1.83	5.28	-0.35	3.62	1.39
Total Revenues, 5 Yr. CAGR %	12.22	13.1	10.51	11.07	14.66
Earnings From Cont. Operations, 5 Yr. CAGR %	12.66	13.46	34.56	14.2	18.56
Net Income, 5 Yr. CAGR %	12.66	13.46	34.56	14.19	18.53
Normalized Net Income, 5 Yr. CAGR %	15.14	16.01	12.82	14.15	18.49
Diluted EPS Before Extra, 5 Yr. CAGR %	12.66	13.46	33.2	12.96	17.19
Dividend Per Share, 5 Yr. CAGR %	-	-5.11	5.9	7.64	31.95
Gross Loans, 5 Yr. CAGR %	14.55	18.93	20	22.09	18.57
Allowance For Loan Losses, 5 Yr. CAGR %	6.76	7.64	2.18	3.91	3.05
Net Loans, 5 Yr. CAGR %	15.01	19.47	20.72	22.66	18.98
Non Performing Loans, 5 Yr. CAGR %	0.97	11.75	13.42	18.15	18.42
Non Performing Assets, 5 Yr. CAGR %	0.15	10.18	12.9	19.14	19.49
Total Assets, 5 Yr. CAGR %	12.92	17.31	17.29	20.46	17.35
Total Deposits, 5 Yr CAGR %	13.49	17.94	17.35	20.57	14.8
Tangible Book Value, 5 Yr. CAGR %	5.32	12.17	16.85	18.89	18.82
Common Equity, 5 Yr. CAGR %	5.32	12.45	17.19	19.17	19.69
Total Equity, 5 Yr. CAGR %	5.32	12.45	17.19	19.19	19.72