Saudi National Bank 2Q 2024 Earnings Presentation

Saudi National Bank reported 1H 2024 net income of SAR 10.3 billion with a 16.3% return on tangible equity. The bank achieved 6% financing growth to SAR 637 billion while maintaining stable net stable interest income margins and a domestic cost-to-income ratio of 25.2%. Strategic priorities include deepening operational efficiency through automation and digitization, expanding digital capabilities across retail and wholesale platforms, and strengthening customer satisfaction and employee engagement.