Al Rajhi Bank announces the interim consolidated financial results ending on 30/09/2012 as follows:
1) Net profit during the third quarter reached SR 1,869 million compared with SR1,936 million for the corresponding quarter of previous year, representing a decrease of 3.5%, and against the net profit for the previous quarter of SR 2,093 million, representing a decrease of 10.7%.
2) Total operating income for the third quarter reached SR 3,639 million, compared with SR 3,192 million for the corresponding quarter of previous year, representing an increase of 14%.
3) Net profit from funding and investments during the third quarter reached SR 2,409 million, compared with SR 2,293 million for the same quarter of last year, representing an increase of 5.1%.
4) Net profit for the nine months reached SR 5,974 million, compared with SR 5,479 million for the same period last year, representing an increase of 9%.
5) Earnings per share for the nine months recorded SR 3.98 versus SR 3.65 for the same period last year.
6) Total operating income for the nine months reached SR 10,493 million, compared with SR 9,179 million for the same period last year, representing an increase of 14.3%.
7) The net profit of financing and investments during the nine months reached SR 7,080 million, compared with SR 6,799 million for the same period of last year, representing an increase of 4.1%.
8) Total assets as of 30/09/2012 reached SR 247 billion compared to SR 213 billion for the same period of previous year, representing an increase of 16%, and the amount of investments as of 30/09/2012 is SR 35 billion against SR 43 billion for the same period of the previous year, representing a decrease of 18.6%. The total amount of funding as of 30/09/2012 reached SR 166 billion compared to SR 135 billion for the same period of the previous year, representing an increase of 23%. Customer deposits as of 30/09/2012 reached SR 195 billion compared to SR 167 billion for the same period of the previous year, representing an increase of 16.8%.

9) The reason for the rise in net profits during the period of the nine months compared to the same period of last year is the increase of total operating income; moreover, the decrease of the net profit during the third quarter compared to previous quarter of the current year and compared to the third quarter of last year is the increase of the total operating expenses. Notice some of the above numbers have been reclassified.