Revenues increased by 9.5% yoy (+0.8% qoq) to SAR7.21bn and were largely in-line with our estimates.
NIMs declined c56bps to 3.1% in Q3 22, in-line with our estimates.
Operating expenses (ex-provisioning) increased 6.1% yoy (+2.2% qoq) to SAR1.86bn and was in-line with our estimates.
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