3 Banks Announce Strong Results, Achieving Profits Exceeding 1 Billion Dinars in 9 Months
National, Kuwait Finance House, and Boubian achieve profit growth despite market fluctuations
Translated by Qiyas from القبس — Original source
As an indicator of the market’s ability to achieve profit growth despite fluctuations in trading activity and geopolitical conditions in the region, the positive financial results announced by Kuwaiti companies, led by banks, reflect the resilience of the national economy and the strong financial positions of companies listed on the Kuwait Stock Exchange. Three banks—National Bank, Kuwait Finance House, and Boubyan Bank—reported net profits attributable to shareholders exceeding KD 1.08 billion during the first nine months of 2026, with growth rates ranging between 3% and over 6%. Kuwait Finance House topped the results with profits of KD 523.3 million, up 6.2%, followed by the National Bank of Kuwait with profits of KD 481.6 million, a 3.1% increase, while Boubyan Bank achieved profits of KD 80.72 million, up 4%. These results confirm the continued ability of the Kuwaiti banking sector to generate profits and enhance its operational performance, reflecting the strength of a sector that constitutes one of the key pillars of the national economy and the financial market. These indicators also gain particular significance amid the declines the stock market has experienced in recent weeks, as the financial results show that short-term share price movements do not necessarily reflect the actual performance or financial strength of companies. Analysts believe that the continued growth of listed companies’ profits will provide fundamental support for the Kuwait Stock Exchange and bolster investor confidence in the investment opportunities the market offers, especially with the onset of the quarterly disclosure season and its indicators regarding companies’ performance in the coming period. Positive financial results remain one of the most important factors supporting market stability in the medium and long term, as profits from major banks confirm that the Kuwaiti market is underpinned by companies capable of generating sustainable returns and growth.
