Ahli Kuwait Bank Reports 54.19 Million KD Profit in First Nine Months - Sarmad
The Group announced growth in key financial indicators, achieving net profits attributable to shareholders of 54.19 million KD during the first nine months of 2026.
Translated by Qiyas from سرمد — Original source
The Kuwait Finance House announced its financial results for the first nine months of 2026, achieving growth in its key financial indicators, with net profit attributable to shareholders reaching KD 54.19 million, representing a 16.2% increase compared to the same period in 2025.
The group continued to strengthen its profitability, with earnings per share growing by 18% to 17.6 fils. This improvement was supported by effective cost management and enhanced operational efficiency, bringing the cost-to-income ratio to 43.47%.
Meanwhile, operating income rose by 7.51% to KD 177.50 million, while operating profit increased by 5.55% to KD 100.34 million.
The loan and advance portfolio recorded KD 5.03 billion, reflecting a 5% growth, while total customer deposits reached KD 4.30 billion. Total assets amounted to KD 7.52 billion, up by 6.4%.
Non-performing loans continued to decline to 1.19%, while the provision coverage ratio stood at 355%, reflecting the group’s robust risk management framework and conservative underwriting approach.
In parallel, the group maintained a strong capital position, with a capital adequacy ratio (CAR) of 17.25%, while shareholders’ equity increased by 6.6% to KD 700.27 million.
Chairman of the Board Talal Bahbahani emphasized that the continued growth in financial indicators and the record net profit are the result of the group’s strategic efficiency.
Chief Executive Officer Gilles Jean van der Toel stated that the results confirm the efficiency of our business model and our firm commitment to innovation, digital transformation, and sustainable investment.
