Commercial Bank (q.s.c.) · QSE:CBQK
Commercial Bank (q.s.c.) — The Commercial Bank (P.S.Q.C.) — Q1 2026 Earnings Presentation
23 slides from Commercial Bank (q.s.c.)'s earnings presentation, Mar 31, 2026
Slide 1: The Commercial Bank Financial Results – Three Months Ended 31 March 2026
The Commercial Bank (P.S.Q.C.) Financial Results For the three months ended 31 March 2026
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation and subsequent discussion may contain certain forward-looking statements with respect to certain plans and current goals and expectations of Commercial Bank and its associated companies relating to their future financial condition and performance. These f
Slide 3: Table of Contents
Table of Contents 01 STRATEGY RECAP AND PROGRESS UPDATE 02 CONSOLIDATED FINANCIAL HIGHLIGHTS 03 SUSTAINABILITY 3
Slide 4: Strategy Recap: Turning our strong foundations into sustainable growth
Strategy Recap: Turning our strong foundations into sustainable growth VISION To be Qatar’s banking partner of choice, creating long term value for our customers, our people and our shareholders RETAIL WHOLESALE Work out Expat Protect Core Deepen Higher-return Transaction Capital Light, Qatari Growt
Slide 5: Progressing Our AI Journey to Create Value Across the Bank
Progressing Our AI Journey to Create Value Across the Bank WHAT WE HAVE DELIVERED SO FAR Customer Retention Credit Card Spend and CB Internal Generative AI program Activation Predictor AI Assistant Early Churn Detection: Early Inactivity Identification: Secure Proprietary Platform: Advanced ML model
Slide 6: Consolidated Targets
Consolidated Targets FY 2025 Actual Q1 2026 Actual FY 2026 Target End 2030 Target Return on Equity 8.3%(3) >8.2%(3) >11.0%(3) 9.2% (ROE)(1) 9.0% (Before Pillar Two) >9.2% (Before Pillar Two) >12.0% (Before Pillar Two) Cost to Income <27.0% 29.5% 32.3% <30.0% Positive Jaws from 2027 (Consol) Profitab
Slide 7: Table of Contents
Table of Contents 01 STRATEGY RECAP AND PROGRESS UPDATE 02 CONSOLIDATED FINANCIAL HIGHLIGHTS 03 SUSTAINABILITY 7
Slide 8: Q1 2026 Financial Summary
Q1 2026 Financial Summary Profitability (Reported), QAR million Q1 2026 Q1 2025 % Profitability Consolidated Balance Sheet Operating Income 1,217 1,131 8% • Net Profit after Pillar Two Tax of QAR 501.4 million Operating Expense (393) (351) (12%) • Net Profit before impact of Pillar Two Taxes of QAR
Slide 9: Key Financial Highlights
Key Financial Highlights Reported Excluding LTIS (1) QAR million Variance Variance Q1 2026 Q1 2025 Q1 2026 v Q1 2026 Q1 2025 Q1 2026 v Q1 2025 (%) Q1 2025 (%) Net Operating Income 1,217 1,131 7.6% 1,229 1,145 7.3% Operating Expenses (393) (351) (12.1%) (385) (353) (8.8%) Operating Profit 824 781 5.5
Slide 10: Earnings Performance: Quarter Ended 31 March 2026
Earnings Performance: Quarter Ended 31 March 2026 Profitability Net Interest Margin (NIM) Non-Interest Income ◆ Net interest income for Q1 2026 was QAR 880.4 million, up (QAR million) by 12.6% YoY. 2.8% 2.7% 1,622 ◆ Net interest margin (NIM) is at 2.2% for the quarter 2.4% ended 31 March 2026, stabl
Slide 11: Loans and Advances
Loans and Advances Movement Movement QAR million 31 Mar 2026 31 Mar 2025 31 Mar 26 vs 31 Mar 25 31 Mar 26 vs 31 Mar 25 (%) Corporate & International (Note 1) 78,360 76,429 1,931 2.5% Retail 12,043 11,983 60 0.5% Alternatif Bank 6,659 4,995 1,664 33.3% Net Loans and Advances excluding Acceptances 97,
Slide 12: Group Loan Book Analysis
Group Loan Book Analysis Summary CB Loan Book Split – 31 March 2026 ◆ Loans and Advances to Customers of QAR 105.5 billion, up by 11.2% from 31 Alternatif Bank March 2025. This includes acceptances of QAR 8.4 billion. 6.3% Retail Acceptances (refer to page 10 for details) 11.4% 8.0% ◆ Loans and Adva
Slide 13: Retail Portfolio and Performance on the Rise, Delivering Strong Growth
Retail Portfolio and Performance on the Rise, Delivering Strong Growth Summary Retail Book Breakdown by Division – March 2026 (QAR million) Portfolio ◆ The Retail portfolio(2) grew by 0.5% to QAR 12.0 billion, as compared to 31 Mortgage loans March 2025. 32% Personal loans ◆ The Retail loan book rep
Slide 14: Asset Quality: 31 March 2026
Asset Quality: 31 March 2026 Summary Loan Coverage Ratio ◆ Net impairment charge for loans increased to QAR 234.1 million vs QAR 78.0 million in Q1 2025. The net impairment charge for Q1 2026 is made up of: ◆ Corporate charge of QAR 182.7 million ◆ Retail charge of QAR 43.4 million 34.5% 34.7% ◆ Alt
Slide 15: Funding: Continue to Build Up Diverse Sources of Funding
Funding: Continue to Build Up Diverse Sources of Funding Summary Total Funding Mix – 31 March 2026 ◆ Customers’ deposits at QAR 85.0 billion, up by 11.3% vs 31 March 2025 Customers' Deposits representing 44.6% of the balance sheet. 7.3% Total Equity 15.0% ◆ Bank’s capital markets i.e., debts securit
Slide 16: Deposit Portfolio
Deposit Portfolio Summary CB Customer Deposits (QAR million) Current & Call Deposits Savings Deposits Time Deposits ◆ Diversified deposit mix with Government and Semi-Government at 27%, corporate at 32% and individuals at 29%. 83,167 76,541 77,007 89,445 76,384 85,000 ◆ Current and Savings accounts
Slide 17: Investment Portfolio: High Asset Quality with 82.2% in HQLA
Investment Portfolio: High Asset Quality with 82.2% of the Portfolio Invested in HQLA Government Bonds Summary Investment Portfolio – 31 Mar 26 vs 31 Mar 25 ◆ Investment portfolio of QAR 40.7 billion as at 31 March 2026, compared to QAR 34.7 billion as at 31 March 2025. Other debt sec Other debt sec
Slide 18: Capital Overview: 31 March 2026
Capital Overview: 31 March 2026 Summary Total Equity (QAR million) Equity AT1 Reserves ◆ Total equity at QAR 26.1 billion, up by 1.8% from 31 March 2025. 27,013 26,055 26,354 25,583 24,171 24,406 ◆ Strong capital position, with Capital Adequacy Ratio at 18.4%, increased from 17.1% at 31 March 2025.
Slide 19: Commercial Bank Financial Performance – Quarter Ended March 2026 (CB Domestic)
Commercial Bank Financial Performance – Quarter Ended 31 March 2026 (CB Domestic) Profitability Balance Sheet Reported Excluding LTIS QAR million Mar-26 Mar-25 Var % QAR million Q1 2026 Q1 2025 % Q1 2026 Q1 2025 % Total assets 181,646 162,548 12% Net interest income 729 723 1% 729 723 1% Loans and a
Slide 20: Alternatifbank Results – Quarter Ended March 2026
Alternatifbank Results – Quarter Ended 31 March 2026 Balance Sheet Profitability TL million Mar-26 Mar-25 % TL million Q1 2026 Q1 2025 % Assets Operating Income 1,670 926 80% Cash and balances with central bank 16,393 16,767 (2%) Operating Expense (1,098) (809) (36%) Due from banks 8,780 4,401 100%
Slide 21: Table of Contents
Table of Contents 01 STRATEGY RECAP AND PROGRESS UPDATE 02 CONSOLIDATED FINANCIAL HIGHLIGHTS 03 SUSTAINABILITY 21
Slide 22: Commercial Bank's ESG Progress, Governance, and Integration
Commercial Bank’s ESG Progress, Governance, and Integration Issued inaugural CHF 225m Green We published our first Green Recognized by the Ministry Signatory to the UN Global MSCI ESG Rating: BBB Bond (3-year tenor, 1.7075% Bond Allocation and Impact of Environment and Climate Compact coupon), repre
Slide 23: Thank You
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