REG - Bank of Bahrain& Ku. - 3rd Quarter Results

About this update from Bank Of Bahrain And Kuwait B.s.c.

RNS Number : 5446F Bank of Bahrain & Kuwait (B.S.C.) 30 October 2025 For Immediate release BBK discloses its financial results for the period ended 30th September 2025BBK (trading code BBK) announces its financial results for the period ended 30th September 2025, including the third quarter of 2025.For the third quarter of 2025:The Bank achieved a net profit attributable to the owners of the Bank of BD 17.9 million compared to BD 16.5 million in the same period last year, a growth of 8.5%. The basic and diluted earnings per share amounted to 10 fils compared to 9 fils achieved during the corresponding period last year, reflecting a growth of 8.7%.The total comprehensive income attributable to the owners of the Bank grew to BD 44.5 million during the current period compared to BD 20.7 million during the third quarter of last year, representing an increase of 115.0%. The increase is mainly due to the positive movement in the valuation of investment securities and higher profits.The increase in net profit was mainly attributable to the growth in net fees and commission income by 6.1% from BD 4.9 million to BD 5.2 million, while net provisions declined by 72.6% at BD 2.0 million compared to BD 7.3 million for the same period of last year. In addition, the Bank share from associates and joint ventures recorded a profit of BD 0.3 million compared to a loss of BD 0.1 million during the third quarter of 2024.. On the other hand, investment and other income decreased by 25.4% from BD 5.9 million to BD 4.4 million, whilst net interest income recorded lower by 3.9% at BD 29.5 million compared to BD 30.7 million. Total operating expenses increased by 9.7% from BD 17.6 million to BD 19.3 million, mainly due to the implementation of strategic initiatives and investments in human capital.For the nine months ended 30th September 2025:The Bank achieved a net profit attributable to the owners of the Bank of BD 56.5 million compared to BD 53.0 million in the same period last year, recording a growth of 6.6%. The basic and diluted earnings per share increased by 6.8% at 31 fils for the current period compared to 29 fils during the same period of last year. The total comprehensive income attributable to the owners of the Bank for the nine months period ended 30th September 2025 grew by 32.9% at BD 76.7 million compared to BD 57.7 million during the corresponding period of las...

View stock analysis, news, and events for Bank Of Bahrain And Kuwait B.s.c.