SNG: National Bank of Bahrain reports $177.5mln net profit

About this update from National Bank Of Bahrain Bsc

First published: 12-Nov-2025 13:11:36Staff WriterBahrain - National Bank of Bahrain (NBB) has reported a 2 per cent increase in its net profit attributable to shareholders reaching BD19.4 million ($51.5m) for the third quarter ended September 30, 2025, compared to BD19.1m ($50.7m) in the same period of 2024.The profitability performance is mainly attributed to the group’s continued ability to sustain its non-interest income across its diversified product offerings and client base, complemented by a reduction in provisioning requirements.Earnings per share increased to 9 fils for the third quarter of 2025 compared with 8 fils in the same period of 2024.Total comprehensive income attributable to NBB shareholders for the quarter increased by 58pc to BD31.7m compared to BD20m in the same period 2024. The increase is attributable to the positive mark-to-market movements of the bond portfolio.NBB has reported a 2pc increase in its net profit attributable to the shareholders for the nine months ended September 30, 2025, recording BD66.9m ($177.5m) compared to BD65.7m ($174.3m) for the same period of 2024. The increase reflects the group’s diversified revenue streams including fee-based income which registered a 22pc growth, in addition to lower provisioning requirements.Earnings per share increased to 30 fils for the period compared with 29 fils in the same period of 2024.Total comprehensive income attributable to NBB shareholders for the nine month period decreased by 8pc to BD66m compared with BD71.4m in 2024. The decrease is attributable to the negative mark-to-market movements of the equity portfolio.The group’s total equity attributable to shareholders decreased by 3pc as of September 30, 2025 to BD568.7m compared to BD583.8m reported as of end-2024. The change primarily reflects the group’s strategic approach to delivering value to its shareholders following the approval and declaration of BD56.4m in year-end cash dividends for 2024, as well as the approval and declaration of interim dividends of BD22.6m in 2025, while sustaining a solid capital position.The group’s total assets increased by 7pc during the period to BD5,883.8m compared to BD5,522.2m recorded on December 31, 2024.On the occasion, NBB chairwoman Hala Yateem said: “NBB delivered an attributable net profit of BD66.9m for the nine months ended September 30, 2025, recording a 2pc increase compar...

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