Boubyan Bank K.S.C.P. (KWSE:BOUBYAN)

Boubyan Bank K.S.C.P. Income Statement

Financials in millions KWD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	491.37	458.52	396.77	283.71	223.19
Interest Paid on Deposits	281.76	258.09	224.29	116.49	65.68
Net Interest Income	209.62	200.43	172.48	167.22	157.51
Net Interest Income Growth (YoY)	4.58%	16.21%	3.14%	6.17%	13.41%
Gain (Loss) on Sale of Assets	1.29	-0.96	-	1.17	0.48
Gain (Loss) on Sale of Investments	2.31	2.26	2.26	-2.42	2.69
Gain (Loss) on Sale of Equity Investments	-0.05	0.03	0.51	0.71	0.4
Other Non-Interest Income	52.25	46.75	41.18	32.5	26.14
Total Non-Interest Income	55.8	48.08	43.94	31.96	29.7
Non-Interest Income Growth (YoY)	16.05%	9.41%	37.51%	7.61%	8.30%
Revenues Before Loan Losses	265.41	248.51	216.42	199.18	187.2
Provision for Loan Losses	14.93	19.27	31.73	43.61	50.75
Revenue	250.48	229.24	184.69	155.57	136.45
Revenue Growth (YoY)	9.27%	24.12%	18.72%	14.01%	27.18%
Salaries and Employee Benefits	71.49	71.65	63.66	60.26	52.45
Occupancy Expenses	19.22	16.86	14.34	12.37	9.57
Selling, General & Administrative	44.77	38.2	33.16	28.75	25.8
Total Non-Interest Expense	135.48	126.71	111.16	101.38	87.82
EBT Excluding Unusual Items	115.01	102.53	73.53	54.2	48.64
Asset Writedown	2.15	-2.33	1.61	2.18	0.58
Pretax Income	117.16	100.2	75.14	56.38	49.21
Income Tax Expense	16.25	3.42	-3.08	2.11	1.26
Earnings From Continuing Operations	100.91	96.78	78.22	54.27	47.96
Minority Interest in Earnings	-0.37	0.02	2.22	3.51	0.54
Net Income	100.54	96.8	80.44	57.79	48.49
Preferred Dividends & Other Adjustments	6.06	6.05	6.08	6.07	5.35
Net Income to Common	94.48	90.75	74.36	51.72	43.15
Net Income Growth	3.86%	20.34%	39.20%	19.16%	40.88%
Basic Shares Outstanding	4,410	4,410	4,410	4,310	4,122
Diluted Shares Outstanding	4,410	4,410	4,410	4,310	4,122
Shares Change (YoY)	-0.00%	-0.00%	2.34%	4.56%	4.65%
EPS (Basic)	0.02	0.02	0.02	0.01	0.01
EPS (Diluted)	0.02	0.02	0.02	0.01	0.01
EPS Growth	4.11%	22.05%	40.50%	14.64%	41.04%
Dividend Per Share	0.007	0.009	0.007	0.005	0.004
Dividend Growth	-26.32%	31.94%	41.18%	27.50%	-
Effective Tax Rate	13.87%	3.41%	-	3.74%	2.55%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.