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	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	485.54	458.52	396.77	283.71	223.19	223.06
Interest Paid on Deposits	275.72	258.09	224.29	116.49	65.68	84.18
Net Interest Income	209.82	200.43	172.48	167.22	157.51	138.89
Net Interest Income Growth (YoY)	8.93%	16.21%	3.14%	6.17%	13.41%	16.27%
Gain (Loss) on Sale of Assets	0.33	-0.96	-	1.17	0.48	-
Gain (Loss) on Sale of Investments	2.34	2.26	2.26	-2.42	2.69	1.03
Gain (Loss) on Sale of Equity Investments	-0.14	0.03	0.51	0.71	0.4	0.27
Other Non-Interest Income	51.08	46.75	41.18	32.5	26.14	26.12
Total Non-Interest Income	53.61	48.08	43.94	31.96	29.7	27.42
Non-Interest Income Growth (YoY)	29.15%	9.41%	37.51%	7.61%	8.30%	4.03%
Revenues Before Loan Losses	263.43	248.51	216.42	199.18	187.2	166.31
Provision for Loan Losses	15.51	19.27	31.73	43.61	50.75	59.02
Revenue	247.91	229.24	184.69	155.57	136.45	107.29
Revenue Growth (YoY)	16.21%	24.12%	18.72%	14.01%	27.18%	-15.59%
Salaries and Employee Benefits	72.24	71.65	63.66	60.26	52.45	45.23
Occupancy Expenses	18.62	16.86	14.34	12.37	9.57	9.16
Selling, General & Administrative	41.19	38.2	33.16	28.75	25.8	20.46
Total Non-Interest Expense	132.05	126.71	111.16	101.38	87.82	74.85
EBT Excluding Unusual Items	115.87	102.53	73.53	54.2	48.64	32.45
Asset Writedown	-2.33	-2.33	1.61	2.18	0.58	-1.55
Other Unusual Items	-	-	-	-	-	2.73
Pretax Income	113.54	100.2	75.14	56.38	49.21	33.62
Income Tax Expense	11.97	3.42	-3.08	2.11	1.26	0.07
Earnings From Continuing Operations	101.58	96.78	78.22	54.27	47.96	33.55
Minority Interest in Earnings	-0.6	0.02	2.22	3.51	0.54	0.87
Net Income	100.98	96.8	80.44	57.79	48.49	34.42
Preferred Dividends & Other Adjustments	6.06	6.05	6.08	6.07	5.35	5.19
Net Income to Common	94.92	90.75	74.36	51.72	43.15	29.24
Net Income Growth	8.74%	20.34%	39.20%	19.16%	40.88%	-45.06%
Basic Shares Outstanding	4,410	4,410	4,410	4,310	4,122	3,938
Diluted Shares Outstanding	4,410	4,410	4,410	4,310	4,122	3,938
Shares Change (YoY)	-0.00%	-0.00%	2.34%	4.56%	4.65%	2.16%
EPS (Basic)	0.02	0.02	0.02	0.01	0.01	0.01
EPS (Diluted)	0.02	0.02	0.02	0.01	0.01	0.01
EPS Growth	9.34%	22.05%	40.50%	14.64%	41.04%	-50.26%
Dividend Per Share	0.009	0.009	0.007	0.005	0.004	-
Dividend Growth	31.94%	31.94%	41.18%	27.50%	-	-
Effective Tax Rate	10.54%	3.41%	-	3.74%	2.55%	0.22%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.