Gulf Bank K.S.C.P. (KWSE:GBK)
0.3450
+0.0010 (0.29%)
At close: Jun 10, 2026
Gulf Bank K.S.C.P. Income Statement
Financials in millions KWD. Fiscal year is January - December.
Millions KWD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Interest Income on Loans | 382.35 | 380.35 | 403.48 | 369.97 | 244.46 | 185.99 |
Interest Income on Investments | 1.67 | 1.67 | 1 | 1.01 | 0.8 | 0.68 |
Total Interest Income | 384.02 | 382.02 | 404.48 | 370.98 | 245.26 | 186.67 |
Interest Paid on Deposits | 236.14 | 234.33 | 247.23 | 219.53 | 102.27 | 53.68 |
Net Interest Income | 147.88 | 147.69 | 157.25 | 151.45 | 142.99 | 132.99 |
Net Interest Income Growth (YoY) | -3.87% | -6.08% | 3.83% | 5.91% | 7.52% | 6.11% |
Gain (Loss) on Sale of Investments | 0.02 | -0.01 | 0.06 | 0.1 | 0.04 | -0.11 |
Other Non-Interest Income | 42.14 | 41.19 | 42.08 | 38.81 | 38.07 | 37.07 |
Total Non-Interest Income | 42.16 | 41.19 | 42.14 | 38.92 | 38.11 | 36.96 |
Non-Interest Income Growth (YoY) | 2.21% | -2.27% | 8.28% | 2.12% | 3.12% | 11.82% |
Revenues Before Loan Losses | 190.04 | 188.88 | 199.39 | 190.36 | 181.1 | 169.95 |
Provision for Loan Losses | 40.03 | 39.3 | 43.56 | 28.59 | 29.87 | 47.49 |
| 150.01 | 149.58 | 155.83 | 161.77 | 151.23 | 122.46 | |
Revenue Growth (YoY) | -2.33% | -4.01% | -3.68% | 6.97% | 23.50% | 28.62% |
Salaries and Employee Benefits | 54.26 | 53.91 | 53.49 | 53.87 | 55.55 | 47.71 |
Occupancy Expenses | 8.9 | 8.74 | 8.12 | 7.17 | 6.83 | 6.82 |
Selling, General & Administrative | 2.93 | 2.96 | 3.02 | 3.28 | 2.91 | 2.81 |
Other Non-Interest Expense | 30.37 | 30.49 | 29.77 | 24.67 | 22.71 | 22.12 |
Total Non-Interest Expense | 97.02 | 96.66 | 95.03 | 89.74 | 88.65 | 79.9 |
EBT Excluding Unusual Items | 52.99 | 52.92 | 60.8 | 72.03 | 62.58 | 42.55 |
Asset Writedown | - | - | - | -0.07 | -0.13 | - |
Pretax Income | 52.99 | 52.92 | 60.8 | 71.96 | 62.45 | 42.55 |
Income Tax Expense | 0.54 | 0.54 | 0.62 | 0.75 | 0.65 | 0.45 |
Net Income | 52.45 | 52.38 | 60.17 | 71.21 | 61.8 | 42.11 |
Net Income to Common | 52.45 | 52.38 | 60.17 | 71.21 | 61.8 | 42.11 |
Net Income Growth | -7.41% | -12.95% | -15.50% | 15.22% | 46.78% | 46.20% |
Basic Shares Outstanding | 4,182 | 4,182 | 4,186 | 3,918 | 4,176 | 3,840 |
Diluted Shares Outstanding | 4,182 | 4,182 | 4,186 | 3,918 | 4,176 | 3,840 |
Shares Change (YoY) | -0.04% | -0.10% | 6.85% | -6.18% | 8.75% | 2.76% |
EPS (Basic) | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 |
EPS (Diluted) | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 |
EPS Growth | -7.38% | -12.86% | -20.92% | 22.80% | 34.98% | 42.27% |
Dividend Per Share | 0.009 | 0.009 | 0.009 | 0.010 | 0.008 | 0.005 |
Dividend Growth | -4.44% | -4.44% | -13.46% | 26.83% | 49.09% | 41.03% |
Effective Tax Rate | 1.02% | 1.02% | 1.03% | 1.04% | 1.04% | 1.05% |