Gulf Bank K.S.C.P. Balance Sheet

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

Millions KWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Cash & Equivalents	383.78	844.76	803.9	551.57	626.22
Investment Securities	845.75	482.62	726.62	619.86	621.78
Trading Asset Securities	2.13	-	-	-	-
Total Investments	847.88	482.62	726.62	619.86	621.78
Gross Loans	6,087	5,706	5,490	5,423	5,118
Allowance for Loan Losses	-228.79	-238.76	-293.81	-294.04	-281.78
Net Loans	5,859	5,467	5,197	5,129	4,837
Property, Plant & Equipment	40.75	40.95	39.48	38.66	34.39
Accrued Interest Receivable	36.96	30.9	33.02	25.99	16.16
Other Receivables	15.34	13.91	16.47	39.74	45.12
Restricted Cash	459.35	543.12	289.85	378.32	316.28
Other Real Estate Owned & Foreclosed	56.95	56.95	68.66	68.66	59.43
Total Assets	7,700	7,480	7,175	6,851	6,556
Accrued Expenses	31.64	31.55	28.73	30.36	26.61
Interest Bearing Deposits	4,499	4,373	4,015	4,115	4,056
Non-Interest Bearing Deposits	1,414	1,594	1,609	1,396	1,517
Total Deposits	5,913	5,967	5,624	5,511	5,573
Current Portion of Long-Term Debt	68.41	70.81	115	-	-
Accrued Interest Payable	56.22	56.6	59.52	32.06	11.9
Long-Term Debt	710.13	449.01	455.06	493.93	215
Long-Term Leases	3.93	4.12	3.39	4.18	2.83
Long-Term Unearned Revenue	7.77	11.47	8.9	4.12	3.86
Other Long-Term Liabilities	54.61	56.36	63.03	55.71	56.56
Total Liabilities	6,845	6,647	6,358	6,131	5,889
Common Stock	399.26	380.25	362.14	320.05	304.81
Additional Paid-In Capital	186.94	186.94	186.94	153.02	153.02
Retained Earnings	230.7	230.06	232.36	211.24	191
Treasury Stock	-2.38	-2.38	-	-	-18.16
Comprehensive Income & Other	39.84	38.74	35.37	35.71	35.81
Shareholders' Equity	854.37	833.6	816.8	720.02	666.49
Total Liabilities & Equity	7,700	7,480	7,175	6,851	6,556
Total Debt	782.47	523.95	573.45	498.11	217.83
Net Cash (Debt)	-94.23	456.28	411.44	184.68	533.03
Net Cash Growth	-	10.90%	122.78%	-65.35%	-24.03%
Net Cash Per Share	-0.02	0.11	0.11	0.05	0.15
Filing Date Shares Outstanding	3,983	3,983	3,993	3,705	3,660
Total Common Shares Outstanding	3,983	3,983	3,993	3,705	3,660
Book Value Per Share	0.21	0.21	0.20	0.19	0.18
Tangible Book Value	854.37	833.6	816.8	720.02	666.49
Tangible Book Value Per Share	0.21	0.21	0.20	0.19	0.18

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