KWSE:KFH Income Statement

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
Interest Income on Loans	3,251	2,886	2,194	1,322	871.48
Interest Paid on Deposits	1,971	1,739	1,228	521.82	285.78
Net Interest Income	1,279	1,147	965.93	800.5	585.7
Net Interest Income Growth (YoY)	11.53%	18.74%	20.66%	36.68%	-4.64%
Gain (Loss) on Sale of Assets	26.38	22.21	71.7	3.67	20.38
Gain (Loss) on Sale of Investments	78.09	134.7	100.4	7.45	15.39
Gain (Loss) on Sale of Equity Investments	4.86	35.42	30.43	7.05	-3.36
Other Non-Interest Income	444.77	352.87	292.41	253.61	192.9
Total Non-Interest Income	554.1	545.19	494.93	271.78	225.31
Non-Interest Income Growth (YoY)	1.64%	10.15%	82.11%	20.62%	24.22%
Revenues Before Loan Losses	1,833	1,692	1,461	1,072	811.01
Provision for Loan Losses	161.44	120	41.42	50.19	133.47
Revenue	1,672	1,572	1,419	1,022	677.55
Revenue Growth (YoY)	6.34%	10.76%	38.88%	50.85%	25.93%
Salaries and Employee Benefits	346.39	347.31	286.75	209.08	183.98
Occupancy Expenses	91.46	84.18	78.58	45.32	41.78
Selling, General & Administrative	187.96	169.81	151.43	95.68	83.28
Total Non-Interest Expense	625.8	601.3	516.76	350.09	309.04
EBT Excluding Unusual Items	1,046	970.87	902.68	672	368.51
Asset Writedown	-	-	-2.95	-11.89	-1.9
Other Unusual Items	-135.37	-155.32	-72.81	-127.63	-
Pretax Income	910.71	815.55	826.92	532.48	366.61
Income Tax Expense	190.45	173.64	151.82	97.88	56.47
Earnings From Continuing Operations	720.26	641.91	675.1	434.6	310.14
Minority Interest in Earnings	-88.15	-40.11	-90.59	-76.89	-66.72
Net Income	632.11	601.8	584.52	357.72	243.41
Preferred Dividends & Other Adjustments	18.91	22.63	21.73	14.52	4.08
Net Income to Common	613.2	579.18	562.79	343.2	239.33
Net Income Growth	5.04%	2.96%	63.40%	46.96%	64.03%
Basic Shares Outstanding	17,205	17,198	17,211	13,599	11,923
Diluted Shares Outstanding	17,205	17,198	17,211	13,599	11,923
Shares Change (YoY)	0.04%	-0.08%	26.56%	14.06%	0.06%
EPS (Basic)	0.04	0.03	0.03	0.03	0.02
EPS (Diluted)	0.04	0.03	0.03	0.03	0.02
EPS Growth	5.83%	2.99%	29.57%	25.72%	61.18%
Dividend Per Share	0.024	0.020	0.017	0.011	0.009
Dividend Growth	17.65%	20.00%	47.83%	35.29%	32.81%
Effective Tax Rate	20.91%	21.29%	18.36%	18.38%	15.40%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.