KWSE:KPROJ 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	793.26	744.77	574.42	385.24	306.56
Interest Paid on Deposits	606.34	593.1	442.59	274.05	210.12
Net Interest Income	186.92	151.67	131.83	111.19	96.44
Net Interest Income Growth (YoY)	23.25%	15.05%	18.56%	15.30%	-2.83%
Gain (Loss) on Sale of Assets	0	0.71	6.25	0.06	26.45
Gain (Loss) on Sale of Investments	19.24	11.13	7.34	-5.27	41.05
Gain (Loss) on Sale of Equity Investments	-8.84	8.87	10.95	16.86	42.98
Other Non-Interest Income	731.33	734.15	687.43	362.89	311.59
Total Non-Interest Income	741.73	754.86	711.97	374.54	422.07
Non-Interest Income Growth (YoY)	-1.74%	6.02%	90.09%	-11.26%	5.33%
Revenues Before Loan Losses	928.65	906.53	843.8	485.73	518.51
Provision for Loan Losses	25.7	35.21	42.02	34.19	74.17
Revenue	902.95	871.32	801.77	451.54	444.34
Revenue Growth (YoY)	3.63%	8.67%	77.56%	1.62%	2.24%
Occupancy Expenses	43.22	41.31	43.41	33.1	28.33
Selling, General & Administrative	277.67	263.18	227.73	213.27	177.74
Other Non-Interest Expense	492.83	458.13	511.65	460.35	202.13
Total Non-Interest Expense	813.73	762.63	782.79	706.72	408.2
EBT Excluding Unusual Items	89.23	108.69	18.98	-255.18	36.15
Asset Writedown	7.56	-3.89	-1.46	-22.17	-7.17
Other Unusual Items	-	-	-	307.26	-
Pretax Income	96.78	104.8	17.52	29.9	28.98
Income Tax Expense	27.4	34.41	35.6	31.06	9.36
Earnings From Continuing Operations	69.39	70.39	-18.09	-1.15	19.62
Earnings From Discontinued Operations	-	-	84.57	17.85	2
Minority Interest in Earnings	-53.05	-54.74	-36.46	8.57	-4.17
Net Income	16.33	15.65	30.03	25.26	17.46
Preferred Dividends & Other Adjustments	8.18	7.29	6.82	6.85	5.84
Net Income to Common	8.15	8.36	23.21	18.41	11.62
Net Income Growth	4.36%	-47.88%	18.86%	44.71%	1437.88%
Basic Shares Outstanding	4,553	4,552	4,548	2,660	1,932
Diluted Shares Outstanding	4,553	4,552	4,548	2,660	1,932
Shares Change (YoY)	0.03%	0.08%	70.99%	37.66%	6.60%
EPS (Basic)	0.00	0.00	0.01	0.01	0.01
EPS (Diluted)	0.00	0.00	0.01	0.01	0.01
EPS Growth	-2.61%	-64.00%	-26.29%	15.14%	-
Dividend Per Share	-	-	-	-	0.005
Effective Tax Rate	28.31%	32.84%	203.25%	103.86%	32.29%

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