KWSE:KPROJ 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	800.27	793.26	744.77	574.42	385.24	306.56
Interest Paid on Deposits	609.07	606.34	593.1	442.59	274.05	210.12
Net Interest Income	191.2	186.92	151.67	131.83	111.19	96.44
Net Interest Income Growth (YoY)	13.99%	23.25%	15.05%	18.56%	15.30%	-2.83%
Gain (Loss) on Sale of Assets	0	0	0.71	6.25	0.06	26.45
Gain (Loss) on Sale of Investments	19.24	19.24	11.13	7.34	-5.27	41.05
Gain (Loss) on Sale of Equity Investments	-11.57	-8.84	8.87	10.95	16.86	42.98
Other Non-Interest Income	719.37	731.33	734.15	687.43	362.89	311.59
Total Non-Interest Income	727.04	741.73	754.86	711.97	374.54	422.07
Non-Interest Income Growth (YoY)	-4.91%	-1.74%	6.02%	90.09%	-11.26%	5.33%
Revenues Before Loan Losses	918.24	928.65	906.53	843.8	485.73	518.51
Provision for Loan Losses	24.89	25.7	35.21	42.02	34.19	74.17
Revenue	893.35	902.95	871.32	801.77	451.54	444.34
Revenue Growth (YoY)	0.27%	3.63%	8.67%	77.56%	1.62%	2.24%
Occupancy Expenses	43.47	43.22	41.31	43.41	33.1	28.33
Selling, General & Administrative	286.09	277.67	263.18	227.73	213.27	177.74
Other Non-Interest Expense	487.39	492.83	458.13	511.65	460.35	202.13
Total Non-Interest Expense	816.96	813.73	762.63	782.79	706.72	408.2
EBT Excluding Unusual Items	76.4	89.23	108.69	18.98	-255.18	36.15
Asset Writedown	7.56	7.56	-3.89	-1.46	-22.17	-7.17
Other Unusual Items	-	-	-	-	307.26	-
Pretax Income	83.95	96.78	104.8	17.52	29.9	28.98
Income Tax Expense	27.81	27.4	34.41	35.6	31.06	9.36
Earnings From Continuing Operations	56.15	69.39	70.39	-18.09	-1.15	19.62
Earnings From Discontinued Operations	-	-	-	84.57	17.85	2
Minority Interest in Earnings	-41.43	-53.05	-54.74	-36.46	8.57	-4.17
Net Income	14.72	16.33	15.65	30.03	25.26	17.46
Preferred Dividends & Other Adjustments	8.18	8.18	7.29	6.82	6.85	5.84
Net Income to Common	6.54	8.15	8.36	23.21	18.41	11.62
Net Income Growth	-1.50%	4.36%	-47.88%	18.86%	44.71%	1437.88%
Basic Shares Outstanding	5,654	4,553	4,552	4,548	2,660	1,932
Diluted Shares Outstanding	5,654	4,553	4,552	4,548	2,660	1,932
Shares Change (YoY)	7.73%	0.03%	0.08%	70.99%	37.66%	6.60%
EPS (Basic)	0.00	0.00	0.00	0.01	0.01	0.01
EPS (Diluted)	0.00	0.00	0.00	0.01	0.01	0.01
EPS Growth	-24.36%	-2.61%	-64.00%	-26.29%	15.14%	-
Dividend Per Share	-	-	-	-	-	0.005
Effective Tax Rate	33.12%	28.31%	32.84%	203.25%	103.86%	32.29%

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