Warba 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 Investments	258.91	257.92	244.86	224.81	129.3	95.41
Total Interest Income	258.91	257.92	244.86	224.81	129.3	95.41
Interest Paid on Deposits	196.18	198.12	190.07	180.78	81.06	48.58
Net Interest Income	62.73	59.8	54.79	44.03	48.24	46.83
Net Interest Income Growth (YoY)	16.38%	9.14%	24.44%	-8.73%	3.01%	0.80%
Gain (Loss) on Sale of Assets	-	-	-	1.9	0.58	2.6
Gain (Loss) on Sale of Investments	3.21	3.71	10.03	1.47	0.31	14.85
Gain (Loss) on Sale of Equity Investments	16.9	13.8	-7.97	-0.2	16.31	27.01
Other Non-Interest Income	34.51	33.39	25.39	17.01	13.84	15.88
Total Non-Interest Income	54.63	50.9	27.46	20.18	31.04	60.35
Non-Interest Income Growth (YoY)	93.74%	85.39%	36.07%	-34.99%	-48.58%	92.22%
Revenues Before Loan Losses	117.36	110.7	82.24	64.2	79.28	107.18
Provision for Loan Losses	15.13	10.25	10.41	2.51	23.86	59.76
Revenue	102.22	100.45	71.84	61.7	55.42	47.43
Revenue Growth (YoY)	39.52%	39.83%	16.43%	11.32%	16.86%	51.93%
Salaries and Employee Benefits	31.31	30.05	29.12	26.45	22.59	20.44
Occupancy Expenses	6.25	6.4	7.53	5.78	6.45	6.03
Selling, General & Administrative	10.81	10.71	9.77	8.78	6.1	4.4
Other Non-Interest Expense	-	-	-	0.54	0.53	0.44
Total Non-Interest Expense	48.37	47.17	46.42	41.74	35.85	31.46
EBT Excluding Unusual Items	53.86	53.28	25.41	19.96	19.57	15.96
Asset Writedown	-1.4	-1.4	-1.94	-0.08	-0.08	0.17
Pretax Income	52.46	51.88	23.48	19.88	19.49	16.14
Income Tax Expense	2.07	2.26	1.07	0.21	0.21	0.17
Net Income	50.38	49.62	22.4	19.67	19.29	15.96
Preferred Dividends & Other Adjustments	5.46	5.46	3.08	3.08	4.53	5.77
Net Income to Common	44.92	44.16	19.33	16.59	14.76	10.2
Net Income Growth	117.36%	121.50%	13.91%	1.97%	20.82%	183.35%
Basic Shares Outstanding	4,562	4,047	2,558	2,430	2,430	2,057
Diluted Shares Outstanding	4,562	4,047	2,558	2,430	2,430	2,057
Shares Change (YoY)	74.39%	58.18%	5.27%	-	18.15%	1.01%
EPS (Basic)	0.01	0.01	0.01	0.01	0.01	0.00
EPS (Diluted)	0.01	0.01	0.01	0.01	0.01	0.00
EPS Growth	28.12%	44.43%	10.70%	12.40%	22.50%	1448.75%
Dividend Per Share	0.005	0.005	-	-	0.002	-
Effective Tax Rate	3.95%	4.35%	4.57%	1.07%	1.05%	1.06%