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	Jun '26 Jun 30, 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	257.46	257.92	244.86	224.81	129.3	95.41
Total Interest Income	257.46	257.92	244.86	224.81	129.3	95.41
Interest Paid on Deposits	191.32	198.12	190.07	180.78	81.06	48.58
Net Interest Income	66.14	59.8	54.79	44.03	48.24	46.83
Net Interest Income Growth	17.57%	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	4.99	3.71	10.03	1.47	0.31	14.85
Gain (Loss) on Sale of Equity Investments	14.66	13.8	-7.97	-0.2	16.31	27.01
Other Non-Interest Income	35.15	33.39	25.39	17.01	13.84	15.88
Total Non-Interest Income	54.79	50.9	27.46	20.18	31.04	60.35
Non-Interest Income Growth	36.09%	85.39%	36.07%	-34.99%	-48.58%	92.22%
Revenues Before Loan Losses	120.93	110.7	82.24	64.2	79.28	107.18
Provision for Loan Losses	14.72	10.25	10.41	2.51	23.86	59.76
Revenue	106.21	100.45	71.84	61.7	55.42	47.43
Revenue Growth	22.61%	39.83%	16.43%	11.32%	16.86%	51.93%
Salaries and Employee Benefits	31.02	30.05	29.12	26.45	22.59	20.44
Occupancy Expenses	6.38	6.4	7.53	5.78	6.45	6.03
Selling, General & Administrative	11.54	10.71	9.77	8.78	6.1	4.4
Other Non-Interest Expense	-	-	-	0.54	0.53	0.44
Total Non-Interest Expense	49.33	47.17	46.42	41.74	35.85	31.46
EBT Excluding Unusual Items	56.89	53.28	25.41	19.96	19.57	15.96
Asset Writedown	-1.42	-1.4	-1.94	-0.08	-0.08	0.17
Pretax Income	55.47	51.88	23.48	19.88	19.49	16.14
Income Tax Expense	2	2.26	1.07	0.21	0.21	0.17
Net Income	53.47	49.62	22.4	19.67	19.29	15.96
Preferred Dividends & Other Adjustments	7.86	5.46	3.08	3.08	4.53	5.77
Net Income to Common	45.61	44.16	19.33	16.59	14.76	10.2
Net Income Growth	50.57%	128.47%	16.53%	12.39%	44.75%	1461.26%
Basic Shares Outstanding	4,696	4,047	2,558	2,430	2,430	2,057
Diluted Shares Outstanding	4,696	4,047	2,558	2,430	2,430	2,057
Shares Change	56.98%	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	-4.08%	44.43%	10.70%	12.40%	22.50%	1448.75%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Dividend Per Share	0.005	0.005	-	-	0.002	-
Dividend Growth	-	-	-	-	-	-
Effective Tax Rate	3.60%	4.35%	4.57%	1.07%	1.05%	1.06%