Bank Muscat SAOG Earnings Call Transcripts
Fiscal Year 2026
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Net profit rose 9.3% year-over-year to OMR 137.5 million in H1 2026, with strong loan and deposit growth, improved ROE, and robust fee income. Regulatory changes are expected to drive sector consolidation, while capital and liquidity remain strong.
Fiscal Year 2025
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Net profit rose 13% to OMR 255 million in 2025, driven by steady loan and deposit growth, strong non-interest income, and robust asset quality. The bank maintains sector-leading capital and liquidity, with continued focus on digital expansion and diversification.
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Net profit rose 12.2% year-over-year in H1 2025, with strong loan and deposit growth, improved ROE and cost efficiency, and stable asset quality. Outlook remains positive with mid-single-digit loan growth expected, robust capital, and continued fee income expansion.
Fiscal Year 2024
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Oman's banking sector saw robust growth in 2024, with strong credit and deposit expansion, improved profitability, and stable asset quality. The bank reported a 6.2% rise in net profit and maintained high capital and liquidity, while investing in digital transformation and prudent risk management.
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Net profit rose 7.5% year-over-year in H1 2024, with strong loan and deposit growth and stable asset quality. The bank expects mid-single digit growth ahead, supported by economic recovery and government initiatives, while managing short-term asset quality volatility.