AlRayan Bank Q.P.S.C. (QSE:MARK)

AlRayan Bank Q.P.S.C. Income Statement

Financials in millions QAR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Interest Income	6,362	7,257	7,184	5,244	3,711	3,680
Net Interest Income Growth (YoY)	-13.33%	1.01%	37.00%	41.32%	0.82%	-0.81%
Gain (Loss) on Sale of Investments	7.25	-3.32	20.56	-56.25	-188.78	-44.37
Gain (Loss) on Sale of Equity Investments	36.99	62.23	50.86	27.2	13.71	17.89
Other Non-Interest Income	3,077	2,595	2,325	1,868	1,382	1,334
Total Non-Interest Income	3,121	2,654	2,397	1,839	1,207	1,308
Non-Interest Income Growth (YoY)	14.84%	10.75%	30.29%	52.38%	-7.69%	-13.28%
Revenues Before Loan Losses	9,483	9,911	9,581	7,083	4,918	4,988
Provision for Loan Losses	915.11	1,043	1,270	1,556	910.34	298.76
Revenue	8,568	8,867	8,310	5,527	4,007	4,689
Revenue Growth (YoY)	-4.56%	6.70%	50.37%	37.91%	-14.54%	-9.19%
Salaries and Employee Benefits	446.5	434.23	433.16	521.85	427.95	386.41
Occupancy Expenses	173.81	173.63	174.08	186.98	68.1	24.82
Selling, General & Administrative	38.06	38.06	27.17	99.54	32.38	37.83
Other Non-Interest Expense	6,324	6,661	6,161	3,333	1,727	2,057
Total Non-Interest Expense	6,982	7,307	6,795	4,141	2,255	2,506
EBT Excluding Unusual Items	1,586	1,560	1,515	1,385	1,752	2,183
Pretax Income	1,586	1,560	1,515	1,385	1,735	2,183
Income Tax Expense	27.33	33.46	34.97	22.24	4.77	2.36
Earnings From Continuing Operations	1,558	1,527	1,480	1,363	1,731	2,181
Minority Interest in Earnings	-19.3	-19.71	-28.27	-18.91	-12.77	-5.17
Net Income	1,539	1,507	1,452	1,344	1,718	2,175
Preferred Dividends & Other Adjustments	46	46	46	46	48.2	-
Net Income to Common	1,493	1,461	1,406	1,298	1,670	2,175
Net Income Growth	2.46%	3.81%	7.99%	-21.75%	-21.03%	-0.14%
Basic Shares Outstanding	9,300	9,300	9,300	9,300	7,653	7,500
Diluted Shares Outstanding	9,300	9,300	9,300	9,300	7,653	7,500
Shares Change (YoY)	-	-	-	21.52%	2.04%	-
EPS (Basic)	0.16	0.16	0.15	0.14	0.22	0.29
EPS (Diluted)	0.16	0.16	0.15	0.14	0.22	0.29
EPS Growth	2.53%	3.94%	8.27%	-36.02%	-24.78%	-0.14%
Dividend Per Share	0.100	0.100	0.100	0.100	0.170	0.170
Dividend Growth	-	-	-	-41.18%	-	-24.44%
Effective Tax Rate	1.72%	2.14%	2.31%	1.60%	0.27%	0.11%

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