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	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	6,115	7,257	7,184	5,244	3,711
Net Interest Income Growth (YoY)	-15.73%	1.01%	37.00%	41.32%	0.82%
Gain (Loss) on Sale of Investments	11.42	-3.32	20.56	-56.25	-188.78
Gain (Loss) on Sale of Equity Investments	35.79	62.23	50.86	27.2	13.71
Other Non-Interest Income	3,161	2,595	2,325	1,868	1,382
Total Non-Interest Income	3,208	2,654	2,397	1,839	1,207
Non-Interest Income Growth (YoY)	20.87%	10.75%	30.29%	52.38%	-7.69%
Revenues Before Loan Losses	9,323	9,911	9,581	7,083	4,918
Provision for Loan Losses	817.88	1,043	1,270	1,556	910.34
Revenue	8,505	8,867	8,310	5,527	4,007
Revenue Growth (YoY)	-4.09%	6.70%	50.37%	37.91%	-14.54%
Salaries and Employee Benefits	453.72	434.23	433.16	521.85	427.95
Occupancy Expenses	173.62	173.63	174.08	186.98	68.1
Selling, General & Administrative	34.35	38.06	27.17	99.54	32.38
Other Non-Interest Expense	6,261	6,661	6,161	3,333	1,727
Total Non-Interest Expense	6,923	7,307	6,795	4,141	2,255
EBT Excluding Unusual Items	1,582	1,560	1,515	1,385	1,752
Pretax Income	1,582	1,560	1,515	1,385	1,735
Income Tax Expense	29.67	33.46	34.97	22.24	4.77
Earnings From Continuing Operations	1,552	1,527	1,480	1,363	1,731
Minority Interest in Earnings	-22.02	-19.71	-28.27	-18.91	-12.77
Net Income	1,530	1,507	1,452	1,344	1,718
Preferred Dividends & Other Adjustments	46	46	46	46	48.2
Net Income to Common	1,484	1,461	1,406	1,298	1,670
Net Income Growth	1.54%	3.81%	7.99%	-21.75%	-21.03%
Basic Shares Outstanding	9,300	9,300	9,300	9,300	7,653
Diluted Shares Outstanding	9,300	9,300	9,300	9,300	7,653
Shares Change (YoY)	-	-	-	21.52%	2.04%
EPS (Basic)	0.16	0.16	0.15	0.14	0.22
EPS (Diluted)	0.16	0.16	0.15	0.14	0.22
EPS Growth	1.59%	3.94%	8.27%	-36.02%	-24.78%
Dividend Per Share	0.110	0.100	0.100	0.100	0.170
Dividend Growth	10.00%	-	-	-41.18%	-
Effective Tax Rate	1.88%	2.14%	2.31%	1.60%	0.27%

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