Ready to play
Ready to play
Bank of Bahrain and Kuwait Achieves Record Profits in Q2 2026 National Bank of Bahrain announced record profits during the second quarter of 2026, with net earnings attributable to shareholders reaching 22.5 million Bahraini Dinars (approximately $59.7 million), representing a 16% increase compared to the same period last year. Additionally, total comprehensive income rose by 168% to reach 37.3 million Bahraini Dinars, driven by positive movements in bond portfolio valuations and market stabilization after previous fluctuations caused by geopolitical tensions. On an annual basis, the bank posted a net profit of 43.1 million Bahraini Dinars for the first six months, with a continued expectation to distribute dividends at 10% of the nominal value per share, despite a 6% decrease in shareholders’ equity resulting from profit distributions and market dynamics. These results come amid a 2% increase in assets to 6,372 million Dinars, with loans and deposits growing by 6% and 12%, respectively, reflecting the strength of the bank’s business model and strong group performance despite some geopolitical challenges.
Notice: This Is an AI-Generated Summary
Comments (0)