Dukhan Bank reports QR1.19bn net profit for first nine months of 2026

Published:

Dukhan Bank has reported a net profit of QR1.19 billion for the first nine months of 2026, reflecting a slight increase of 0.1% compared to the same period last year. The bank’s total assets rose to QR126.8 billion, marking a 2.4% increase from December 2025, driven by a robust loan book that reached QR94 billion.

In its latest financial disclosure, Dukhan Bank highlighted a significant growth in net banking income, which surged by 6.0% to QR2.26 billion. This growth underscores the bank’s effective execution of strategic initiatives despite ongoing geopolitical challenges. Earnings per share for the period stood at QR0.215, while total equity increased by 4.8% to QR15.9 billion, up from QR15.2 billion at the end of 2025.

Financial Performance and Asset Growth

The bank’s financing assets, which constitute 74% of total assets, reached QR94 billion, reflecting a 4.5% increase year-on-year. Investment securities also contributed significantly, amounting to QR24.8 billion, or 20% of total assets. Net operating income for the first nine months was reported at QR1.55 billion, a 7.0% increase compared to the same timeframe last year.

Dukhan Bank’s proactive approach to credit risk management is evident in its non-performing loan (NPL) ratio, which decreased to a record low of 3.8% as of September 2026, down from 4.2% in December 2025. The Stage 3 coverage ratio also improved, reaching 78.5%, compared to 75.7% at the end of the previous year, indicating a strong commitment to prudent credit provisioning.

Liquidity and Capital Position

The bank’s customer deposits rose by 2.5% to QR90 billion, reflecting strong customer confidence and the bank’s solid market position. This growth has supported a healthy liquidity profile, with the regulatory loan-to-deposit ratio standing at 99.0%, up from 98.1% in December 2025. Both the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) remained comfortably above regulatory requirements throughout the reporting period.

As of September 30, 2026, Dukhan Bank maintained a robust capital position, with a total capital adequacy ratio of 19.1%, significantly exceeding the Qatar Central Bank’s minimum requirement of 14.6%. This strong capital base reflects the bank’s effective balance sheet management and resilience in a challenging economic environment.

These results illustrate Dukhan Bank’s strategic focus on enhancing its market presence while ensuring disciplined capital deployment and effective risk management. For further details, refer to Gulf Times.

For more insights into business developments in the region, visit our Business section.

Share post:

Subscribe

Popular

More like this
Related

Elite Agro Holding announces Dhs660 million in agricultural investments across UAE, Morocco, and Mauritania

Elite Agro Holding (EAG) has announced a substantial investment of Dhs660 million aimed at enhancing agricultural production across the UAE, Morocco, and Mauritania. This initiative, unveiled during Global Food Week 2026 at the Abu Dhabi National Exhibition Centre, will cover…

Middle East and Africa banks’ market cap rises to $720.3 billion in Q3 2026

The market capitalization of banks in the Middle East and Africa surged to $720.32 billion by the end of September 2026, according to data from S&P Global Market Intelligence. This marks an increase from $700.95 billion just three months prior,…

DP World secures 10-year concession extension for Luanda port until 2051

DP World has secured a 10-year extension for its concession to operate the multi-purpose container terminal at the Port of Luanda, Angola, extending the agreement until 2051. This development is part of the company's strategy to enhance its investments in…

Fitch affirms Ras Al Khaimah’s A+ rating and revises 2026 growth forecast to 1.5%

Fitch Ratings has affirmed Ras Al Khaimah’s long-term credit rating at A+ and revised its economic growth forecast for 2026 to 1.5%, a notable shift from an earlier projection of a 1.8% contraction. This adjustment reflects stronger-than-expected economic resilience in…