Boubyan Bank

Boubyan Bank K.S.C.

BOUBYANStocksBoursa KuwaitBanks

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	250.48M	229.24M	184.69M	155.57M	136.45M
Interest Income	491.37M	458.52M	396.77M	283.71M	223.19M
Interest Expense	281.76M	258.09M	224.29M	116.49M	65.68M
Pretax Income	117.16M	100.20M	75.14M	56.38M	49.21M
Income Tax	16.25M	3.42M	-3.08M	2.11M	1.26M
Net Income	94.48M	90.75M	74.36M	51.72M	43.15M
Net Interest Income	209.62M	200.43M	172.48M	167.22M	157.51M
Non-Interest Income	55.80M	48.08M	43.94M	31.96M	29.70M
Non-Interest Expense	135.48M	126.71M	111.16M	101.38M	87.82M
Loan Loss Provisions	14.93M	19.27M	31.73M	43.61M	50.75M
EPS (Basic)	0.02	0.02	0.02	0.01	0.01
EPS (Diluted)	0.02	0.02	0.02	0.01	0.01
DPS	0.01	0.01	0.01	0.01	0.00
Margins & Efficiency
Net Margin %	+37.7%	+39.6%	+40.3%	+33.2%	+31.6%
Revenue & Income
Revenue	250.48M	229.24M	184.69M	155.57M	136.45M
Revenue	250.48M	229.24M	184.69M	155.57M	136.45M
Revenue Growth (YoY)	+9.3%	+24.1%	+18.7%	+14.0%	+27.2%
Revenues Before Loan Losses	265.41M	248.51M	216.42M	199.18M	187.20M
Interest Income on Loans	491.37M	458.52M	396.77M	283.71M	223.19M
Net Interest Income	209.62M	200.43M	172.48M	167.22M	157.51M
Net Interest Income Growth (YoY)	+4.6%	+16.2%	+3.1%	+6.2%	+13.4%
Non-Interest Income Growth (YoY)	+16.0%	+9.4%	+37.5%	+7.6%	+8.3%
Total Non-Interest Income	55.80M	48.08M	43.94M	31.96M	29.70M
Other Non-Interest Income	52.25M	46.75M	41.18M	32.50M	26.14M
Gain (Loss) on Sale of Assets	1.29M	-0.96M	—	1.17M	0.48M
Gain (Loss) on Sale of Equity Investments	-51.00K	29.00K	511.00K	712.00K	401.00K
Gain (Loss) on Sale of Investments	2.31M	2.26M	2.26M	-2.42M	2.69M
Expenses & Provisions
Selling, General & Administrative	44.77M	38.20M	33.16M	28.75M	25.80M
Interest Paid on Deposits	281.76M	258.09M	224.29M	116.49M	65.68M
Total Non-Interest Expense	135.48M	126.71M	111.16M	101.38M	87.82M
Provision for Loan Losses	14.93M	19.27M	31.73M	43.61M	50.75M
Salaries and Employee Benefits	71.49M	71.65M	63.66M	60.26M	52.45M
Occupancy Expenses	19.22M	16.86M	14.34M	12.37M	9.57M
Asset Writedown	2.15M	-2.33M	1.61M	2.18M	0.58M
Profitability & Returns
EBT Excluding Unusual Items	115.01M	102.53M	73.53M	54.20M	48.64M
Pretax Income	117.16M	100.20M	75.14M	56.38M	49.21M
Profit Margin	+37.7%	+39.6%	+40.3%	+33.2%	+31.6%
Net Income	100.54M	96.80M	80.44M	57.79M	48.49M
Net Income to Common	94.48M	90.75M	74.36M	51.72M	43.15M
Net Income Growth	+3.9%	+20.3%	+39.2%	+19.2%	+40.9%
Earnings From Continuing Ops.	100.91M	96.78M	78.22M	54.27M	47.96M
Minority Interest in Earnings	-0.37M	0.02M	2.22M	3.51M	0.54M
Income Tax Expense	16.25M	3.42M	-3.08M	2.11M	1.26M
Effective Tax Rate	+13.9%	+3.4%	—	+3.7%	+2.6%
Per Share & Capital
EPS (Basic)	0.02	0.02	0.02	0.01	0.01
EPS (Diluted)	0.02	0.02	0.02	0.01	0.01
EPS Growth	+4.1%	+22.0%	+40.5%	+14.6%	+41.0%
Dividend Per Share	0.01	0.01	0.01	0.01	0.00
Shares Change (YoY)	-0	-0	0.02	0.05	0.05
Shares Outstanding (Basic)	4.41B	4.41B	4.41B	4.31B	4.12B
Shares Outstanding (Diluted)	4.41B	4.41B	4.41B	4.31B	4.12B
Dividend Growth	-26.3%	+31.9%	+41.2%	+27.5%	—
Free Cash Flow	-825.67M	-480.53M	-322.07M	-550.26M	-575.97M
Free Cash Flow Margin	-329.6%	-209.6%	-174.4%	-353.7%	-422.1%
Free Cash Flow Per Share	-0.19	-0.11	-0.07	-0.13	-0.14
Payout Ratio	+47.8%	+39.0%	+35.4%	+38.0%	+11.0%
Preferred Dividends & Other Adjustments	6.06M	6.05M	6.08M	6.07M	5.35M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (KWD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	250.48M	229.24M	184.69M	155.57M	136.45M
Interest Income	491.37M	458.52M	396.77M	283.71M	223.19M
Interest Expense	281.76M	258.09M	224.29M	116.49M	65.68M
Pretax Income	117.16M	100.20M	75.14M	56.38M	49.21M
Income Tax	16.25M	3.42M	-3.08M	2.11M	1.26M
Net Income	94.48M	90.75M	74.36M	51.72M	43.15M
Net Interest Income	209.62M	200.43M	172.48M	167.22M	157.51M
Non-Interest Income	55.80M	48.08M	43.94M	31.96M	29.70M
Non-Interest Expense	135.48M	126.71M	111.16M	101.38M	87.82M
Loan Loss Provisions	14.93M	19.27M	31.73M	43.61M	50.75M
EPS (Basic)	0.02	0.02	0.02	0.01	0.01
EPS (Diluted)	0.02	0.02	0.02	0.01	0.01
DPS	0.01	0.01	0.01	0.01	0.00
Margins & Efficiency
Net Margin %	+37.7%	+39.6%	+40.3%	+33.2%	+31.6%
Revenue & Income
Revenue	250.48M	229.24M	184.69M	155.57M	136.45M
Revenue	250.48M	229.24M	184.69M	155.57M	136.45M
Revenue Growth (YoY)	+9.3%	+24.1%	+18.7%	+14.0%	+27.2%
Revenues Before Loan Losses	265.41M	248.51M	216.42M	199.18M	187.20M
Interest Income on Loans	491.37M	458.52M	396.77M	283.71M	223.19M
Net Interest Income	209.62M	200.43M	172.48M	167.22M	157.51M
Net Interest Income Growth (YoY)	+4.6%	+16.2%	+3.1%	+6.2%	+13.4%
Non-Interest Income Growth (YoY)	+16.0%	+9.4%	+37.5%	+7.6%	+8.3%
Total Non-Interest Income	55.80M	48.08M	43.94M	31.96M	29.70M
Other Non-Interest Income	52.25M	46.75M	41.18M	32.50M	26.14M
Gain (Loss) on Sale of Assets	1.29M	-0.96M	—	1.17M	0.48M
Gain (Loss) on Sale of Equity Investments	-51.00K	29.00K	511.00K	712.00K	401.00K
Gain (Loss) on Sale of Investments	2.31M	2.26M	2.26M	-2.42M	2.69M
Expenses & Provisions
Selling, General & Administrative	44.77M	38.20M	33.16M	28.75M	25.80M
Interest Paid on Deposits	281.76M	258.09M	224.29M	116.49M	65.68M
Total Non-Interest Expense	135.48M	126.71M	111.16M	101.38M	87.82M
Provision for Loan Losses	14.93M	19.27M	31.73M	43.61M	50.75M
Salaries and Employee Benefits	71.49M	71.65M	63.66M	60.26M	52.45M
Occupancy Expenses	19.22M	16.86M	14.34M	12.37M	9.57M
Asset Writedown	2.15M	-2.33M	1.61M	2.18M	0.58M
Profitability & Returns
EBT Excluding Unusual Items	115.01M	102.53M	73.53M	54.20M	48.64M
Pretax Income	117.16M	100.20M	75.14M	56.38M	49.21M
Profit Margin	+37.7%	+39.6%	+40.3%	+33.2%	+31.6%
Net Income	100.54M	96.80M	80.44M	57.79M	48.49M
Net Income to Common	94.48M	90.75M	74.36M	51.72M	43.15M
Net Income Growth	+3.9%	+20.3%	+39.2%	+19.2%	+40.9%
Earnings From Continuing Ops.	100.91M	96.78M	78.22M	54.27M	47.96M
Minority Interest in Earnings	-0.37M	0.02M	2.22M	3.51M	0.54M
Income Tax Expense	16.25M	3.42M	-3.08M	2.11M	1.26M
Effective Tax Rate	+13.9%	+3.4%	—	+3.7%	+2.6%
Per Share & Capital
EPS (Basic)	0.02	0.02	0.02	0.01	0.01
EPS (Diluted)	0.02	0.02	0.02	0.01	0.01
EPS Growth	+4.1%	+22.0%	+40.5%	+14.6%	+41.0%
Dividend Per Share	0.01	0.01	0.01	0.01	0.00
Shares Change (YoY)	-0	-0	0.02	0.05	0.05
Shares Outstanding (Basic)	4.41B	4.41B	4.41B	4.31B	4.12B
Shares Outstanding (Diluted)	4.41B	4.41B	4.41B	4.31B	4.12B
Dividend Growth	-26.3%	+31.9%	+41.2%	+27.5%	—
Free Cash Flow	-825.67M	-480.53M	-322.07M	-550.26M	-575.97M
Free Cash Flow Margin	-329.6%	-209.6%	-174.4%	-353.7%	-422.1%
Free Cash Flow Per Share	-0.19	-0.11	-0.07	-0.13	-0.14
Payout Ratio	+47.8%	+39.0%	+35.4%	+38.0%	+11.0%
Preferred Dividends & Other Adjustments	6.06M	6.05M	6.08M	6.07M	5.35M