GULF BANK

Gulf Bank K.S.C.

GBKStocksBoursa 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
Assets
Cash & Equivalents	383.78M	844.76M	803.90M	551.57M	626.22M
Total Assets	7.70B	7.48B	7.17B	6.85B	6.56B
Investment Securities	845.75M	482.62M	726.62M	619.86M	621.78M
Trading Assets	2.13M	—	—	—	—
Gross Loans	6.09B	5.71B	5.49B	5.42B	5.12B
Net Loans	5.86B	5.47B	5.20B	5.13B	4.84B
Allowance for Loan Losses	-228.79M	-238.76M	-293.81M	-294.04M	-281.78M
Liabilities
Total Deposits	5.91B	5.97B	5.62B	5.51B	5.57B
Interest-Bearing Deposits	4.50B	4.37B	4.01B	4.11B	4.06B
Non-Interest-Bearing Deposits	1.41B	1.59B	1.61B	1.40B	1.52B
Total Debt	782.47M	523.95M	573.45M	498.11M	217.83M
Total Liabilities	6.85B	6.65B	6.36B	6.13B	5.89B
Equity & Ownership
Total Equity	854.37M	833.60M	816.80M	720.02M	666.49M
Shares Outstanding	3,983,019,703	3,983,019,704	3,992,627,205	3,705,018,511	3,660,044,780
Cash & Assets
Total Assets	7.70B	7.48B	7.17B	6.85B	6.56B
Cash & Equivalents	383.78M	844.76M	803.90M	551.57M	626.22M
Net Cash (Debt)	-94.23M	456.28M	411.44M	184.68M	533.03M
Net Cash Per Share	-0.02	0.11	0.11	0.05	0.15
Net Cash Growth	—	+10.9%	+122.8%	-65.4%	-24.0%
Other Receivables	15.34M	13.91M	16.47M	39.74M	45.12M
Restricted Cash	459.35M	543.12M	289.85M	378.32M	316.28M
Property, Plant & Equipment	40.75M	40.95M	39.48M	38.66M	34.39M
Long-Term Leases	3.93M	4.12M	3.39M	4.18M	2.83M
Loans & Investments
Gross Loans	6.09B	5.71B	5.49B	5.42B	5.12B
Net Loans	5.86B	5.47B	5.20B	5.13B	4.84B
Allowance for Loan Losses	-228.79M	-238.76M	-293.81M	-294.04M	-281.78M
Investment Securities	845.75M	482.62M	726.62M	619.86M	621.78M
Trading Asset Securities	2.13M	—	—	—	—
Total Investments	847.88M	482.62M	726.62M	619.86M	621.78M
Liabilities & Obligations
Total Liabilities	6.85B	6.65B	6.36B	6.13B	5.89B
Total Liabilities & Equity	7.70B	7.48B	7.17B	6.85B	6.56B
Accrued Expenses	31.64M	31.55M	28.73M	30.36M	26.61M
Accrued Interest Payable	56.22M	56.60M	59.52M	32.06M	11.90M
Accrued Interest Receivable	36.96M	30.90M	33.02M	25.99M	16.16M
Long-Term Unearned Revenue	7.77M	11.47M	8.90M	4.12M	3.86M
Other Long-Term Liabilities	54.61M	56.36M	63.03M	55.71M	56.56M
Debt & Funding
Total Debt	782.47M	523.95M	573.45M	498.11M	217.83M
Current Portion of Long-Term Debt	68.41M	70.81M	115.00M	—	—
Long-Term Debt	710.13M	449.01M	455.06M	493.93M	215.00M
Total Deposits	5.91B	5.97B	5.62B	5.51B	5.57B
Interest Bearing Deposits	4.50B	4.37B	4.01B	4.11B	4.06B
Non-Interest Bearing Deposits	1.41B	1.59B	1.61B	1.40B	1.52B
Equity & Book Value
Shareholders' Equity	854.37M	833.60M	816.80M	720.02M	666.49M
Common Stock	399.26M	380.25M	362.14M	320.05M	304.81M
Additional Paid-In Capital	186.94M	186.94M	186.94M	153.02M	153.02M
Retained Earnings	230.70M	230.06M	232.36M	211.24M	191.00M
Treasury Stock	-2.38M	-2.38M	—	—	-18.16M
Comprehensive Income & Other	39.84M	38.74M	35.37M	35.71M	35.81M
Book Value Per Share	0.21	0.21	0.20	0.19	0.18
Tangible Book Value	854.37M	833.60M	816.80M	720.02M	666.49M
Tangible Book Value Per Share	0.21	0.21	0.20	0.19	0.18
Filing Date Shares Outstanding	3.98B	3.98B	3.99B	3.71B	3.66B
Total Common Shares Outstanding	3.98B	3.98B	3.99B	3.71B	3.66B
Supplemental
Other Real Estate Owned & Foreclosed	56.95M	56.95M	68.66M	68.66M	59.43M

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
Assets
Cash & Equivalents	383.78M	844.76M	803.90M	551.57M	626.22M
Total Assets	7.70B	7.48B	7.17B	6.85B	6.56B
Investment Securities	845.75M	482.62M	726.62M	619.86M	621.78M
Trading Assets	2.13M	—	—	—	—
Gross Loans	6.09B	5.71B	5.49B	5.42B	5.12B
Net Loans	5.86B	5.47B	5.20B	5.13B	4.84B
Allowance for Loan Losses	-228.79M	-238.76M	-293.81M	-294.04M	-281.78M
Liabilities
Total Deposits	5.91B	5.97B	5.62B	5.51B	5.57B
Interest-Bearing Deposits	4.50B	4.37B	4.01B	4.11B	4.06B
Non-Interest-Bearing Deposits	1.41B	1.59B	1.61B	1.40B	1.52B
Total Debt	782.47M	523.95M	573.45M	498.11M	217.83M
Total Liabilities	6.85B	6.65B	6.36B	6.13B	5.89B
Equity & Ownership
Total Equity	854.37M	833.60M	816.80M	720.02M	666.49M
Shares Outstanding	3,983,019,703	3,983,019,704	3,992,627,205	3,705,018,511	3,660,044,780
Cash & Assets
Total Assets	7.70B	7.48B	7.17B	6.85B	6.56B
Cash & Equivalents	383.78M	844.76M	803.90M	551.57M	626.22M
Net Cash (Debt)	-94.23M	456.28M	411.44M	184.68M	533.03M
Net Cash Per Share	-0.02	0.11	0.11	0.05	0.15
Net Cash Growth	—	+10.9%	+122.8%	-65.4%	-24.0%
Other Receivables	15.34M	13.91M	16.47M	39.74M	45.12M
Restricted Cash	459.35M	543.12M	289.85M	378.32M	316.28M
Property, Plant & Equipment	40.75M	40.95M	39.48M	38.66M	34.39M
Long-Term Leases	3.93M	4.12M	3.39M	4.18M	2.83M
Loans & Investments
Gross Loans	6.09B	5.71B	5.49B	5.42B	5.12B
Net Loans	5.86B	5.47B	5.20B	5.13B	4.84B
Allowance for Loan Losses	-228.79M	-238.76M	-293.81M	-294.04M	-281.78M
Investment Securities	845.75M	482.62M	726.62M	619.86M	621.78M
Trading Asset Securities	2.13M	—	—	—	—
Total Investments	847.88M	482.62M	726.62M	619.86M	621.78M
Liabilities & Obligations
Total Liabilities	6.85B	6.65B	6.36B	6.13B	5.89B
Total Liabilities & Equity	7.70B	7.48B	7.17B	6.85B	6.56B
Accrued Expenses	31.64M	31.55M	28.73M	30.36M	26.61M
Accrued Interest Payable	56.22M	56.60M	59.52M	32.06M	11.90M
Accrued Interest Receivable	36.96M	30.90M	33.02M	25.99M	16.16M
Long-Term Unearned Revenue	7.77M	11.47M	8.90M	4.12M	3.86M
Other Long-Term Liabilities	54.61M	56.36M	63.03M	55.71M	56.56M
Debt & Funding
Total Debt	782.47M	523.95M	573.45M	498.11M	217.83M
Current Portion of Long-Term Debt	68.41M	70.81M	115.00M	—	—
Long-Term Debt	710.13M	449.01M	455.06M	493.93M	215.00M
Total Deposits	5.91B	5.97B	5.62B	5.51B	5.57B
Interest Bearing Deposits	4.50B	4.37B	4.01B	4.11B	4.06B
Non-Interest Bearing Deposits	1.41B	1.59B	1.61B	1.40B	1.52B
Equity & Book Value
Shareholders' Equity	854.37M	833.60M	816.80M	720.02M	666.49M
Common Stock	399.26M	380.25M	362.14M	320.05M	304.81M
Additional Paid-In Capital	186.94M	186.94M	186.94M	153.02M	153.02M
Retained Earnings	230.70M	230.06M	232.36M	211.24M	191.00M
Treasury Stock	-2.38M	-2.38M	—	—	-18.16M
Comprehensive Income & Other	39.84M	38.74M	35.37M	35.71M	35.81M
Book Value Per Share	0.21	0.21	0.20	0.19	0.18
Tangible Book Value	854.37M	833.60M	816.80M	720.02M	666.49M
Tangible Book Value Per Share	0.21	0.21	0.20	0.19	0.18
Filing Date Shares Outstanding	3.98B	3.98B	3.99B	3.71B	3.66B
Total Common Shares Outstanding	3.98B	3.98B	3.99B	3.71B	3.66B
Supplemental
Other Real Estate Owned & Foreclosed	56.95M	56.95M	68.66M	68.66M	59.43M