GULF BANK

Gulf Bank K.S.C.

GBKStocksBoursa KuwaitBanks

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	33.36M	37.79M	39.66M	39.20M	32.93M
Interest Income	94.60M	97.00M	96.13M	94.62M	92.60M
Interest Expense	59.29M	60.28M	59.57M	57.00M	57.48M
Pretax Income	9.52M	14.15M	14.48M	14.84M	9.45M
Income Tax	95.00K	150.00K	139.00K	155.00K	96.00K
Net Income	9.43M	14.00M	14.34M	14.69M	9.35M
Net Interest Income	35.56M	37.12M	37.47M	37.73M	35.37M
Non-Interest Income	9.57M	11.21M	11.31M	10.07M	8.60M
Non-Interest Expense	23.84M	23.64M	25.18M	24.35M	23.49M
Loan Loss Provisions	11.77M	10.54M	9.13M	8.60M	11.04M
EPS (Basic)	0.00	0.00	0.00	0.00	0.00
EPS (Diluted)	0.00	0.00	0.00	0.00	0.00
Margins & Efficiency
Net Margin %	+28.2%	+37.1%	+36.2%	+37.5%	+28.4%
Revenue & Income
Revenue	33.36M	37.79M	39.66M	39.20M	32.93M
Revenue	33.36M	37.79M	39.66M	39.20M	32.93M
Revenue Growth (YoY)	+1.3%	-18.2%	+11.0%	+1.2%	-6.4%
Revenues Before Loan Losses	45.13M	48.33M	48.79M	47.79M	43.97M
Interest Income on Investments	252.00K	400.00K	915.00K	100.00K	253.00K
Interest Income on Loans	94.60M	97.00M	96.13M	94.62M	92.60M
Total Interest Income	94.85M	97.40M	97.04M	94.72M	92.85M
Net Interest Income	35.56M	37.12M	37.47M	37.73M	35.37M
Net Interest Income Growth (YoY)	+0.5%	-5.6%	-6.0%	-3.9%	-8.8%
Non-Interest Income Growth (YoY)	+11.3%	-19.6%	+21.3%	+7.3%	-9.4%
Total Non-Interest Income	9.57M	11.21M	11.31M	10.07M	8.60M
Other Non-Interest Income	9.55M	11.22M	11.32M	10.05M	8.60M
Gain (Loss) on Sale of Investments	18.00K	-15.00K	-1.00K	14.00K	-3.00K
Expenses & Provisions
Selling, General & Administrative	0.66M	0.94M	0.66M	0.68M	0.69M
Interest Paid on Deposits	59.29M	60.28M	59.57M	57.00M	57.48M
Total Non-Interest Expense	23.84M	23.64M	25.18M	24.35M	23.49M
Other Non-Interest Expense	7.13M	7.18M	8.43M	7.64M	7.25M
Provision for Loan Losses	11.77M	10.54M	9.13M	8.60M	11.04M
Salaries and Employee Benefits	13.68M	13.11M	13.76M	13.71M	13.34M
Occupancy Expenses	2.28M	2.26M	2.18M	2.18M	2.12M
Asset Writedown	—	—	—	—	—
Profitability & Returns
EBT Excluding Unusual Items	9.52M	14.15M	14.48M	14.84M	9.45M
Pretax Income	9.52M	14.15M	14.48M	14.84M	9.45M
Profit Margin	+28.2%	+37.1%	+36.2%	+37.5%	+28.4%
Net Income	9.43M	14.00M	14.34M	14.69M	9.35M
Net Income to Common	9.43M	14.00M	14.34M	14.69M	9.35M
Net Income Growth	+0.8%	-29.8%	+19.4%	-4.3%	-27.4%
Income Tax Expense	95.00K	150.00K	139.00K	155.00K	96.00K
Effective Tax Rate	+1.0%	+1.1%	+1.0%	+1.0%	+1.0%
Per Share & Capital
EPS (Basic)	0.00	0.00	0.00	0.00	0.00
EPS (Diluted)	0.00	0.00	0.00	0.00	0.00
EPS Growth	+0.8%	-29.8%	+19.4%	-4.1%	-27.2%
Dividend Per Share	—	0.01	—	—	—
Shares Change (YoY)	—	0	—	-0	-0
Shares Outstanding (Basic)	4.18B	4.18B	4.18B	4.18B	4.18B
Shares Outstanding (Diluted)	4.18B	4.18B	4.18B	4.18B	4.18B
Dividend Growth	—	-4.4%	—	—	—
Free Cash Flow	-235.92M	-333.67M	-42.08M	-106.94M	-307.05M
Free Cash Flow Margin	-707.1%	-882.9%	-106.1%	-272.8%	-932.3%
Free Cash Flow Per Share	-0.06	-0.08	-0.01	-0.03	-0.07
Payout Ratio	—	—	—	+258.3%	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (KWD)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	33.36M	37.79M	39.66M	39.20M	32.93M
Interest Income	94.60M	97.00M	96.13M	94.62M	92.60M
Interest Expense	59.29M	60.28M	59.57M	57.00M	57.48M
Pretax Income	9.52M	14.15M	14.48M	14.84M	9.45M
Income Tax	95.00K	150.00K	139.00K	155.00K	96.00K
Net Income	9.43M	14.00M	14.34M	14.69M	9.35M
Net Interest Income	35.56M	37.12M	37.47M	37.73M	35.37M
Non-Interest Income	9.57M	11.21M	11.31M	10.07M	8.60M
Non-Interest Expense	23.84M	23.64M	25.18M	24.35M	23.49M
Loan Loss Provisions	11.77M	10.54M	9.13M	8.60M	11.04M
EPS (Basic)	0.00	0.00	0.00	0.00	0.00
EPS (Diluted)	0.00	0.00	0.00	0.00	0.00
Margins & Efficiency
Net Margin %	+28.2%	+37.1%	+36.2%	+37.5%	+28.4%
Revenue & Income
Revenue	33.36M	37.79M	39.66M	39.20M	32.93M
Revenue	33.36M	37.79M	39.66M	39.20M	32.93M
Revenue Growth (YoY)	+1.3%	-18.2%	+11.0%	+1.2%	-6.4%
Revenues Before Loan Losses	45.13M	48.33M	48.79M	47.79M	43.97M
Interest Income on Investments	252.00K	400.00K	915.00K	100.00K	253.00K
Interest Income on Loans	94.60M	97.00M	96.13M	94.62M	92.60M
Total Interest Income	94.85M	97.40M	97.04M	94.72M	92.85M
Net Interest Income	35.56M	37.12M	37.47M	37.73M	35.37M
Net Interest Income Growth (YoY)	+0.5%	-5.6%	-6.0%	-3.9%	-8.8%
Non-Interest Income Growth (YoY)	+11.3%	-19.6%	+21.3%	+7.3%	-9.4%
Total Non-Interest Income	9.57M	11.21M	11.31M	10.07M	8.60M
Other Non-Interest Income	9.55M	11.22M	11.32M	10.05M	8.60M
Gain (Loss) on Sale of Investments	18.00K	-15.00K	-1.00K	14.00K	-3.00K
Expenses & Provisions
Selling, General & Administrative	0.66M	0.94M	0.66M	0.68M	0.69M
Interest Paid on Deposits	59.29M	60.28M	59.57M	57.00M	57.48M
Total Non-Interest Expense	23.84M	23.64M	25.18M	24.35M	23.49M
Other Non-Interest Expense	7.13M	7.18M	8.43M	7.64M	7.25M
Provision for Loan Losses	11.77M	10.54M	9.13M	8.60M	11.04M
Salaries and Employee Benefits	13.68M	13.11M	13.76M	13.71M	13.34M
Occupancy Expenses	2.28M	2.26M	2.18M	2.18M	2.12M
Asset Writedown	—	—	—	—	—
Profitability & Returns
EBT Excluding Unusual Items	9.52M	14.15M	14.48M	14.84M	9.45M
Pretax Income	9.52M	14.15M	14.48M	14.84M	9.45M
Profit Margin	+28.2%	+37.1%	+36.2%	+37.5%	+28.4%
Net Income	9.43M	14.00M	14.34M	14.69M	9.35M
Net Income to Common	9.43M	14.00M	14.34M	14.69M	9.35M
Net Income Growth	+0.8%	-29.8%	+19.4%	-4.3%	-27.4%
Income Tax Expense	95.00K	150.00K	139.00K	155.00K	96.00K
Effective Tax Rate	+1.0%	+1.1%	+1.0%	+1.0%	+1.0%
Per Share & Capital
EPS (Basic)	0.00	0.00	0.00	0.00	0.00
EPS (Diluted)	0.00	0.00	0.00	0.00	0.00
EPS Growth	+0.8%	-29.8%	+19.4%	-4.1%	-27.2%
Dividend Per Share	—	0.01	—	—	—
Shares Change (YoY)	—	0	—	-0	-0
Shares Outstanding (Basic)	4.18B	4.18B	4.18B	4.18B	4.18B
Shares Outstanding (Diluted)	4.18B	4.18B	4.18B	4.18B	4.18B
Dividend Growth	—	-4.4%	—	—	—
Free Cash Flow	-235.92M	-333.67M	-42.08M	-106.94M	-307.05M
Free Cash Flow Margin	-707.1%	-882.9%	-106.1%	-272.8%	-932.3%
Free Cash Flow Per Share	-0.06	-0.08	-0.01	-0.03	-0.07
Payout Ratio	—	—	—	+258.3%	—