Kuwait Finance House

Kuwait Finance House K.S.C.

KFHStocksBoursa 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	1.67B	1.57B	1.42B	1.02B	0.68B
Interest Income	3.25B	2.89B	2.19B	1.32B	0.87B
Interest Expense	1.97B	1.74B	1.23B	0.52B	0.29B
Pretax Income	910.71M	815.55M	826.92M	532.48M	366.61M
Income Tax	190.45M	173.64M	151.82M	97.88M	56.47M
Net Income	613.20M	579.18M	562.79M	343.20M	239.33M
Net Interest Income	1.28B	1.15B	0.97B	0.80B	0.59B
Non-Interest Income	554.10M	545.19M	494.93M	271.78M	225.31M
Non-Interest Expense	625.80M	601.30M	516.76M	350.09M	309.04M
Loan Loss Provisions	161.44M	120.00M	41.42M	50.19M	133.47M
EPS (Basic)	0.04	0.03	0.03	0.03	0.02
EPS (Diluted)	0.04	0.03	0.03	0.03	0.02
DPS	0.02	0.02	0.02	0.01	0.01
Margins & Efficiency
Net Margin %	+36.7%	+36.8%	+39.6%	+33.6%	+35.3%
Revenue & Income
Revenue	1.67B	1.57B	1.42B	1.02B	0.68B
Revenue	1.67B	1.57B	1.42B	1.02B	0.68B
Revenue Growth (YoY)	+6.3%	+10.8%	+38.9%	+50.9%	+25.9%
Revenues Before Loan Losses	1.83B	1.69B	1.46B	1.07B	0.81B
Interest Income on Loans	3.25B	2.89B	2.19B	1.32B	0.87B
Net Interest Income	1.28B	1.15B	0.97B	0.80B	0.59B
Net Interest Income Growth (YoY)	+11.5%	+18.7%	+20.7%	+36.7%	-4.6%
Non-Interest Income Growth (YoY)	+1.6%	+10.2%	+82.1%	+20.6%	+24.2%
Total Non-Interest Income	554.10M	545.19M	494.93M	271.78M	225.31M
Other Non-Interest Income	444.77M	352.87M	292.41M	253.61M	192.90M
Gain (Loss) on Sale of Assets	26.38M	22.21M	71.70M	3.67M	20.38M
Gain (Loss) on Sale of Equity Investments	4.86M	35.42M	30.43M	7.05M	-3.36M
Gain (Loss) on Sale of Investments	78.09M	134.70M	100.40M	7.45M	15.39M
Expenses & Provisions
Selling, General & Administrative	187.96M	169.81M	151.43M	95.68M	83.28M
Interest Paid on Deposits	1.97B	1.74B	1.23B	0.52B	0.29B
Total Non-Interest Expense	625.80M	601.30M	516.76M	350.09M	309.04M
Provision for Loan Losses	161.44M	120.00M	41.42M	50.19M	133.47M
Salaries and Employee Benefits	346.39M	347.31M	286.75M	209.08M	183.98M
Occupancy Expenses	91.46M	84.18M	78.58M	45.32M	41.78M
Asset Writedown	—	—	-2.95M	-11.89M	-1.90M
Profitability & Returns
EBT Excluding Unusual Items	1.05B	0.97B	0.90B	0.67B	0.37B
Pretax Income	910.71M	815.55M	826.92M	532.48M	366.61M
Profit Margin	+36.7%	+36.8%	+39.6%	+33.6%	+35.3%
Net Income	632.11M	601.80M	584.52M	357.72M	243.41M
Net Income to Common	613.20M	579.18M	562.79M	343.20M	239.33M
Net Income Growth	+5.0%	+3.0%	+63.4%	+47.0%	+64.0%
Earnings From Continuing Ops.	720.26M	641.91M	675.10M	434.60M	310.14M
Minority Interest in Earnings	-88.15M	-40.11M	-90.59M	-76.89M	-66.72M
Income Tax Expense	190.45M	173.64M	151.82M	97.88M	56.47M
Effective Tax Rate	+20.9%	+21.3%	+18.4%	+18.4%	+15.4%
Per Share & Capital
EPS (Basic)	0.04	0.03	0.03	0.03	0.02
EPS (Diluted)	0.04	0.03	0.03	0.03	0.02
EPS Growth	+5.8%	+3.0%	+29.6%	+25.7%	+61.2%
Dividend Per Share	0.02	0.02	0.02	0.01	0.01
Shares Change (YoY)	0	-0	0.27	0.14	0
Shares Outstanding (Basic)	17.20B	17.20B	17.21B	13.60B	11.92B
Shares Outstanding (Diluted)	17.20B	17.20B	17.21B	13.60B	11.92B
Dividend Growth	+17.6%	+20.0%	+47.8%	+35.3%	+32.8%
Free Cash Flow	0.44B	2.56B	-0.24B	0.38B	-1.09B
Free Cash Flow Margin	+26.4%	+162.8%	-17.0%	+37.1%	-161.5%
Free Cash Flow Per Share	0.03	0.15	-0.01	0.03	-0.09
Payout Ratio	+60.5%	+53.9%	+62.5%	+32.4%	+32.9%
Preferred Dividends & Other Adjustments	18.91M	22.63M	21.73M	14.52M	4.08M
Supplemental
Other Unusual Items	-135.37M	-155.32M	-72.81M	-127.63M	—

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	1.67B	1.57B	1.42B	1.02B	0.68B
Interest Income	3.25B	2.89B	2.19B	1.32B	0.87B
Interest Expense	1.97B	1.74B	1.23B	0.52B	0.29B
Pretax Income	910.71M	815.55M	826.92M	532.48M	366.61M
Income Tax	190.45M	173.64M	151.82M	97.88M	56.47M
Net Income	613.20M	579.18M	562.79M	343.20M	239.33M
Net Interest Income	1.28B	1.15B	0.97B	0.80B	0.59B
Non-Interest Income	554.10M	545.19M	494.93M	271.78M	225.31M
Non-Interest Expense	625.80M	601.30M	516.76M	350.09M	309.04M
Loan Loss Provisions	161.44M	120.00M	41.42M	50.19M	133.47M
EPS (Basic)	0.04	0.03	0.03	0.03	0.02
EPS (Diluted)	0.04	0.03	0.03	0.03	0.02
DPS	0.02	0.02	0.02	0.01	0.01
Margins & Efficiency
Net Margin %	+36.7%	+36.8%	+39.6%	+33.6%	+35.3%
Revenue & Income
Revenue	1.67B	1.57B	1.42B	1.02B	0.68B
Revenue	1.67B	1.57B	1.42B	1.02B	0.68B
Revenue Growth (YoY)	+6.3%	+10.8%	+38.9%	+50.9%	+25.9%
Revenues Before Loan Losses	1.83B	1.69B	1.46B	1.07B	0.81B
Interest Income on Loans	3.25B	2.89B	2.19B	1.32B	0.87B
Net Interest Income	1.28B	1.15B	0.97B	0.80B	0.59B
Net Interest Income Growth (YoY)	+11.5%	+18.7%	+20.7%	+36.7%	-4.6%
Non-Interest Income Growth (YoY)	+1.6%	+10.2%	+82.1%	+20.6%	+24.2%
Total Non-Interest Income	554.10M	545.19M	494.93M	271.78M	225.31M
Other Non-Interest Income	444.77M	352.87M	292.41M	253.61M	192.90M
Gain (Loss) on Sale of Assets	26.38M	22.21M	71.70M	3.67M	20.38M
Gain (Loss) on Sale of Equity Investments	4.86M	35.42M	30.43M	7.05M	-3.36M
Gain (Loss) on Sale of Investments	78.09M	134.70M	100.40M	7.45M	15.39M
Expenses & Provisions
Selling, General & Administrative	187.96M	169.81M	151.43M	95.68M	83.28M
Interest Paid on Deposits	1.97B	1.74B	1.23B	0.52B	0.29B
Total Non-Interest Expense	625.80M	601.30M	516.76M	350.09M	309.04M
Provision for Loan Losses	161.44M	120.00M	41.42M	50.19M	133.47M
Salaries and Employee Benefits	346.39M	347.31M	286.75M	209.08M	183.98M
Occupancy Expenses	91.46M	84.18M	78.58M	45.32M	41.78M
Asset Writedown	—	—	-2.95M	-11.89M	-1.90M
Profitability & Returns
EBT Excluding Unusual Items	1.05B	0.97B	0.90B	0.67B	0.37B
Pretax Income	910.71M	815.55M	826.92M	532.48M	366.61M
Profit Margin	+36.7%	+36.8%	+39.6%	+33.6%	+35.3%
Net Income	632.11M	601.80M	584.52M	357.72M	243.41M
Net Income to Common	613.20M	579.18M	562.79M	343.20M	239.33M
Net Income Growth	+5.0%	+3.0%	+63.4%	+47.0%	+64.0%
Earnings From Continuing Ops.	720.26M	641.91M	675.10M	434.60M	310.14M
Minority Interest in Earnings	-88.15M	-40.11M	-90.59M	-76.89M	-66.72M
Income Tax Expense	190.45M	173.64M	151.82M	97.88M	56.47M
Effective Tax Rate	+20.9%	+21.3%	+18.4%	+18.4%	+15.4%
Per Share & Capital
EPS (Basic)	0.04	0.03	0.03	0.03	0.02
EPS (Diluted)	0.04	0.03	0.03	0.03	0.02
EPS Growth	+5.8%	+3.0%	+29.6%	+25.7%	+61.2%
Dividend Per Share	0.02	0.02	0.02	0.01	0.01
Shares Change (YoY)	0	-0	0.27	0.14	0
Shares Outstanding (Basic)	17.20B	17.20B	17.21B	13.60B	11.92B
Shares Outstanding (Diluted)	17.20B	17.20B	17.21B	13.60B	11.92B
Dividend Growth	+17.6%	+20.0%	+47.8%	+35.3%	+32.8%
Free Cash Flow	0.44B	2.56B	-0.24B	0.38B	-1.09B
Free Cash Flow Margin	+26.4%	+162.8%	-17.0%	+37.1%	-161.5%
Free Cash Flow Per Share	0.03	0.15	-0.01	0.03	-0.09
Payout Ratio	+60.5%	+53.9%	+62.5%	+32.4%	+32.9%
Preferred Dividends & Other Adjustments	18.91M	22.63M	21.73M	14.52M	4.08M
Supplemental
Other Unusual Items	-135.37M	-155.32M	-72.81M	-127.63M	—