National Bank Of Kuwait

National Bank of Kuwait K.S.C.

NBKStocksBoursa 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
Operations
Operating Cash Flow	-2.84B	1.57B	-0.25B	-1.50B	-0.78B
Free Cash Flow	-2.90B	1.51B	-0.30B	-1.56B	-0.83B
Capital Expenditures	-61.62M	-52.10M	-56.26M	-61.51M	-56.12M
Investing & Financing
Investing Cash Flow	-1.32B	-0.90B	-1.25B	-1.31B	-0.22B
Financing Cash Flow	3.71B	0.27B	0.56B	3.05B	2.18B
Dividends Paid	-222.64M	-299.68M	-286.33M	-309.42M	-156.89M
Share Repurchase	-228.85M	—	—	—	-210.70M
Operating Activities
Operating Cash Flow	-2.84B	1.57B	-0.25B	-1.50B	-0.78B
Net Income	575.65M	600.12M	560.62M	509.09M	362.25M
Change in Other Net Operating Assets	-3.59B	0.81B	-0.97B	-2.11B	-1.30B
Net Increase (Decrease) in Deposit Accounts	3.90B	0.41B	0.78B	3.32B	1.80B
Other Operating Activities	56.47M	22.20M	11.82M	18.81M	-3.90M
Provision for Credit Losses	38.72M	87.24M	81.77M	5.35M	120.84M
Depreciation & Amortization	52.82M	48.55M	45.96M	40.57M	35.70M
Cash Income Tax Paid	72.49M	55.90M	39.59M	33.86M	28.50M
Total Asset Writedown	32.23M	3.85M	21.31M	33.53M	11.69M
Investing Activities
Investing Cash Flow	-1.32B	-0.90B	-1.25B	-1.31B	-0.22B
Capital Expenditures	-61.62M	-52.10M	-56.26M	-61.51M	-56.12M
Cash Acquisitions	—	-2.71M	-11.88M	-7.89M	4.42M
Divestitures	—	—	—	25.60M	—
Investment in Securities	-1.26B	-0.85B	-1.15B	-1.26B	-0.20B
Other Investing Activities	3.00M	2.69M	2.57M	2.27M	2.40M
Sale of Property, Plant and Equipment	0.28M	1.07M	1.82M	2.73M	0.59M
Gain (Loss) on Sale of Investments	-6.43M	-4.62M	-0.01M	6.48M	-0.04M
Financing Activities
Financing Cash Flow	3.71B	0.27B	0.56B	3.05B	2.18B
Common Dividends Paid	-222.64M	-299.68M	-286.33M	-309.42M	-156.89M
Issuance of Common Stock	244.04M	—	—	—	210.44M
Repurchase of Common Stock	-228.85M	—	—	—	-210.70M
Long-Term Debt Issued	273.45M	175.71M	86.29M	199.56M	464.40M
Long-Term Debt Repaid	-231.08M	—	—	-229.24M	—
Net Debt Issued (Repaid)	42.38M	175.71M	86.29M	-29.68M	464.40M
Other Financing Activities	-23.78M	-18.71M	-15.69M	67.39M	68.97M
Free Cash Flow & Returns
Free Cash Flow	-2.90B	1.51B	-0.30B	-1.56B	-0.83B
Free Cash Flow Margin	-234.7%	+130.0%	-27.9%	-158.6%	-108.8%
Free Cash Flow Per Share	-0.33	0.17	-0.04	-0.18	-0.10
Net Cash Flow	-0.44B	0.94B	-0.94B	0.24B	1.18B

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
Operations
Operating Cash Flow	-2.84B	1.57B	-0.25B	-1.50B	-0.78B
Free Cash Flow	-2.90B	1.51B	-0.30B	-1.56B	-0.83B
Capital Expenditures	-61.62M	-52.10M	-56.26M	-61.51M	-56.12M
Investing & Financing
Investing Cash Flow	-1.32B	-0.90B	-1.25B	-1.31B	-0.22B
Financing Cash Flow	3.71B	0.27B	0.56B	3.05B	2.18B
Dividends Paid	-222.64M	-299.68M	-286.33M	-309.42M	-156.89M
Share Repurchase	-228.85M	—	—	—	-210.70M
Operating Activities
Operating Cash Flow	-2.84B	1.57B	-0.25B	-1.50B	-0.78B
Net Income	575.65M	600.12M	560.62M	509.09M	362.25M
Change in Other Net Operating Assets	-3.59B	0.81B	-0.97B	-2.11B	-1.30B
Net Increase (Decrease) in Deposit Accounts	3.90B	0.41B	0.78B	3.32B	1.80B
Other Operating Activities	56.47M	22.20M	11.82M	18.81M	-3.90M
Provision for Credit Losses	38.72M	87.24M	81.77M	5.35M	120.84M
Depreciation & Amortization	52.82M	48.55M	45.96M	40.57M	35.70M
Cash Income Tax Paid	72.49M	55.90M	39.59M	33.86M	28.50M
Total Asset Writedown	32.23M	3.85M	21.31M	33.53M	11.69M
Investing Activities
Investing Cash Flow	-1.32B	-0.90B	-1.25B	-1.31B	-0.22B
Capital Expenditures	-61.62M	-52.10M	-56.26M	-61.51M	-56.12M
Cash Acquisitions	—	-2.71M	-11.88M	-7.89M	4.42M
Divestitures	—	—	—	25.60M	—
Investment in Securities	-1.26B	-0.85B	-1.15B	-1.26B	-0.20B
Other Investing Activities	3.00M	2.69M	2.57M	2.27M	2.40M
Sale of Property, Plant and Equipment	0.28M	1.07M	1.82M	2.73M	0.59M
Gain (Loss) on Sale of Investments	-6.43M	-4.62M	-0.01M	6.48M	-0.04M
Financing Activities
Financing Cash Flow	3.71B	0.27B	0.56B	3.05B	2.18B
Common Dividends Paid	-222.64M	-299.68M	-286.33M	-309.42M	-156.89M
Issuance of Common Stock	244.04M	—	—	—	210.44M
Repurchase of Common Stock	-228.85M	—	—	—	-210.70M
Long-Term Debt Issued	273.45M	175.71M	86.29M	199.56M	464.40M
Long-Term Debt Repaid	-231.08M	—	—	-229.24M	—
Net Debt Issued (Repaid)	42.38M	175.71M	86.29M	-29.68M	464.40M
Other Financing Activities	-23.78M	-18.71M	-15.69M	67.39M	68.97M
Free Cash Flow & Returns
Free Cash Flow	-2.90B	1.51B	-0.30B	-1.56B	-0.83B
Free Cash Flow Margin	-234.7%	+130.0%	-27.9%	-158.6%	-108.8%
Free Cash Flow Per Share	-0.33	0.17	-0.04	-0.18	-0.10
Net Cash Flow	-0.44B	0.94B	-0.94B	0.24B	1.18B