Warba Bank

Warba Bank KSC

WARBABANKStocksBoursa 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	-752.77M	75.64M	41.60M	-504.30M	24.80M
Free Cash Flow	-797.89M	70.13M	38.26M	-506.61M	22.89M
Capital Expenditures	-45.12M	-5.51M	-3.34M	-2.31M	-1.91M
Investing & Financing
Investing Cash Flow	-303.49M	-80.39M	-95.15M	-13.68M	-34.50M
Financing Cash Flow	713.95M	238.69M	219.95M	334.98M	52.13M
Dividends Paid	-5.46M	-3.08M	-8.23M	-4.53M	-5.77M
Share Repurchase	—	—	—	-45.11M	-30.90M
Operating Activities
Operating Cash Flow	-752.77M	75.64M	41.60M	-504.30M	24.80M
Net Income	49.62M	22.40M	19.67M	19.29M	15.96M
Change in Other Net Operating Assets	-788.72M	44.95M	23.27M	-531.28M	-8.86M
Net Increase (Decrease) in Deposit Accounts	361.01M	241.92M	232.66M	385.56M	-64.54M
Other Operating Activities	-30.39M	-9.69M	-9.57M	-22.68M	-48.16M
Provision for Credit Losses	11.40M	9.36M	1.11M	23.22M	42.64M
Depreciation & Amortization	6.40M	7.53M	5.78M	6.45M	6.03M
Cash Interest Paid	187.30M	189.87M	169.90M	69.87M	69.87M
Cash Income Tax Paid	1.06M	1.12M	0.74M	0.76M	0.23M
Total Asset Writedown	-0.70M	1.19M	1.13M	0.01M	0.56M
Investing Activities
Investing Cash Flow	-303.49M	-80.39M	-95.15M	-13.68M	-34.50M
Capital Expenditures	-45.12M	-5.51M	-3.34M	-2.31M	-1.91M
Cash Acquisitions	-230.83M	—	—	—	—
Investment in Securities	-44.01M	-45.60M	-98.29M	-21.00M	-51.69M
Other Investing Activities	16.45M	6.65M	4.83M	6.46M	5.45M
Sale of Property, Plant and Equipment	16.00K	—	—	—	1.00K
Gain (Loss) on Sale of Assets	—	—	—	—	-1.00K
Gain (Loss) on Sale of Investments	-0.38M	-0.09M	0.21M	0.70M	16.61M
Financing Activities
Financing Cash Flow	713.95M	238.69M	219.95M	334.98M	52.13M
Common Dividends Paid	-5.46M	-3.08M	-8.23M	-4.53M	-5.77M
Issuance of Common Stock	513.51M	—	—	—	158.68M
Repurchase of Common Stock	—	—	—	-45.11M	-30.90M
Long-Term Debt Issued	—	155.69M	—	2.03M	—
Long-Term Debt Repaid	-154.36M	-155.85M	-4.49M	-2.98M	-4.72M
Net Debt Issued (Repaid)	-154.36M	-0.16M	-4.49M	-0.94M	-4.72M
Other Financing Activities	-734.00K	—	—	—	-622.00K
Free Cash Flow & Returns
Free Cash Flow	-797.89M	70.13M	38.26M	-506.61M	22.89M
Free Cash Flow Growth	—	+83.3%	—	—	—
Free Cash Flow Margin	-794.3%	+97.6%	+62.0%	-914.1%	+48.3%
Free Cash Flow Per Share	-0.21	0.03	0.02	-0.22	0.01
Operating Cash Flow Growth	—	+81.8%	—	—	—
Net Cash Flow	-342.30M	233.94M	166.39M	-183.00M	42.43M

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
Operations
Operating Cash Flow	-752.77M	75.64M	41.60M	-504.30M	24.80M
Free Cash Flow	-797.89M	70.13M	38.26M	-506.61M	22.89M
Capital Expenditures	-45.12M	-5.51M	-3.34M	-2.31M	-1.91M
Investing & Financing
Investing Cash Flow	-303.49M	-80.39M	-95.15M	-13.68M	-34.50M
Financing Cash Flow	713.95M	238.69M	219.95M	334.98M	52.13M
Dividends Paid	-5.46M	-3.08M	-8.23M	-4.53M	-5.77M
Share Repurchase	—	—	—	-45.11M	-30.90M
Operating Activities
Operating Cash Flow	-752.77M	75.64M	41.60M	-504.30M	24.80M
Net Income	49.62M	22.40M	19.67M	19.29M	15.96M
Change in Other Net Operating Assets	-788.72M	44.95M	23.27M	-531.28M	-8.86M
Net Increase (Decrease) in Deposit Accounts	361.01M	241.92M	232.66M	385.56M	-64.54M
Other Operating Activities	-30.39M	-9.69M	-9.57M	-22.68M	-48.16M
Provision for Credit Losses	11.40M	9.36M	1.11M	23.22M	42.64M
Depreciation & Amortization	6.40M	7.53M	5.78M	6.45M	6.03M
Cash Interest Paid	187.30M	189.87M	169.90M	69.87M	69.87M
Cash Income Tax Paid	1.06M	1.12M	0.74M	0.76M	0.23M
Total Asset Writedown	-0.70M	1.19M	1.13M	0.01M	0.56M
Investing Activities
Investing Cash Flow	-303.49M	-80.39M	-95.15M	-13.68M	-34.50M
Capital Expenditures	-45.12M	-5.51M	-3.34M	-2.31M	-1.91M
Cash Acquisitions	-230.83M	—	—	—	—
Investment in Securities	-44.01M	-45.60M	-98.29M	-21.00M	-51.69M
Other Investing Activities	16.45M	6.65M	4.83M	6.46M	5.45M
Sale of Property, Plant and Equipment	16.00K	—	—	—	1.00K
Gain (Loss) on Sale of Assets	—	—	—	—	-1.00K
Gain (Loss) on Sale of Investments	-0.38M	-0.09M	0.21M	0.70M	16.61M
Financing Activities
Financing Cash Flow	713.95M	238.69M	219.95M	334.98M	52.13M
Common Dividends Paid	-5.46M	-3.08M	-8.23M	-4.53M	-5.77M
Issuance of Common Stock	513.51M	—	—	—	158.68M
Repurchase of Common Stock	—	—	—	-45.11M	-30.90M
Long-Term Debt Issued	—	155.69M	—	2.03M	—
Long-Term Debt Repaid	-154.36M	-155.85M	-4.49M	-2.98M	-4.72M
Net Debt Issued (Repaid)	-154.36M	-0.16M	-4.49M	-0.94M	-4.72M
Other Financing Activities	-734.00K	—	—	—	-622.00K
Free Cash Flow & Returns
Free Cash Flow	-797.89M	70.13M	38.26M	-506.61M	22.89M
Free Cash Flow Growth	—	+83.3%	—	—	—
Free Cash Flow Margin	-794.3%	+97.6%	+62.0%	-914.1%	+48.3%
Free Cash Flow Per Share	-0.21	0.03	0.02	-0.22	0.01
Operating Cash Flow Growth	—	+81.8%	—	—	—
Net Cash Flow	-342.30M	233.94M	166.39M	-183.00M	42.43M