REG - Bank of Bahrain& Ku. - Annual Financial Report

HSBC HoldingsAnnouncement

24/02/2026 14:00

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RNS Number : 2139U  Bank of Bahrain & Kuwait (B.S.C.)  24 February 2026

 

 

 

BBK discloses its financial results for the year ended

 31(st) December 2025

BBK (trading code BBK) announces its financial results for the year ended
31(st) December 2025, recording a net profit attributable to the owners of the
Bank of BD 80.0 million and BD 23.5 million for the fourth quarter then ended.

 

For the fourth quarter of 2025:

The Bank achieved a net profit attributable to the owners of the Bank of BD
23.5 million, registering a growth of 23.7% compared to the net profit of BD
19.0 million achieved during the corresponding period of last year. The basic
and diluted earnings per share for the fourth quarter amounted to 13 fils
compared to 11 fils during the previous year.

 

Total comprehensive income attributable to the owners of the Bank amounted to
BD 25.5 million during the fourth quarter of 2025, compared to BD 11.8 million
during the same period of last year, representing a significant increase of
116.1%. The growth  is mainly due to higher movement during the quarter in
unrealized gain in fair value reserves relating to debt instruments and equity
investments compared to the same period last year, as well as higher reported
net profit.

 

For the full financial year ended 31(st) December 2025:

BBK achieved a new high record net profit attributable to the owners of the
Bank of BD 80.0 million compared to BD 72.0 million achieved during the
previous year, an increase of 11.1%. The basic and diluted earnings per share
amounted to 44 fils compared to 40 fils for the prior year.

 

The total comprehensive income attributable to the owners of the Bank for the
year 2025 amounted to BD 102.2 million, compared to BD 69.5 million reported
during last year, an increase of 47.1%. The increase is mainly related to
positive market valuations, and higher net profit.

 

The increase in net profit was mainly attributable to an increase in the net
fees and commission income from BD 19.5 million to BD 22.1 million, recording
a growth of 13.3%, while investment and other income experienced a growth of
6.1%, increasing from BD 19.8 million to BD 21.0 million, reflecting the
Bank's dynamic business model and its efforts to diversify income from
non-interest income streams. In addition, the Bank's share from associates and
joint ventures recorded a profit of BD 1.5 million compared to a loss of BD
2.7 million reported during 2024. Net provisions and impairments declined by
60.7% from BD 17.3 million to BD 6.8 million reported in 2025, reflecting the
Bank's active management of credit risk and distressed exposures. On the other
hand, net interest income declined by 5.9% at BD 117.2 million compared to BD
124.6 million. Total operating expenses increased by 3.9% from BD 71.3 million
to BD 74.1 million, mainly due to the implementation of strategic initiatives
and investments in human capital to support the implementation of various
strategic and business initiatives aimed at providing our customers with the
best banking experience.

 

 

Total shareholders' equity attributable to the owners of the Bank increased to
BD 657.5 million as of end of December 2025, compared to BD 620.8 million as
of end of the financial year 2024, an increase of 5.9%. The increase is mainly
related to the positive movement in investment securities' market valuations
and higher reported net profit.

 

Total assets increased by 18.6% to reach BD 4,974.3 million as of end of
December 2025 compared to BD 4,192.6 million reported at end of financial year
2024. Deposits and amounts due from banks and other financial institutions
increased by 73.1% to stand at BD 290.6 million (31(st) December 2024: BD
167.9 million); net loans and advances increased by 31.5% to BD 2,358.5
million (31(st) December 2024: BD 1,794.1 million); while investment
securities portfolio recorded a growth of 26.8% to BD 1,190.9 million (31(st)
December 2024: BD 939.4 million). On the other hand, Cash and balances with
central banks was lower by 14.7%, to stand at BD 586.6 million (31(st)
December 2024: BD 687.7 million). Treasury bills declined by 23.7% to reach BD
304.4 million (31(st) December 2024: BD 399.2 million). However, Customer
deposits recorded a growth of 18.3% to stand at BD 2,853.5 million (31(st)
December 2024: BD 2,411.3 million). Term borrowings increased by 32.2% to
stand at BD 405.3 million (31(st) December 2024: BD 306.5 million), due to the
successful closure of US$500 million, 3-year Club Loan Facility, to support
the Bank's strategic business plans.

 

Following the positive financial results for the year ended 31(st) December
2025, the Board of Directors recommended paying cash dividends of 40 fils per
share (including 12.5 fils interim dividend paid earlier) for the year 2025
for the shareholders registered with the Bank on the record date, subject to
the approval of the regulatory authorities and the shareholders at the Annual
General Meeting (AGM).

 

The Board expressed its satisfaction with the financial results, stating: "BBK
has delivered a solid record performance over the past year despite a
challenging market environment. The result marked a historic milestone for
BBK, delivering the highest net profit on record in the Bank's history. This
exceptional achievement underscores the resilience of our business model, the
effectiveness of our strategic initiatives, and the unwavering commitment of
our management team and employees. Through prudent risk management,
disciplined execution, and a strong focus on customer‑centric innovation,
BBK has continued to strengthen its financial position and enhance shareholder
value. We extend our sincere appreciation to our customers for their trust and
loyalty, to our employees for their dedication and professionalism, to our
management for their leadership, and to our shareholders for their continued
confidence in our vision. Looking ahead, the Board remains confident in the
Bank's ability to navigate future challenges, build on its strong foundations,
and deliver sustainable long‑term value for all stakeholders".

 

BBK's Group Chief Executive, Mr. Yaser Alsharifi, added, "BBK remains sound in
its commitment to a robust business model that aims to deliver value and
excellence to its shareholders and customers. This commitment is reflected in
the noticeable increase in net loans and advances and customer deposits during
the year and in reporting the highest net profit on record in the Bank's
history".

 

 

 

"We note with pride that BBK was awarded the 'Most Trusted Digital Banking
Services Provider in Bahrain' award from World Business Outlook, which affirms
BBK's leadership in digital transformation across both local and regional
banking landscapes. Complementing this recognition, BBK's digital platforms
achieved top Net Promoter Scores (NPS) in Bahrain's retail and corporate
banking segments. In addition, BBK was awarded the 'CX Award 2025' in
recognition of its outstanding distinction in promoting and advancing customer
experience excellence".

 

"In addition, BBK continues to prioritize Environmental, Social and Governance
(ESG) initiatives into its core operations, by launching the "Sustainability
Academy", a strategic initiative aimed at equipping its employees with the
knowledge and skills needed to drive the future of sustainable banking".

 

"Furthermore, we are pleased to announce the successful completion of the
transfer of HSBC Middle East - Bahrain branch retail customers to BBK. The
transfer also included a successful integration of HSBC employees, serving
these clients into BBK's dynamic work environment, reinforcing continuity and
strengthening the Bank's capabilities".

 

"We remain vigilant in navigating the changing economic environment, yet we
are encouraged by the opportunities that lie ahead. Our strategy gives us
confidence in our ability to deliver sustained value for our stakeholders".

 

The full set financial statements and the press release are available on
Bahrain Bourse's website.

 

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