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HomeFinancialBahrainBBK Nine-Month Profit Rises 8.8% to BD61.5 Million as Operating Income Climbs...

BBK Nine-Month Profit Rises 8.8% to BD61.5 Million as Operating Income Climbs 15.7%

Bank of Bahrain and Kuwait (BBK) said net profit attributable to shareholders for the first nine months of 2026 rose 8.8% to BD61.5 million from BD56.5 million a year earlier.

Third-quarter net profit attributable to shareholders rose 6.1% to BD19.0 million from BD17.9 million, the bank said in its results statement. Quarterly earnings per share were 11 fils, against 10 fils.

Portrait of BBK group chief executive Yaser Alsharifi in a dark suit and red tie
Yaser Alsharifi, group chief executive of Bank of Bahrain and Kuwait, in a photo published by Al Bilad with the bank’s October 28, 2026 results announcement. Photo: Al Bilad

Nine-month total operating income rose 15.7% to BD137.6 million. Net interest income rose 7.8% to BD95.1 million, and net fees and commissions rose 9.8% to BD16.8 million.

Investment and other income rose 66.9% to BD25.7 million. Operating expenses rose 17.8% to BD64.8 million, and net provisions rose to BD10.6 million from BD7.7 million.

Total comprehensive income attributable to shareholders fell 78% to BD16.9 million for the nine months, which the bank attributed mainly to lower valuations of its investment securities.

Total assets rose 2.3% to BD5.09 billion at the end of September from the end of 2025. Customer deposits rose 2.5% to BD2.93 billion, and net loans and advances rose 2.4% to BD2.41 billion.

Yaser Alsharifi, group chief executive, said the results reflected the strength of the bank’s diversified business model in a challenging operating environment.