GFH profits increased during the first half of 2026, supported by stronger performance across several major business divisions. The financial group reported higher shareholder earnings despite continued uncertainty across regional and international markets.
GFH recorded net profit attributable to shareholders of US$76.20 million during the first six months of 2026. The result represents a 13.33% increase from US$67.24 million during the same period last year.
The group also reported stronger quarterly earnings during the second quarter. Net profit attributable to shareholders reached US$41.09 million, compared with US$37.10 million during the second quarter of 2025.
That quarterly result represented a 10.77% year-over-year increase. Meanwhile, earnings per share reached 1.19 US cents, compared with 1.06 US cents previously.
Total income also increased during the second quarter, reaching US$158.82 million. This represented an 8.75% increase compared with the same quarter last year.
For the full six-month period, total income reached US$309.81 million. That figure represented a 4.40% increase from US$296.75 million recorded during H1 2025.
Consolidated net profit also improved during the period. GFH reported consolidated earnings of US$76.57 million, compared with US$69.72 million previously.
Wealth and Investment Management remained one of the strongest contributors to the group’s performance. The division generated US$132.83 million in income during H1 2026.
That figure represented a 48.37% increase compared with the same period last year. Higher management and performance fees helped drive the division’s growth.
Credit and Financing also delivered stronger results during the first half. The division generated US$69.91 million in income, supported by higher financing and underwriting activity.
Net financing contracts reached US$2.64 billion at the end of June. GFH continued applying disciplined underwriting standards while selectively deploying capital.
Treasury and Proprietary activities generated US$107.07 million in income during the first six months. Fixed-income operations, asset-liability management and trading activities supported the segment.
Selected portfolio exits also contributed gains during the period. Furthermore, GFH acquired strategic exposure to SpaceX through a structured investment transaction.
The group said the SpaceX investment contributed positively to its performance during the quarter. The transaction also reflects GFH’s broader approach to accessing alternative investment opportunities.
GFH continued expanding its investment activities across regional and international markets. The group signed a memorandum with OCTO Management for a US$300 million real estate platform.
The platform will focus on logistics and industrial properties across Saudi Arabia and the United Arab Emirates. GFH also expanded its Saudi logistics strategy through a partnership with Mawten Real Estate.
Additionally, GFH participated as an anchor investor in the dual public offering of Pershing Square entities. The transactions added another international investment opportunity to the group’s portfolio.
GFH Partners also agreed to sell its majority stake in Student Quarters. The transaction involves a major operator within the off-campus student housing market.
Meanwhile, GFH’s total assets continued to increase during the first half. Assets reached US$12.44 billion at June 30, compared with US$12.20 billion at the end of 2025.
The increase represented growth of approximately 1.97% since the beginning of the year. However, total equity attributable to shareholders declined slightly to US$1.01 billion.
GFH currently manages approximately US$24 billion in assets and funds. Its global investment portfolio covers the GCC, the United States and Europe.
The portfolio spans industrial and logistics properties, healthcare, education, technology, infrastructure and real estate. This diversification supports the group’s strategy of developing multiple income sources.
The group also received a stable assessment from Fitch Ratings during the reporting period. Fitch maintained GFH’s long-term and short-term ratings at B.
The stable outlook provides additional support as GFH continues managing changing market conditions. Nevertheless, management acknowledged ongoing geopolitical and economic uncertainty.
These conditions have affected investor sentiment, transaction activity and the timing of investment deals. However, GFH said its diversified operations helped strengthen resilience during the period.
The group also maintained a cautious approach toward liquidity, capital allocation and risk management. At the same time, management continued pursuing opportunities with attractive risk-adjusted returns.
Looking ahead, GFH plans to increase its fee-generating assets during the second half. The group also expects to selectively expand its financing portfolio.
Furthermore, management intends to optimize capital deployment across treasury and investment activities. The company will continue monitoring market conditions while pursuing opportunities that support recurring income.
GFH profits therefore gained momentum during the first half of 2026. Stronger wealth management and financing income played an important role in the improved results.
The group also continued advancing its environmental, social and governance initiatives. These programs focused on health, employee development, education, entrepreneurship and community welfare.
During the second quarter, GFH supported a community running event that attracted nearly 1,000 participants. The group also continued employee development through its internal learning program.
Additionally, GFH supported student entrepreneurship initiatives and education projects in Bahrain. Its foundation also helped furnish more than 20 homes for families facing difficult circumstances.
Overall, the first half delivered stronger earnings alongside continued investment expansion. GFH now enters the second half focused on recurring income and disciplined growth.
GFH profits could receive further support from diversified investments and stronger fee-generating activities. However, market volatility and geopolitical developments will remain important considerations for future performance.
