Kuwait International Bank (KIB) said net profit attributable to shareholders rose 30% to KWD26.6 million in the nine months to September 30, 2026, from KWD20.4 million a year earlier.
Third-quarter net profit attributable to shareholders was about KWD9 million, up 62% from the same quarter of 2025, Chairman Sheikh Mohammed Jarrah Al-Sabah said in a statement on Saturday.
Earnings per share for the nine months rose to 13.51 fils from 9.98 fils.
Total operating income increased 7% to KWD69 million. Net fee and commission income climbed 33% to KWD10.3 million from KWD7.7 million. Net investment income rose 4% to KWD4.5 million from KWD4.3 million.
Total assets grew 8% to KWD4.74 billion at the end of September, from KWD4.37 billion a year earlier. The financing portfolio rose 8%, or KWD269 million, to KWD3.48 billion.
The investment portfolio, which includes sukuk, grew 12% to about KWD582.7 million from KWD520.4 million.
Customer deposits rose 2% to KWD3.08 billion from KWD3.03 billion. Shareholders’ equity edged up 1% to KWD374 million.
The Boursa Kuwait-listed lender reported a total capital adequacy ratio of 20.32% under Basel III rules and a liquidity coverage ratio of 238.1% at September 30.
In September, KIB priced its debut $500 million five-year senior unsecured sukuk under a $1.5 billion program. Orders reached about $1.2 billion, and the profit rate was set at 5.502% a year, 95 basis points over US Treasuries.
Vice Chairman and Chief Executive Raed Jawad Bukhamseen said the bank had expanded its activity in regional capital markets. Its investment arm, KIB Invest, acted as a joint lead manager on a $2.75 billion Saudi government-guaranteed sukuk issued by Saudi Real Estate Refinance Company.
Kuwaiti daily Al Jarida also reported the results on Saturday.
