Combined net profit at the seven banks listed on the Muscat Stock Exchange rose to OMR455 million in the first nine months of 2026, up from OMR420.6 million in the same period last year.
The figures come from preliminary results the banks posted on the exchange’s website, compiled by Times of Oman.
Bank Muscat, the country’s largest lender, earned OMR209.1 million, compared with OMR191.5 million a year earlier.
Sohar International reported net profit of OMR77.6 million, up from OMR70.7 million. National Bank of Oman posted OMR57.5 million, against OMR51.7 million.
Bank Dhofar’s profit rose to OMR38.8 million from OMR36 million. Ahli Bank’s profit grew 12.5% to OMR36.5 million from OMR32.4 million.
Oman Arab Bank’s consolidated profit increased to OMR28.1 million from OMR23.3 million.
Bank Nizwa was the only lender to report lower earnings. Its profit fell 52% to OMR7 million from OMR14.8 million, as provisions rose to OMR13.6 million from about OMR6.2 million.
Bank Nizwa’s operating expenses climbed to OMR23.8 million from OMR20.8 million, while its operating profit declined to OMR21.5 million from OMR23.3 million.
Total assets at the seven banks rose 13.7% to about OMR50.2 billion at the end of September, from OMR44.1 billion a year earlier.
Bank Muscat held about OMR16 billion of those assets, followed by Sohar International with OMR10.2 billion.
Shareholders’ equity across the banks grew 9.8% to more than OMR7 billion, from OMR6.3 billion.
