Dukhan Bank (DUBK) investor relations material

Executive summary

• 9M 2026 net profit was QAR 1,192.424mn, up 0.1% YoY; net banking income rose 6.0% to QAR 2.260bn and net operating income increased 7.0%.

• Total assets were QAR 126.8bn at 30 September 2026; customer deposits were QAR 90.0bn and financing assets QAR 94.0bn.

• Capital adequacy strengthened to 19.1%, above the 14.63% regulatory minimum; NPL ratio improved to 3.8%.

• Higher impairment charges offset income growth; 9M net impairment charges were QAR 363.007mn, up 38.6% YoY.

Financial highlights

• 9M total income was QAR 4,720mn, down 2.1% YoY; net fees and commission income rose 6.3% to QAR 266mn.

• Net operating income rose 7.0% to QAR 1,556mn; overhead expenses increased 3.7% to QAR 704mn.

• Financing and investing income declined 3.6% to QAR 4,232mn; finance cost fell to QAR 571.225mn from QAR 744.250mn.

• Fee and commission income fell from QAR 130mn in Q2 to QAR 66mn in Q3; excluding Q2 one-offs, the underlying run rate was broadly steady.

• EPS was QAR 0.215 for 9M 2026, unchanged YoY; Q3 net profit was QAR 379.666mn versus QAR 380.301mn.

Outlook and guidance

• FY balance-sheet growth expected in the low single digits, led by wholesale and private banking; profitability expected to remain broadly flat, with NIM at 2.1%.

• Conservative provisioning and risk-buffer building to continue at least through 2026; cost-of-risk target remains 60–65 bps.

• Strategic priorities include wholesale and private banking growth, expansion in GCC and MENA Islamic finance markets, digital transformation and customer experience.

• Liquidity buffers, disciplined capital and risk management, and funding-cost containment remain priorities; interim results are not necessarily indicative of full-year results.