Qatar National Bank (Q.P.S.C.) (QNBK) investor relations material

Executive summary

• Net profit for 2025 reached QAR 17 billion ($4.7 billion), up 2% year-over-year; excluding global minimum tax impact, net profit rose 10%.

• Maintains #1 position in Middle East and Africa by assets, loans, deposits, and net profit, with a market cap of $46.7B and assets of $382.2B as of December 2025.

• Board recommended a total dividend of QAR 0.725 per share for 2025, subject to approvals.

• Brand value increased 11% to $9.4B, ranked 39th globally, and holds top-tier credit ratings (Aa2/A+/A+).

• Consolidated financial statements for the year ended 31 December 2025 were audited and present fairly in accordance with IFRS.

Financial highlights

• Operating income increased 8% to QAR 44.8 billion ($12.3 billion); total assets up 7% to QAR 1.39 trillion ($382 billion).

• Loans and advances grew 12% to QAR 1.02 trillion ($280 billion); customer deposits rose 8% to QAR 955 billion.

• Net interest margin at 2.67%; cost-to-income ratio at 23.3%, among the best in the region.

• NPL ratio at 2.6% with 100% coverage; total equity increased 10% to QAR 125 billion.

• Basic and diluted EPS increased to QAR 1.74; ROAA at 1.26%; ROAE at 16.7%.

Outlook and guidance

• Group profitability growth for 2026 guided at 6%-8%; loans and deposits expected to grow 7%-9%.

• Focus on sustainable and profitable growth, digital transformation, and expanding international presence.

• NIM expected to contract slightly to 260-265 bps in 2026, with cost of risk at 80-85 bps.

• International profit contribution increased to 38% of total, with strong growth in loans and deposits from international operations.

• International assets and profit contribution targeted above 40% and 45%, respectively, over 3-4 years.