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

Executive summary

• 9M 2026 profit for the period was QAR13,576,661 thousand, up from QAR13,081,192 thousand YoY; profit before hyperinflation was QAR16.4bn, up 8%.

• Operating income rose 8% to QAR35,433,169 thousand; total assets reached QAR1,463,808,040 thousand at 30 September 2026.

• FY profit growth guidance was lowered to 4%-6%; international operations, particularly Egypt and Türkiye, are expected to support growth.

Financial highlights

• 9M net interest income was QAR28,389,819 thousand, up from QAR26,464,380 thousand YoY; Q3 operating income was QAR11,745,786 thousand and quarterly profit was QAR4,726,364 thousand.

• At 30 September 2026, net loans and advances were QAR1,061,026,819 thousand, customer deposits QAR979,436,046 thousand and total equity QAR133,772,037 thousand.

• 9M basic and diluted EPS was QAR1.37, versus QAR1.31 YoY; Q3 EPS was QAR0.48, versus QAR0.45.

• 9M net ECL/impairment losses on customer loans were QAR5,876,633 thousand, versus QAR6,549,859 thousand YoY; Q3 loan impairment losses were QAR2,001,373 thousand.

• 9M total comprehensive income declined to QAR13,075,808 thousand from QAR15,331,828 thousand, including QAR1,775,873 thousand in foreign-currency translation losses.

Outlook and guidance

• FY profit growth guidance was cut from 5%-7% to 4%-6%; loans and assets guidance was reduced from 6%-8% to 5%-7%, and deposit growth guidance was 3%-4%.

• FY NIM guidance remained 260-265 bps and cost-of-risk guidance 70-75 bps; a 100 bps rate increase was estimated to add QAR600m-QAR800m to net interest income at full impact.

• Qatar loans were expected to grow 2%-3% through year-end; international operations, particularly Türkiye and Egypt, were expected to drive more loan growth.

• Türkiye FY local-currency guidance: profitability +10%-15%, loans +30%-35%, deposits +25%-30% and assets +25%-30%; Egypt profitability guidance was raised to 22%-24%, with loan growth of 24%-26%.

• Priorities include sustainable profitable growth, deeper customer relationships, stronger services and capabilities, operating efficiency and sustainable shareholder returns.