Dukhan Bank (DUBK) Q4 2025 earnings summary

Executive summary

• Achieved record net profit of QAR 1.41 billion for FY 2025, up 5% year-over-year, with strong asset quality, prudent risk management, and operational efficiency.

• Total assets reached QAR 123.8 billion, driven by growth in financing assets and investment securities.

• Maintained robust liquidity and capital adequacy, with a focus on digital innovation, Sharia-compliant solutions, and sustainability.

• Dividend distribution for 2025 set at QAR 0.16 per share, yielding over 4.5% and representing 16% of paid-up capital.

• Consolidated financial statements for 2025 were audited with no material misstatements or breaches of law.

Financial highlights

• Net profit rose 5% year-over-year to QAR 1.41 billion; net banking income increased 6% year-over-year.

• Total assets reached QAR 123.8 billion; financing assets at QAR 90 billion (73% of total assets); customer deposits at QAR 87.8 billion.

• Investment securities grew to QAR 25 billion, mainly from government-related sukuk.

• CASA deposits grew 21% year-over-year.

• Earnings per share was QAR 0.227 for 2025.

Outlook and guidance

• Expect mid-single digit balance sheet growth in 2026, aligned with GDP trajectory, led by wholesale and private banking.

• Profitability growth to mirror balance sheet growth, with stable NIMs and cost of risk around 55-60 bps.

• ROE targeted to rise from 11% to 13% in two years, reaching 14%-15% in five years.

• Cost-to-income ratio guidance at 30% for 2026, aiming for mid-20s over five years.

• The Group continues to monitor geopolitical and regulatory impacts, with no material impact expected.