National Bank of Oman (NBOB) Q3 2026 earnings summary

Executive summary

• YTD Sep 2026 net profit was OMR 57.6m, up 11.2% YoY; total operating income rose 11.3% to OMR 134.8m.

• Gross loans reached OMR 4.71bn, up 8.4% YoY; customer deposits were OMR 4.46bn.

Financial highlights

• Net interest income and Islamic financing income increased 10.5% YoY to OMR 90.7m; net fee and commission income was OMR 21.1m.

• Operating expenses rose 11.0% to OMR 54.6m; operating profit increased 11.5% to OMR 80.2m.

• Net impairment losses were OMR 14.0m, up from OMR 11.0m; profit before tax was OMR 66.2m.

• Net profit was OMR 57.6m vs OMR 51.8m; total comprehensive income was OMR 74.4m vs OMR 66.7m.

Outlook and guidance

• S&P raised Oman’s 2026 real GDP growth forecast to 3.5% from 1.6%; fiscal surplus was projected at 4.8% of GDP.