QNB Group net profit rises 4 percent in first nine months of 2026
The net profit of the QNB Group for the first nine months of 2026 increased by 4 percent to reach QAR 13.3 billion in comparison to QAR 12.8 billion for the same period of the previous year. According...
In the first nine months of 2026, the QNB Group reported a 4 percent increase in net profit, reaching QAR 13.3 billion compared to QAR 12.8 billion during the same period last year. The bank's earnings per share rose to QAR 1.37 as of September 30, 2026, up from QAR 1.31 for the same period in 2025, according to a statement on the Qatar Stock Exchange website.
The bank attributed its higher net profit to increased operating income, while total assets grew by 5 percent to QAR 1.46 trillion. Group Chief Executive Officer Abdulla Mubarak Al-Khalifa commented on the results, stating that the bank's performance for the nine-month period ending September 2026 demonstrates the strength of its franchise and its commitment to delivering results.
The international reach and strong customer relationships position the bank to support businesses as they invest and grow, while its financial strength allows it to pursue value-adding opportunities with confidence.
As the bank enters the final quarter, Al-Khalifa remains focused on continued growth and delivering sustainable returns for shareholders. The bank plans to continue building customer relationships and investing in services and capabilities that strengthen its competitiveness, supported by the operating discipline that underpins its performance.
Written by urgent.news from Gulf Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
