{
  "id": 16071968,
  "title": "Lesha Bank nine-month profits jumps 50.2% to QR210.4mn",
  "url": "https://urgent.news/2026/10/22/lesha-bank-nine-month-profits-jumps-50-2-to-qr210-4mn",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T16:16:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/736417/business/lesha-bank-nine-month-profits-jumps-502-to-qr2104mn"
  },
  "original_language": "en",
  "account": "Lesha Bank has seen a significant surge in its profits, with a 50.2% rise in net profit to QR210.4mn for the nine-month period ending September 30. This impressive growth comes as the bank continues its streak of consistent earnings expansion. The impressive results are bolstered by a remarkable 101% increase in assets under management (AUM) to QR23.6bn, driven by consistent client inflows and well-executed capital deployment.\n\nThe bank's overall financial health has also seen a boost, with total assets and investments growing by 29.7% and 6.7% respectively, to QR10.3bn and QR4.6bn. This disciplined scaling of capital is in line with the bank's strategic approach, which focuses on a diversified asset mix. Total income has also increased by a substantial 57.7% to QR399.5mn, while total equity has risen by 4.8% to QR1.5bn.\n\nThe bank's efficiency in capital and asset utilization is evident from the return on average equity and assets, which are 18.3% and 3.1% respectively. These strong financial metrics underscore the bank's ability to generate resilient returns across varying market conditions. Lesha Bank Chairman, His Excellency Sheikh Faisal bin Thani al-Thani, highlighted that these results reinforce the bank's strategic direction and its commitment to building a balanced, asset-backed platform that can withstand market fluctuations. The bank's long-term value creation objectives, underpinned by robust governance, adherence to Shariah principles, and disciplined capital management, remain at the forefront. The bank's GCEO, Mohammed Ismail al-Emadi, noted that the performance was a result of meticulous capital deployment into high-potential opportunities, effective asset management, and a growing client base, all of which contributed to the bank's AUM growth and a more stable income stream. Looking ahead, the bank is poised to leverage its strong capital base to capitalize on further opportunities in the coming quarters.",
  "summary": "Lesha Bank has reported a net profit of QR210.4mn attributable to the equity holders of the bank for the nine-month period ending September 30, representing a 50.2% increase compared to the same perio...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}