The National Bank of Bahrain announced an increase of 2% in the net profit that returns to shareholders to 28.1 million Bahraini dinars (74.5 million US dollars), for the period of the first quarter ending on March 31, 2025, compared to 27.5 million Bahraini dinars (72.9 million US dollars) for the same period in the year 2024. The high net profit is mainly attributed to the rise in operational income supported by the stability of operational expenses.
The profitability of one stock maintained the same rate last year, as it reached 12 Bahraini fils (3 American cents) for the first quarter of the year 2025.
The total comprehensive income returning to the shareholders of the National Bank of Bahrain during the first quarter witnessed a decrease of 36% to 20.4 million Bahraini dinars (54.1 million US dollars), compared to 32.0 million Bahraini dinars (84.9 million US dollars) for the same period in the year 2024. This decrease is mainly attributed to the movements of the market value of sovereign bonds and the portfolios.
Public budget
The total shareholders ’rights of the group decreased by 7% to reach 545.0 million Bahraini dinars (1,445.6 million US dollars) as it is on March 31, 2025, compared to 583.8 million Bahraini dinars (1,548.6 million US dollars) as it is on December 31, 2024. This change reflects the proactive distribution of value to our shareholders after approval of the cash dividends for the end of 2024 It is 56.4 million Bahraini dinars, and announced at the annual general assembly meeting during the first quarter. This change in rights was expected, as it emphasizes our continuous commitment to achieving strong returns for our shareholders while maintaining a strong capitalist center.
The total assets of the group increased during the first quarter by 8% to reach 5,942.4 million Bahraini dinars (15,762.3 million US dollars), compared to 5,522.2 million Bahraini dinars (14,647.8 million US dollars) as it is on December 31, 2024.
Suspension
On this occasion, Mrs. Hala Yatim, Chairman of the National Bank of Bahrain, stated: “We have witnessed a strong start for 2025, as we achieved the highest quarterly profit for the group ever at a value of 28.1 million Bahraini dinars, an increase of 2% compared to the same period last year. Also, total assets reached a new record level exceeding 5.9 billion Bahraini dinars, which reflects a strong growth of 8% since the end of the year. These results – supported by the average annual return on the rights of shareholders at a value of 19.6% – the ongoing ability of the National Bank of Bahrain to achieve added value for shareholders.
For his part, Mr. Othman Ahmed, CEO of the National Bank of Bahrain Group, said: “The National Bank of Bahrain witnessed operating profits of 34.3 million Bahraini dinars in the first quarter, an increase of 16% over the same period last year. And the continuity of updating our products offers and also emphasizes the success of our strategy to expand regionally.
The National Bank of Bahrain notes the shareholders that the financial financial statements and the press news are available on the website of the Bahrain Stock Exchange.
The shares of the National Bank of Bahrain are traded on the Bahrain Stock Exchange under the trading code: NBB.
