Khaleeji Bank B.S.C. (trading code (KHALEEJI)) announced its financial results for the third quarter of the year 2025 AD, as the bank achieved net profits attributable to shareholders amounting to 2.394 million Bahraini dinars compared to 1.896 million Bahraini dinars in the third quarter of the year 2024 AD, an increase of 26.27%, while earnings per share amounted to 2.21 fils compared to 1.75 fils. For the same period last year, the total comprehensive income attributable to the shareholders of the parent company for the third quarter of 2025 amounted to 3,714 million Bahraini dinars, compared to 3,420 million Bahraini dinars recorded for the same period last year, i.e. an increase of 8.60%. Total revenues for the third quarter of 2025 amounted to 15,712 million Bahraini dinars, compared to 11,568 million Bahraini dinars recorded for the same period last year, an increase of 35.82%.
Meanwhile, the bank achieved net profits attributable to shareholders for the first nine months of the year 2025, amounting to 8,008 million Bahraini dinars, compared to a net profit of 7,034 million Bahraini dinars for the same period last year, an increase of 13.85%, and earnings per share reached 7.38 fils, compared to 7.08 fils in the same period last year. The total comprehensive income attributable to the shareholders of the parent company for the first nine months of this year amounted to 10,095 million Bahraini dinars, compared to 8,258 million dinars in the same period last year, recording an increase of 22.25%. Total revenues for the first nine months of 2025 amounted to 43.681 million Bahraini dinars, compared to 36.144 million Bahraini dinars recorded for the same period last year, an increase of 20.85%. This increase is mainly due to the bank recording an increase in income resulting from financing contracts, an increase in income from investments in real estate, and a general decrease in financing expenses.
The financial results showed an increase in total property rights by 3.19% to reach 132.75 million Bahraini dinars, compared to 128.65 million Bahraini dinars last year, while total assets recorded an increase of 5.10% to reach 1,572.44 million Bahraini dinars during the first nine months of 2025, compared to 1,496.13 million Bahraini dinars for the same period last year. In addition to an increase in deposits by 5.23%, reaching 1,417.32 million Bahraini dinars, compared to 1,346.88 million Bahraini dinars as of December 31, 2024. The financial results also showed an increase in investments in sukuks by 7.98%, reaching 542.22 million Bahraini dinars, compared to 502.14 million Bahraini dinars as of December 31, 2024. The bank also recorded an increase in financing contracts by 12.25%, reaching 809.528 million Bahraini dinars, compared to 721.167 million Bahraini dinars as of December 31, 2024.
Commenting on the financial results achieved by the bank during this period, Mr. Yousef Abdullah Taqi, Chairman of the Board of Directors of Khaleeji Bank, said: “We are pleased to announce that Khaleeji Bank achieved an outstanding financial performance during the first nine months of 2025, which reflects the success of its plans to achieve balanced growth driven by operational efficiency and the diversity of banking activities, in addition to the noticeable improvement in the financing and investment portfolio. This performance confirms the bank’s ability to transform challenges into opportunities, based on a rational governance approach and executive management that has proven its worth in Achieving qualitative results that enhance Khaleeji’s position as a leading Islamic bank with strong financial foundations and a clear vision for sustainable growth.”
He added: “These results were the result of an integrated strategy that focuses on developing the business system and promoting innovation in retail and corporate banking services, in addition to investing in national competencies and establishing a culture of outstanding performance. We will continue to work to expand the bank’s presence in various sectors and employ modern technologies to create added value for shareholders and customers alike, in keeping with the economic transformations in the Kingdom and the region.”
For his part, Mr. Sattam Sulaiman Al Gosaibi, CEO of Khaleeji Bank, commented: “The financial results achieved by Khaleeji Bank during the first nine months of 2025 embody the fruits of the organized institutional work that the bank has adopted over the past years, and the success in implementing an operational strategy that balances growth and sustainability. We have focused on enhancing efficiency through developing work systems and integrating banking operations, in addition to continuing to invest in digital solutions and updating the technical infrastructure to ensure speed of response and provide a more flexible banking experience. This performance confirms the bank’s ability to continue achieving strong results within a competitive economic environment that is witnessing rapid transformations.”
He continued, saying: “What has been achieved is a direct reflection of the efforts of the work teams and their insistence on excellence in performance, as we continued to develop national competencies and enable them to lead the transformation within the bank, while establishing an institutional culture based on transparency, accountability and innovation. We will continue to move forward with confident steps towards achieving our strategic goals and strengthening our position within the Islamic banking sector in the Kingdom of Bahrain and the region.”
Algosaibi added: “We look forward to the next stage with greater focus on enhancing financial and social sustainability and expanding the scope of innovative digital solutions that support the aspirations of our customers and shareholders. We will continue to invest in technologies, personnel and services that consolidate Khaleeji Bank’s position as a leading banking institution capable of contributing to achieving sustainable economic development in the Kingdom.”
Khaleeji Bank is one of the distinguished Islamic banks that seeks to achieve customers’ aspirations through an Islamic banking model that provides a comprehensive range of high-quality banking services for individuals and companies and investment opportunities compatible with Islamic Sharia.
Note: The press release and integrated financial statements are available on the Bahrain Bourse website www.bahrainbourse.com.
