Manama – Bahrain, November 12, 2025: Al Salam Bank (trading symbol on the Bahrain Bourse “SALAM” and trading symbol on the Dubai Financial Market “SALAM_BAH”) announced achieving net profits attributable to the bank’s shareholders of 20.8 million dinars (55.2 million US dollars) in the third quarter of 2025, recording a growth of 48.3% compared to 14 million dinars (37.2 million US dollars) during the same period. From 2024. This notable increase in profits was mainly driven by the strong performance of the group’s core banking operations. Accordingly, earnings per share increased to 6.2 fils (16.5 US cents) compared to 4.6 fils (12.2 US cents) in the third quarter of 2024, while the total comprehensive income attributable to the bank’s shareholders reached 56.4 million dinars (149.7 million US dollars), an increase of 80.6% compared to 31.3 million dinars (82.9 million US dollars) during the same period of Last year.
During the nine months ending September 30, 2025, the bank recorded net profits attributable to shareholders of BD 58.2 million ($154.3 million), an increase of 37.5% compared to BD 42.3 million ($112.3 million) for the same period in 2024. Earnings per share during the nine months ending September 30, 2025 also increased to 17.3 fils (45.9 US cents) compared to 13.9 fils (36.9 US cents) in the same period last year, which reflects the continued improvement of the bank’s profitability and operational efficiency. Total comprehensive income attributable to the bank’s shareholders increased by 37.9% to reach 98.1 million Bahraini dinars (260.1 million US dollars) compared to 71.1 million Bahraini dinars (188.6 million US dollars) in 2024.
In addition, total shareholders’ equity increased to BD 456.0 million (US$ 1.21 billion), an increase of 26.5% compared to BD 360.5 million (US$ 956.2 million) as at the end of 2024.
The Group’s total assets continued to grow to reach BD 8.11 billion (US$ 21.51 billion), an increase of 14.8% compared to BD 7.06 billion (US$ 18.73 billion) recorded on December 31, 2024. Financing assets also increased by 9.9% to reach BD 4.02 billion (US$ 10.67 billion) as of September 30, 2025. While customer deposits increased by 9.1% to reach 5.58 billion Bahraini dinars (14.81 billion US dollars). The bank also maintained its capital adequacy ratio at 27.4%.
On this occasion, His Excellency Sheikh Khalid bin Mustahil Al-Mashani, Chairman of Al Salam Bank, expressed his pride in the bank’s results during the year 2025, saying: “Al Salam Bank continues to strengthen its position as one of the most prominent financial institutions in the region. We have achieved record profits while strengthening our operating model to benefit from the growth in the volume of our business over the past period. As we expand regionally and diversify sources of income, we continue our focus on disciplined growth, wise risk management, and commitment to creating sustainable, long-term value for our shareholders.”
For his part, Mr. Rafik Nayed, CEO of Al Salam Bank Group, said: “The financial results for the third quarter of 2025 are a clear reflection of the flexibility of our business model and its ability to adapt. Al Salam Bank continues to provide smart and highly efficient banking services that are designed to ensure a smooth experience for customers. We have achieved remarkable progress in initiatives to enhance financial performance in various companies of the group, including projects adopting artificial intelligence and automation in operations, in addition to launching a group of innovative asset management products through ASB Capital. As we continue to… By striving to increase operational efficiency, investing in digital innovation, and deepening our relationships with customers, the group is in a strong position that allows us to benefit from new business opportunities that contribute to driving sustainable growth in the long term.”
The full copy of the financial statements, which were reviewed by the external auditor, KPMG, is available on the Bahrain Bourse website.
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