NBB achieves record breaking net profit attributable to shareholders

National Bank of Bahrain B.S.C. (NBB) has reported a 2% increase in its net profit attributable to shareholders reaching BHD 19.4 million (USD 51.5 million) for the third quarter ended 30 September 2025, compared to BHD 19.1 million (USD 50.7 million) in the same period of 2024. The profitability performance is mainly attributed to the Group’s continued ability to sustain its non-interest income across its diversified product offerings and client base, complemented by a reduction in provisioning requirements. Earnings per share increased to 9 fils (USD 2 cents) for the third quarter of 2025 compared with 8 fils (2 cents) in the same period of 2024. Total comprehensive income attributable to NBB’s shareholders for the quarter increased by 58% to BHD 31.7 million (USD 84.1 million) compared to BHD 20.0 million (USD 53.1 million) in the same period 2024. The increase is attributable to the positive mark-to-market movements of the bond portfolio.

Year-to-date

NBB has reported a 2% increase in its net profit attributable to the shareholders for the nine months ended 30 September 2025, recording BHD 66.9 million (USD 177.5 million) compared to BHD 65.7 million (USD 174.3 million) for the same period of 2024. The increase reflects the Group’s diversified revenue streams including feebased income which registered a 22% growth, in addition to lower provisioning requirements. Earnings per share increased to 30 fils (USD 8 cents) for the period compared with 29 fils (8 cents) in the same period of 2024. Total comprehensive income attributable to NBB’s shareholders for the nine month period decreased by 8% to BHD 66.0 million (USD 175.1 million) compared with 71.4 million (USD 189.4 million) in 2024. The decrease is attributable to the negative mark-to-market movements of the equity portfolio.

Balance sheet

The Group’s total equity attributable to shareholders decreased by 3% as of 30 September 2025 to BHD 568.7 million (USD 1,508.5 million) compared to BHD 583.8 million (USD 1,548.5 million) reported as of 31 December 2024. The change primarily reflects the Group’s strategic approach to delivering value to its shareholders following the approval and declaration of BHD 56.4 million in year-end cash dividends for 2024, as well as the approval and declaration of interim dividends of BHD 22.6 million in 2025, while sustaining a solid capital position. The Group’s total assets increased by 7% during the period to BHD 5,883.8 million (USD 15,606.9 million) compared to BHD 5,522.2 million (USD 14,647.7 million) recorded on 31 December 2024.

Commentary

On the occasion, Mrs. Hala Yateem, Chairperson of NBB said, “NBB delivered an attributable net profit of BHD 66.9 million for the nine months ended 30 September 2025, recording a 2% increase compared to the same period last year, and the strongest result for this period in the Bank’s history. Our profitability was supported by continued balance sheet expansion, with total assets rising by 7% compared to year-end levels. Loans and advances and customer deposits both grew by 3%, reflecting steady growth across the Group’s core banking activities. These results demonstrate the resilience of our financial position and the confidence of our customers. Our return on average equity remains at 15.8%, a testament to the Group’s consistently positive financial performance. In addition, NBB became the first bank in Bahrain to operate an Uptime Institute Tier 3 certified Data Centre, reinforcing our operational resilience to support the next wave of financial services innovation. We also expanded our wealth management offering with the launch of structured investment products for accredited investors, while also broadening support for the SME sector through our dedicated SME Centres. We also strengthened our community impact through programmes that support education, entrepreneurship, financial inclusion, and environmental sustainability. These efforts continue to serve our strategic mandate of operating as a responsible institution working towards longterm value creation. We look forward to delivering a strong finish to the year, driven by performance and aligned with Bahrain’s broader development ambitions. We extend our appreciation to our shareholders for their continued confidence, our customers for trusting us as their financial partner, and our teams for their dedication to NBB’s progress.”