QNB Group has reported a notable rise in half-year net profits, which reached QR8.4 billion, reflecting a 3% increase compared to the same period last year.
The group’s net profit before Pillar Two Taxes saw an 11% jump, landing at QR9.1 billion by June 2025. This increase mirrors the group’s robust operational strategy and diversity in income sources, which saw an 8% rise to QR21.8 billion.
Cementing this strong performance, the bank’s Board of Directors have approved an interim cash dividend distribution of QR0.35 per share.
The bank’s balance sheet shows an increase in total assets by 7% from the previous year, now valued at QR1,354 billion. This spike is largely attributed to a 9% surge in loans and advances, reaching QR962 billion. In parallel, customer deposits have also rsen by 5% to QR935 billion, highlighting growing trust and reliance on the bank’s services.
QNB’s equity is up by 8% from last year, now at QR119 billion, with earnings per share touching QR0.85. Meanwhile, their Capital Adequacy Ratio (CAR) rests at 19.2%, far surpassing the Basel III-recommended minimum, mirroring strong capital foundations.
QNB’s reach extends across 28 countries, driven by a network of about 900 locations and 5,000 ATMs, supported by a vast team of over 31,000 staff.
