National Bank of Bahrain Reports 4% Normalised Profit Growth
National Bank of Bahrain recorded a 4% increase in normalised net profit for the first nine months of 2026 despite a 10% drop in overall net profit.
The National Bank of Bahrain reported a net profit attributable to shareholders of BD60.1 million for the first nine months of 2026, representing a 10% decrease from the BD66.9 million recorded during the same period in 2025. The decline resulted from negative mark-to-market movements in the debt portfolio driven by geopolitical volatility and the absence of a one-off gain from an investment property sale that bolstered the previous year's figures.
On a normalised basis, however, attributable profit rose by 4% to BD60.1 million, supported by a 12% year-over-year increase in net interest income. The bank's third-quarter net profit specifically fell 12% to BD17 million. Despite these fluctuations, the bank saw growth in its core business, with loans and advances increasing by 7% and customer deposits growing by 10% compared to December 2025 levels.
Chairperson Hala Ali Husain Yateem described the performance as resilient amid a challenging operating environment. Group CEO Usman Ahmed noted that the underlying business remained strong, contributing to a 5% increase in normalised operating income.
