BBK discloses its financial results for the year ended

 31^st December 2025

BBK (trading code BBK) announces its financial results for the year ended 31^st December 2025, recording a net profit attributable to the owners of the Bank of BD 80.0 million and BD 23.5 million for the fourth quarter then ended.

For the fourth quarter of 2025:

The Bank achieved a net profit attributable to the owners of the Bank of BD 23.5 million, registering a growth of 23.7% compared to the net profit of BD 19.0 million achieved during the corresponding period of last year. The basic and diluted earnings per share for the fourth quarter amounted to 13 fils compared to 11 fils during the previous year.

Total comprehensive income attributable to the owners of the Bank amounted to BD 25.5 million during the fourth quarter of 2025, compared to BD 11.8 million during the same period of last year, representing a significant increase of 116.1%. The growth  is mainly due to higher movement during the quarter in unrealized gain in fair value reserves relating to debt instruments and equity investments compared to the same period last year, as well as higher reported net profit.

For the full financial year ended 31^st December 2025:

BBK achieved a new high record net profit attributable to the owners of the Bank of BD 80.0 million compared to BD 72.0 million achieved during the previous year, an increase of 11.1%. The basic and diluted earnings per share amounted to 44 fils compared to 40 fils for the prior year.

The total comprehensive income attributable to the owners of the Bank for the year 2025 amounted to BD 102.2 million, compared to BD 69.5 million reported during last year, an increase of 47.1%. The increase is mainly related to positive market valuations, and higher net profit.

The increase in net profit was mainly attributable to an increase in the net fees and commission income from BD 19.5 million to BD 22.1 million, recording a growth of 13.3%, while investment and other income experienced a growth of 6.1%, increasing from BD 19.8 million to BD 21.0 million, reflecting the Bank's dynamic business model and its efforts to diversify income from non-interest income streams. In addition, the Bank's share from associates and joint ventures recorded a profit of BD 1.5 million compared to a loss of BD 2.7 million reported during 2024. Net provisions and impairments declined by 60.7% from BD 17.3 million to BD 6.8 million reported in 2025, reflecting the Bank's active management of credit risk and distressed exposures. On the other hand, net interest income declined by 5.9% at BD 117.2 million compared to BD 124.6 million. Total operating expenses increased by 3.9% from BD 71.3 million to BD 74.1 million, mainly due to the implementation of strategic initiatives and investments in human capital to support the implementation of various strategic and business initiatives aimed at providing our customers with the best banking experience.

Total shareholders' equity attributable to the owners of the Bank increased to BD 657.5 million as of end of December 2025, compared to BD 620.8 million as of end of the financial year 2024, an increase of 5.9%. The increase is mainly related to the positive movement in investment securities' market valuations and higher reported net profit.

Total assets increased by 18.6% to reach BD 4,974.3 million as of end of December 2025 compared to BD 4,192.6 million reported at end of financial year 2024. Deposits and amounts due from banks and other financial institutions increased by 73.1% to stand at BD 290.6 million (31^st December 2024: BD 167.9 million); net loans and advances increased by 31.5% to BD 2,358.5 million (31^st December 2024: BD 1,794.1 million); while investment securities portfolio recorded a growth of 26.8% to BD 1,190.9 million (31^st December 2024: BD 939.4 million). On the other hand, Cash and balances with central banks was lower by 14.7%, to stand at BD 586.6 million (31^st December 2024: BD 687.7 million). Treasury bills declined by 23.7% to reach BD 304.4 million (31^st December 2024: BD 399.2 million). However, Customer deposits recorded a growth of 18.3% to stand at BD 2,853.5 million (31^st December 2024: BD 2,411.3 million). Term borrowings increased by 32.2% to stand at BD 405.3 million (31^st December 2024: BD 306.5 million), due to the successful closure of US$500 million, 3-year Club Loan Facility, to support the Bank's strategic business plans.

Following the positive financial results for the year ended 31^st December 2025, the Board of Directors recommended paying cash dividends of 40 fils per share (including 12.5 fils interim dividend paid earlier) for the year 2025 for the shareholders registered with the Bank on the record date, subject to the approval of the regulatory authorities and the shareholders at the Annual General Meeting (AGM).

The Board expressed its satisfaction with the financial results, stating: "BBK has delivered a solid record performance over the past year despite a challenging market environment. The result marked a historic milestone for BBK, delivering the highest net profit on record in the Bank's history. This exceptional achievement underscores the resilience of our business model, the effectiveness of our strategic initiatives, and the unwavering commitment of our management team and employees. Through prudent risk management, disciplined execution, and a strong focus on customer‑centric innovation, BBK has continued to strengthen its financial position and enhance shareholder value. We extend our sincere appreciation to our customers for their trust and loyalty, to our employees for their dedication and professionalism, to our management for their leadership, and to our shareholders for their continued confidence in our vision. Looking ahead, the Board remains confident in the Bank's ability to navigate future challenges, build on its strong foundations, and deliver sustainable long‑term value for all stakeholders".

BBK's Group Chief Executive, Mr. Yaser Alsharifi, added, "BBK remains sound in its commitment to a robust business model that aims to deliver value and excellence to its shareholders and customers. This commitment is reflected in the noticeable increase in net loans and advances and customer deposits during the year and in reporting the highest net profit on record in the Bank's history".

"We note with pride that BBK was awarded the 'Most Trusted Digital Banking Services Provider in Bahrain' award from World Business Outlook, which affirms BBK's leadership in digital transformation across both local and regional banking landscapes. Complementing this recognition, BBK's digital platforms achieved top Net Promoter Scores (NPS) in Bahrain's retail and corporate banking segments. In addition, BBK was awarded the 'CX Award 2025' in recognition of its outstanding distinction in promoting and advancing customer experience excellence".

"In addition, BBK continues to prioritize Environmental, Social and Governance (ESG) initiatives into its core operations, by launching the "Sustainability Academy", a strategic initiative aimed at equipping its employees with the knowledge and skills needed to drive the future of sustainable banking".

"Furthermore, we are pleased to announce the successful completion of the transfer of HSBC Middle East - Bahrain branch retail customers to BBK. The transfer also included a successful integration of HSBC employees, serving these clients into BBK's dynamic work environment, reinforcing continuity and strengthening the Bank's capabilities".

"We remain vigilant in navigating the changing economic environment, yet we are encouraged by the opportunities that lie ahead. Our strategy gives us confidence in our ability to deliver sustained value for our stakeholders".

The full set financial statements and the press release are available on Bahrain Bourse's website.