QNB Group, one of the largest financial institutions in the Middle East and Africa region, announced its results for the nine months ended 30 September 2026.
Net profit for the nine-month period ended 30 September 2026 reached QAR13.3 billion (USD3.7 billion), an increase of 4% compared to the same period last year, demonstrating the stable nature of QNB Group’s financial results. Net profit before the impact of hyperinflation for the nine-month period ended 30 September 2026 reached QAR16.4 billion (USD4.5 billion), an increase of 8% compared to same period last year.
Operating Income increased by 8% to reach QAR36 billion (USD9.9 billion), reflecting the Group’s ability to maintain successful growth across a range of revenue sources.
Total Assets as at 30 September 2026 reached QAR1,464 billion (USD402 billion), an increase of 5% from 30 September 2025, mainly driven by growth in loans and advances by 6% to reach QAR1,061 billion (USD291 billion). Customer deposits increased by 2% to reach QAR979 billion (USD269 billion) from 30 September 2025, due to successful diversification of deposit generation.
QNB Group’s efficiency (cost to income) ratio stood at 24.3%, which is considered one of the best ratios among large financial institutions in the MEA region.
The ratio of non-performing loans to gross loans stood at 2.7% as at 30 September 2026, one of the lowest amongst financial institutions in the MEA region, reflecting the high quality of the Group’s loan book and the effective management of credit risk. In addition, the loan loss coverage ratio stood at 97%, demonstrating the prudent approach adopted by the Group towards non-performing loans.
Total Equity reached QAR134 billion (USD37 billion), up 10% from September 2025. Earnings Per Share reached QAR1.37 (USD0.38).
QNB Group’s Capital Adequacy Ratio (CAR) as at 30 September 2026 amounted to 19.7%. Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) as at 30 September 2026 amounted to 145% and 108% respectively. These ratios are higher than the regulatory minimum requirements of the QCB and Basel III reforms requirements.
