REG - BankMuscat (S.A.O.G) - Bank Muscat Preliminary Unaudited Results Q4 2025

Bank Muscat SAOGAnnouncement

14/01/2026 07:15

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RNS Number : 8514O  BankMuscat (S.A.O.G)  14 January 2026

 

 

Bank Muscat announces preliminary unaudited results for the year ended
 

31 December 2025

Net Profit at RO 255.54 million

 

MUSCAT, 14 January, 2026: Bank Muscat, the flagship financial institution in
the Sultanate, announced its preliminary unaudited results for the year ended
31 December 2025. The Bank posted a net profit of RO 255.54 million for the
period compared to RO 225.58 million reported during the same period in 2024,
an increase of 13.3 per cent.

 

The key highlights of the results for the year are as follows:

 

1)  Net Interest Income from Conventional Banking and Net Income from Islamic
Financing stood at RO 413.01 million for the year ended 31 December 2025
compared to RO 397.70 million for the same period in 2024, an increase of 3.8
per cent.

 

2)  Non-interest income was RO 174.18 million for the year ended 31 December
2025 as compared to RO 145.00 million for the same period in 2024, an increase
of 20.1 per cent due to growth in business volumes and higher investment
income.

 

3)  Operating expenses for the year ended 31 December 2025 was RO 222.88
million as compared to RO 209.26 million for the same period in 2024, an
increase of 6.5 per cent.

 

4)  Net impairment losses on financial assets for the year ended 31 December
2025 was RO 60.97 million as against RO 64.41 million for the same period in
2024.

 

5)  Net Loans and advances including Islamic financing receivables increased
by 4.8 per cent to RO 10,731 million as against RO 10,237 million as at 31
December 2024.

 

6)  Customer deposits including Islamic Customer deposits increased by 6.7
per cent to        RO 10,430 million as against RO 9,777 million as at
31 December 2024.

 

Key highlights of preliminary unaudited results

 Particulars (RO million)                            31 Dec    31 Dec    Change (%)

 For the year ended                                  2025      2024
 Net interest income & Islamic financing income       413.01    397.70   3.8%
 Other operating income                               174.18    145.00   20.1%
 Operating expenses                                   222.88    209.26   6.5%
 Operating profit                                     364.31    333.44   9.2%
 Net profit                                           255.54    225.58   13.3%
 Particulars (RO million)                            31 Dec    31 Dec    Change (%)

 As at year ended                                    2025      2024
 Total Assets                                         15,114    13,912   8.6%
 Net loans and Islamic financing                      10,731    10,237   4.8%
 -    Conventional loans and advances                 9,072     8,616    5.3%
 -    Islamic financing receivables                   1,659     1,621    2.3%
 Customer deposits and Islamic deposits               10,430    9,777    6.7%
 -    Conventional customer deposits                  8,741     8,193    6.7%
 -    Islamic customer deposits                       1,689     1,584    6.6%
 Total Equity*                                        2,597     2,445    6.2%

*Total Equity includes Perpetual Tier I capital of RO 505 million (2024: RO
505 million).

 

 

 

 

 

 

The full results for the year ended 31 December 2025 along with the complete
set of unaudited financial statements will be released following the approval
of the Board of Directors of the Bank at its meeting scheduled later during
January 2026.

 

 

 

Waleed K. Al Hashar

Chief Executive Officer

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