Chairman of Kuwait Finance House (KFH), Hamad Abdulmohsen Al-Marzouq announced that KFH has, by the grace of Allah, achieved a net profit for shareholders of KD 523.4 million up to the end of the third quarter of 2026, an increase of 6.2% compared to the same period last year. These profits are the highest in the Kuwaiti banking sector.

Earnings per share up to the end of Q3 2026 reached 27.56 fils; an increase of 5.4% compared to the same period last year.

Net financing income up to the end of Q3 2026 reached KD 989.5 million; an increase of 4.8% compared to the same period last year.

Total operating income up to the end of Q3 2026 increased, supported by an increase in all core activities to reach KD 1,452.2 million; an increase of 6.7% compared to the same period last year.

As a result of disciplined cost management and expense optimization efforts, total operating expenses decreased by 3.0% compared to the same period last year.

Consequently, net operating income increased to KD 1,004.7 million, reflecting a growth of 11.7% compared to the same period last year.

Driven by the growth in total operating income and decrease in total operating expenses, the Group’s cost-to-income ratio improved to 30.8% till the end of Q3 2026, compared to 33.9% in the corresponding period of the previous year.

Financing receivables as of the end of Q3 2026 reached about KD 23.4 billion, an increase of 7.5% compared to the end of last year. As of the end of Q3 2026, total assets amounted to KD 43.8 billion, an increase of 2.4% compared to the end of last year.

As of the end of Q3 2026, shareholders’ equity amounted to KD 5.7 billion. Depositors’ accounts amounted to KD 22.7 billion as of the end of Q3 2026, an increase of 7.8% compared to the end of last year.

The capital adequacy ratio reached 17.22% which is above the limit required by regulators. This ratio confirms the solid capital base of KFH.

Successful Strategy

Al-Marzouq said KFH's strong performance through the end of Q3 2026 demonstrates the success of its strategy and its ability to deliver sustainable, balanced growth. It also reflects improved operational efficiency and optimal use of resources and assets, strengthening the Bank's financial position and its standing in the banking sector.

He added that the continued strong results highlight the resilience of KFH's business model and its agility in responding to economic and geopolitical changes, alongside efficient risk management and adherence to the highest standards of governance. The results, he noted, reflect a clear strategic approach built on responsible growth and maximizing value for shareholders and customers.

Building Sustainable Value

Al-Marzouq explained that the Group's strategy takes a long-term view, aiming to build sustainable value, strengthen the Bank's competitiveness, and sustain its growth momentum. The Group is pursuing this through investing in business and service development, accelerating digital transformation, improving operational efficiency, and developing human capital.

He affirmed that KFH will keep executing its strategic plans with confidence, drawing on its strong financial position, diversified business, and accumulated expertise. It will maintain its responsible approach to growth and reinforce its role in supporting the national economy, further strengthening the trust that shareholders, customers, and the wider community place in the Bank.

Improving Business Environment

Al-Marzouq noted that positive developments in Kuwait's business environment, together with supportive legislative and regulatory measures for economic and financial activity, are key enablers helping the private sector and financial institutions grow and contribute to economic development. These measures include the Real Estate Financing Law and the Sukuk Law, preceded by the law permitting borrowing from the Future Generations Fund and the Financing and Liquidity Law.

He highlighted the importance of the Sukuk Law, which introduces a Sharia-compliant sovereign financing instrument, broadens the local and international investor base, and paves the way for an Islamic sovereign yield curve that will support future issuances by corporations and financial institutions.

Leadership in Corporate Social Responsibility

Al-Marzouq reaffirmed KFH's commitment to supporting national initiatives and projects of strategic impact, strengthening cooperation between state institutions and the private sector, serving the national interest, and advancing sustainable development in Kuwait. He cited several strategic national and community initiatives, including KFH's $13 million contribution to the Kuwait Emergency Response Fund, launched by the Kuwait Fund for Arab Economic Development, and an additional $6 million contribution to repair damaged power stations.

He noted that KFH's community work has earned prestigious international recognition: Global Finance named the Bank World's Best Islamic Bank for CSR 2026, in recognition of its exceptional efforts, clear impact, and leadership in social responsibility across the markets where it operates.

Resilience of the Business Model

KFH Group Chief Executive Officer, Khaled Yousef AlShamlan said the Bank's strong performance through the end of Q3 2026 and its continued profit growth reaffirm its operational efficiency and the strength of the Group's business model. They show its ability to deliver solid, sustainable results despite the economic and geopolitical challenges facing the region and Kuwait, supported by high operational efficiency and agility in responding to market changes.

Diversified Revenue Streams

AlShamlan added that the Group's diversified revenue sources and geographic reach, spanning 10 countries with a network of more than 600 branches, are key pillars of stable performance and income growth. The Bank also continues to develop its financing and credit capabilities to meet the diverse needs of retail and corporate customers.

Digital Banking Milestones

AlShamlan said KFH continues to achieve significant milestones in digital banking, backed by ongoing investment in technology and innovation to enhance the customer experience, raise operational efficiency, and keep pace with rapid change in the banking sector.

He noted that the Bank has built an integrated digital transformation model grounded in a clear, customer-centric vision and tangible operational results. In a single year, KFH processed more than 600 million digital transactions and offered over 200 fully integrated digital services through KFHOnline, making digital channels the primary banking choice for customers.

Award-Winning Performance

AlShamlan noted that the Bank's outstanding performance continues to be recognized with international awards. Among the most prominent, KFH ranked No. 1 Best Performing Bank in Kuwait in The Banker magazine’s 2026 list of the Top 100 Arab Banks, and won Euromoney awards for Wealth Management, ESG, and Digital Banking. It was also named World's Best Islamic Bank by Global Finance and Best Digital Bank in Kuwait by MEED, among many other global accolades that reflect its leading international standing.

Acknowledgments

AlShamlan thanked the Board of Directors for its support and commended the regulatory authorities for their role in supporting the banking sector. He also praised the efforts of the Executive Management, all employees, and every partner and stakeholder for their vital role in meeting the aspirations of shareholders and customers, maintaining KFH's leadership, and strengthening its standing locally, regionally, and globally.