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 1 255.54 million for the period compared to 1 225.58 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 1 413.01 million for the year ended 31 December 2025 compared to 1 397.70 million for the same period in 2024, an increase of 3.8 per cent.
2) Non-interest income was 1 174.18 million for the year ended 31 December 2025 as compared to 1 145.00 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 1 222.88 million as compared to 1 209.26 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 1 60.97 million as against 1 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 1 10,731 million as against 1 10,237 million as at 31 December 2024.
6) Customer deposits including Islamic Customer deposits increased by 6.7 per cent to 1 10,430 million as against 1 9,777 million as at 31 December 2024.
Key highlights of preliminary unaudited results
*Total Equity includes Perpetual Tier I capital of 1 505 million (2024: 1 505 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.
