Bank Muscat, the flagship financial institution in the Sultanate, announced its preliminary unaudited results for the nine months period ended 30 September 2026. The Bank posted a net profit of RO 209.18 million for the period compared to RO 191.57 million reported during the same period in 2025, an increase of 9.2 per cent.
The key highlights of the results for the period are as follows:
- Net Interest Income from Conventional Banking and Net Income from Islamic Financing stood at RO 321.4 million for the nine months period ended 30 September 2026 compared to RO 310.9 million for the same period in 2025, an increase of 3.4 per cent.
- Non-interest income was RO 131.63 million for the nine months period ended 30 September 2026 as compared to RO 123.57 million for the same period in 2025, an increase of 6.5 per cent, mainly due to growth in business volumes.
- Operating expenses for the nine months period ended 30 September 2026 was RO 172.27 million as compared to RO 162.82 million for the same period in 2025, an increase of 5.8 per cent.
- Net impairment losses on financial assets for the nine months period ended 30 September 2026 was RO 32.76 million as against RO 43.63 million for the same period in 2025.
- Net Loans and advances including Islamic financing receivables increased by 7.9 per cent to RO 11,552 million as against RO 10,704 million as at 30 September 2025.
- Customer deposits including Islamic customer deposits increased by 8.1 per cent to RO 10,919 million as against RO 10,099 million as at 30 September 2025.
Key highlights of preliminary unaudited results
Total Equity includes Perpetual Tier I capital of RO 505 million (2025: RO 505 million).
The full results for the nine months period ended 30 September 2026 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 October 2026.
