Earnings release
Page 1
RNS Number : 0990ZBankMuscat (S.A.O.G)15 October 2026 Bank Muscat announces preliminary unaudited results for the nine months ended 30 September 2026 Net Profit at R.O 209.18 million MUSCAT, 15 October, 2026: 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 R.O 209.18 million for the period compared to R.O 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: 1) Net Interest Income from Conventional Banking and Net Income from Islamic Financing stood at R.O 321.4 million for the nine months period ended 30 September 2026 compared to R.O 310.9 million for the same period in 2025, an increase of 3.4 per cent. 2) Non-interest income was R.O 131.63 million for the nine months period ended 30 September 2026 as compared to R.O 123.57 million for the same period in 2025, an increase of 6.5 per cent, mainly due to growth in business volumes. 3) Operating expenses for the nine months period ended 30 September 2026 was R.O 172.27 million as compared to R.O 162.82 million for the same period in 2025, an increase of 5.8 per cent. 4) Net impairment losses on financial assets for the nine months period ended 30 September 2026 was R.O 32.76 million as against R.O 43.63 million for the same period in 2025. 5) Net Loans and advances including Islamic financing receivables increased by 7.9 per cent to R.O 11,552 million as against R.O 10,704 million as at 30 September 2025. 6) Customer deposits including Islamic customer deposits increased by 8.1 per cent to R.O 10,919 million as against R.O 10,099 million as at 30 September 2025. Key highlights of preliminary unaudited results Particulars (R.O million) For the period ended 30 Sep2026 30 Sep2025 Change(%) Net interest income & Islamic financingincome 321.40 310.90 3.4% Other operating income 131.63 123.57 6.5% Operating expenses 172.27 162.82 5.8% Operating profit 280.76 271.65 3.4% Net profit 209.18 191.57 9.2% Particulars (R.O million) As at period ended 30 Sep2026 30 Sep2025 Change(%) Total Assets 15,998 14,558 9.9% Net loans and Islamic financing 11,552 10,704 7.9% - Conventional loans and advances 9,751 9,043 7.8% - Islamic financing receivables 1,801 1,661 8.4% Customer deposits and Islamic deposits 10,919 10,099 8.1%
Page 2
- Conventional customer deposits 9,164 8,524 7.5% - Islamic customer deposits 1,755 1,575 11.4% Total Equity* 2,682 2,527 6.1% *Total Equity includes Perpetual Tier I capital of R.O 505 million (2025: R.O 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. Waleed K. Al Hashar Chief Executive Officer This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authorityto act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this informationmay apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the informationcontained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. Forfurther information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END