QNB Group, one of the largest banking institutions in the Middle East and Africa, announced its financial results for the nine months ended 30 September 2026.

Net profit for the nine months ended 30 September 2026 reached QAR 3.13 billion (USD 3.7 billion), an increase of 4% compared with the previous year. Net profit before the impact of hyperinflation reached QAR 16.4 billion (USD 4.5 billion) for the nine months ended 30 September 2026, an increase of 8% compared with the previous year.

Operating income rose by 8% to QAR 36.0 billion (USD 9.9 billion), reflecting QNB Group's success in maintaining strong, sustainable growth across its various income sources.

Total assets reached QAR 1,464 billion (USD 402 billion), an increase of 5% from the period ended 30 September 2025. The main driver of asset growth was loans and advances, which grew by 6% to QAR 1,061 billion (USD 291 billion), while diversified deposit inflows lifted customer deposits to QAR 979 billion (USD 269 billion), an increase of 2% from the period ended 30 September 2025.

The efficiency ratio (cost to income) stood at 24.3%, considered one of the best among large financial institutions in the Middle East and Africa.

The ratio of non-performing loans to gross loans stood at 2.7% as at 30 September 2026, among the lowest of the major banks in the Middle East and Africa, reflecting the high quality of the loan book and the effectiveness of the credit risk management policy. The non-performing loan coverage ratio stood at 97%, reflecting the group's continued prudent approach to non-performing loans.

Total shareholders' equity rose to QAR 134 billion (USD 37 billion), up 10% from the period ended 30 September 2025. Earnings per share reached QAR 1.37 (USD 0.38).

The capital adequacy ratio (CAR) stood at 19.7% as at 30 September 2026. The liquidity coverage ratio and net stable funding ratio stood at 145% and 108% respectively. These ratios are above the minimum regulatory requirements of the Qatar Central Bank and the Basel III committee.