Doha Bank (DHBK) Q4 2025 earnings summary

Executive summary

• Achieved major digital transformation milestones, including migration to Mastercard, launch of API banking, and award-winning mobile apps.

• Net profit grew 8% year-over-year for FY 2025, with total assets up 9% and net loans rising 11%.

• Customer deposits increased 13.5% year-over-year, and investment securities portfolio grew 7.5%.

• CET1 ratio stood at 13.16% and total capital adequacy ratio at 19.05%, both well above regulatory minimums.

• Board proposed a 50% higher cash dividend (QAR 0.15/share), pending approvals.

Financial highlights

• Total assets increased to QR 120.2 billion as of 31 December 2025, up from QR 110.2 billion in 2024.

• Net profit for 2025 was QR 825.6 million, compared to QR 851.5 million in 2024.

• Net interest income was QR 1.97 billion, slightly down from QR 1.99 billion year-over-year.

• Loans and advances to customers rose to QR 67.7 billion from QR 61.0 billion.

• Customer deposits increased to QR 57.7 billion from QR 50.9 billion.

• Cost to income ratio improved to 37-38%, with cost of risk at 1.15%.

• Non-performing loans ratio decreased to 6.60% from 7.43% last year.

• Return on equity reached 6.74%, up from 6.27% in FY 2024.

Outlook and guidance

• Guidance for FY 2026: capital adequacy ratio 18.5-19%, net loan growth 3-5%, NPL ratio below 6%, cost to income 37-38%, and ROE 7-7.5%.

• The Board proposed a cash dividend of 15% of paid-up share capital (QR 465 million), subject to AGM approval.

• NIM expected to improve to around 1.8% by end of 2026, barring further rate cuts.

• Continued reduction of branch network, aiming for fewer than 10 branches.

• The Group continues to monitor economic uncertainties and has robust business continuity planning.