Cash flow Qatar National Bank (Q.P.S.C.)

Equities

QNBK

QA0006929895

Banks

End-of-day quote Qatar Exchange Other stock markets 10/03/2026			5-day change	1st Jan Change
18.77 ^QAR	+4.28%		+4.16%	+0.59%

01:11pm	MIDEAST STOCKS-Dubai drags Gulf markets lower as Iran war risks weigh	RE
08:26am	MIDEAST STOCKS-Most Gulf equities open higher as Dubai recovers, war risks keep investors cautious	RE

8985e7ed.5x52xN8qLua2RRIT8M0U69ID95phH9yNkLAAoDI4m2k.i1YFiaxZHqrRE1Flu7tTropmv_EgTq714v4ywVZ-6QOwVAT9kEJAnIQMUw

Published financial data: QATAR NATIONAL BANK (Q.P.S.C.)

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	44.74B	59.67B	97.13B	125B	125B
Interest Income, Total	44.74B	59.67B	97.13B	125B	125B
Interest On Deposits	21.7B	30.81B	66.72B	92.5B	89.23B
Interest Expense, Total	21.7B	30.81B	66.72B	92.5B	89.23B
Net Interest Income	23.04B	28.86B	30.42B	32.82B	35.78B
Gain (Loss) on Sale of Assets	49.41M	6.92M	41.17M	-	-
Gain (Loss) on Sale of Invest. & Securities - (Rev)	-99M	-92.83M	-680M	-35.86M	516M
Total Other Non Interest Income	4.8B	5.42B	7.74B	7.64B	7.8B
Non Interest Income, Total	4.75B	5.34B	7.1B	7.61B	8.32B
Revenues Before Provison For Loan Losses	27.78B	34.2B	37.52B	40.43B	44.09B
Provision For Loan Losses	7.07B	8.79B	8.69B	8.13B	9.34B
Total Revenues	20.72B	25.42B	28.82B	32.29B	34.75B
Salaries And Other Employee Benefits	3.38B	3.64B	4.11B	4.9B	5.39B
Amort. of Goodwill & Intang. Assets	79.11M	77.55M	133M	216M	56.27M
Occupancy Expense	616M	624M	660M	832M	993M
Selling General & Admin Expenses, Total	466M	394M	515M	498M	517M
(Income) Loss on Equity Invest.	-370M	-544M	-646M	-620M	-653M
Total Other Non Interest Expense	1.88B	2.31B	2.59B	3.16B	3.62B
Non Interest Expense, Total	6.05B	6.5B	7.36B	8.99B	9.92B
EBT, Excl. Unusual Items	14.67B	18.91B	21.46B	23.31B	24.83B
Other Unusual Items	-	-1.75B	-3.5B	-3.54B	-2.81B
EBT, Incl. Unusual Items	14.67B	17.17B	17.96B	19.77B	22.02B
Income Tax Expense	1.39B	2.72B	2.3B	2.82B	4.67B
Earnings From Continuing Operations	13.28B	14.45B	15.67B	16.94B	17.35B
Net Income to Company	13.28B	14.45B	15.67B	16.94B	17.35B
Minority Interest	-64.98M	-100M	-154M	-226M	-354M
Net Income - (IS)	13.21B	14.35B	15.51B	16.72B	17B
Preferred Dividend and Other Adjustments	1B	1.08B	1.15B	1.15B	1.15B
Net Income to Common Incl Extra Items	12.21B	13.27B	14.36B	15.57B	15.85B
Net Income to Common Excl. Extra Items	12.21B	13.27B	14.36B	15.57B	15.85B
Per Share Items
Net EPS - Basic	1.32	1.44	1.55	1.69	1.74
Basic EPS - Continuing Operations	1.32	1.44	1.55	1.69	1.74
Basic Weighted Average Shares Outstanding	9.24B	9.24B	9.24B	9.23B	9.13B
Net EPS - Diluted	1.32	1.44	1.55	1.69	1.74
Diluted EPS - Continuing Operations	1.32	1.44	1.55	1.69	1.74
Diluted Weighted Average Shares Outstanding	9.24B	9.24B	9.24B	9.23B	9.13B
Normalized Basic EPS	0.99	1.27	1.44	1.55	1.66
Normalized Diluted EPS	0.99	1.27	1.44	1.55	1.66
Dividend Per Share	0.55	0.6	0.65	0.7	0.72
Payout Ratio	39.08	42.37	42.7	61.06	45.49
Supplemental Items
Effective Tax Rate - (Ratio)	9.48	15.84	12.79	14.29	21.2
Total Current Taxes	1.01B	3.06B	2.72B	2.4B	2.83B
Total Deferred Taxes	377M	-354M	-490M	447M	444M
Normalized Net Income	9.1B	11.72B	13.26B	14.34B	15.16B
Non-Cash Pension Expense	48.58M	76.87M	66.72M	104M	125M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	107B	127B	108B	111B	86.91B
Investment Securities, Total	148B	163B	176B	178B	190B
Trading Asset Securities, Total	7.59B	10.94B	7.88B	9.08B	11.17B
Total investments	155B	174B	184B	187B	201B
Gross Loans	782B	825B	870B	926B	1,037B
Allowance For Loan Losses	-23.17B	-26.09B	-29.08B	-27.8B	-30.99B
Other Adjustments to Gross Loans	-63.79M	-45.63M	-86.85M	-45.93M	-40.45M
Net Loans	759B	799B	841B	898B	1,006B
Gross Property Plant And Equipment	8.96B	13.36B	13.67B	15.96B	18.18B
Accumulated Depreciation	-3.8B	-6.41B	-6.95B	-8.31B	-9.71B
Net Property Plant And Equipment	5.16B	6.94B	6.71B	7.66B	8.47B
Goodwill	2B	1.37B	1.07B	721M	721M
Other Intangibles, Total	1.89B	1.81B	1.57B	1.35B	1.13B
Accrued Interest Receivable	6.93B	13.01B	15.87B	16.58B	16.74B
Other Receivables	9.57B	7.24B	7.37B	11.34B	8.77B
Restricted Cash	43.73B	54.74B	59.83B	58.97B	56.56B
Other Current Assets, Total	480M	1.35B	2.14B	2.79B	3.43B
Deferred Tax Assets Long-Term (Collected)	388M	391M	955M	358M	169M
Other Real Estate Owned And Foreclosed	-	461M	267M	284M	258M
Deferred Charges Long-Term	-	157M	127M	118M	149M
Other Long-Term Assets, Total	1.91B	1.44B	2.11B	1.65B	1.6B
Total Assets	1,093B	1,189B	1,231B	1,298B	1,391B
Liabilities
Accrued Expenses, Total	1.5B	2.42B	2.94B	3.87B	4.12B
Interest Bearing Deposits	701B	781B	816B	852B	873B
Non-Interest Bearing Deposits	164B	171B	155B	155B	178B
Total Deposits	865B	952B	971B	1,007B	1,051B
Short-Term Borrowings	33.48B	31.97B	32.85B	46.34B	41.61B
Current Portion of Long-Term Debt	11.71B	15.33B	21.69B	19.63B	27.06B
Current Portion of Leases	147M	82.91M	79.95M	53.06M	40.63M
Long-Term Debt	55.1B	45.71B	45.68B	55.18B	78.5B
Long-Term Leases	462M	491M	451M	345M	536M
Current Income Taxes Payable	555M	1.08B	1.14B	1.05B	2.65B
Accrued Interest Payable	3.7B	7.22B	14.21B	13.96B	12.19B
Other Current Liabilities - (Bank / Utility Template)	1.32B	12.39B	13.85B	19.8B	32.16B
Unearned Revenue Non Current	2.21B	4.32B	4.02B	2.69B	2.97B
Pension & Other Post Retirement Benefits	251M	449M	370M	388M	441M
Deferred Tax Liability Non-Current	53.08M	47.85M	43.1M	51.55M	473M
Other Non Current Liabilities	17.67B	9.98B	12.6B	14.24B	12.69B
Total Liabilities	993B	1,083B	1,121B	1,184B	1,267B
Common Stock, Total	9.24B	9.24B	9.24B	9.24B	9.24B
Retained Earnings	96.21B	104B	112B	118B	127B
Treasury Stock	-	-	-	-661M	-2.08B
Comprehensive Income and Other	-6.5B	-8B	-12.25B	-14.22B	-11.25B
Total Common Equity	98.94B	105B	109B	113B	123B
Minority Interest	1.11B	970M	1.11B	1.24B	1.63B
Total Equity	100B	106B	110B	114B	125B
Total Liabilities And Equity	1,093B	1,189B	1,231B	1,298B	1,391B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	9.24B	9.24B	9.24B	9.2B	9.11B
ECS Total Common Shares Outstanding	9.24B	9.24B	9.24B	9.2B	9.11B
Book Value / Share	10.71	9.21	9.65	10.06	11.31
Tangible Book Value	95.06B	102B	106B	110B	121B
Tangible Book Value Per Share	10.29	8.87	9.36	9.84	11.11
Total Debt	101B	93.58B	101B	122B	148B
Deposits at Interest - Cash	61.84B	90.49B	80.14B	85.64B	63.98B
Net Debt	-13.35B	-44.67B	-15.26B	1.25B	49.66B
Equity Method Investments, Total	7.47B	7.9B	7.85B	7.86B	8.56B
Full Time Employees	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	13.21B	14.35B	15.51B	16.72B	17B
Depreciation, Depletion & Amortization	616M	624M	660M	832M	993M
Amortization of Goodwill and Intangible Assets - (CF)	79.11M	77.55M	133M	216M	56.27M
Total Depreciation, Depletion & Amortization	695M	702M	793M	1.05B	1.05B
(Gain) Loss On Sale of Asset - (CF)	-49.41M	-6.92M	-41.17M	-10.7M	-5.19M
(Gain) Loss on Sale of Investments - (CF)	-871M	-3.26B	-5.52B	-17.59B	-812M
Provision for Credit Losses	7.07B	8.79B	8.69B	8.13B	9.34B
(Income) Loss On Equity Investments - (CF)	-257M	-371M	-473M	-414M	-444M
Change in Other Net Operating Assets (Collected)	-65.86B	-72.59B	-66.39B	-77.88B	-131B
Other Operating Activities	-389M	235M	3.92B	66.68M	-262M
Cash from Operations	-46.46B	-52.16B	-43.51B	-69.92B	-105B
Capital Expenditure	-1.17B	-1.34B	-1.24B	-1.48B	-1.57B
Sale of Property, Plant, and Equipment	64.5M	119M	79.45M	50.03M	12.83M
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-23.12B	-24.68B	-16.49B	7.84B	-8.07B
Other Investing Activities, Total	-	-	-	206M	209M
Cash from Investing	-24.23B	-25.89B	-17.65B	6.62B	-9.41B
Long-Term Debt Issued, Total	20.01B	5.76B	11.67B	19.71B	48.26B
Total Debt Issued	20.01B	5.76B	11.67B	19.71B	48.26B
Long-Term Debt Repaid, Total	-21.41B	-9.49B	-5.94B	-13.55B	-18.38B
Total Debt Repaid	-21.41B	-9.49B	-5.94B	-13.55B	-18.38B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-	-661M	-1.42B
Common Dividends Paid	-5.16B	-6.08B	-6.62B	-10.21B	-7.73B
Common & Preferred Stock Dividends Paid	-5.16B	-6.08B	-6.62B	-10.21B	-7.73B
Net Increase (Decrease) in Deposit Accounts - (CF)	82.24B	111B	44.98B	72.53B	70.15B
Cash from Financing	75.67B	101B	44.09B	67.82B	90.87B
Foreign Exchange Rate Adjustments	-807M	-2.76B	-2.11B	-1.44B	-381M
Net Change in Cash	4.18B	20.65B	-19.19B	3.08B	-24.3B
Supplemental Items
Cash Interest Paid	21.58B	26.82B	59.18B	92.2B	90.83B
Cash Income Tax Paid (Refund)	1.25B	2.31B	2.55B	2.17B	2.63B
Net Debt Issued / Repaid	-1.41B	-3.73B	5.73B	6.16B	29.88B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.25	1.27	1.29	1.34	1.29
Return On Equity %	13.48	14.02	14.49	15.13	14.55
Return on Common Equity	12.54	13	13.41	14.05	13.45
Shareholders Value Added	1.61B	2.18B	2.79B	3.63B	2.92B
Margin Analysis
SG&A Margin	21.54	18.34	18.33	19.28	19.86
Net Interest Income / Total Revenues %	111.18	113.57	105.53	101.63	102.96
EBT Excl. Non-Recurring Items Margin %	70.79	74.41	74.47	72.17	71.45
Income From Continuing Operations Margin %	64.08	56.85	54.35	52.46	49.94
Net Income Margin %	63.76	56.46	53.81	51.77	48.92
Net Avail. For Common Margin %	58.94	52.19	49.82	48.2	45.61
Normalized Net Income Margin	43.93	46.11	46.01	44.41	43.64
Asset quality
Nonperforming Loans / Total Loans %	2.35	2.87	3.03	2.83	2.64
Nonperforming Loans / Total Assets %	1.68	1.99	2.14	2.02	1.97
Nonperforming Assets / Total Assets %	1.68	2.03	2.16	2.04	1.99
NPAs / Loans and OREO	2.35	2.92	3.06	2.86	2.67
NPAs / Equity	18.33	22.76	24.16	23.26	22.18
Allowance for Credit Losses / Nonperforming Loans %	126.29	110.16	110.34	106.19	113.1
Allowance for Credit Losses / Total Loans %	2.96	3.16	3.34	3	2.99
Capital And Funding
Total Average Common Equity / Total Average Assets %	9.19	8.94	8.85	8.76	8.76
Total Average Equity / Total Average Assets %	9.3	9.03	8.94	8.86	8.87
Total Equity + Allowance for Loan Losses / Total Loans %	15.61	15.9	15.88	15.16	14.86
Gross Loans / Total Deposits %	90.45	86.7	89.64	92	98.61
Net Loans / Total Deposits %	87.76	83.95	86.63	89.23	95.66
Tier 1 Capital Ratio %	18.2	18.5	18.7	18.1	18.2
Total Capital Ratio %	19.3	19.6	19.8	19.2	19.3
Core Tier 1 Capital Ratio	14.2	14.6	14.8	14.6	15
Tier 2 Capital Ratio	1.11	1.13	1.14	1.13	1.14
Coverage Ratio	126.29	110.16	110.34	106.19	113.1
Interbank Ratio	62.29	67.54	55.68	56.49	49.9
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	1.68	1.56	1.27	1.21	1.25
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	9.72	25.3	5.38	7.9	9.01
Non Interest Income, 1 Yr. Growth %	12.45	12.39	33.02	7.18	9.31
Provision For Loan Losses, 1 Yr. Growth %	21.3	24.33	-1.06	-6.41	14.86
Total Revenues, 1 Yr. Growth %	6.84	22.67	13.41	12.04	7.61
Earnings From Cont. Operations, 1 Yr. Growth %	9.88	8.84	8.42	8.15	2.43
Net Income, 1 Yr. Growth %	10.07	8.61	8.1	7.77	1.69
Normalized Net Income, 1 Yr. Growth %	11.53	28.78	13.15	8.14	5.75
Diluted EPS Before Extra, 1 Yr. Growth %	10.98	8.64	8.26	8.45	2.9
Dividend Per Share, 1 Yr. Growth %	22.22	9.09	8.33	7.69	3.57
Gross Loans, 1 Yr. Growth %	5.98	5.48	5.47	6.41	11.94
Allowance For Loan Losses, 1 Yr. Growth %	20.81	12.6	11.48	-4.4	11.48
Net Loans, 1 Yr. Growth %	5.58	5.27	5.27	6.79	11.96
Non Performing Loans, 1 Yr. Growth %	16.03	29.08	11.29	-0.67	4.67
Non Performing Assets, 1 Yr. Growth %	16.03	26.93	10.27	-0.6	4.52
Total Assets, 1 Yr. Growth %	6.64	8.8	3.51	5.44	7.2
Total Deposits, 1 Yr Growth %	9.27	10.04	2.02	3.68	4.44
Tangible Book Value, 1 Yr. Growth %	3.48	7.21	4.46	3.77	9.74
Common Equity, 1 Yr. Growth %	3.27	6.21	3.82	3.16	9.37
Total Equity, 1 Yr. Growth %	3.26	6	3.91	3.25	9.61
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	6.8	17.25	14.91	6.63	8.45
Non Interest Income, 2 Yr. CAGR %	-1.82	12.42	22.27	19.4	8.24
Provision For Loan Losses, 2 Yr. CAGR %	49.14	22.8	10.91	-3.77	3.68
Total Revenues, 2 Yr. CAGR %	-2.84	14.48	17.95	12.72	9.8
Earnings From Cont. Operations, 2 Yr. CAGR %	-4.18	9.36	8.63	8.28	5.25
Net Income, 2 Yr. CAGR %	-4.05	9.34	8.36	7.94	4.69
Normalized Net Income, 2 Yr. CAGR %	-2.97	19.84	20.71	10.61	6.94
Diluted EPS Before Extra, 2 Yr. CAGR %	-4.36	9.8	8.45	8.35	5.64
Dividend Per Share, 2 Yr. CAGR %	-4.26	15.47	8.71	8.01	5.61
Gross Loans, 2 Yr. CAGR %	6.52	5.73	5.48	5.94	9.14
Allowance For Loan Losses, 2 Yr. CAGR %	23.5	16.63	12.04	3.23	3.23
Net Loans, 2 Yr. CAGR %	6.1	5.43	5.27	6.03	9.34
Non Performing Loans, 2 Yr. CAGR %	19.53	22.38	19.86	5.14	1.97
Non Performing Assets, 2 Yr. CAGR %	19.53	23.57	18.31	4.7	1.93
Total Assets, 2 Yr. CAGR %	7.56	7.71	6.12	4.47	6.31
Total Deposits, 2 Yr CAGR %	8.68	9.66	5.95	2.84	4.05
Tangible Book Value, 2 Yr. CAGR %	3	5.33	5.83	4.12	6.72
Common Equity, 2 Yr. CAGR %	2.82	4.73	5.01	3.49	6.22
Total Equity, 2 Yr. CAGR %	2.78	4.62	4.95	3.58	6.38
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	6.57	12.64	13.15	12.52	7.42
Non Interest Income, 3 Yr. CAGR %	-2.13	2.71	18.9	17.02	15.94
Provision For Loan Losses, 3 Yr. CAGR %	32.46	40.36	14.27	4.81	2.08
Total Revenues, 3 Yr. CAGR %	-0.54	5.02	14.12	15.94	10.99
Earnings From Cont. Operations, 3 Yr. CAGR %	-1.48	-0.03	9.04	8.47	6.3
Net Income, 3 Yr. CAGR %	-1.41	-0	8.92	8.16	5.81
Normalized Net Income, 3 Yr. CAGR %	-0.69	6.63	17.57	16.36	8.97
Diluted EPS Before Extra, 3 Yr. CAGR %	-2.7	-0.21	9.29	8.45	6.5
Dividend Per Share, 3 Yr. CAGR %	-2.86	0	13.04	8.37	6.51
Gross Loans, 3 Yr. CAGR %	7.56	6.17	5.64	5.79	7.9
Allowance For Loan Losses, 3 Yr. CAGR %	16.12	19.75	14.89	6.26	5.91
Net Loans, 3 Yr. CAGR %	7.33	5.82	5.37	5.77	7.97
Non Performing Loans, 3 Yr. CAGR %	14.6	22.64	18.57	12.58	4.98
Non Performing Assets, 3 Yr. CAGR %	14.6	23.43	18.97	11.64	4.64
Total Assets, 3 Yr. CAGR %	8.23	7.97	6.29	5.89	5.37
Total Deposits, 3 Yr CAGR %	9.05	9.13	7.05	5.19	3.37
Tangible Book Value, 3 Yr. CAGR %	4.46	4.38	5.04	5.14	5.96
Common Equity, 3 Yr. CAGR %	4.27	3.93	4.42	4.39	5.41
Total Equity, 3 Yr. CAGR %	4.26	3.84	4.38	4.38	5.55
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	5.19	10.04	9.83	10.2	11.25
Non Interest Income, 5 Yr. CAGR %	-0.89	1.83	6.98	9.08	14.51
Provision For Loan Losses, 5 Yr. CAGR %	23.17	34.25	23.38	20.69	9.91
Total Revenues, 5 Yr. CAGR %	0.35	4.14	6.48	8.03	12.37
Earnings From Cont. Operations, 5 Yr. CAGR %	1.37	1.92	2.44	3.22	7.51
Net Income, 5 Yr. CAGR %	1.33	1.79	2.38	3.1	7.21
Normalized Net Income, 5 Yr. CAGR %	1.86	5.97	7.38	8.21	13.19
Diluted EPS Before Extra, 5 Yr. CAGR %	0.16	0.91	1.62	3.13	7.81
Dividend Per Share, 5 Yr. CAGR %	11.57	0	1.61	3.13	10.01
Gross Loans, 5 Yr. CAGR %	8.04	6.72	6.72	6.08	7.03
Allowance For Loan Losses, 5 Yr. CAGR %	18.58	19.71	14.47	12.85	10.08
Net Loans, 5 Yr. CAGR %	7.84	6.46	6.5	5.9	6.94
Non Performing Loans, 5 Yr. CAGR %	14.15	17.77	16.68	15.31	11.62
Non Performing Assets, 5 Yr. CAGR %	14.15	18.22	16.91	15.56	11.83
Total Assets, 5 Yr. CAGR %	8.72	7.95	7.38	6.56	6.3
Total Deposits, 5 Yr CAGR %	9.41	8.51	7.8	6.57	5.84
Tangible Book Value, 5 Yr. CAGR %	7.52	6.63	5.01	4.28	5.71
Common Equity, 5 Yr. CAGR %	7.16	6.21	4.57	3.76	5.14
Total Equity, 5 Yr. CAGR %	7.15	6.14	4.54	3.74	5.18