Boubyan Bank K.S.C.P. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was KWD 44.56 million compared to KWD 41.6 million a year ago. Net income was KWD 19.83 million compared to KWD 15.51 million a year ago. Basic earnings per share from continuing operations was KWD 0.004 compared to KWD 0.003 a year ago.
For the nine months, net interest income was KWD 127.23 million compared to KWD 127.64 million a year ago. Net income was KWD 61.1 million compared to KWD 48.59 million a year ago. Basic earnings per share from continuing operations was KWD 0.0131 compared to KWD 0.0104 a year ago.