Ahlibank Qatar reported net profit of QAR676.8 million for the first nine months of 2026. That was 0.1% above the QAR676.2 million earned in the same period last year. Loans and advances grew 13% to QAR43.1 billion, while customer deposits rose 1.7% to QAR35.9 billion by the end of September.
Third-quarter profit fell 1.6% year on year to QAR269.4 million. CNBC Arabia attributed the decline partly to a 127% rise in quarterly loan and advance provisions to about QAR36.4 million. The bank also recorded QAR21.8 million of securities impairment losses, compared with QAR9.5 million of gains in the corresponding 2025 quarter. Across the nine-month period, net interest income rose 8.5% to about QAR1.1 billion and loan impairment charges declined 5.9% to QAR229 million.
PROFIT MIX AND CREDIT COSTS
Earnings per share increased to QAR0.256 from QAR0.248, according to the Qatar Stock Exchange disclosure reported by Qatar News Agency. The filed per-share measure increased even as total nine-month profit was nearly unchanged. The underlying result reflected higher net interest income alongside securities losses and quarterly credit costs.
Total assets increased 2.7% year on year to QAR64.3 billion. The 13% expansion in loans materially outpaced both asset growth and the 1.7% rise in customer deposits. Those movements make funding and asset quality more important considerations than the headline profit change alone.
FUNDING AND NEXT MILESTONE
The quarterly figures show that provisions can still move sharply even when nine-month impairment charges decline. Continued loan growth could support interest income, but it also increases the importance of monitoring deposit funding, credit quality and the cost of risk. The results therefore present a mixed picture of balance-sheet expansion and subdued earnings growth.
Ahlibank has scheduled an investor conference call for 22 October at noon Doha time to discuss its third-quarter and nine-month results. Investors will be looking for detail on loan growth, deposit mobilisation, net interest margins and the drivers of the quarterly provision increase. The call is the next identified milestone for assessing whether lending momentum can translate into stronger earnings without greater funding or credit pressure.