# Bank Muscat Reports 9.2% Rise in Nine-Month Net Profit

- URL: https://stocks.freetheai.org/news/bank-muscat-reports-9-2-rise-in-nine-month-net-profit-345632
- Published: 2026-10-15T06:00:05Z
- Category: earnings; sentiment: bullish; impact: medium
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Bank Muscat (S.A.O.G) reported a 9.2% increase in preliminary net profit for the first nine months of 2026, reaching 209.18 million Omani rials compared with 191.57 million rials in the same period a year earlier. The profit growth was supported by gains across both core lending activities and fee-generating business operations.

Net interest income from conventional banking alongside net income from Islamic financing rose 3.4% to 321.4 million rials. Non-interest income expanded 6.5% to 131.63 million rials, boosted by higher business volumes. Meanwhile, net impairment losses on financial assets fell to 32.76 million rials from 43.63 million rials, helping offset a 5.8% increase in operating expenses to 172.27 million rials.

The bank's balance sheet showed continued expansion, with net loans and advances rising 7.9% year-over-year to 11,552 million rials as of September 30, 2026. Customer deposits also increased by 8.1% to reach 10,919 million rials. Full financial results and complete statements are scheduled to be released following the board of directors meeting later in October 2026.

## Key points

- Nine-month net profit rose 9.2% to 209.18 million Omani rials from 191.57 million rials in 2025.
- Net interest and Islamic financing income reached 321.4 million rials, up 3.4% year-over-year.
- Net loans and advances grew 7.9% to 11,552 million rials, while customer deposits rose 8.1% to 10,919 million rials.
- Net impairment losses on financial assets dropped from 43.63 million rials to 32.76 million rials.

## Questions and answers

### What was Bank Muscat's net profit for the first nine months of 2026?

Bank Muscat reported a net profit of 209.18 million Omani rials for the nine months ended September 30, 2026, up 9.2% from 191.57 million rials in the same period in 2025.

### How much did Bank Muscat's loans and deposits grow in 2026?

Net loans and advances increased 7.9% year-over-year to 11,552 million rials, while customer deposits expanded 8.1% to 10,919 million rials as of September 30, 2026.

### When will Bank Muscat release its complete nine-month financial statements?

The bank plans to publish its full financial statements following its board of directors meeting scheduled for later in October 2026.