Gulf Bank K.S.C.P. (KWSE:GBK)
Kuwait flag Kuwait · Delayed Price · Currency is KWD · Price in KWF
0.3440
-0.0050 (-1.43%)
At close: May 13, 2025

Gulf Bank K.S.C.P. Income Statement

Millions KWD. Fiscal year is Jan - Dec.
Fiscal Year
TTM FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2015 - 2019
Period Ending
Mar '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2015 - 2019
Interest Income on Loans
397.45403.48369.97244.46185.99209.35
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Interest Income on Investments
0.8811.010.80.680.57
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Total Interest Income
398.34404.48370.98245.26186.67209.92
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Interest Paid on Deposits
244.5247.23219.53102.2753.6884.58
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Net Interest Income
153.84157.25151.45142.99132.99125.34
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Net Interest Income Growth (YoY)
-0.89%3.83%5.91%7.52%6.11%-24.28%
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Gain (Loss) on Sale of Investments
0.040.060.10.04-0.110.12
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Other Non-Interest Income
41.242.0838.8138.0737.0732.93
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Total Non-Interest Income
41.2542.1438.9238.1136.9633.05
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Non-Interest Income Growth (YoY)
11.47%8.28%2.12%3.12%11.82%-21.52%
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Revenues Before Loan Losses
195.08199.39190.36181.1169.95158.39
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Provision for Loan Losses
41.543.5628.5929.8747.4963.18
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Revenue
153.59155.83161.77151.23122.4695.21
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Revenue Growth (YoY)
-2.42%-3.68%6.97%23.50%28.62%-34.80%
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Salaries and Employee Benefits
53.553.4953.8755.5547.7136.87
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Occupancy Expenses
8.448.127.176.836.827.62
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Selling, General & Administrative
2.983.023.282.912.812.9
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Other Non-Interest Expense
30.8429.7724.6722.7122.1217.42
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Total Non-Interest Expense
96.3595.0389.7488.6579.965.12
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EBT Excluding Unusual Items
57.2360.872.0362.5842.5530.09
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Asset Writedown
---0.07-0.13--0.99
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Pretax Income
57.2360.871.9662.4542.5529.1
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Income Tax Expense
0.580.620.750.650.450.3
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Net Income
56.6560.1771.2161.842.1128.8
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Net Income to Common
56.6560.1771.2161.842.1128.8
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Net Income Growth
-15.17%-15.50%15.22%46.78%46.20%-54.75%
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Basic Shares Outstanding
3,9853,9873,7313,7923,6573,559
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Diluted Shares Outstanding
3,9853,9873,7313,7923,6573,559
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Shares Change (YoY)
4.95%6.85%-1.59%3.68%2.76%1.02%
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EPS (Basic)
0.010.020.020.020.010.01
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EPS (Diluted)
0.010.020.020.020.010.01
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EPS Growth
-19.17%-20.92%17.08%41.58%42.28%-55.21%
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Dividend Per Share
0.0090.0090.0110.0090.0060.004
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Dividend Growth
-12.84%-12.84%25.29%52.63%39.02%-54.95%
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Effective Tax Rate
1.02%1.03%1.04%1.04%1.05%1.04%
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Updated Feb 10, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.