QNB Group reported a 3% year-on-year increase in net profit for the first half of 2026, reaching QR8.7bn.
The results underscore the bank's ability to maintain profitability while expanding its lending book in a competitive regional market.
Total assets for the period grew by 6% to QR1,438bn, driven primarily by an 8% surge in loans and advances, which now stand at QR1,042bn.
Total assets for the period grew by 6% to QR1,438bn, driven primarily by an 8% surge in loans and advances, which now stand at QR1,042bn.
This expansion in the loan book suggests sustained credit demand across QNB's core markets, despite broader macroeconomic uncertainties.
The steady profit growth, coupled with significant asset expansion, positions QNB as a key beneficiary of ongoing economic activity in the Gulf region.
Investors will be watching to see if this lending momentum can be sustained in the second half of the year without impacting asset quality.