AlRayan Bank Q.P.S.C. (MARK) Earnings Call Transcripts

AlRayan Bank Q.P.S.C.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, AlRayan Bank reported a profit before tax of QAR 421 million, slightly up from QAR 417 million in Q1 2025, while net profit after tax decreased to QAR 361 million from QAR 396 million year-on-year. Earnings per share were QAR 0.039, down from QAR 0.044 in the prior year. Management maintained guidance for loan growth at 2% to 3% for the full year, indicating stability despite pressures on margins and the impact of global minimum taxes.

Reported metrics

Guidance from management

Management maintained guidance for loan growth at 2% to 3% for the full year and expects NIM to remain stable with a slight uptick due to repricing of deposits.

What management said

Taking up the ECL. 82.8% of total exposures subject to ECL are in Stage 1, 13.8% are in Stage 2 and 3.4% are in Stage 3, demonstrating the bank's consistently strong base of high-quality assets. The total ECL provision booked during Q1 2026 was QAR 138 million , making the overall coverage ratio stable at 3% at the end of Q1.

Sure. Thanks, Shahnawaz. In terms of the cost of risk, in Q1, we were at about 53 basis points. However, for the full year, I would expect this to be in the 65 to 75 basis point range. Again, it depends, obviously, just given the calculation. It depends on the loan growth in the year. But at the minute, the guidance is between 65 and 75 bps.

What analysts pressed on

Analysts expressed concerns regarding the increase in the cost-to-income ratio and the decline in net profit and EPS. There were questions about the sustainability of loan growth given the geopolitical situation and the impact of global minimum taxes on profitability.

Main topics on the call

• Profitability Stability — Despite a slight decrease in net profit after tax, management stated, "our profitability is stable in Q1 versus Q1 2025" when excluding the impact of global minimum taxes. This indicates resilience in core operations.
• Loan Growth Guidance — Management guided for full-year loan growth of 2% to 3%, stating, "we would still see a loan growth in lower single digits." This reflects cautious optimism despite a significant loan repayment in Q1.
• Cost-to-Income Ratio Increase — The cost-to-income ratio rose to 29.9% from 27.2% in Q1 2025, attributed to lower operating income. This increase may raise concerns about efficiency moving forward.
• Asset Quality — The bank's nonperforming financing assets remained stable at 5.36%, with a coverage ratio for Stage 3 assets improving to 69.6% from 63.8% year-on-year. This indicates strong asset quality management.

Read the full AlRayan Bank Q.P.S.C. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 37 AlRayan Bank Q.P.S.C. earnings call transcripts on record, spanning May 28, 2020 to October 29, 2026. Based on this history, AlRayan Bank Q.P.S.C. reports quarterly. The most recent call on file is dated October 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MARK

Exchange

DSM

Country

QA

Sector

Financials

Industry

Banks

Calls on record

37

First call

May 28, 2020

Most recent

October 29, 2026

Reporting cadence

quarterly