Qatar National Bank (Q.P.S.C.) (QNBK) Earnings Call Transcripts

Qatar National Bank (Q.P.S.C.)'s Latest Earnings Call - Q1 FY2026

Qatar National Bank (QNB) reported its Q1 2026 earnings, showing a net profit of QAR 4.3 billion, a 2% increase year-over-year. Revenue grew by 10% to QAR 12.1 billion, driven by robust operating income. Despite geopolitical tensions impacting the region, QNB maintained a strong cost-to-income ratio of 24.1%. Management provided guidance for 2026, expecting profitability growth of 5-7% and loan growth of 6-8%. The bank's resilience amidst regional instability could positively influence stock performance.

Reported metrics

Guidance from management

QNB expects profitability growth of 5-7% and loan growth of 6-8% for 2026. The bank anticipates strong performance in international markets, particularly in Turkey and Egypt.

What management said

Yes. Given what we know and what we have in the pipeline, this is the update in the guidance. We have slightly moderated the bottom line and the asset growth, whether from a cost of risk, the reason why we are slightly more optimistic is, as you note, QNB has been very different from other peer banks where we have over the years post 2021 build a lot of buffer to provisions in. And this is something that would give u...

I think it's also worth bearing in mind that the new repo facilities -- sorry, just to add to what Durraiz just said, the repo facilities that have been offered by the Central Bank, QCB has 0 exposure as of today.

What analysts pressed on

Analysts questioned the impact of geopolitical events on loan growth and the sustainability of strong non-interest income from international operations. Concerns were also raised about the potential long-term effects of the North Field project delay.

Main topics on the call

• Geopolitical Impact — Management acknowledged the disruption caused by geopolitical events in the Middle East, affecting LNG production and exports. However, they emphasized the resilience of Qatar's banking system and expected a rapid recove...
• Financial Performance — QNB reported a 2% increase in net profit to QAR 4.3 billion and a 10% rise in operating income to QAR 12.1 billion. The cost-to-income ratio remained strong at 24.1%, showcasing efficient operations.
• Liquidity and Capital Position — QNB's total assets increased by 6% to QAR 1.41 trillion, with a stable loan-to-deposit ratio of 98%. The capital adequacy ratio stood at 19.4%, well above regulatory requirements.
• Guidance for 2026 — Management expects profitability growth of 5-7% and loan growth of 6-8% for 2026. They anticipate strong growth in international operations, particularly in Turkey and Egypt.

Read the full Qatar National 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 25 Qatar National Bank (Q.P.S.C.) earnings call transcripts on record, spanning January 16, 2020 to October 12, 2026. Based on this history, Qatar National Bank (Q.P.S.C.) reports quarterly. The most recent call on file is dated October 12, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

QNBK

Exchange

DSM

Country

QA

Sector

Financials

Industry

Banks

Calls on record

25

First call

January 16, 2020

Most recent

October 12, 2026

Reporting cadence

quarterly