Lesha Bank LLC (QFBQ) Earnings Call Transcript & Summary

Hello, and welcome to the Lesha Bank earnings call. [Operator Instructions] I will now turn the call over to our moderator, Shahan Keushgerian. You may begin.

Great. Thank you, and hello, everyone. I want to welcome you to Lesha Bank's Third Quarter and 9 Months 2026 Financial Results Conference Call. So on this call from management, we have the bank's CFO, Tauseef Malik. So as usual, we will conduct this call with first management reviewing the company's results followed by a Q&A session. I will turn the call over now to Tauseef. Please go ahead.

Good afternoon, everyone, and assalamu alaikum. This is Muhammad Tauseef Malik, I'm Group CFO of Lesha Bank. I would like to present 30th September 2026 results, which are 9 months results period ended, as mentioned, 30th September. The net profit for Lesha Bank shareholders is QAR 210.4 million, which is a 50% increase over the previous year same period. For the Q3 2026, the total income reached to QAR 399.5 million or we can say QAR 400 million, and it's up by 58% year-on-year. This consists different income composition of the different streams, which is the Sukuk income, Lesha Bank's dividend income, asset management income and et cetera. The total assets reached to QAR 10.3 billion, up by 30% compared to the previous period. It was QAR 7.9 billion last year, September 2025. Additionally, the bank's investment reached to QAR 4.6 billion. It is up by 7% from QAR 4.3 billion last year. Bank equity has reached to QAR 1.5 billion from QAR 1.4 billion last year. Some important ratio we would like to mention that the return on average equity is 18.3% as of September 30, 2026. Return on average assets is 3.1%. The book value reached to QAR 1.38, and the EPS annualized is QAR 0.251. So these are the main ratios and the numbers and the most important number as an asset management for us is the AUM, and our AUM reached to QAR 23.6 billion, which is 101% year-on-year growth. So these are the overall numbers. So we will just open the floor for the question and answers. Please let us know if you have any questions.

[Operator Instructions] There is no question at this time. I will now turn the call back to our moderator for closing remarks. Shahan?

Okay. Great. So if there are no calls, we can -- no questions, we can wrap up this call. I'd like to thank Tauseef for giving us an update on the third quarter and 9 months figures, and we will pick this up again in the fourth quarter. Thank you.

Thank you very much, everyone. If you still have any question and if you are not able to ask now, you can send me an e-mail. We are happy to answer any query. Thank you very much. Bye.

This concludes today's call. You may now disconnect.