Al Salam Bank B.S.C. Reports Strong Financial Growth in Latest Report, Surpassing Previous Years
Summary
Al Salam Bank B.S.C. has demonstrated impressive financial growth in the first half of 2025, with notable increases in net profits, total assets, and shareholder equity. The bank's strategic initiatives and focus on core banking operations have contributed to these positive results. This article compares the latest financial report with previous years, highlighting key performance indicators and offering insights for investors.Al Salam Bank B.S.C. Reports Strong Financial Growth in Latest Report
Al Salam Bank B.S.C. has released its financial report for the first half of 2025, revealing significant growth in key financial metrics. The bank reported net profits attributable to shareholders of BD 37.4 million (USD 99.1 million) for H1 2025, representing a 32.1% increase compared to BD 28.3 million (USD 75.0 million) for the same period in 2024. Earnings per share also saw an increase, reaching 11.1 fils (USD 29.5 cents) in H1 2025 compared to 9.3 fils (USD 24.7 cents) in H1 2024.
| KPI | H1 2025 | H1 2024 | Change |
|---|---|---|---|
| Net Profit (BD million) | 37.4 | 28.3 | 32.1% |
| Earnings per Share (fils) | 11.1 | 9.3 | 19.4% |
| Total Comprehensive Income (BD million) | 41.6 | 39.8 | 4.5% |
| Total Assets (BD billion) | 7.82 | 7.06 | 10.7% |
| Shareholders' Equity (BD million) | 402.5 | 360.5 | 11.6% |
The bank's total comprehensive income attributable to the owners of the bank stood at BD 41.6 million (USD 110.4 million) in H1 2025, marking a 4.5% increase from BD 39.8 million (USD 105.7 million) in H1 2024. Total assets grew by 10.7% to BD 7.82 billion (USD 20.74 billion), while total shareholders' equity increased by 11.6% to BD 402.5 million (USD 1.07 billion).
Al Salam Bank's strategic initiatives, including a focus on core banking operations and asset management, have contributed to these positive results. The bank's capital adequacy ratio remains strong at 25.2%, providing a solid foundation for sustainable growth.
The table below shows the change in key performance indicators over the years:
| KPI | 2025 | 2024 | Change |
|---|---|---|---|
| Net Profit (BD million) | 37.4 | 28.3 | 32.1% |
| Earnings per Share (fils) | 11.1 | 9.3 | 19.4% |
| Total Comprehensive Income (BD million) | 41.6 | 39.8 | 4.5% |
| Total Assets (BD billion) | 7.82 | 7.06 | 10.7% |
| Shareholders' Equity (BD million) | 402.5 | 360.5 | 11.6% |
In conclusion, Al Salam Bank's latest financial report highlights the bank's strong financial performance and strategic growth initiatives. The significant increases in net profit, total assets, and shareholders' equity indicate a positive outlook for the bank's future, making it an attractive option for investors. With a robust capital adequacy ratio and a focus on core banking operations, Al Salam Bank is well-positioned to continue its growth trajectory.
