Bank Muscat Records 9.2% Increase in Net Profit

Muscat:Bank Muscat reported a net profit of RO 209.18 million for the first nine months of 2026, marking an increase of 9.2% compared to RO 191.57 million during the same period in 2025.

According to Oman News Agency, the bank's financial data revealed that net interest income from conventional banking and Islamic financing grew to RO 321.4 million, a 3.4% rise from RO 310.9 million in 2025. Additionally, other operating income increased by 6.5%, reaching RO 131.63 million from RO 123.57 million the previous year.

Operating expenses for the period ending 30 September 2026 were approximately RO 172.27 million, which is a 5.8% increase from RO 162.82 million in 2025. The bank also allocated RO 32.76 million for net loan impairment and potential losses, a decrease from the RO 43.63 million set aside in 2025.