by: TN Media News Pakistan: Manama, Bahrain Al Salam Bank has announced a record net profit of US$ 49.3 million for Q1 2025, marking a 32.7% increase from US$ 37.2 million in the same period last year. The bank’s strong performance was driven by robust core banking operations, subsidiaries, and associates.
Earnings per share rose to US cents 16.2, up from US cents 13.0 in Q1 2024, while Return on Equity climbed to 17.2%, reflecting improved profitability and prudent capital management.
Gross income surged 36% to US$ 280.2 million, and the cost-to-income ratio improved to 46.5%, highlighting operational efficiency. Total comprehensive income attributable to shareholders reached US$ 71.7 million, up from US$ 69.5 million.
The bank’s total assets grew 4.5% to US$ 19.58 billion, and customer deposits increased by 4.8% to US$ 13.77 billion. Financing assets rose to US$ 10.19 billion, and shareholder equity grew by 8.3% to US$ 1.04 billion. The capital adequacy ratio remained strong at 24.8%.
Chairman Shaikh Khalid bin Mustahail Al Mashani praised the resilient results despite global challenges, while CEO Rafik Nayed highlighted the bank’s focus on digital transformation, regional expansion, and operational excellence.
Al Salam Bank continues to position itself as a leading regional financial group with a commitment to innovation, sustainability, and integrated financial services.
