MUSCAT : Bank Muscat, the flagship financial institution in the Sultanate of Oman, announced its preliminary unaudited results for the six months period ended 30 June 2026. The Bank posted a net profit of RO 137.49 million for the period compared to RO 125.82 million reported during the same period in 2025, an increase of 9.3 per cent.

The key highlights of the results for the period are as follows:

1. Net Interest Income from Conventional Banking and Net Income from Islamic Financing stood at RO 210.49 million for the six months period ended 30 June 2026 compared to RO 206.44 million for the same period in 2025, an increase of 2.0 per cent.

2. Non-interest income was RO 92.23 million for the six months period ended 30 June 2026 as compared to RO 81.83 million for the same period in 2025, an increase of 12.7 per cent, mainly due to growth in business volumes and higher investment income.

3. Operating expenses for the six months period ended 30 June 2026 was RO 114.38 million as compared to RO 108.08 million for the same period in 2025, an increase of 5.8 per cent.

4. Net impairment losses on financial assets for the six months period ended 30 June 2026 was RO 24.30 million as against RO 30.16 million for the same period in 2025.

5. Net Loans and advances including Islamic financing receivables increased by 6.2 per cent to RO 11,392 million as against RO 10,724 million as at 30 June 2025.

6. Customer deposits including Islamic customer deposits increased by 13.2 per cent to RO 11,182 million as against RO 9,879 million as at 30 June 2025.

Key highlights of preliminary unaudited results

*Total Equity includes Perpetual Tier I capital of RO 505 million (2025: RO 505 million).

The full results for the six months period ended 30 June 2026 along with the complete set of unaudited financial statements will be released following the approval of the Board of Directors of the Bank at its meeting scheduled later during July 2026.