MUSCAT– Bank Muscat, the flagship financial institution in the Sultanate, announced its preliminary unaudited results for the nine months ended 30 September 2025. The Bank posted a net profit of RO 191.57 million for the period compared to RO 170.79 million reported during the same period in 2024, an increase of 12.2 per cent.
The key highlights of the results for the period are as follows:
- Net Interest Income from Conventional Banking and Net Income from Islamic Financing stood at RO 310.9 million for the nine months period ended 30 September 2025 compared to RO 293.91 million for the same period in 2024, an increase of 5.8 per cent.
- Non-interest income was RO 123.57 million for the nine months period ended 30 September 2025 as compared to RO 110.33 million for the same period in 2024, an increase of 12.0 per cent mainly due to growth in business volumes and higher investment income.
- Operating expenses for the nine months period ended 30 September 2025 was RO 162.82 million as compared to RO 154.64 million for the same period in 2024, an increase of 5.3 per cent.
- Net impairment losses on financial assets for the nine months period ended 30 September 2025 was RO 43.63 million as against RO 46.12 million for the same period in 2024.
- Net Loans and advances including Islamic financing receivables increased by 4.2 per cent to RO 10,702 million as against RO 10,268 million as at 30 September 2024.
- Customer deposits including Islamic Customer deposits stood at RO 10,099 million as against RO 10,110 million as at 30 September 2024.
Key highlights of preliminary unaudited results
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| Particulars (RO millions)For the period ended | 30 Sep2025 | 30 Sep2024 | Change (%) |
| Net interest income & Islamic financing income | 310.90 | 293.91 | 5.8% |
| Other operating income | 123.57 | 110.33 | 12.0% |
| Operating expenses | 162.82 | 154.64 | 5.3% |
| Operating profit | 271.65 | 249.60 | 8.8% |
| Net profit | 191.57 | 170.79 | 12.2% |
| Particulars (RO millions) As at period ended | 30 Sep2025 | 30 Sep2024 | Change (%) |
| Total Assets | 14,555 | 14,056 | 3.6% |
| Net loans and Islamic financing | 10,702 | 10,268 | 4.2% |
| Conventional loans and advances | 9,041 | 8,685 | 4.1% |
| Islamic financing receivables | 1,661 | 1,583 | 4.9% |
| Customer deposits and Islamic customer deposits | 10,099 | 10,110 | -0.1% |
| Conventional customer deposits | 8,524 | 8,568 | -0.5% |
| Islamic customer deposits | 1,575 | 1,542 | 2.1% |
| Total Equity* | 2,528 | 2,407 | 5.0% |
*Total Equity includes Perpetual Tier I capital of RO 505 million (2024: RO 505 million).
The full results for the nine months period ended 30 September 2025 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 October 2025.
