Commercial Bank of Kuwait K.P.S.C. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was KWD 30.52 million compared to KWD 23.46 million a year ago. Net income was KWD 29.95 million compared to net loss of KWD 2.47 million a year ago. Basic earnings per share from continuing operations was KWD 0.0163 compared to basic loss per share from continuing operations of KWD 0.0012 a year ago.
For the nine months, net interest income was KWD 87.46 million compared to KWD 64.56 million a year ago. Net income was KWD 99.14 million compared to KWD 41.48 million a year ago. Basic earnings per share from continuing operations was KWD 0.0531 compared to KWD 0.0209 a year ago.