Income Statement Qatar Islamic Bank (Q.P.S.C.)

Equities

QIBK

QA0006929853

Banks

End-of-day quote Qatar Exchange Other stock markets 2025-07-09			5-day change	1st Jan Change
22.77 ^QAR	+0.53%		+2.66%	+6.60%

Jul. 08	MIDEAST STOCKS-Gulf stocks mixed on US tariff uncertainty	RE
Jul. 08	MIDEAST STOCKS-Major Gulf bourses subdued on US tariff uncertainty	RE

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Published financial data: QATAR ISLAMIC BANK (Q.P.S.C.)

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Net Interest Income	5.96B	6B	6.5B	8.58B	9.58B
Gain (Loss) on Sale of Assets	-	-	-	-	-
Gain (Loss) on Sale of Invest. & Securities - (Rev)	153M	32.62M	37.33M	107M	222M
Income (Loss) on Equity Invest. (Income Block)	3.4M	41.57M	73.29M	60.04M	66.49M
Total Other Non Interest Income	1.82B	2.05B	2.36B	2.37B	2.33B
Non Interest Income, Total	1.98B	2.13B	2.47B	2.53B	2.62B
Revenues Before Provison For Loan Losses	7.94B	8.13B	8.97B	11.11B	12.2B
Provision For Loan Losses	1.26B	1.33B	1.19B	1.06B	865M
Total Revenues	6.67B	6.8B	7.77B	10.06B	11.33B
Salaries And Other Employee Benefits	657M	650M	637M	656M	668M
Occupancy Expense	95.35M	90.14M	88.99M	75.15M	67.17M
Selling General & Admin Expenses, Total	78.09M	71.62M	95.3M	68.31M	80.14M
Total Other Non Interest Expense	2.78B	2.41B	2.88B	4.91B	5.77B
Non Interest Expense, Total	3.61B	3.23B	3.7B	5.71B	6.59B
EBT, Excl. Unusual Items	3.06B	3.57B	4.08B	4.34B	4.74B
Impairment of Goodwill	-22.1M	-	-	-	-
Asset Writedown	-9.49M	-11.93M	-40.89M	-43.5M	-115M
EBT, Incl. Unusual Items	3.03B	3.56B	4.03B	4.3B	4.63B
Income Tax Expense	7.41M	9.71M	11.21M	12.95M	29.87M
Earnings From Continuing Operations	3.02B	3.55B	4.02B	4.29B	4.6B
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	3.02B	3.55B	4.02B	4.29B	4.6B
Minority Interest	40.9M	2.38M	-18.02M	17.28M	5.41M
Net Income - (IS)	3.07B	3.56B	4.01B	4.31B	4.61B
Preferred Dividend and Other Adjustments	205M	196M	188M	219M	219M
Net Income to Common Incl Extra Items	2.86B	3.36B	3.82B	4.09B	4.39B
Net Income to Common Excl. Extra Items	2.86B	3.36B	3.82B	4.09B	4.39B
Per Share Items
Net EPS - Basic	1.21	1.42	1.62	1.73	1.86
Basic EPS - Continuing Operations	1.21	1.42	1.62	1.73	1.86
Basic Weighted Average Shares Outstanding	2.36B	2.36B	2.36B	2.36B	2.36B
Net EPS - Diluted	1.21	1.42	1.62	1.73	1.86
Diluted EPS - Continuing Operations	1.21	1.42	1.62	1.73	1.86
Diluted Weighted Average Shares Outstanding	2.36B	2.36B	2.36B	2.36B	2.36B
Normalized Basic EPS	0.83	0.95	1.07	1.16	1.26
Normalized Diluted EPS	0.83	0.95	1.07	1.16	1.26
Dividend Per Share	0.4	0.58	0.62	0.72	0.8
Payout Ratio	47.16	32.35	38.82	39.38	54.77
Supplemental Items
Effective Tax Rate - (Ratio)	0.24	0.27	0.28	0.3	0.65
Total Current Taxes	7.41M	9.71M	11.21M	12.95M	29.87M
Normalized Net Income	1.96B	2.24B	2.53B	2.73B	2.97B
Non-Cash Pension Expense	34.19M	24.69M	22.05M	22.76M	22.61M
Supplemental Operating Expense Items
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Total Stock-Based Compensation	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	10.08B	8.63B	4.84B	4.61B	4.62B
Investment Securities, Total	33.09B	43.77B	45.23B	47.32B	53.21B
Trading Asset Securities, Total	1.52B	1.84B	2.18B	2.13B	928M
Total investments	34.61B	45.61B	47.41B	49.45B	54.13B
Gross Loans	131B	141B	143B	151B	158B
Allowance For Loan Losses	-3.9B	-4.78B	-5.96B	-7.02B	-7.69B
Other Adjustments to Gross Loans	-7.85B	-7.72B	-17.32B	-21.34B	-25.01B
Net Loans	119B	128B	119B	122B	125B
Gross Property Plant And Equipment	1.05B	1.05B	1.63B	1.62B	1.49B
Accumulated Depreciation	-587M	-625M	-1.07B	-1.1B	-1.14B
Net Property Plant And Equipment	462M	428M	558M	516M	356M
Goodwill	218M	218M	218M	218M	-
Other Intangibles, Total	152M	142M	-	-	-
Investment in Real Estate	2.86B	2.85B	3.32B	3.31B	2.47B
Accrued Interest Receivable	-	-	-	-	-
Other Receivables	255M	287M	179M	161M	134M
Restricted Cash	4.94B	5.72B	6.12B	6.53B	6.41B
Other Current Assets, Total	47.7M	42.37M	49.41M	72.47M	5.23B
Deferred Tax Assets Long-Term (Collected)	37.32M	44.29M	47.08M	49.22M	-
Other Real Estate Owned And Foreclosed	-	-	-	-	-
Other Long-Term Assets, Total	1.62B	1.53B	1.98B	1.87B	2.14B
Total Assets	174B	194B	184B	189B	201B
Liabilities
Accrued Expenses, Total	435M	432M	448M	569M	498M
Interest Bearing Deposits	2.93B	3.29B	3.28B	8.29B	13.56B
Non-Interest Bearing Deposits	17.71B	17.38B	19.17B	14.76B	16.47B
Total Deposits	20.64B	20.66B	22.46B	23.05B	30.03B
Short-Term Borrowings	3.92B	5.72B	1.18B	1.52B	2.27B
Current Portion of Long-Term Debt	608M	2.79B	1.55B	3.75B	7.21B
Long-Term Debt	20.33B	21.85B	23.86B	21.68B	15.06B
Accrued Interest Payable	-	-	-	-	-
Other Current Liabilities - (Bank / Utility Template)	2.6B	1.07B	1.92B	1.44B	4.53B
Pension & Other Post Retirement Benefits	201M	203M	216M	227M	231M
Other Non Current Liabilities	102B	116B	104B	107B	109B
Total Liabilities	151B	169B	156B	159B	169B
Common Stock, Total	2.36B	2.36B	2.36B	2.36B	2.36B
Retained Earnings	16.39B	18.78B	21.13B	23.62B	25.55B
Comprehensive Income and Other	3.55B	3.59B	3.77B	3.4B	3.25B
Total Common Equity	22.3B	24.74B	27.26B	29.39B	31.16B
Minority Interest	903M	676M	669M	625M	614M
Total Equity	23.21B	25.41B	27.93B	30.02B	31.77B
Total Liabilities And Equity	174B	194B	184B	189B	201B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.36B	2.36B	2.36B	2.36B	2.36B
ECS Total Common Shares Outstanding	2.36B	2.36B	2.36B	2.36B	2.36B
Book Value / Share	7.75	8.78	9.84	10.75	11.49
Tangible Book Value	21.93B	24.38B	27.04B	29.17B	31.16B
Tangible Book Value Per Share	7.59	8.62	9.75	10.65	11.49
Total Debt	24.86B	30.36B	26.59B	26.94B	24.53B
Deposits at Interest - Cash	6.91B	7.33B	3.01B	3.1B	2.35B
Net Debt	13.26B	19.89B	19.57B	20.21B	18.98B
Equity Method Investments, Total	1.13B	1.14B	1.13B	1.13B	1.1B
Number Of Offices	23	23	24	24	22

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	3.07B	3.56B	4.01B	4.31B	4.61B
Depreciation, Depletion & Amortization	47.48M	38.6M	88.99M	75.15M	67.17M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Total Depreciation, Depletion & Amortization	47.48M	38.6M	88.99M	75.15M	67.17M
Amortization of Deferred Charges, Total	47.86M	51.54M	-	-	-
(Gain) Loss On Sale of Asset - (CF)	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-153M	-32.62M	-37.33M	-107M	-222M
Total Asset Writedown	31.59M	11.93M	40.9M	43.5M	115M
Provision for Credit Losses	1.26B	1.33B	1.19B	1.06B	865M
(Income) Loss On Equity Investments - (CF)	-3.4M	-41.57M	-73.29M	-60.04M	-66.49M
Stock-Based Compensation (CF)	-	-	-	-	-
Change in Other Net Operating Assets (Collected)	-8.05B	-6.84B	4.96B	1.09B	1.45B
Other Operating Activities	-7.94M	1.77M	48.14M	10.45M	31.41M
Cash from Operations	-3.76B	-1.93B	10.23B	6.42B	6.84B
Capital Expenditure	-56.38M	-47.33M	-74.29M	-70.45M	-72.34M
Sale (Purchase) of Real Estate Properties (Collected)	-656M	-1.02M	-480M	-17.1M	4.98M
Investment in Marketable and Equity Securities, Total	429M	-11.19B	-1.4B	-1.98B	-7.63B
Other Investing Activities, Total	7M	12.76M	12.76M	130M	148M
Cash from Investing	-276M	-11.22B	-1.94B	-1.93B	-7.55B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	3.13B	-	-	-	-
Total Debt Issued	3.13B	-	-	-	-
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-1.65B	-1.45B	-910M
Total Debt Repaid	-	-	-1.65B	-1.45B	-910M
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-1.45B	-1.15B	-1.56B	-1.7B	-2.52B
Common & Preferred Stock Dividends Paid	-1.45B	-1.15B	-1.56B	-1.7B	-2.52B
Net Increase (Decrease) in Deposit Accounts - (CF)	6.52B	12.95B	-8.72B	-1.54B	4.16B
Other Financing Activities, Total	-82.83M	-224M	-25.57M	-25.94M	-6.46M
Cash from Financing	8.13B	11.58B	-11.95B	-4.71B	721M
Net Change in Cash	4.09B	-1.58B	-3.67B	-228M	15.28M
Supplemental Items
Cash Income Tax Paid (Refund)	-	-	-	-	-
Net Debt Issued / Repaid	3.13B	-	-1.65B	-1.45B	-910M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	1.79	1.93	2.13	2.3	2.36
Return On Equity %	13.33	14.62	15.09	14.8	14.89
Return on Common Equity	13.17	14.28	14.68	14.43	14.49
Shareholders Value Added	459M	733M	886M	906M	972M
Margin Analysis
SG&A Margin	12.3	11.79	10.42	7.83	7.08
Net Interest Income / Total Revenues %	89.25	88.22	83.64	85.32	84.56
EBT Excl. Non-Recurring Items Margin %	45.9	52.57	52.43	43.2	41.86
Income From Continuing Operations Margin %	45.32	52.25	51.76	42.64	40.58
Net Income Margin %	45.93	52.28	51.52	42.81	40.63
Net Avail. For Common Margin %	42.86	49.4	49.11	40.64	38.7
Normalized Net Income Margin	29.3	32.89	32.53	27.17	26.21
Asset quality
Nonperforming Loans / Total Loans %	1.36	1.29	1.42	1.5	1.62
Nonperforming Loans / Total Assets %	1.02	0.94	1.1	1.19	1.27
Nonperforming Assets / Total Assets %	1.02	0.94	1.1	1.19	1.27
NPAs / Loans and OREO	1.36	1.29	1.42	1.5	1.62
NPAs / Equity	7.66	7.16	7.24	7.52	8.05
Allowance for Credit Losses / Net Charge-offs %	-22.06K	1.62K	-3.07K	-7.76K	-2.62K
Allowance for Credit Losses / Nonperforming Loans %	219.58	262.8	294.8	310.82	300.74
Allowance for Credit Losses / Total Loans %	2.98	3.39	4.18	4.66	4.87
Provision for Loan Losses / Net Charge-offs %	-7.14K	448.59	-615.8	-1.17K	-294.75
Capital And Funding
Total Average Common Equity / Total Average Assets %	12.86	12.77	13.76	15.18	15.53
Total Average Equity / Total Average Assets %	13.43	13.2	14.11	15.53	15.85
Total Equity + Allowance for Loan Losses / Total Loans %	20.03	20.95	23.3	24.15	24.59
Gross Loans / Total Deposits %	633.89	681.89	634.85	653.96	526.05
Net Loans / Total Deposits %	576.97	621.38	531.19	530.91	417.15
Tier 1 Capital Ratio %	18.21	17.7	18.7	19.2	19.75
Total Capital Ratio %	19.4	18.9	19.9	20.4	20.9
Core Tier 1 Capital Ratio	14.9	14.7	15.8	16.4	17.1
Tier 2 Capital Ratio	1.19	1.18	1.17	1.18	1.16
Coverage Ratio	219.58	262.8	294.8	310.82	300.74
Interbank Ratio	127.6	99.17	92.39	74.31	57.58
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	1.52	0.71	8.39	31.95	11.7
Non Interest Income, 1 Yr. Growth %	11.44	7.45	15.91	2.78	3.2
Provision For Loan Losses, 1 Yr. Growth %	102.34	5.02	-9.94	-11.42	-18.21
Total Revenues, 1 Yr. Growth %	-4.93	1.9	14.32	29.36	12.71
Earnings From Cont. Operations, 1 Yr. Growth %	1.33	17.48	13.24	6.58	7.28
Net Income, 1 Yr. Growth %	0.32	15.99	12.65	7.49	6.97
Normalized Net Income, 1 Yr. Growth %	0.15	14.37	13.08	8.04	8.72
Diluted EPS Before Extra, 1 Yr. Growth %	0.34	17.44	13.65	7.05	7.34
Dividend Per Share, 1 Yr. Growth %	-23.81	43.75	8.7	16	10.34
Gross Loans, 1 Yr. Growth %	5.18	7.72	1.17	5.74	4.8
Allowance For Loan Losses, 1 Yr. Growth %	44.56	22.6	24.66	17.73	9.53
Net Loans, 1 Yr. Growth %	4.68	7.84	-7.11	2.6	2.36
Non Performing Loans, 1 Yr. Growth %	15.26	2.43	-24.31	11.66	13.2
Non Performing Assets, 1 Yr. Growth %	15.26	2.43	-24.31	11.66	13.2
Total Assets, 1 Yr. Growth %	6.63	11.22	-5.11	2.8	6.14
Total Deposits, 1 Yr Growth %	7.32	0.13	8.67	2.65	30.28
Tangible Book Value, 1 Yr. Growth %	5.79	11.13	10.28	7.89	6.8
Common Equity, 1 Yr. Growth %	5.54	10.9	10.19	7.83	6.01
Total Equity, 1 Yr. Growth %	4.72	9.51	9.89	7.49	5.84
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	5.73	1.11	4.48	19.59	21.41
Non Interest Income, 2 Yr. CAGR %	22.63	9.43	11.6	9.15	2.99
Provision For Loan Losses, 2 Yr. CAGR %	58.12	45.77	-2.75	-10.68	-14.88
Total Revenues, 2 Yr. CAGR %	4.25	-1.58	7.93	21.61	20.75
Earnings From Cont. Operations, 2 Yr. CAGR %	7.02	9.11	15.34	9.86	6.93
Net Income, 2 Yr. CAGR %	5.47	7.87	14.31	10.04	7.23
Normalized Net Income, 2 Yr. CAGR %	5.73	7.02	13.73	10.53	8.38
Diluted EPS Before Extra, 2 Yr. CAGR %	5.9	8.55	15.53	10.3	7.2
Dividend Per Share, 2 Yr. CAGR %	-10.56	4.65	25	12.29	13.14
Gross Loans, 2 Yr. CAGR %	7.88	6.44	4.39	3.43	5.27
Allowance For Loan Losses, 2 Yr. CAGR %	35.34	33.12	23.63	21.15	13.56
Net Loans, 2 Yr. CAGR %	7.93	6.25	0.09	-2.38	2.48
Non Performing Loans, 2 Yr. CAGR %	17.27	8.66	6.69	-8.07	12.43
Non Performing Assets, 2 Yr. CAGR %	-10.91	8.66	6.69	-8.07	12.43
Total Assets, 2 Yr. CAGR %	6.67	8.9	2.73	-1.23	4.46
Total Deposits, 2 Yr CAGR %	-5.82	3.66	4.31	5.62	15.64
Tangible Book Value, 2 Yr. CAGR %	7.35	8.43	11.03	9.08	7.34
Common Equity, 2 Yr. CAGR %	7.17	8.19	10.55	9.01	6.92
Total Equity, 2 Yr. CAGR %	5.78	7.09	9.7	8.68	6.66
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	6.82	4.03	3.48	12.94	16.9
Non Interest Income, 3 Yr. CAGR %	25.3	17.35	11.54	8.58	7.13
Provision For Loan Losses, 3 Yr. CAGR %	38.56	37.96	24.15	-5.73	-13.26
Total Revenues, 3 Yr. CAGR %	7.19	3.46	3.46	14.65	18.57
Earnings From Cont. Operations, 3 Yr. CAGR %	10.31	10.4	10.47	12.34	8.99
Net Income, 3 Yr. CAGR %	8.41	8.87	9.44	11.99	9.01
Normalized Net Income, 3 Yr. CAGR %	7.42	8.54	9.01	11.8	9.93
Diluted EPS Before Extra, 3 Yr. CAGR %	9.09	9.62	10.23	12.63	9.31
Dividend Per Share, 3 Yr. CAGR %	-7.17	4.77	5.98	21.92	11.64
Gross Loans, 3 Yr. CAGR %	5.71	7.82	4.65	4.84	3.88
Allowance For Loan Losses, 3 Yr. CAGR %	48.2	30.95	30.24	21.63	17.14
Net Loans, 3 Yr. CAGR %	5.08	7.9	1.6	0.92	-0.82
Non Performing Loans, 3 Yr. CAGR %	12.73	12.1	9.48	8.32	-1.46
Non Performing Assets, 3 Yr. CAGR %	-8.24	-6.67	9.48	8.32	-1.46
Total Assets, 3 Yr. CAGR %	5.06	8.17	4.01	2.75	1.17
Total Deposits, 3 Yr CAGR %	1.19	-3.88	5.3	3.76	13.27
Tangible Book Value, 3 Yr. CAGR %	5.13	8.59	9.26	9.98	8.32
Common Equity, 3 Yr. CAGR %	4.96	8.4	8.85	9.64	8
Total Equity, 3 Yr. CAGR %	3.58	7.01	8.01	8.96	7.73
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	13.22	8.36	5.88	9.99	10.31
Non Interest Income, 5 Yr. CAGR %	12.78	11.29	19.63	14	8.04
Provision For Loan Losses, 5 Yr. CAGR %	64.47	43.05	20.27	15.94	6.76
Total Revenues, 5 Yr. CAGR %	9.8	6.17	7.48	10.37	10.06
Earnings From Cont. Operations, 5 Yr. CAGR %	8.52	11.03	12.3	10.18	9.04
Net Income, 5 Yr. CAGR %	9.42	10.53	10.74	9.34	8.55
Normalized Net Income, 5 Yr. CAGR %	10.47	10.35	9.9	9.33	8.76
Diluted EPS Before Extra, 5 Yr. CAGR %	8.72	10.76	11.62	9.89	9
Dividend Per Share, 5 Yr. CAGR %	-1.21	3.9	4.56	7.71	8.79
Gross Loans, 5 Yr. CAGR %	5.8	5.82	5.18	6.04	4.9
Allowance For Loan Losses, 5 Yr. CAGR %	46.41	43.02	37.83	26.94	23.29
Net Loans, 5 Yr. CAGR %	6.35	5.52	3.06	3.67	1.95
Non Performing Loans, 5 Yr. CAGR %	24.18	12.39	10.28	11.82	10.65
Non Performing Assets, 5 Yr. CAGR %	21.72	11.04	-2.54	0.18	10.65
Total Assets, 5 Yr. CAGR %	6.49	6.76	4.12	4.3	4.19
Total Deposits, 5 Yr CAGR %	-0.19	-1.41	2.43	-0.19	9.32
Tangible Book Value, 5 Yr. CAGR %	7.94	6.48	7.45	8.92	8.49
Common Equity, 5 Yr. CAGR %	7.72	6.28	7.16	8.64	8.07
Total Equity, 5 Yr. CAGR %	6.2	4.91	5.99	7.68	7.47