AlRayan Bank has reported net profit of QR361mn; translating into earnings-per-share of QR0.039 at the end of first quarter (Q1) ended March 2026.
However, net earnings were down 11.4% year-on-year in the review period.
Total assets increased by 3.3% year-on-year to QR174.96bn with financing assets gaining 0.7% to QR111.99bn in January-March 2026.
Deposits stood at QR116bn in Q1-2026, showing a 3.9% growth on an annualised basis.
“The group delivered a solid performance in Q1-2026, supported by the resilience of its core business lines and a disciplined approach to financial management. Despite ongoing geopolitical and macroeconomic uncertainty, the group maintained strong capital and liquidity positions, underpinned by robust governance and proactive risk management," said Sheikh Mohammed bin Hamad bin Qassim al-Thani, chairman.
Looking ahead, the group remains focused on disciplined execution of its strategy, operational resilience, and long‑term value creation, while continuing to deliver Shariah‑compliant solutions that support Qatar’s economic development, according to him.
Indicating strong performance, the bank's efficiency (cost to income) ratio improved to 29.9% in Q1-2026 compared to 27.3% the previous year period.
Non-performing assets ratio was down to 5.36% at the end of March 2026 against 5.37% a year-ago period.
Capital adequacy ratio marginally improved to 25.9% in the first three months of this year compared to 25.46% the previous year period.
"We delivered a robust operating performance during the quarter, while remaining firmly committed to our customer‑centric strategy, without compromising on cost discipline or operational efficiency...This resilient result underscores the strength of our fundamentals and our continued focus on sustainable profitability. The bank’s liquidity and capital position remain strong,” said Fahad bin Abdulla al-Khalifa, Group chief executive officer.
Finding that the global geopolitical environment in early 2026 remains complex amid regional tensions and macroeconomic uncertainty; the bank said it continues to proactively manage geopolitical risks, with a focus on operational resilience, liquidity, and capital strength.
Strategic planning incorporates stress scenarios related to geopolitical volatility, profit rate movements, and market disruptions. Supported by a diversified business model and a strong balance sheet, the group remains well positioned to navigate uncertainty while focusing on long-term value creation, it added.
