About GBK
Gulf Bank K.S.C.P. provides various banking products and services to individual, corporate, and institutional customers in Kuwait. It operates through Commercial Banking, and Treasury & Investments segments. The company accepts current accounts, salary accounts, savings accounts, youth programs, Al Danah accounts, and term and time deposits. Its loan products include housing, consumer, secured cash, auto, secured, revolving term, and installment loans. The company also offers project finance, letters of credit, and letters of guarantee, as well as overdrafts, and working capital and long-term asset financing solutions. In addition, it provides digital wallets; credit, prepaid, and debit cards; investment funds, online trading, and transaction and merchant banking services; and foreign exchange, custodian/investment controller, portfolio management, GB products sales back office, bond's fiscal/paying agent, back office, public and private placements, and funds and structured products. Further, the company offers money market and treasury services; and safety deposit box, credit card facilities, ministries' salary, salary transfer, advisory, online banking, travel insurance, and other services. Gulf Bank K.S.C.P. was incorporated in 1960 and is headquartered in Kuwait City, Kuwait.
Headquarters
Kuwait City, Kuwait
Industry
Banking
Exchange
Boursa Kuwait
Key Metrics
Stock & Valuation
Profitability
Returns
Financial Health
GBK annual financials
Gulf Bank KSCP — revenue, net profit, assets, equity and earnings per share, 2020–2025. Source: audited annual reports filed to Boursa Kuwait.
| Year | Revenue | Net profit | Total assets | Equity | EPS |
|---|---|---|---|---|---|
| 2025 | KD 188.9m | KD 52.4m | KD 7.70bn | KD 854.4m | 13.1 fils |
| 2024 | KD 199.3m | KD 60.2m | KD 7.48bn | KD 833.6m | 16.0 fils |
| 2023 | KD 190.3m | KD 71.2m | KD 7.17bn | KD 816.8m | 21.0 fils |
| 2022 | KD 181.1m | KD 61.8m | KD 6.85bn | KD 720.0m | 19.0 fils |
| 2021 | KD 170.1m | KD 42.1m | KD 6.56bn | KD 666.5m | 14.0 fils |
| 2020 | KD 158.3m | KD 28.8m | KD 6.11bn | KD 637.4m | 10.0 fils |
Latest earnings call — Q2 2026
Gulf Bank KSCP analyst conference, 4 August 2026
Gulf Bank delivered a significant bottom-line acceleration in Q2 2026, lifting H1 net profit by 14.1% YoY to KD 27.4m (Q2 profit surged 91% QoQ to KD 18.0m). The earnings spike was primarily driven by a positive surprise in asset quality: credit costs collapsed to KD 2.5m in Q2 (16 bps Cost of Risk vs. 61 bps in Q1) due to retail recoveries and corporate provision reversals. Top-line expansion was front-loaded with gross loans up 7.3% YTD (beating market loan growth of 3.6%), though pre-provision operating profit slipped 3% YoY in H1 due to rising strategic costs and operational risk buffers.
Full brief: numbers that matter, guidance, analyst pushback, risks · ~500 words
Sign up free to readDividend History
Latest DPS
0.005 KD
Year 2025
Dividend Yield
1.42%
Annual
Avg DPS
0.008 KD
11 years
Growth
+25.0%
11 years
Recent Payments
0.005 KD
Paid 4/15/2026
0.010 KD
Paid 4/15/2025
0.012 KD
Paid 4/18/2024
