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Gulf Bank KSCP

GBK • Kuwait Boursa

0.352 KWD-0.56%

Sector

Banking

Last Updated

9/3/2026

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

Stock Price:0.352 KD
EPS:0.013 KD
P/E Ratio:26.8
Price to Book:0.00
Dividend Yield:1.42%

Profitability

Net Profit:52.4M KD
Revenue:188.9M KD
Gross Margin:100.0%
Operating Margin:50.1%
Net Margin:27.7%

Returns

ROE:6.1%
ROA:0.7%
Total Assets:7.7B
Total Equity:854.4M
Operating Cash Flow:-657.4M KD

Financial Health

Current Ratio:1.19
Debt to Equity:8.01
Cash:843.1M KD
Total Liabilities:6.85B KD
Net Cash Position:-6.00B KD

GBK annual financials

Gulf Bank KSCP — revenue, net profit, assets, equity and earnings per share, 20202025. Source: audited annual reports filed to Boursa Kuwait.

Gulf Bank KSCP (GBK) annual financial results in Kuwaiti dinars
YearRevenueNet profitTotal assetsEquityEPS
2025KD 188.9mKD 52.4mKD 7.70bnKD 854.4m13.1 fils
2024KD 199.3mKD 60.2mKD 7.48bnKD 833.6m16.0 fils
2023KD 190.3mKD 71.2mKD 7.17bnKD 816.8m21.0 fils
2022KD 181.1mKD 61.8mKD 6.85bnKD 720.0m19.0 fils
2021KD 170.1mKD 42.1mKD 6.56bnKD 666.5m14.0 fils
2020KD 158.3mKD 28.8mKD 6.11bnKD 637.4m10.0 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

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Dividend 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

2025 Dividend(annual)

0.005 KD

Paid 4/15/2026

2024 Dividend(annual)

0.010 KD

Paid 4/15/2025

2023 Dividend(annual)

0.012 KD

Paid 4/18/2024