National Bank of Kuwait

NBK • Kuwait Boursa

0.864 KWD+0.12%

Sector

Banking

Last Updated

9/3/2026

About NBK

National Bank of Kuwait S.A.K.P., together with its subsidiaries, provides financial and investment services and solutions to individual, corporate, and institutional clients in Kuwait, the Middle East, North Africa, Europe, the United Kingdom, and internationally. It operates through six segments: Consumer Banking, Corporate Banking, NBK Wealth, Islamic Banking, Group Center, and International Banking. The company offers consumer loans, credit cards, trade finance, deposits, foreign exchange and advisory, and other related services. It also provides a full range of asset management, custody, brokerage, lending, and other customized and banking services to high-net-worth individuals and institutional clients. In addition, the company offers Islamic banking products and services; investment products; and treasury services and products. National Bank of Kuwait S.A.K.P. was incorporated in 1952 and is headquartered in Kuwait City, Kuwait.

Headquarters

Kuwait City, Kuwait

Industry

Banking

Exchange

Boursa Kuwait

Key Metrics

Stock & Valuation

Stock Price:0.864 KD

EPS:0.064 KD

P/E Ratio:13.5

Price to Book:0.00

Dividend Yield:4.05%

Profitability

Net Profit:615.9M KD

Revenue:1.30B KD

Gross Margin:100.0%

Operating Margin:55.7%

Net Margin:51.0%

Returns

ROE:12.4%

ROA:1.6%

Total Assets:45.6B

Total Equity:5.7B

Operating Cash Flow:1.07B KD

Financial Health

Current Ratio:0.92

Debt to Equity:6.82

Cash:4.88B KD

Total Liabilities:39.96B KD

Net Cash Position:-35.08B KD

NBK annual financials

National Bank of Kuwait — revenue, net profit, assets, equity and earnings per share, 2020–2025. Source: audited annual reports filed to Boursa Kuwait.

National Bank of Kuwait (NBK) annual financial results in Kuwaiti dinars
Year	Revenue	Net profit	Total assets	Equity	EPS
2025	KD 1.30bn	KD 615.9m	KD 45.61bn	KD 5.65bn	64.0 fils
2024	KD 1.25bn	KD 638.6m	KD 40.34bn	KD 5.16bn	69.0 fils
2023	KD 1.17bn	KD 588.4m	KD 37.66bn	KD 4.91bn	68.0 fils
2022	KD 1.01bn	KD 530.1m	KD 36.34bn	KD 4.63bn	65.0 fils
2021	KD 906.3m	KD 380.6m	KD 33.26bn	KD 4.47bn	47.0 fils
2020	KD 842.5m	KD 258.7m	KD 29.72bn	KD 4.14bn	32.0 fils

Latest earnings call — Q2 2026

National Bank of Kuwait analyst conference, 22 July 2026

NBK delivered resilient 1H26 results despite regional geopolitical disruption and the closure of the Strait of Hormuz, reporting net profit of KD324.8m (+3.0% YoY; 2Q26 +4.5% YoY to KD189m). Earnings were an operational meet-to-slight-beat, supported by one-off tax reversals and strong fee generation (+7.8% YoY), offsetting higher net credit provisions. Core lending momentum is decelerating—gross loans grew +3.6% YTD (+8.9% YoY) as Kuwait project awards halved sequentially to KD600m in 2Q26. Net Interest Margin (NIM) compressed 17 bps YoY to 2.29%, but stabilized sequentially at 2.28%, suggesting margin pressure is bottoming.

Full brief: numbers that matter, guidance, analyst pushback, risks · ~500 words

Dividend History

Latest DPS

0.035 KD

Year 2025

Dividend Yield

4.05%

Annual

Avg DPS

0.026 KD

13 years

Growth

+16.7%

13 years

Recent Payments

2025 Dividend(annual)

0.035 KD

Paid 4/9/2026

2024 Dividend(interim)

0.010 KD

Paid 8/11/2024

2023 Dividend(interim)

0.010 KD

Paid 8/21/2023