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Warba Bank

WARBABANK • Kuwait Boursa

0.256 KWD-0.78%

Sector

Banking

Last Updated

10/19/2026

About WARBABANK

Warba Bank K.S.C.P., together with its subsidiaries, provides various banking products and services in Kuwait, rest of the Middle East countries, and internationally. It operates through Corporate, Retail, Treasury, Investment, and Other segments. The company offers current, salary, investment savings, family, and call accounts; credit cards; fixed deposits; and personal financing products, including auto, consumer, medical, housing, Al Wafi, transfer the debt, auto and medi cash, and health educational programs finance services. It also provides corporate banking services, such as real estate and industrial plot Ijara ending with ownership transfer, private housing finance, commodity Murabaha, and letters of credit and guarantee, as well as financing for the purchase of assets; and investment banking services, such as structured, securitization, and syndication finance services. In addition, the company offers discretionary, non-discretionary, and custody portfolio management services; online and mobile banking services; and POS devices, corporate deposit card, concierge, and payment gateway activities. Further, the company provides real estate, financial securities, and corporate management services; and partners with the brands and agencies to introduce them to the Kuwait market. Warba Bank K.S.C.P. was incorporated in 2010 and is headquartered in Kuwait City, Kuwait.

Headquarters

Kuwait City, Kuwait

Industry

Banking

Exchange

Boursa Kuwait

Key Metrics

Stock & Valuation

Stock Price:0.256 KD
EPS:0.011 KD
P/E Ratio:22.3
Price to Book:0.00
Dividend Yield:0.00%

Profitability

Net Profit:49.6M KD
Revenue:109.3M KD
Gross Margin:N/A
Operating Margin:56.9%
Net Margin:45.4%

Returns

ROE:5.1%
ROA:0.8%
Total Assets:6.0B
Total Equity:980.1M
Operating Cash Flow:-391.8M KD

Financial Health

Current Ratio:N/A
Debt to Equity:5.15
Cash:360.5M KD
Total Liabilities:5.05B KD
Net Cash Position:-4.69B KD

WARBABANK annual financials

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

Warba Bank (WARBABANK) annual financial results in Kuwaiti dinars
YearRevenueNet profitTotal assetsEquityEPS
2025KD 109.3mKD 49.6mKD 6.03bnKD 980.1m11.5 fils
2024KD 80.3mKD 22.4mKD 5.29bnKD 411.8m8.8 fils
2023KD 64.1mKD 19.7mKD 4.83bnKD 391.2m8.1 fils
2022KD 79.2mKD 19.3mKD 4.20bnKD 373.9m7.4 fils
2021KD 107.4mKD 16.0mKD 3.58bnKD 415.8m6.0 fils
2020KD 78.8mKD 5.6mKD 3.48bnKD 280.1m0.4 fils

Latest earnings call — Q2 2026

Warba Bank analyst conference, 18 August 2026

Warba Bank delivered solid core earnings growth for H1 2026, driven by margin expansion and an acceleration in financing momentum during Q2 after a geopolitical slowdown in Q1. Net profit increased 18.9% YoY to KWD 24.2M, but headline EPS fell 21.9% YoY to 4.29 fils due to share dilution from the 2025 rights issue. The main takeaway is operational resilience: Net Financing Margins (NFM) widened slightly as funding costs repriced faster than assets following rate cuts, and financing growth accelerated to 6% QoQ (+KWD 220M). While provisions spiked (+84% YoY), asset quality remains contained with NPLs stable at 1.4%.

Full brief: numbers that matter, guidance, analyst pushback, risks · ~450 words

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Dividend History

Latest DPS

0.003 KD

Year 2022

Dividend Yield

0.00%

Annual

Avg DPS

0.003 KD

5 years

Growth

0.0%

5 years

Recent Payments

2025 Dividend(bonus)

—

Paid 4/29/2026

2024 Dividend(bonus)

—

Paid 4/28/2025

2023 Dividend(bonus)

—

Paid 5/15/2024