MUSCAT — Bank Muscat recently announced its preliminary unaudited results for the year ended December 31, 2025. The Bank posted a net profit of OMR255.54 million for the period compared to OMR 225.58 million reported during the same period in 2024, an increase of 13.3 percent.
The key highlights of the results for the year are as follows:
Net Interest Income from Conventional Banking and Net Income from Islamic Financing stood at OMR413.01 million for the year ended December 31, 2025 compared to OMR397.70 million for the same period in 2024, an increase of 3.8 percent. Non-interest income was OMR174.18 million for the year ended December 31, 2025 as compared to OMR145.00 million for the same period in 2024, an increase of 20.1 per cent due to growth in business volumes and higher investment income. Operating expenses for the year ended 31 December 2025 was OMR222.88 million as compared to RO 209.26 million for the same period in 2024, an increase of 6.5 percent. Net impairment losses on financial assets for the year ended December 31, 2025 was OMR60.97 million as against OMR64.41 million for the same period in 2024. Net Loans and advances including Islamic financing receivables increased by 4.8 per cent to OMR10,731 million as against OMR10,237 million as at December 31, 2024.
Customer deposits including Islamic Customer deposits increased by 6.7 percent to OMR10,430 million as against OMR9,777 million as at December 31, 2024.
Key highlights of preliminary unaudited results
| Particulars (OMR million)For the year ended | 31 Dec2025 | 31 Dec2024 | Change (%) |
| Net interest income & Islamic financing income | 413.01 | 397.70 | 3.8% |
| Other operating income | 174.18 | 145.00 | 20.1% |
| Operating expenses | 222.88 | 209.26 | 6.5% |
| Operating profit | 364.31 | 333.44 | 9.2% |
| Net profit | 255.54 | 225.58 | 13.3% |
| Particulars (OMR million) As at year ended | 31 Dec2025 | 31 Dec2024 | Change (%) |
| Total Assets | 15,114 | 13,912 | 8.6% |
| Net loans and Islamic financing | 10,731 | 10,237 | 4.8% |
| Conventional loans and advances | 9,072 | 8,616 | 5.3% |
| Islamic financing receivables | 1,659 | 1,621 | 2.3% |
| Customer deposits and Islamic deposits | 10,430 | 9,777 | 6.7% |
| Conventional customer deposits | 8,741 | 8,193 | 6.7% |
| Islamic customer deposits | 1,689 | 1,584 | 6.6% |
| Total Equity* | 2,597 | 2,445 | 6.2% |
*Total Equity includes Perpetual Tier I capital of RO 505 million (2024: RO 505 million).
The full results for the year ended December 31, 2025 along with the complete set of unaudited financial statements will be released following the approval of the Board of Directors of the Bank at its meeting scheduled later during January 2026.
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