Risk management helps QNB net profit rise in second quarter

Qatar National Bank (QNB) said net earnings rose in the second quarter of 2026, helped by higher fee and commission income.

Net profit attributable to shareholders reached QAR4.3 billion ($1.2 billion) in the quarter ending June 30, up 5 percent year on year, according to the lender’s latest financial statement.

Operating income at the region’s largest lender by assets rose 11 percent to QAR12 billion, driven by an 11 percent increase in net interest income to QAR9.4 billion.

Net profit rose 4 percent to QAR8.7 billion in the first half of 2026, while total assets increased 6 percent to QAR1.4 trillion.

QNB Group CEO Abdullah Mubarak Al Khalifa said the bank delivered strong results thanks to its diversified business model and robust risk management, despite regional and global challenges.

QNB branches were temporarily shut after the start of the US-Iran war in late February but reopened on March 24.

The lender’s shares closed 0.7 percent lower at QR17.40. The stock is down almost 9 percent so far this year.

Further reading:

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