Qatar Islamic Bank (Q.P.S.C.) Third Quarter 2024 Earnings: EPS: ر.ق0.51 (vs ر.ق0.47 in 3Q 2023)

Qatar Islamic Bank (Q.P.S.C.) (DSM:QIBK) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.ق2.89b (up 11% from 3Q 2023).
• Net income: ر.ق1.20b (up 9.1% from 3Q 2023).
• Profit margin: 42% (in line with 3Q 2023).
• EPS: ر.ق0.51 (up from ر.ق0.47 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Qatar Islamic Bank (Q.P.S.C.) Earnings Insights

Looking ahead, revenue is expected to decline by 9.3% p.a. on average during the next 3 years, while revenues in the Banks industry in Qatar are expected to grow by 1.3%.

Performance of the Qatari Banks industry.

The company's shares are up 4.1% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on Qatar Islamic Bank (Q.P.S.C.)'s balance sheet.

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