- Bank Muscat reported a net income of 209.2 million rials for the first nine months of 2026, marking a 9.2% increase compared to the previous year.
- Operating profit rose by 3.4% year over year, reaching 280.8 million rials.
- Net interest income was up by 3.4%, amounting to 321.4 million rials.
- Non-interest income saw a growth of 6.5%, totaling 131.6 million rials.
- Operating expenses increased by 5.8% to 172.3 million rials.
- Impairments decreased significantly by 25%, bringing them down to 32.8 million rials.
- The bank’s total assets grew by 9.9%, reaching 16.00 billion rials.
- Net loans increased by 7.9% to 11.55 billion rials.
- Customer deposits rose by 8.1%, amounting to 10.92 billion rials.
- Analyst recommendations include three buys and two holds, with no sell recommendations.
A look at Bank Muscat SAOG Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts using the Smartkarma Smart Scores have provided a positive long-term outlook for Bank Muscat SAOG. With solid ratings in Resilience and Momentum, scoring 4 and 5 respectively, the company is poised for stability and growth. These scores suggest that Bank Muscat SAOG is well-equipped to withstand market fluctuations and capitalize on positive trends in the future.
While the Value, Dividend, and Growth scores are rated at 3 each, indicating a moderate performance in these areas, the overall outlook remains optimistic. Bank Muscat SAOG, known for its diverse financial services including corporate banking, retail banking, and investment banking, is further supported by its international operations, making it a promising player in the financial sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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