KIB, WARBA Bank, and KFH top fastest-growing listed banks on Kuwait Stock Exchange in net profits during Q1-2025

First Bank list of banks listed on the Kuwait Stock Exchange with the fastest growth in net profits during the first quarter of 2025 revealed that Kuwait International Bank topped the list, with a growth rate of 19.9%, bringing its net profits to mn Kuwaiti dinars in the first 3 months of 2025, compared to 6.15 million Kuwaiti dinars in the same period in 2024.

The list, which included all 9 banks listed on the Kuwait Stock Exchange, revealed that 5 of them achieved positive growth rates, while 4 banks witnessed a noticeable decline in their net profits during the first quarter of 2025.

Returning to the list, Warba Bank won second place, as its net profits increased by about 16.4%, recording 5.51 million Kuwaiti dinars during the first quarter of 2025, compared to 4.74 million Kuwaiti dinars during the same period in 2024.

Kuwait Finance House Bank came third, thanks to an increase in its net profits by about 12.6%, reaching 189.4 million Kuwaiti dinars in the first 3 months of 2025, compared to 168.2 million Kuwaiti dinars in the same period in 2024.

Boubyan Bank came in fourth place, after its net profit increased by about 9.9%, reaching 27.06 million Kuwaiti dinars during the first quarter of 2025, compared to 24.62 million Kuwaiti dinars during the same period in 2024.

Al Ahli Bank of Kuwait came fifth, as its net profits jumped by about 7.8%, recording 15.77 million Kuwaiti dinars during the first quarter of 2025, compared to 14.64 million Kuwaiti dinars during the same period in 2024.

It is worth noting that all values and growth rates mentioned in the above analysis are according to the combined financial statements announced for each bank at the end of March 2025.