GFH Bank records 12% higher net profits in Q1-26; total assets hit $12.1bn

Mubasher: GFH Bank, formerly known as GFH Financial Group, reported net profits valued at $34.34 million in the first quarter (Q1) of 2026, up 11.90% year-on-year (YoY) from $30.69 million.

The basic and diluted earnings per share (EPS) reached $1.01 in the first three months (3M) of 2026, versus $0.85 a year earlier, according to the financial results.

GFH Bank reported total income amounting to $150.99 million in Q1-26, an annual growth of 23.90% from $121.87 million.

Total assets hit $12.17 billion as of 31 March 2026 when compared with $12.20 billion at the end of December 2025.

The cross-listed group currently manages assets and funds valued at nearly $24 billion, including a global investment portfolio spanning the GCC, the US, and Europe across sectors including industrial and logistics, healthcare, education, technology, infrastructure, and real estate.

Chairman of GFH Bank, Abdulmohsen Rashed Al Rashed, commented: Despite the effects such circumstances have had across sectors, the bank continued to generate solid income and profitability, supported by the quality of its platform, the breadth of its activities, and a continued focus on long-term value creation for shareholders. I would also reiterate that our transition to GFH Bank further reflects the continued evolution of our integrated banking and investment model.”

The company’s net profits climbed by 13.20% YoY to $145.50 million in 2025 from $128.51 million.

GFH’s shares are listed on the Bahrain Bourse (BHB), Abu Dhabi Securities Exchange (ADX), Boursa Kuwait and Dubai Financial Market (DFM).

Mubasher Contribution Time: 17-May-2026 12:23 (GMT)
Mubasher Last Update Time: 17-May-2026 12:23 (GMT)