The Commercial Bank (Q.S.C.) (DSMD:CBQK)

Q4 2025 Commercial Bank PSQC Earnings Call Transcript

Jan 26, 2026 / 10:00 AM GMT

Release Date Price: ر.ق4.7 (+1.51%)

Transcript

Key Points

Positve

The Commercial Bank (Q.S.C.) (DSMD:CBQK) reported a net profit before tax of 2,384 million Qatari Riyals for the year ended December 31, 2025, indicating positive momentum with net interest income up by 3% and fees and other income up by 10.8%.
The bank has a strong retail and wealth franchise, particularly among expats, and plans to accelerate growth in the Qatari customer segment, focusing on affluent and private banking customers.
The bank is committed to leveraging AI to enhance service, automate operations, and improve decision-making, with several AI initiatives already delivering measurable business value.
The bank aims to maintain a leadership position in digital adoption in Qatar, enhancing digital delivery across onboarding, servicing, and cross-channel engagement.
The bank's strategy includes improving capital efficiency and portfolio returns, diversifying its fund base, and maintaining strict cost discipline with positive jaws expected from 2027 onwards.

Negative

The bank faces margin pressure from global rate normalization and increasing competition, which could impact profitability.
There is a need to address legacy exposures, which have been an ongoing issue for the bank, requiring further provisioning over the next few years.
The bank's Turkish subsidiary reported a loss of 144.7 million Qatari Riyals, impacted by hyperinflation and higher operating expenses.
The bank's net cost of risk is expected to remain elevated in 2026 and 2027, with a net cost of risk between 80 to 100 basis points, slightly elevated from normalized levels.
The bank's funding cost is relatively high compared to the market, necessitating a focus on improving the deposit mix and reducing the cost of funding.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

COMB.QA - Commercial Bank PSQC
Q4 2025 Commercial Bank PSQC Earnings Call
Jan 26, 2026 / 10:00AM GMT

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Presentation
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Unidentified_1 [1]
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Good afternoon, ladies and gentlemen

Amarhan, had of the agents, taking out 25 in the strategy update.

On this call, I want to my left.

Stevan Moss

During the duration of this call, we'll put you on mute.

And once the presentation is complete, I'll come back to you for a question-and-answers.

And now I hand over to Shivan Moss, who will provide an update on our strategy.

Good afternoon, everybody.

Thank you, fine.

For those of you who don't know me, my name is Stephen Moss.

I joined as the group CEO of the commercial bank on the 1st of August last year.

Now today, asan said, we're going to talk you through the next phase of our

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