Commercial Bank Financial Performance
Earnings Performance - For the year ended 31 December 2022
Profitability
Net interest income up by 10.9% to QAR 4,106.0m in FY 2022 v FY
2021.
Net interest margin
2.8%
2.7%
2.4%
2.3%
NIM increased to 2.8% in FY 2022 vs 2.7% in FY 2021 as we
improve our funding base and reprice the assets.
2.1%
Normalized non-interest income up 11.4% to QAR 1,192.4m
(-15.1% to QAR 1,188.0m on reported basis) in FY 2022 v FY 2021.
Normalized net fee income and other income increased by
QAR 288.7 million mainly due to higher FX and trading
income.
Net income from investment activities decreased by
QAR 166.2m due to unrealized mark to market movement in
investments.
2018
2019*
2020*
2021*
2022
Net interest income as a % of average interest earning assets, including (i) Loans and advances to
customers (ii) bonds and (iii) loans to other credit institutions
Operating Profit
4,156
3,621
3,141
2,753
2,335
2018
2019*
2020
2021
2022
*Normalized
11
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