Qatar National Bank (Q.P.S.C.) — Cyborg Score 7/10
Strong
Universal banking
Strategic Profile
QNB maintains strong operational performance driven by diversified revenue streams and robust fee income from Turkey and Egypt franchises despite regional challenges. The bank's efficiency ratio of 24.1% is considered one of the best among large financial institutions in the MEA region, underpinning its competitive positioning in regional banking markets.
Cyborg Score Rationale
QNB achieved Q1 2026 revenue of $12.08 billion, surpassing forecasts by 6.62%. The bank maintains one of the lowest non-performing loan ratios in the MEA region at 2.7% and a loan loss coverage ratio of 100%. However, increased ECL charges due to geopolitical tensions in the Middle East and regional macroeconomic pressures present headwinds.
Top Insights
Q1 2026 revenue beat forecasts by 6.62% at $12.08B, though EPS of $0.44 missed estimates by 3.21%
Total assets reached $387B (up 6% YoY) with loan growth of 8% to $282B and customer deposits up 5% to $267B
Full-year 2026 guidance projects net profit growth of 5%-7% and balance sheet expansion of 6%-8%
Capital adequacy ratio maintained at 19.4% with strong liquidity metrics (LCR 147%, NSFR 107%)
Named Competitors
NBAD — Leading UAE-based diversified bank with strong regional presence
Emirates NBD — Major UAE banking group with significant MEA footprint
SNB — Saudi Arabia's diversified banking services provider
Recent Developments
(April 2026) Q1 2026 earnings reported revenue of $12.08B beating forecasts, with net profit up 2% YoY to $1.2B
(April 2026) Total assets reached $387B, up 6% from March 2025, driven by 8% loan growth to $282B
(April 2026) Provided full-year 2026 guidance projecting 5%-7% net profit growth and 6%-8% balance sheet expansion
Open the full interactive Qatar National Bank (Q.P.S.C.) report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.