Bank Muscat Sees RO 255.54 Million Net Profit in 2025: Implications for Investors and Business Growth in Oman
Bank Muscat Reports Strong Profit Growth for 2025
MUSCAT: Bank Muscat, the leading financial institution in the Sultanate of Oman, has announced its preliminary unaudited results for the year ending December 31, 2025. The bank recorded a net profit of RO 255.54 million, marking an increase of 13.3% from RO 225.58 million in the same period of 2024.
Key highlights from the results are as follows:
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Net Interest Income from Conventional Banking and Net Income from Islamic Financing reached RO 413.01 million for the year, up from RO 397.70 million in 2024, reflecting a growth of 3.8%.
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Non-interest Income totaled RO 174.18 million for 2025, compared to RO 145.00 million in 2024, representing a significant increase of 20.1%, attributed to growth in business volumes and higher investment income.
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Operating Expenses for 2025 were RO 222.88 million, an increase of 6.5% from RO 209.26 million in the previous year.
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Net Impairment Losses on financial assets decreased to RO 60.97 million from RO 64.41 million in 2024.
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Net Loans and Advances, which include Islamic financing receivables, rose by 4.8% to RO 10,731 million, up from RO 10,237 million as of December 31, 2024.
- Customer Deposits, including Islamic customer deposits, climbed 6.7% to RO 10,430 million, compared to RO 9,777 million from the prior year.
The complete set of unaudited financial statements and detailed results for the year will be released after the Board of Directors’ meeting scheduled later this month in January 2026.
Special Analysis by Omanet | Navigate Oman’s Market
The 13.3% increase in net profit for Bank Muscat signals a robust recovery and growth potential in Oman’s banking sector. This presents opportunities for businesses seeking financing and investment in expansion, particularly in light of the 20.1% increase in non-interest income, indicating higher business activity. However, investors should remain cautious of the rising operating expenses, suggesting a need for strategic cost management in their ventures.
