Qatar National Bank (Q.P.S.C.)

Qatar Stock Exchange QNBK.QA

Qatar National Bank (Q.P.S.C.) Gross Profit for the year ending December 31, 2023: USD 10.29 B

Qatar National Bank (Q.P.S.C.) Gross Profit is USD 10.29 B for the year ending December 31, 2023, a 9.69% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Qatar National Bank (Q.P.S.C.) Gross Profit for the year ending December 31, 2022 was USD 9.38 B, a 23.09% change year over year.
  • Qatar National Bank (Q.P.S.C.) Gross Profit for the year ending December 31, 2021 was USD 7.62 B, a 10.18% change year over year.
  • Qatar National Bank (Q.P.S.C.) Gross Profit for the year ending December 31, 2020 was USD 6.92 B, a 0.38% change year over year.
  • Qatar National Bank (Q.P.S.C.) Gross Profit for the year ending December 31, 2019 was USD 6.89 B, a 4.27% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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Qatar Stock Exchange: QNBK.QA

Qatar National Bank (Q.P.S.C.)

CEO Mr. Abdulla Mubarak N. Al-Khalifa
IPO Date Feb. 22, 2010
Location Qatar
Headquarters PO Box 1000
Employees 13,600
Sector Finance
Industries
Description

Qatar National Bank (Q.P.S.C.), together with its subsidiaries, provides commercial and Islamic banking products and services. The company operates through four segments: Corporate Banking, Consumer Banking, Asset and Wealth Management, and International Banking. It offers personal banking products and services, such as current, savings, fixed deposit, and call-notice deposit accounts; credit, debit, and pre-paid cards; personal, top-up, vehicle, vehicle lease, and mortgage loans; insurance products, including life, salary continuation, critical illness, motor, mortgage, and travel insurance; asset management services; and mobile, Internet, ATM, SMS, and USSD banking services. The company also provides business banking products and services, including current, call, fixed deposit, and non-resident accounts; working capital, project, and vehicle loans; structured and project finance; transaction banking services; and credit cards. In addition, it offers financial institutions, treasury, investment banking, and advisory services; and brokerage and custody services. The company serves individuals and corporates, as well as high net worth customers. It operates a network of 1,045 branches and 4,391 ATMs in Africa, Asia, Europe, the Middle East, and GCC countries. The company was formerly known as Qatar National Bank S.A.Q. and changed its name to Qatar National Bank (Q.P.S.C.) in January 2016. Qatar National Bank (Q.P.S.C.) was founded in 1964 and is headquartered in Doha, Qatar.

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StockViz Staff

January 15, 2025

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