Money and business

Qatar National Bank shares rise to the highest price in 29 months

Qatar National Bank of Qatar, listed on the Qatar Stock Exchange, increased by 1.47% during the trading of Monday’s session, to trade at 18 riyals per share, achieving its highest price in 29 months.

At that time, 2.54 million shares of Qatar National Bank were traded, with a value of trading 45.45 million riyals.

The highest price for the share at that time was at 18 riyals, while the lowest price was at 17.74 riyals per share, to touch the highest price in two years, 5 months and 19 days.

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Qatar National Bank recorded a growth in its financial results for the second quarter of 2025, as the net profit increased by 2.99% on an annual basis to reach 4.14 billion Qatari riyals, compared to 4.02 billion riyals during the same period of 2024, which strengthened the bank’s performance during the first half of the year.

In terms of semi -annual results, the bank’s net profit reached 8.40 billion riyals in the first half of 2025, an increase of 2.94% compared to 8.16 billion riyals during the same period last year. The stock profit increased to 0.85 Qatari riyals, compared to 0.82 riyals in the first half of 2024.

In the context of enhancing the value for the shareholders, the bank announced the distribution of phased cash profits of 35% of the nominal value of the share, or 0.35 riyals per share, provided that the profits are due to the shareholders registered at the end of trading on July 17, 2025, after obtaining the approval of the Qatar Central Bank.

In the first quarter of the same year, the bank achieved profits of 4.26 billion riyals, an annual increase of 2.90% compared to 4.14 billion riyals in the first quarter of 2024, which reflects a gradual stability and growth in financial performance.

It is noteworthy that Qatar National Bank is one of the most prominent banking institutions in the region, and it is a public joint stock company listed on the Qatar Stock Exchange since May 1997, and it works in the various banking sector. Its headquarters are in Doha, Qatar, and it was established in June 1964.

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