Sohar International Bank SAOG (BKSB) Earnings Call Transcripts

Sohar International Bank SAOG's Latest Earnings Call - April 13, 2026

In Q4 2025, Sohar International Bank reported stable financial performance with a profit of OMR 100 million, consistent with the previous year. The bank's total assets reached $24 billion, bolstered by the 2023 merger with HSBC's Oman operations. Despite a 35% increase in loans, net interest income declined by $13.6 million due to lower yields on U.S. dollar treasury bills. Management did not provide specific guidance for 2026 but highlighted ongoing investments in IT and expansion in Saudi Arabia.

Reported metrics

Guidance from management

Management did not provide specific guidance for 2026 but emphasized continued investment in IT and expansion in Saudi Arabia.

What management said

Craig, there's a question which we will send to you about our strong loan growth while declining the margin. Maybe you can provide the details for later did, I think, in the presentation.

We will send it to you right now. For the second point about the 2026 and 2027, I think we don't provide any forecast for the analyst. So that's the answer it, but the details of the decline in margin and growth in loans, Craig will provide it to you.

What analysts pressed on

Analysts questioned the decline in net interest margin despite strong loan growth. They also inquired about the timing for the Saudi branch to reach similar ROE as Omani operations, to which management did not provide specific forecasts.

Main topics on the call

• Merger Impact — The merger with HSBC's Oman operations added OMR 1.1 billion in loans and OMR 1.7 billion in deposits, significantly enhancing liquidity and asset base. 'The HSBC merger generated OMR 1.1 billion of loans, OMR 1.7 billio...
• Net Interest Margin Decline — Net interest margin fell to 2.0% due to a decrease in yields on treasury bills, despite a 35% increase in loans. 'The bank's cost of funds overall were slightly up, but the yield was significantly down.'
• Operating Income Growth — Other operating income increased by $21.1 million, driven by a one-off gain on bond sales and growth in asset management and investment banking services. 'The increase of $21.1 million, there are 4 key components I wish ...
• Cost Management — Operating expenses rose by OMR 13.1 million, attributed to increased staff costs and investments in IT and marketing. 'The increase of OMR 13.1 million is reflected with an increase in our staff costs of OMR 3.2 million....

Read the full Sohar International Bank SAOG transcript (April 13, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 Sohar International Bank SAOG earnings call transcripts on record, spanning April 14, 2025 to August 10, 2026. Based on this history, Sohar International Bank SAOG reports semi-annually. The most recent call on file is dated August 10, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

BKSB

Exchange

MSM

Country

OM

Sector

Financials

Industry

Banks

Calls on record

4

First call

April 14, 2025

Most recent

August 10, 2026

Reporting cadence

semi-annually