Doha, July 16 (QNA) - Commercial Bank's net profits declined by 19.70 percent in the first half of 2025 to QR 1.261 billion, compared to QR 1.570 billion in the same period of 2024.

Data issued by the bank and published on the Qatar Stock Exchange (QSE) website on Wednesday showed a decline in earnings per share to QR 0.32 for the period ending June 30, 2025, compared to earnings per share of QR 0.40 for the same period of 2024.

On May 22, 2025, the Board of Directors of Commercial Bank also approved a plan to buy back a maximum of 10 percent of the bank's fully paid-up issued shares, subject to obtaining all necessary regulatory approvals.

Based on this and the growth in the loan portfolio, it was decided not to distribute interim dividends for the period ending June 30, 2025. (QNA)