{"url":"https://newsforagent.com/news/2026-10-22/lesha-bank-nine-month-profit-jumps","markdown_url":"https://newsforagent.com/news/2026-10-22/lesha-bank-nine-month-profit-jumps.md","title":"Lesha Bank Nine-Month Profit Rises 50.2% to QR210.4mn","headline":"Lesha Bank Posts QR210.4mn Nine-Month Profit as Assets Under Management Double","description":"Lesha Bank's nine-month net profit rose 50.2% to QR210.4mn, with assets under management up 101% to QR23.6bn and total income up 57.7% to QR399.5mn.","section":"Earnings & Results","published_at":"2026-10-22T18:26:13+00:00","modified_at":"2026-10-22T18:26:13+00:00","author":"News Desk","key_takeaways":["Lesha Bank reported a nine-month net profit of QR210.4mn, a 50.2% increase year on year.","Assets under management grew 101% to QR23.6bn, and total income rose 57.7% to QR399.5mn.","Return on average equity was 18.3% and book value per share reached QR1.38."],"companies":[{"name":"Lesha Bank","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0006r1c/lesha-bank","website":"https://www.leshabank.com"}],"source":{"publisher":"Gulf Times","title":"Lesha Bank nine-month profit jumps 50.2% to QR210.4mn","url":"https://www.gulf-times.com/article/736417/business/lesha-bank-nine-month-profits-jumps-502-to-qr2104mn"},"other_sources":[],"tags":["Earnings & Results","Lesha Bank"],"body_markdown":"[Lesha Bank](https://akta.pro/company-profiles/0006r1c/lesha-bank) reported a net profit of QR210.4mn attributable to equity holders for the nine months ending September 30, a 50.2% increase from the same period last year, [Gulf Times](https://www.gulf-times.com/article/736417/business/lesha-bank-nine-month-profits-jumps-502-to-qr2104mn) reported. The Doha-based private investment bank operates in Islamic banking, Sharia-compliant investments and aviation leasing, and serves retail and corporate clients in Kazakhstan through Bereke Bank.\n\n## Lesha Bank's Nine-Month Earnings Detail\n\nAssets under management grew 101% year on year to QR23.6bn, which the bank attributed to sustained client inflows and capital deployment. Total assets rose 29.7% to QR10.3bn and total investments increased 6.7% to QR4.6bn. Total income climbed 57.7% to QR399.5mn, while total equity rose 4.8% to QR1.5bn.\n\nReturn on average equity stood at 18.3% and return on average assets at 3.1%. Book value per share reached QR1.38, and annualised earnings per share improved to QR0.251.\n\nSheikh Faisal bin Thani al-Thani, Lesha Bank Chairman, said: \"These results demonstrate the success of our strategic direction in building a balanced, asset-backed platform capable of generating resilient returns across market cycles.\" Mohammed Ismail al-Emadi, Lesha Bank GCEO, said: \"Our nine-month performance reflects strong execution across all business verticals.\"\n\n## Lesha Bank's Aviation and Fund Records\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Lesha Bank agreed in March 2026 to acquire Guernsey-based aircraft lessor Amedeo Air Four Plus in a $1 billion all-cash deal at a 33% premium, adding 12 wide-body Airbus and Boeing jets leased to Emirates and Thai Airways to Lesha Aviation Capital. The same records show an operative buildout of Lesha Aviation Capital as a dedicated aircraft leasing platform, integrating the Amedeo fleet with existing LAC 10 LLC and AA4P Epsilon Limited holdings. In November 2025, the bank made an indirect Islamic investment of QAR 364 million into an investment fund, expanding its Sharia-compliant asset management book.\n\n## Lesha Bank's Deal Run Before the Results\n\nIn September 2026, Lesha Bank and GIP signed an MoU to strengthen their strategic partnership, with the bank aiming to invest over $1 billion alongside GIP, Gulf Times reported. That month the bank also completed the acquisition of equity interests in a diversified aviation portfolio of 18 aircraft leased to 9 airlines across 8 countries, according to Gulf Times. In August 2026, the Qatar Investment Authority announced an investment in the Lesha Qatar Opportunities Fund as part of its Active Asset Management Initiative launched in 2024, Gulf Times reported.\n\n## Lesha Bank's Final-Quarter Plans\n\nAl-Emadi said the bank is well placed to capture opportunities in the final quarter and beyond, with an aim to originate quality deals and a strong capital position. The bank reported its results for the period ending September 30.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}