February 17, 2026
JMMB Group Limited (JMMBGL)
Unaudited financials for the nine months ended December 31, 2025:
JMMB Group Limited (JMMBGL) for the nine months ended December 31, 2025, reported a 12% increase in Interest income totaling $33.63 billion compared to $29.99 billion in the corresponding period last year. Interest income for the third quarter had a 11% increase to close at $11.49 billion compared to $10.33 billion for the comparable quarter of 2024.
Interest expense amounted to $22.44 billion (2024: $21.86 billion), this represents a increase of 3% year over year. Consequently, net interest income increased by 38% to $11.19 billion compared to $8.13 billion for the nine months ended December 31, 2024. The company booked net interest income of $3.75 billion for the third quarter versus $2.82 billion reported for the similar quarter of 2024.
Fees and commission income increased by 8% to close at $4.21 billion (2024: $3.89 billion), while gains on securities trading, net increased by 41% from $3.58 billion in 2024 to $5.06 billion in the period under review. As a result, operating revenue net of interest expense for the nine months ended December 31, 2025, amounted to $22.39 billion, a 23% increase relative to $18.14 billion reported in 2024.
Total Operating Expenses for the nine months ended December 31, 2025, amounted to $18.89 billion, a 6% increase relative to $17.76 billion reported in 2024. Total Operating Expenses for the third quarter amounted to $6.06 billion (2024: $5.82 billion).
Consequently, Operating Profit totalled $3.50 billion a 822% increase from the corresponding period last year. (2024: $379.01 million).
Share of profits in associated company amounted to $3.48 billion, a 111% increase compared to $1.65 billion booked in 2024.
Profit before Taxation for the nine months ended December 31, 2025, amounted to $4.54 billion, a 377% increase relative to $951.37 million reported in 2024. Profit before Taxation for the third quarter amounted to $892.34 million (2024: $1.06 billion).
Tax charge for the nine months ended December 31, 2025, amounted to $177.32 million (2024: Tax credit of $882.78 million). As such, Net profit increased by 138% to $4.36 billion (2024: $1.83 billion).
Net profit attributable to shareholders for the nine months amounted to $4.11 billion, a 151% increase from the $1.64 billion reported in 2024. For the third quarter, Net profit attributable to shareholders was $899.29 million (2024: $1.06 billion).
Consequently, Earnings Per Share for the nine months amounted to $2.10 (2024: EPS: $0.84), while Earnings Per Share for the quarter totaled $0.46 (2024: EPS: $0.54). The twelve-month trailing EPS was $3.06, and the number of shares used in these calculations was 1,955,552,532.
Notably, JMMBGL’s stock price closed the trading period on February 16, 2026, at a price of $16.84 with a corresponding P/E ratio of 5.50x.
Balance Sheet Highlights
The company’s assets totalled $757.29 billion (2024: $704.75 billion). The growth in total assets was mainly due to a $23.32 billion increase in Loans and a $19.92 billion increase in Investment and resale agreements.
Shareholder’s equity was $62.54 billion (2024: $53.47 billion), representing a book value per share of $31.98 (2024: $27.34).
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