Bank Audi published its unaudited consolidated financial statements for the first nine months of 2025 reporting a net profit of LBP 8,510.53 billion (around $95.09 million) compared to LBP 2.53 billion ($28.29 thousand) in the same period last year noting that the bank commented in its consolidated financial highlights that it continues to “allocate part of consolidated operating surpluses to provisions for risk and charges”. In details, net interest income contracted by 5.20% y-o-y to reach LBP 13,958.60 billion while net commission & fee income rose by 2.59% to LBP 7,745.13 billion. The bank’s net gains on financial instruments & other operating income stood at LBP 9,864.41 billion (of which net gains on financial investments totaling LBP 17,180.24 billion ($191.96 million) and net trading losses of LBP 7,436.92 billion ($83.09 million)), up by 11.52% y-o-y when compared to the LBP 8,845.54 billion figure reported a year earlier. In addition, the bank booked some LBP 299.38 billion in impairments on financial assets compared to a much larger figure of LBP 2,055.45 billion a year earlier. Consequently, Bank Audi’s net operating income improved by 7.58% year-on-year to reach LBP 31,268.77 billion during the first nine months of 2025. Concurrently, operating expenses dropped by 24.21% year-on-year to read LBP 21,810.23 billion ($243.69 million) YTD September 2025, with personnel expenses increasing by 9.93% to LBP 7,396.01 billion ($82.64 million) and other operating expenses dropping by 36.12% to LBP 13,699.54 billion ($191.96 million). The bank highlighted that it continues to redefine its business model in Lebanon by shifting towards a cost effective digital platform mainly for individual customers while “reshaping” the branch network to service high-net-worth and corporate clients. On the balance sheet front, the bank’s consolidated assets contracted by 11.64% in the first nine months of 2025 to LBP 1,317.92 trillion ($14.73 billion) which may be attributed to the sale of its Turkish subsidiary “Odeabank”. Net loans & advances rose by 4.21% YTD September to LBP 89.79 trillion ($1.00 billion) with cash & balances with Central Banks remaining almost flat at LBP 864.00 trillion ($9.65 billion). Customer deposits at Bank Audi rose by 2.16% in the first nine months of 2025 to LBP 1,135.28 trillion ($12.68 billion). Consequently, the bank’s ratio of net loans to customer deposits ended the first nine months of 2025 up at 7.91% from 7.75% at end of 2024. Bank Audi’s shareholders’ equity ended the month of September 2025 up by 12.48% at LBP 96.12 trillion ($1.07 billion) of which foreign currency translation reserves of LBP 52.05 trillion ($581.55 million), accumulated profit of LBP 12.98 trillion ($145.05 million; including interim profit) and real estate revaluation gains of LBP 19.11 trillion ($213.53 million).