First Abu Dhabi Bank’s net profit attributable to shareholders rose by 3.7% during the second quarter of 2026, recording AED 5.7 billion, supported by a 7% growth in revenues for the period to approximately AED 10.1 billion.
Net interest income rose by 15% year-on-year, while non-interest income fell by about 2%.
The bank recorded AED 950 million in the net impairment provision item, compared to AED 752 million in the corresponding period, representing an annual increase of approximately 26%.
Operating expenses also increased during the period by 5% to AED 2.1 billion.
During the first half of 2026, net profit attributable to shareholders of First Abu Dhabi Bank rose by approximately 0.8% year-on-year, recording AED 10.7 billion, supported by revenue growth of 6.5% to AED 19.5 billion, while operating expenses rose by approximately 6% to AED 4.2 billion.
The net interest margin also reached 1.97% during the first half, an increase of 7 basis points year-on-year.
This was partially offset by the precautionary administrative provisions of AED 650 million, set aside in response to evolving external conditions. Overall, the bank recorded net impairment provisions exceeding AED 2 billion, compared to AED 1.4 billion in the same period of 2025, representing an annual increase of nearly 39%.
Total assets amounted to AED 1.41 trillion, of which AED 972 billion were assets within the UAE, representing 69% of the total, in addition to AED 437 billion in international markets.
Finally, the non-performing loan ratio reached 2.2%, compared to 2.8% in June 2025, while the liquidity coverage ratio declined to 140%, compared to 152% a year earlier.
