Abu Dhabi – Mubasher: Abu Dhabi Commercial Bank (ADCB) logged 37% year-on-year (YoY) higher net profits at AED 3.36 billion in the first quarter (Q1) of 2026, compared to AED 2.44 billion.
The operating income reached AED 5.93 billion as of 31 March 2026, an annual rise of 18% from AED 5.01 billion, according to the financial results.
Basic and diluted earnings per share (EPS) jumped to AED 0.40 in Q1-26 from AED 0.38 January-March 2025.
The ADX-listed lender registered total assets amounting to AED 808.85 billion at end-March 2026, marking a 19% YoY leap. Meanwhile, the deposits from customers stood at AED 523.09 billion.
Quarterly, the Q1-26 profits increased by 1% from AED 3.34 billion in Q4-25, while the operating income soared by 7% from AED 5.56 billion.
Group CEO of ADCB, Deepak Khullar, said: “ADCB’s strong performance in the first quarter of 2026 was driven by growth across all core business segments. A combination of a diversified revenue mix and enhanced efficiency continues to support a high-quality and resilient earnings base.”
He indicated: “Non-interest income increased significantly to account for 37% of total operating income, up from 32% a year earlier, while the cost-to-income ratio improved to a record low of 25.60%, driven by strong top-line growth, productivity gains and disciplined cost management.
Operations in Egypt
ADCB Egypt reported a net profit of EGP 1.10 billion in Q1-26 based on IFRS, with a return on equity of 24%.
Loans and customer deposits increased by 28% YoY to EGP 77.60 billion and 27% to EGP 158 billion, respectively, reflecting continued expansion across its core businesses.
The lender continued to strengthen its digital offering, introducing Apple Pay and positioning itself among the first banks in the Egyptian market to offer this service.
Digital performance remained strong, with the number of digital subscribers and active users increasing by 31% YoY, while digital transactions exceeded 500,000 in Q1.
In the 12-month period that ended on 31 December 2025, the bank’s net profits widened by 22% to AED 11.44 billion from AED 9.41 billion in 2024.
