Dubai - Mubasher: Emirates NBD achieved net profits after tax amounting to AED 6.41 billion in the first quarter (Q1) of 2026, an annual rise of 3% from AED 6.21 billion.
The earnings per share (EPS) went up to AED 0.99 at the end of March 2026 from AED 0.96 a year earlier, according to the unaudited financial results.
Total operating income hit AED 14.35 billion in the first three months (3M) of 2026, up 21% year-on-year (YoY) from AED 11.87 billion.
Assets increased by 18% YoY in Q1-26 to AED 1.21 trillion from AED 1.03 trillion, while the deposits jumped by 19% YoY to AED 830 billion from AED 698 billion.
Group CFO Patrick Sullivan highlighted: “Emirates NBD entered this period of heightened geopolitical uncertainty from a position of strength, with rock-solid capital, robust liquidity and a well-diversified business model that continues to drive growth and strong financial performance.”
Emirates NBD completed $2.25 billion in long-term financing, one of the largest syndicated borrowings in the GCC region.
The DFM-listed lender structured and closed a green facility for Arabian Gulf Steel Industries, fostering expansion of low‑carbon steel production in the UAE.
It also completed a record dual blue–green bond issuance, the largest by a financial institution globally, of a $300 million blue bond and a $700 million green bond.
As of 2 March, Emirates NBD disbursed AED 6.30 billion in cash dividends for 2025, during which it achieved net profits before tax valued at AED 29.80 billion.
