Dubai, UAE – Commercial Bank of Dubai announced its financial results for the first quarter of this year. Recording net profits, before taxes, amounting to 912 million dirhams. An increase of 0.3%, compared to the same period last year. While net profit after taxes rose to AED 830 million, a growth of 0.2% year-on-year.
The bank’s operating income increased by 6.2% compared to the first quarter of 2025. To reach 1.456 billion dirhams. This is due to a 2.4% increase in net interest income, driven by strong growth in loans, savings accounts and current accounts. Unfunded income grew by 16%.
Increase in loans and advances
The bank’s total assets amounted to AED 157.9 billion, as of March 31, 2026, an increase of 11.9% compared to AED 141.1 billion in the same period in 2025. Total loans and advances increased by 4.1% year-on-year to reach AED 106.4 billion. While net loans and advances increased by 5.3% to reach 102.1 billion dirhams.
Traders’ deposits grew by 10% year-on-year to reach AED 109.6 billion. With low-cost savings and current account balances accounting for 51% of total deposits. The ratio of loans to deposits reached 93.1%, while the ratio of advances to stable resources recorded 86.94%.
asset quality
The percentage of non-performing loans decreased to 3.55% from 4.29% at the end of the first quarter of 2025. Which confirms the excellent quality of assets.
Dubai Commercial Bank CEO Bernd van Linder said, “The bank’s performance was strong, supported by solid levels of financing, liquidity and capital ratios”.
He added: “Our results for the first quarter of 2026 reflect our strength and flexibility, as we continue to provide and achieve sustainable value for our shareholders, and we also focus on serving our customers and putting them at the heart of our business, driving digital transformation and empowering national competencies”.
