Abu Dhabi, UAE – First Abu Dhabi Bank’s net profit increased by 1% during the first half of this year compared to the same period last year. To reach 10.73 billion dirhams, while the return on tangible property rights remained higher than the group’s medium-term indicative targets, recording 18.5%.
The group recorded a growth in operating revenues of 7% compared to the same period last year, reaching 19.50 billion dirhams. Pre-tax profits increased by 3% compared to the same period last year, reaching AED 13.20 billion during the first half of 2026.
Extensive performance
Revenue growth was supported by broad performance across the group’s various business sectors. Net interest income grew by 14% compared to the same period last year, reaching 11.48 billion dirhams. Driven by increased business volumes and improved margins, non-interest revenues maintained their strength at AED 8.02 billion. To contribute 41% of the group’s total operating revenues during the first half of 2026.
During the second quarter of the year, the bank recorded a 16% increase in pre-tax profits compared to the previous quarter. By 6% compared to the same period last year, reaching 7.08 billion dirhams.
Operating profits also increased by 11% during the second quarter of 2026 compared to the previous quarter, exceeding AED 8 billion. Reflecting the strength of the group’s diverse profit drivers.
Support balance sheet growth
Strong lending activity and continued deposit flows supported balance sheet growth during this period. Total assets increased by 2% from the beginning of the year to date, reaching 1.41 trillion dirhams by the end of June 2026.
Loans and advances also increased by 7% from the beginning of the year to date, reaching 661 billion dirhams, supported by broad-based growth in various sectors. While customer deposits increased by 1% from the beginning of the year to date, reaching 853 billion dirhams.
During the period, First Abu Dhabi Bank strengthened the strength of its financial position. Moody’s, Fitch, and Standard & Poor’s have reaffirmed the group’s credit ratings at “AA-” or equivalent. With a stable outlook.
supporting sustainable growth
In the field of artificial intelligence, the group continues to integrate it on a large scale to support sustainable and scalable growth. Enhancing productivity and efficiency, and improving customer experience.
The group achieves tangible and broadly measurable business value by increasing productivity by more than 20%. Reduce manual effort by between 70% and 80% across key business sectors. Supported by the rapid expansion of the system of artificial intelligence agents and its various applications.
Regarding sustainable financing, the bank announced that it has so far facilitated sustainable and transitional financing worth AED 395 billion. This achieves 79% of its goal of 500 billion dirhams by 2030. In line with the Bank’s commitment to achieving tangible and meaningful impact across the financing system.
