Abu Dhabi, UAE – First Abu Dhabi Bank recorded net profits of AED 5.01 billion during the first quarter of this year. While the return on tangible equity reached 17.8%, exceeding the group’s medium-term targets.
The group’s operating revenues increased by 6% compared to the same period last year to 9.34 billion dirhams. While operating profits increased by 5% to 7.22 billion dirhams.
Interest income grew by 12% to AED 5.61 billion. Non-interest revenues amounted to AED 3.72 billion, representing 40% of the group’s revenues in the first quarter of 2026.
2026.. Distinctive results
At the balance sheet level, total assets reached 1.49 trillion dirhams, an increase of 6% from the beginning of the year to date. Loans and advances also rose 8% to reach AED 668 billion, driven by strong momentum in granting credit across various sectors, departments and the World Bank network. While customer deposits increased by 4% from the beginning of the year to date, reaching 871 billion dirhams, supported by strong flows within the UAE.
Hanaa Al Rostamani, CEO of First Abu Dhabi Bank Group, said that the bank started 2026 with outstanding results. The group has recorded strong results, confirming its ability to achieve continuous, high-quality returns on a large scale and throughout the economic cycle. This performance reflects the strength of its diversified business model, disciplined risk management, and the robustness of its credit portfolio, despite the volatility the region experienced at the end of the quarter.
She added that the group continues to focus on its strategic priorities, while benefiting from its strong capital position, liquidity reserves, and diversified financing base. To enhance its ability to meet global challenges from a position of strength, while at the same time paying attention to continuous investment in technology and artificial intelligence techniques. To enhance risk management, support decision-making, and elevate its customer experience to the highest levels.
