Close Menu
Business News MEA
    Facebook X (Twitter) Instagram
    Thursday, October 22
    Facebook X (Twitter) Instagram LinkedIn VKontakte
    Business News MEABusiness News MEA
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    Business News MEA
    You are at:Home»Business»ADCB reports AED10.3 billion net profit in first nine months of 2026
    Business

    ADCB reports AED10.3 billion net profit in first nine months of 2026

    Editorial TeamBy Editorial TeamOctober 22, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    ABU DHABI, 22nd October, 2026 (WAM) — Abu Dhabi Commercial Bank (ADCB) reported a net profit after tax of AED10.296 billion for the first nine months of 2026, an increase of 27 percent compared with the same period last year, while profit before tax rose 28 percent to AED11.670 billion.

    Profit before tax reached AED4.063 billion in the third quarter of 2026, marking the bank’s 21st consecutive quarter of profit growth. Net profit after tax for the quarter rose 15 percent to AED3.559 billion.

    Operating income increased 10 percent year-on-year to AED18.306 billion in the first nine months, while non-interest income rose 21 percent to AED6.964 billion, accounting for 38 percent of operating income.

    Return on average equity after tax rose to 16.2 percent, an improvement of 144 basis points year-on-year, while the cost-to-income ratio improved by 40 basis points to 27.3 percent.

    Total assets reached AED890 billion, up 20 percent year-on-year and 15 percent since the beginning of the year, while net loans to customers increased to AED469 billion, representing growth of 18 percent year-on-year and 16 percent year-to-date.

    Net loans increased by AED66 billion during the first nine months of 2026.

    Customer deposits rose to AED558 billion, up 16 percent year-on-year and 12 percent year-to-date, representing an increase of AED58 billion during the first nine months.

    Ala’a Eraiqat, Group Chief Executive Officer of ADCB, said the bank delivered a strong performance in the third quarter, maintaining its accelerated growth trajectory.

    He noted that the bank’s sustained performance reflected its strong market position, effective business model and disciplined execution of its strategic priorities.

    Source: Emirates News Agency

    Previous Articlevivo V80 Redefines Smartphone Photography in the Middle East
    Next Article Yas SeaWorld Research & Rescue Centre welcomes over 650 participants to ‘One Ocean Run: Mission Dugong’

    Related Posts

    On sidelines of Crown Prince of Abu Dhabi’s visit, UAE announces intention to invest additional €15 billion in Greece to strengthen economic and strategic partnership

    October 22, 2026

    Dubai–Uzbekistan Business Seminar discusses strengthening trade, investment partnerships

    October 22, 2026

    OMODA X Makes Global Debut at International User Summit in China

    October 22, 2026
    Don't Miss

    On sidelines of Crown Prince of Abu Dhabi’s visit, UAE announces intention to invest additional €15 billion in Greece to strengthen economic and strategic partnership

    FTA holds second session at Al Barsha Majlis as part of Emirates Majalis initiative 'Closer to Each Other'

    Sheikh Mansour bin Zayed Agricultural Excellence Award participates in Sheikh Zayed Festival

    Yas SeaWorld Research & Rescue Centre welcomes over 650 participants to ‘One Ocean Run: Mission Dugong’

    2026. All rights reserved.
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.