Overview
- The bank reported a nine‑month profit before tax of AED 11.67 billion and net profit after tax of AED 10.296 billion, up 27% year‑on‑year.
- Q3 net profit was AED 3.559 billion, a 15% increase from the same quarter last year and part of continued quarterly earnings momentum.
- Net customer loans rose by AED 66 billion year‑to‑date with a AED 24 billion increase in Q3, while customer deposits grew by AED 58 billion YTD including AED 32 billion in Q3.
- Total assets expanded to AED 890 billion, a 20% year‑on‑year rise, and non‑interest income climbed 21% to represent 38% of operating income.
- Management said the mix shift toward fee and trading revenue should improve earnings quality and funding stability, which could support higher returns to shareholders and more lending over time.