ADCB reports Dhs10.3 billion net profit in first nine months of 2026

Abu Dhabi Commercial Bank (ADCB) reported a net profit after tax of Dhs10.296 billion for the first nine months of 2026, an increase of 27 per cent compared with the same period last year, while profit before tax rose 28 per cent to Dhs11.670 billion.

Profit before tax reached Dhs4.063 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 per cent to Dhs3.559 billion.

Operating income increased 10 per cent year-on-year to Dhs18.306 billion in the first nine months, while non-interest income rose 21 per cent to Dhs6.964 billion, accounting for 38 per cent of operating income.

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

Total assets reached Dhs890 billion, up 20 per cent year-on-year and 15 per cent since the beginning of the year, while net loans to customers increased to Dhs469 billion, representing growth of 18 percent year-on-year and 16 per cent year-to-date.

Net loans increased by Dhs66 billion during the first nine months of 2026.

Customer deposits rose to Dhs558 billion, up 16 percent year-on-year and 12 percent year-to-date, representing an increase of Dhs58 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.

WAM