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HomeFinancialADCB Nine-Month Net Profit Rises 27% to AED10.3 Billion as Loans Grow...

ADCB Nine-Month Net Profit Rises 27% to AED10.3 Billion as Loans Grow 18%

Abu Dhabi Commercial Bank (ADCB) reported net profit after tax of AED10.296 billion for the first nine months of 2026, up 27% from the same period last year.

Profit before tax rose 28% to AED11.670 billion, the bank said in its results statement on Thursday.

Aerial view of the ADCB headquarters tower among high-rise buildings and roads in Abu Dhabi
Abu Dhabi Commercial Bank’s headquarters tower in Abu Dhabi, in an undated file image published by Aletihad on October 22, 2026. Photo: Aletihad

Third-quarter net profit after tax rose 15% to AED3.559 billion. Profit before tax for the quarter was AED4.063 billion, up 28%, marking the bank’s 21st consecutive quarter of profit growth.

Operating income for the nine months rose 10% to AED18.306 billion. Non-interest income grew 21% to AED6.964 billion and accounted for 38% of operating income.

Net loans to customers reached AED469 billion, up 18% from a year earlier and 16% since the start of the year. The bank added AED66 billion in net loans over the nine months.

Customer deposits rose 16% year on year to AED558 billion, an increase of AED58 billion since the start of 2026. Total assets grew 20% to AED890 billion.

Return on average equity after tax rose 144 basis points to 16.2%. The cost-to-income ratio improved by 40 basis points to 27.3%.

Ala’a Eraiqat, group chief executive officer of ADCB, said the bank had maintained its accelerated growth trajectory in the third quarter, according to the Emirates News Agency (WAM).