Ajman Bank’s net profit fell 14.2% to AED326.06 million in the first nine months of 2026, from AED379.97 million in the same period of 2025, according to results the Dubai-listed lender disclosed on Tuesday after a board meeting.
Earnings per share fell to AED0.12 from AED0.14, Argaam reported, citing the bank’s financial statements.
The decline reflected a charge of AED23.7 million for expected credit losses on financial assets, compared with a reversal of provisions of AED49.5 million a year earlier. General and administrative expenses rose 41% to AED106.6 million, from AED75.8 million.
Net income from investments and financing rose 10.3% to AED501.89 million, and operating income increased 1.8% to AED671.26 million.
Third-quarter net profit fell 40.9% to AED79.65 million, from AED134.88 million in the third quarter of 2025.
Trading in Ajman Bank shares on the Dubai Financial Market was suspended from 9:30 a.m. on Tuesday to coincide with the board meeting, pending disclosure of the results.
