Bank of Sharjah’s net profit rose 28.5% to AED558 million in the first nine months of 2026, up from AED435 million a year earlier, the Abu Dhabi-listed lender said on Thursday.
Net interest income grew 39.5% to AED717 million, and net operating income increased 22.7% to AED851 million.
Third-quarter net income was AED196.5 million, compared with AED166.5 million in the same quarter of 2025, according to figures compiled by S&P Capital IQ. Basic earnings per share for the nine months were AED0.186, up from AED0.145.
Total assets reached AED54.9 billion at the end of September, up 13.5% from December 2025. Net loans and advances rose 24% to AED37.7 billion, and customer deposits increased 7.8% to AED34 billion.
The bank’s total capital ratio rose 190 basis points to 18.9%. Its cost-to-income ratio stood at 28.8%.
“The first nine months of 2026 were characterised by a challenging global environment marked by geopolitical tensions, rising interest rate expectations, and persistent inflation,” said Sheikh Mohammed bin Saud Al Qasimi, chairman of Bank of Sharjah.
Mohamed Khadiri, the bank’s chief executive, said the results were supported by lending growth, balance sheet management and improved asset quality, and reflected “three years of consistent and rigorous execution of our transformation strategy.”
Khadiri said the bank enters the final quarter of 2026 with strong capital buffers and adequate liquidity.
