National Bank of Fujairah (NBF) said net profit after tax for the first nine months of 2026 rose 10.5% to AED1.04 billion from AED945.4 million a year earlier, its best result for the period.
Third-quarter net profit after tax rose 11.1% to AED355.5 million, the bank said in a statement on Wednesday.
Profit before tax for the nine months rose 10.5% to AED1.15 billion from AED1.04 billion. The bank booked a corporate tax charge of AED104 million.
Net impairment provisions fell 14.8% to AED352.5 million from AED413.6 million. NBF said the charge included management overlay provisions to cover the possible impact of regional geopolitical conditions on the credit cycle.
Operating income rose 2.7% to AED2.1 billion. Net interest income and income from Islamic financing grew 5.4% to AED1.5 billion, while operating profit rose 3.3% to AED1.5 billion.
The cost-to-income ratio improved to 27.7% from 28.1%.
The nonperforming loan ratio stood at 3.93% at the end of September, compared with 3.95% at the end of 2025. Provision coverage rose to 152.9% from 139%.
Total assets rose 2.5% from the end of 2025 to AED71.1 billion. Loans and Islamic financing receivables rose 1.5% to AED38 billion, and customer deposits rose 2.1% to AED52 billion.
The capital adequacy ratio rose to 17.5% from 16% at the end of 2025.
The Government of Fujairah owns 57.87% of the bank, according to Argaam.
