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2026-10-23T04:46:29.000Z

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Abu Dhabi Commercial Bank profits hit 10.3B dirhams in nine months

Abu Dhabi Commercial Bank profits hit 10.3B dirhams in nine months

During the first nine months of 2026, Abu Dhabi Commercial Bank achieved a net profit after tax of 10.3 billion dirhams, representing a 27% increase compared to the same period last year. The bank also recorded a 28% rise in pre-tax profits, reaching 11.67 billion dirhams, and continued to realize steady growth in quarterly profits, with third-quarter earnings amounting to 4.06 billion dirhams, a 15% increase in after-tax profits. Total assets grew to 890 billion dirhams (+20%), customer deposits increased to 558 billion dirhams (+16%), and loans rose to 469 billion dirhams (+18%). Operating income stood at 18.3 billion dirhams, with return on equity increasing to 16.2%. This strong growth underscores market confidence in the bank's operational efficiency and its ongoing expansion of financial activities.

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