Abu Dhabi Islamic Bank (ADIB) maintained its strong momentum in the first quarter of 2026, delivering solid financial results across the group.
The bank reported an 8% year-on-year increase in net profit before tax, reaching AED 2.1 billion in Q1 2026, while also recording a 2.3% rise compared to the previous quarter.
This growth was driven by a steady expansion of the balance sheet and continued success in attracting customers, with 66,000 new clients added during the period.
Net profit after tax reached AED 1.8 billion, up 7% compared to the same period last year.
Total revenue for the quarter stood at AED 3.2 billion, compared to AED 2.9 billion in Q1 2025, marking a 12% year-on-year increase. This performance was supported by growth across key business segments, higher business volumes, and continued expansion in funded income.
Total assets rose 18% year-on-year to AED 287 billion, driven by growth in both retail and corporate financing, as well as an expanded investment portfolio.
Customer financing increased by 28% year-on-year, representing a rise of AED 44 billion compared to Q1 2025 and AED 12 billion since the start of the year. This reflects strong origination activity, market share gains, and the successful execution of major wholesale banking deals.
Customer deposits grew by 20% year-on-year to AED 239 billion, up from AED 200 billion as of 31 March 2025, with an increase of AED 10 billion year-to-date. The bank maintained a healthy funding mix, with current and savings accounts (CASA) rising 11% year-on-year and accounting for 67% of total deposits, highlighting strong customer confidence.
Liquidity remained robust and within regulatory thresholds, with the advances-to-stable funding ratio at 87.6% and the eligible liquid asset ratio at 13.6%.
Total equity increased 12% year-on-year to AED 30 billion, supported by higher earnings, while return on equity stood at 27.1% for the quarter.
Jawaan Awaidah Al Khaili, Chairman, stated that the UAE’s resilience and stability continued to support economic and financial activity, providing a confident operating environment. He noted that ADIB’s strong first-quarter performance reflects its solid balance sheet, disciplined risk management, and consistent profitability.
Mohamed Abdelbary, Group Chief Executive Officer, said the bank’s performance underscores the strength of its franchise and balance sheet. He added that the UAE’s well-regulated financial system, along with the proactive role of the Central Bank, helped sustain stability and enabled banks to continue supporting customers and the broader economy.
