Abu Dhabi Commercial Bank reported a net profit of AED3.36 billion ($910 million) in the first quarter of 2026, while maintaining its full-year guidance of 20% annual growth.
Moreover, the result came well above analysts’ mean estimate of AED2.42 billion, according to LSEG data.
Loan and deposit growth remained strong
Net loans to customers rose 18% year-on-year to AED426 billion as of end-March. Additionally, customer deposits increased 18% to AED523 billion, reflecting continued balance sheet expansion.
Income rose as impairments increased
Total net interest and Islamic financing income grew 10% year-on-year to AED3.74 billion. Meanwhile, non-interest income surged 36% to AED2.2 billion, supporting overall earnings momentum.
However, impairment charges edged up to AED638 million during the quarter.
