First Abu Dhabi Bank (FAB), the UAE’s largest bank by assets, reported a Q2 2025 net profit of AED 5.5 billion (USD 1.5 billion), reflecting a 29% year-on-year increase, supported by strong non-interest income growth and reduced impairment provisions.
The result exceeded the average analyst forecast of AED 4.35 billion, as per data from LSEG. Earnings per share rose by 29% year-on-year to AED 0.49.
Operating income reached AED 9.49 billion for the quarter, marking a 22% year-on-year increase, underpinned by a 61% surge in non-interest income to AED 4.54 billion.
Net interest income showed marginal annual growth, reaching AED 4.95 billion. Impairment charges fell by 16% year-on-year to AED 752 million. FAB’s net profit for the first half of 2025 rose 26% year-on-year, totalling AED 10.63 billion.
