Abu Dhabi Islamic Bank (ADIB)

ADIB maintains strong momentum in Q1-26; customer deposits cross AED 239bn

29 Apr 2026, 21:48

Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) generated 7% higher net profits after tax at AED 1.82 billion in the first quarter (Q1) of 2026, compared to AED 1.71 billio in Q1-25.

Meanwhile, the net profit before tax jumped 8% to AED 2.09 billion in Q1-26 from AED 1.93 billion in the same quarter a year earlier.

The basic and diluted earnings per share (EPS) rose by 6% to AED 0.44 in Q1-26 from AED 0.41 in Q1-25, according to the income statements.

Revenue for Q1-26 reached roughly AED 3.20 billion compared to approximately AED 2.90 billion in Q1-25, representing an annual growth of 12%.

Customer deposits surged to AED 239.33 billion as of 31 March 2026 from AED 229.09 billion at the end of 2025, reflecting a year-to-date (YTD) increase of 20%.

ADIB registered a total of 66,000 new customers during the January-March 2026 period.

The total assets further grew by 18% to AED 287.06 billion at the end of March 2026 when compared to AED 280.75 billion as of 31 December 2025.

Chairman of ADIB, Jawaan Awaidah Al Khaili, said: “ADIB delivered a resilient set of Q1 results, underpinned by the strength of our operating model and balance sheet. Sustained profitability, strong balance‑sheet growth, and industry‑leading returns of 27% reflect the resilience of our franchise and our ability to consistently deliver high returns across all cycle.”

Al Khaili noted: “The group’s balance sheet reached a new milestone, reflecting sustained growth across our core businesses. Customer financing continued to expand strongly, supported by disciplined underwriting and market‑share gains across key segments, while deposit growth reinforced a resilient and well‑balanced funding profile. This balance‑sheet strength positions the group to continue supporting customers and the wider economy.”

“ADIB continued to play its role as a responsible national institution while maintaining uninterrupted service to customers across all channels. Through initiatives such as Sanadna, and in close alignment with the Central Bank of the UAE’s relief and support programs, the group remained focused on supporting customers, businesses, and the wider community,” the official added.

Al Khaili concluded: “As we look ahead, this disciplined approach of balancing strong commercial performance with our responsibility to the broader economy, remains central to the group’s strategy. We remain confident in the UAE’s leadership, the underlying strength of the local economy, and ADIB’s ability to continue delivering sustainable value for our customers, shareholders, and wider stakeholders."

Meanwhile, ADIB’s Group CEO, Mohamed Abdelbary, said: “We will continue to focus on strategic priorities as part of Vision 2035. Our strong balance sheet, diversified operating model, and healthy pipeline enable us to continue supporting our customers and the wider economy while focusing on sustainable and long term value creation."

In 2025, the UAE listed lender ADIB generated net profits worth AED 7.07 billion and the revenue totaled AED 12.30 billion.

Source: Mubasher Source: {{details.article.source}}