Emirates NBD reported a net profit of AED 6.41 billion for the first quarter of 2026, representing a 3.1% increase compared to AED 6.22 billion in Q1 2025.
Total operating income rose 21% year-on-year to AED 14.35 billion, driven by a 12% growth in net interest income and net income from Islamic products which reached AED 9.49 billion.
Total assets reached AED 1.22 trillion as of March 31, 2026, supported by a 5.6% increase in customer deposits to AED 830.0 billion and a 7.1% rise in net loans and receivables to AED 677.8 billion from the 2025 year-end.
The bank expects to complete its acquisition of a 60% controlling stake in India’s RBL Bank for approximately AED 11.2 billion by Q2 2026, subject to regulatory approvals.