The National Bank of Ras Al Khaimah Financial Results for the Period Ended March 31,2026 | premargin
The National Bank of Ras Al Khaimah Financial Results for the Period Ended March 31,2026
·ADX·Financial Reports | Financial Report·April 20, 2026·View on exchange
AI Summary
National Bank of Ras Al-Khaimah reported a net profit of AED 1.01 billion for the first quarter ended March 31, 2026, an increase from AED 704.5 million in the same period of 2025.
Total operating income rose to AED 1.82 billion, significantly supported by a AED 473 million gain from the sale of the bank's merchant acquiring business to Network International LLC, completed on March 23, 2026.
Total assets reached AED 107.3 billion as of March 31, 2026, with customer deposits growing to AED 74.3 billion and net loans and advances totaling AED 55.4 billion.
Basic and diluted earnings per share increased to AED 0.50 from AED 0.35, while the bank paid AED 1.27 billion in cash dividends (63% of share capital) during the period.