Bank of Sharjah Financial Results for the Period Ended March 31,2026 | premargin
Bank of Sharjah Financial Results for the Period Ended March 31,2026
·ADX·Financial Reports | Financial Report·May 6, 2026·View on exchange
AI Summary
Bank of Sharjah reported a net profit of AED 151.1 million for the first quarter of 2026, representing a 30% increase compared to AED 116.2 million in the same period of 2025.
Net interest income grew 49% year-over-year to AED 214.7 million, driving total operating income to AED 244.4 million for the quarter.
Total assets increased to AED 54.7 billion as of March 31, 2026, supported by a 14% rise in net loans and advances to AED 34.7 billion and a 16% growth in customer deposits to AED 36.5 billion since December 2025.
The bank maintained a total capital adequacy ratio of 17.93% and approved