Bank of Sharjah Management Discussion and Analysis Report for the Period Ended March 31,2026

Bank of Sharjah reported a record net profit of AED 151 million for the first quarter ended March 31, 2026, representing a 30.1% increase over the AED 116 million recorded in the same period of 2025.
Operating income rose 21.7% year-on-year to AED 244 million, driven by a 49.1% surge in net interest income to AED 215 million, which effectively mitigated a 47.7% decline in non-interest income caused by temporary market volatility.
Total assets reached AED 54.7 billion, up 13.1% from year-end 2025, supported by 14.1% growth in net loans and advances to AED 34.7 billion and a 15.8% increase in customer deposits to AED 36.5 billion.
The bank's capital and asset quality metrics improved, with the capital adequacy ratio strengthening to 17.9% (up from 16.9% at FY 2025) and the non-performing loan (NPL) ratio decreasing to 5.5% from 5.9%.