Press release regarding financial results for the 2QTR of 2026

Mashreq Bank reported a record net profit before tax of AED 4.8 billion for the first half of 2026, an 18% year-on-year increase, while net profit after tax rose 17% to AED 4.0 billion.
Total operating income reached AED 6.8 billion, up 10% year-on-year, driven by a 17% surge in non-interest income to AED 2.6 billion and a 7% rise in net interest income following significant growth in lending volumes.
The balance sheet expanded as customer deposits grew 28% year-on-year to AED 227.2 billion and customer loans increased 26% to AED 169.1 billion, resulting in a healthy Return on Equity (ROE) of 21%.
Profitability was supported by high asset quality, featuring a low non-performing loan (NPL) ratio of 0.9% and a net impairment writeback of AED 122 million, while the cost-to-income ratio was maintained at 31% despite increased investments in digital infrastructure and AI.