Financial statements for the 1st QTR of 2026

Emirates Investment Bank reported a net profit of AED 5.35 million for the three-month period ended March 31, 2026, representing a 78.9% decrease compared to the AED 25.41 million profit recorded in the first quarter of 2025.
The decline in profitability was primarily driven by a significant surge in general and administrative expenses, which rose to AED 43.40 million from AED 20.16 million year-over-year as the bank funds a multi-year strategic transformation programme focused on technology modernization and digital capabilities.
Total operating income remained stable at AED 51.74 million, as growth in fee, commission, and exchange gains offset a slight decrease in net interest and investment income, which fell to AED 37.45 million.
The bank recorded a total comprehensive loss of AED 18.57 million for the period, pressured by AED 27.24 million in unrealized fair value losses on debt instruments held at fair value through other comprehensive income.