Abu Dhabi Islamic Bank Management Discussion and Analysis Report for the Period Ended March 31,2026 | premargin
Abu Dhabi Islamic Bank Management Discussion and Analysis Report for the Period Ended March 31,2026
·ADX·Financial Reports | Management Discussion and Analysis Report·April 29, 2026·View on exchange
AI Summary
Abu Dhabi Islamic Bank (ADIB) reported an 8% year-on-year increase in net profit before tax to AED 2.1 billion for Q1 2026, with net profit after tax rising 7% to AED 1.8 billion.
Total operating income grew 12% to AED 3.2 billion, supported by the acquisition of 66,000 new customers and a 17% increase in funded income.
Total assets reached AED 287 billion, up 18% year-on-year, driven by a 28% growth in gross customer financing to AED 198 billion and a 20% increase in deposits.
Key performance metrics included a return on equity (ROE) of 27.1% and a record-low non-performing asset