First Abu Dhabi Bank Management Discussion and Analysis Report for the Period Ended March 31,2026

First Abu Dhabi Bank (FAB) reported a Q1 2026 net profit of AED 5.01 billion, down 2% year-on-year due to a AED 300 million prudent management overlay; excluding this overlay, net profit grew 3% over the same period.
Operating income increased 6% year-on-year to AED 9.34 billion, supported by a 12% rise in net interest income to AED 5.61 billion and a 21% growth in fees and commissions.
Total assets exceeded USD 400 billion for the first time, reaching AED 1.49 trillion (+6% year-to-date), while net loans and advances grew 8% year-to-date to AED 668 billion