Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	4.72B	3.94B	3.40B	2.60B	2.15B
Interest Income	5.53B	5.23B	4.57B	2.99B	2.43B
Interest Expense	1.84B	1.67B	1.23B	0.50B	0.26B
Pretax Income	2.87B	2.28B	1.80B	1.16B	0.76B
Income Tax	255.81M	202.45M	13.73M	—	—
Net Income	2.60B	2.07B	1.78B	1.17B	0.76B
Net Interest Income	3.69B	3.56B	3.34B	2.49B	2.17B
Non-Interest Income	1.48B	1.15B	1.07B	0.91B	1.06B
Non-Interest Expense	1.85B	1.66B	1.60B	1.44B	1.40B
Loan Loss Provisions	0.45B	0.78B	1.01B	0.80B	1.08B
EPS (Basic)	1.29	1.03	0.89	0.58	0.38
EPS (Diluted)	1.29	1.03	0.89	0.58	0.38
DPS	0.63	0.50	0.31	0.28	0.19
Margins & Efficiency
Net Margin %	+55.1%	+52.6%	+52.5%	+45.0%	+35.1%
Revenue & Income
Revenue	4.72B	3.94B	3.40B	2.60B	2.15B
Revenue	4.72B	3.94B	3.40B	2.60B	2.15B
Revenue Growth (YoY)	+19.8%	+15.8%	+30.8%	+20.6%	+13.3%
Revenues Before Loan Losses	5.17B	4.71B	4.40B	3.40B	3.23B
Interest Income on Loans	5.53B	5.23B	4.57B	2.99B	2.43B
Net Interest Income	3.69B	3.56B	3.34B	2.49B	2.17B
Net Interest Income Growth (YoY)	+3.5%	+6.8%	+34.0%	+14.8%	-14.1%
Non-Interest Income Growth (YoY)	+28.9%	+7.7%	+17.8%	-14.7%	+2.3%
Total Non-Interest Income	1.48B	1.15B	1.07B	0.91B	1.06B
Other Non-Interest Income	1.28B	1.09B	1.02B	0.92B	1.00B
Gain (Loss) on Sale of Investments	200.39M	59.42M	48.67M	-10.94M	63.81M
Expenses & Provisions
Selling, General & Administrative	587.91M	420.10M	366.00M	321.20M	330.05M
Interest Paid on Deposits	1.84B	1.67B	1.23B	0.50B	0.26B
Total Non-Interest Expense	1.85B	1.66B	1.60B	1.44B	1.40B
Other Non-Interest Expense	53.61M	67.91M	148.87M	116.62M	86.98M
Provision for Loan Losses	0.45B	0.78B	1.01B	0.80B	1.08B
Salaries and Employee Benefits	1.00B	0.98B	0.89B	0.82B	0.78B
Occupancy Expenses	209.17M	192.84M	194.49M	180.64M	203.22M
Profitability & Returns
EBT Excluding Unusual Items	2.87B	2.28B	1.80B	1.16B	0.76B
Pretax Income	2.87B	2.28B	1.80B	1.16B	0.76B
Profit Margin	+55.1%	+52.6%	+52.5%	+45.0%	+35.1%
Net Income	2.60B	2.07B	1.78B	1.17B	0.76B
Net Income to Common	2.60B	2.07B	1.78B	1.17B	0.76B
Net Income Growth	+25.5%	+16.2%	+52.4%	+54.8%	+50.1%
Earnings From Continuing Ops.	2.61B	2.08B	1.78B	1.16B	0.76B
Minority Interest in Earnings	-8.97M	-3.21M	-0.17M	7.37M	-2.18M
Income Tax Expense	255.81M	202.45M	13.73M	—	—
Effective Tax Rate	+8.9%	+8.9%	+0.8%	—	—
Per Share & Capital
EPS (Basic)	1.29	1.03	0.89	0.58	0.38
EPS (Diluted)	1.29	1.03	0.89	0.58	0.38
EPS Growth	+25.5%	+16.2%	+52.4%	+54.8%	+50.1%
Dividend Per Share	0.63	0.50	0.31	0.28	0.19
Shares Change (YoY)	—	—	—	0	—
Shares Outstanding (Basic)	2.01B	2.01B	2.01B	2.01B	2.01B
Shares Outstanding (Diluted)	2.01B	2.01B	2.01B	2.01B	2.01B
Dividend Growth	+26.0%	+61.3%	+9.4%	+51.1%	+50.0%
Free Cash Flow	-5.19B	-5.88B	-1.56B	-0.43B	-2.27B
Free Cash Flow Margin	-110.1%	-149.3%	-45.8%	-16.7%	-105.4%
Free Cash Flow Per Share	-2.58	-2.92	-0.77	-0.22	-1.13
Payout Ratio	+38.7%	+30.1%	+32.0%	+32.2%	+33.3%

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	4.72B	3.94B	3.40B	2.60B	2.15B
Interest Income	5.53B	5.23B	4.57B	2.99B	2.43B
Interest Expense	1.84B	1.67B	1.23B	0.50B	0.26B
Pretax Income	2.87B	2.28B	1.80B	1.16B	0.76B
Income Tax	255.81M	202.45M	13.73M	—	—
Net Income	2.60B	2.07B	1.78B	1.17B	0.76B
Net Interest Income	3.69B	3.56B	3.34B	2.49B	2.17B
Non-Interest Income	1.48B	1.15B	1.07B	0.91B	1.06B
Non-Interest Expense	1.85B	1.66B	1.60B	1.44B	1.40B
Loan Loss Provisions	0.45B	0.78B	1.01B	0.80B	1.08B
EPS (Basic)	1.29	1.03	0.89	0.58	0.38
EPS (Diluted)	1.29	1.03	0.89	0.58	0.38
DPS	0.63	0.50	0.31	0.28	0.19
Margins & Efficiency
Net Margin %	+55.1%	+52.6%	+52.5%	+45.0%	+35.1%
Revenue & Income
Revenue	4.72B	3.94B	3.40B	2.60B	2.15B
Revenue	4.72B	3.94B	3.40B	2.60B	2.15B
Revenue Growth (YoY)	+19.8%	+15.8%	+30.8%	+20.6%	+13.3%
Revenues Before Loan Losses	5.17B	4.71B	4.40B	3.40B	3.23B
Interest Income on Loans	5.53B	5.23B	4.57B	2.99B	2.43B
Net Interest Income	3.69B	3.56B	3.34B	2.49B	2.17B
Net Interest Income Growth (YoY)	+3.5%	+6.8%	+34.0%	+14.8%	-14.1%
Non-Interest Income Growth (YoY)	+28.9%	+7.7%	+17.8%	-14.7%	+2.3%
Total Non-Interest Income	1.48B	1.15B	1.07B	0.91B	1.06B
Other Non-Interest Income	1.28B	1.09B	1.02B	0.92B	1.00B
Gain (Loss) on Sale of Investments	200.39M	59.42M	48.67M	-10.94M	63.81M
Expenses & Provisions
Selling, General & Administrative	587.91M	420.10M	366.00M	321.20M	330.05M
Interest Paid on Deposits	1.84B	1.67B	1.23B	0.50B	0.26B
Total Non-Interest Expense	1.85B	1.66B	1.60B	1.44B	1.40B
Other Non-Interest Expense	53.61M	67.91M	148.87M	116.62M	86.98M
Provision for Loan Losses	0.45B	0.78B	1.01B	0.80B	1.08B
Salaries and Employee Benefits	1.00B	0.98B	0.89B	0.82B	0.78B
Occupancy Expenses	209.17M	192.84M	194.49M	180.64M	203.22M
Profitability & Returns
EBT Excluding Unusual Items	2.87B	2.28B	1.80B	1.16B	0.76B
Pretax Income	2.87B	2.28B	1.80B	1.16B	0.76B
Profit Margin	+55.1%	+52.6%	+52.5%	+45.0%	+35.1%
Net Income	2.60B	2.07B	1.78B	1.17B	0.76B
Net Income to Common	2.60B	2.07B	1.78B	1.17B	0.76B
Net Income Growth	+25.5%	+16.2%	+52.4%	+54.8%	+50.1%
Earnings From Continuing Ops.	2.61B	2.08B	1.78B	1.16B	0.76B
Minority Interest in Earnings	-8.97M	-3.21M	-0.17M	7.37M	-2.18M
Income Tax Expense	255.81M	202.45M	13.73M	—	—
Effective Tax Rate	+8.9%	+8.9%	+0.8%	—	—
Per Share & Capital
EPS (Basic)	1.29	1.03	0.89	0.58	0.38
EPS (Diluted)	1.29	1.03	0.89	0.58	0.38
EPS Growth	+25.5%	+16.2%	+52.4%	+54.8%	+50.1%
Dividend Per Share	0.63	0.50	0.31	0.28	0.19
Shares Change (YoY)	—	—	—	0	—
Shares Outstanding (Basic)	2.01B	2.01B	2.01B	2.01B	2.01B
Shares Outstanding (Diluted)	2.01B	2.01B	2.01B	2.01B	2.01B
Dividend Growth	+26.0%	+61.3%	+9.4%	+51.1%	+50.0%
Free Cash Flow	-5.19B	-5.88B	-1.56B	-0.43B	-2.27B
Free Cash Flow Margin	-110.1%	-149.3%	-45.8%	-16.7%	-105.4%
Free Cash Flow Per Share	-2.58	-2.92	-0.77	-0.22	-1.13
Payout Ratio	+38.7%	+30.1%	+32.0%	+32.2%	+33.3%

Financials

Annual (AED)

National Bank of Ras Al Khaimah

Annual (AED)