Emirates NBD

Emirates NBD Bank (P.J.S.C)

EMIRATESNBDStocksDubai Financial MarketBanks

Financials

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	47.91B	44.14B	39.68B	27.32B	17.92B
Interest Income	81.98B	78.13B	57.32B	34.84B	26.49B
Interest Expense	46.47B	45.74B	27.24B	11.62B	9.56B
Pretax Income	29.84B	27.14B	23.66B	14.97B	9.91B
Income Tax	5.83B	4.13B	2.13B	1.96B	0.60B
Net Income	23.44B	22.46B	20.97B	12.49B	8.71B
Net Interest Income	35.50B	32.40B	30.08B	23.22B	16.92B
Non-Interest Income	13.82B	11.74B	12.95B	9.29B	6.90B
Non-Interest Expense	15.04B	13.75B	11.70B	9.25B	8.01B
Loan Loss Provisions	1.41B	-0.01B	3.35B	5.18B	5.90B
EPS (Basic)	3.71	3.56	3.32	1.98	1.38
EPS (Diluted)	3.71	3.56	3.32	1.98	1.38
DPS	1.00	1.00	1.20	0.60	0.50
Margins & Efficiency
Net Margin %	+48.9%	+50.9%	+52.9%	+45.7%	+48.6%
Revenue & Income
Revenue	47.91B	44.14B	39.68B	27.32B	17.92B
Revenue	47.91B	44.14B	39.68B	27.32B	17.92B
Revenue Growth (YoY)	+8.5%	+11.3%	+45.2%	+52.4%	+17.3%
Revenues Before Loan Losses	49.32B	44.13B	43.03B	32.51B	23.82B
Interest Income on Loans	81.98B	78.13B	57.32B	34.84B	26.49B
Net Interest Income	35.50B	32.40B	30.08B	23.22B	16.92B
Net Interest Income Growth (YoY)	+9.6%	+7.7%	+29.5%	+37.2%	-3.2%
Non-Interest Income Growth (YoY)	+17.7%	-9.3%	+39.5%	+34.6%	+20.5%
Total Non-Interest Income	13.82B	11.74B	12.95B	9.29B	6.90B
Other Non-Interest Income	11.47B	10.45B	11.67B	9.09B	6.55B
Income From Trading Activities	2.26B	0.84B	0.48B	0.05B	0.15B
Gain (Loss) on Sale of Assets	-37.00M	-6.00M	389.00M	25.00M	-3.06M
Gain (Loss) on Sale of Investments	125.00M	454.00M	413.00M	114.00M	195.01M
Expenses & Provisions
Selling, General & Administrative	4.16B	3.97B	3.76B	2.66B	2.21B
Interest Paid on Deposits	46.47B	45.74B	27.24B	11.62B	9.56B
Total Non-Interest Expense	15.04B	13.75B	11.70B	9.25B	8.01B
Provision for Loan Losses	1.41B	-0.01B	3.35B	5.18B	5.90B
Salaries and Employee Benefits	9.23B	8.28B	6.77B	5.35B	4.57B
Occupancy Expenses	1.64B	1.50B	1.14B	1.08B	1.06B
Asset Writedown	-54.00M	-116.00M	-96.00M	—	—
Amortization of Goodwill & Intangibles	—	—	28.00M	163.00M	163.30M
Profitability & Returns
EBT Excluding Unusual Items	32.87B	30.39B	27.98B	18.07B	9.91B
Pretax Income	29.84B	27.14B	23.66B	14.97B	9.91B
Profit Margin	+48.9%	+50.9%	+52.9%	+45.7%	+48.6%
Net Income	23.98B	22.97B	21.48B	13.00B	9.30B
Net Income to Common	23.44B	22.46B	20.97B	12.49B	8.71B
Net Income Growth	+4.4%	+7.0%	+65.2%	+39.9%	+33.6%
Earnings From Continuing Ops.	24.01B	23.01B	21.52B	13.01B	9.31B
Minority Interest in Earnings	-26.00M	-35.00M	-41.00M	-7.00M	-8.43M
Income Tax Expense	5.83B	4.13B	2.13B	1.96B	0.60B
Effective Tax Rate	+19.5%	+15.2%	+9.0%	+13.1%	+6.1%
Per Share & Capital
EPS (Basic)	3.71	3.56	3.32	1.98	1.38
EPS (Diluted)	3.71	3.56	3.32	1.98	1.38
EPS Growth	+4.4%	+7.1%	+67.9%	+43.5%	+38.0%
Dividend Per Share	1.00	1.00	1.20	0.60	0.50
Shares Change (YoY)	—	—	—	0	—
Shares Outstanding (Basic)	6.31B	6.31B	6.31B	6.31B	6.31B
Shares Outstanding (Diluted)	6.31B	6.31B	6.31B	6.31B	6.31B
Dividend Growth	—	-16.7%	+100.0%	+20.0%	+25.0%
Free Cash Flow	-139.00B	-27.68B	-63.73B	-10.59B	42.82B
Free Cash Flow Margin	-290.2%	-62.7%	-160.6%	-38.8%	+238.9%
Free Cash Flow Per Share	-22.03	-4.39	-10.10	-1.68	6.79
Payout Ratio	+28.6%	+35.2%	+20.0%	+28.2%	+33.5%
Preferred Dividends & Other Adjustments	539.00M	511.00M	511.00M	511.00M	592.23M
Supplemental
Other Unusual Items	-2.98B	-3.14B	-4.23B	-3.10B	—

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	47.91B	44.14B	39.68B	27.32B	17.92B
Interest Income	81.98B	78.13B	57.32B	34.84B	26.49B
Interest Expense	46.47B	45.74B	27.24B	11.62B	9.56B
Pretax Income	29.84B	27.14B	23.66B	14.97B	9.91B
Income Tax	5.83B	4.13B	2.13B	1.96B	0.60B
Net Income	23.44B	22.46B	20.97B	12.49B	8.71B
Net Interest Income	35.50B	32.40B	30.08B	23.22B	16.92B
Non-Interest Income	13.82B	11.74B	12.95B	9.29B	6.90B
Non-Interest Expense	15.04B	13.75B	11.70B	9.25B	8.01B
Loan Loss Provisions	1.41B	-0.01B	3.35B	5.18B	5.90B
EPS (Basic)	3.71	3.56	3.32	1.98	1.38
EPS (Diluted)	3.71	3.56	3.32	1.98	1.38
DPS	1.00	1.00	1.20	0.60	0.50
Margins & Efficiency
Net Margin %	+48.9%	+50.9%	+52.9%	+45.7%	+48.6%
Revenue & Income
Revenue	47.91B	44.14B	39.68B	27.32B	17.92B
Revenue	47.91B	44.14B	39.68B	27.32B	17.92B
Revenue Growth (YoY)	+8.5%	+11.3%	+45.2%	+52.4%	+17.3%
Revenues Before Loan Losses	49.32B	44.13B	43.03B	32.51B	23.82B
Interest Income on Loans	81.98B	78.13B	57.32B	34.84B	26.49B
Net Interest Income	35.50B	32.40B	30.08B	23.22B	16.92B
Net Interest Income Growth (YoY)	+9.6%	+7.7%	+29.5%	+37.2%	-3.2%
Non-Interest Income Growth (YoY)	+17.7%	-9.3%	+39.5%	+34.6%	+20.5%
Total Non-Interest Income	13.82B	11.74B	12.95B	9.29B	6.90B
Other Non-Interest Income	11.47B	10.45B	11.67B	9.09B	6.55B
Income From Trading Activities	2.26B	0.84B	0.48B	0.05B	0.15B
Gain (Loss) on Sale of Assets	-37.00M	-6.00M	389.00M	25.00M	-3.06M
Gain (Loss) on Sale of Investments	125.00M	454.00M	413.00M	114.00M	195.01M
Expenses & Provisions
Selling, General & Administrative	4.16B	3.97B	3.76B	2.66B	2.21B
Interest Paid on Deposits	46.47B	45.74B	27.24B	11.62B	9.56B
Total Non-Interest Expense	15.04B	13.75B	11.70B	9.25B	8.01B
Provision for Loan Losses	1.41B	-0.01B	3.35B	5.18B	5.90B
Salaries and Employee Benefits	9.23B	8.28B	6.77B	5.35B	4.57B
Occupancy Expenses	1.64B	1.50B	1.14B	1.08B	1.06B
Asset Writedown	-54.00M	-116.00M	-96.00M	—	—
Amortization of Goodwill & Intangibles	—	—	28.00M	163.00M	163.30M
Profitability & Returns
EBT Excluding Unusual Items	32.87B	30.39B	27.98B	18.07B	9.91B
Pretax Income	29.84B	27.14B	23.66B	14.97B	9.91B
Profit Margin	+48.9%	+50.9%	+52.9%	+45.7%	+48.6%
Net Income	23.98B	22.97B	21.48B	13.00B	9.30B
Net Income to Common	23.44B	22.46B	20.97B	12.49B	8.71B
Net Income Growth	+4.4%	+7.0%	+65.2%	+39.9%	+33.6%
Earnings From Continuing Ops.	24.01B	23.01B	21.52B	13.01B	9.31B
Minority Interest in Earnings	-26.00M	-35.00M	-41.00M	-7.00M	-8.43M
Income Tax Expense	5.83B	4.13B	2.13B	1.96B	0.60B
Effective Tax Rate	+19.5%	+15.2%	+9.0%	+13.1%	+6.1%
Per Share & Capital
EPS (Basic)	3.71	3.56	3.32	1.98	1.38
EPS (Diluted)	3.71	3.56	3.32	1.98	1.38
EPS Growth	+4.4%	+7.1%	+67.9%	+43.5%	+38.0%
Dividend Per Share	1.00	1.00	1.20	0.60	0.50
Shares Change (YoY)	—	—	—	0	—
Shares Outstanding (Basic)	6.31B	6.31B	6.31B	6.31B	6.31B
Shares Outstanding (Diluted)	6.31B	6.31B	6.31B	6.31B	6.31B
Dividend Growth	—	-16.7%	+100.0%	+20.0%	+25.0%
Free Cash Flow	-139.00B	-27.68B	-63.73B	-10.59B	42.82B
Free Cash Flow Margin	-290.2%	-62.7%	-160.6%	-38.8%	+238.9%
Free Cash Flow Per Share	-22.03	-4.39	-10.10	-1.68	6.79
Payout Ratio	+28.6%	+35.2%	+20.0%	+28.2%	+33.5%
Preferred Dividends & Other Adjustments	539.00M	511.00M	511.00M	511.00M	592.23M
Supplemental
Other Unusual Items	-2.98B	-3.14B	-4.23B	-3.10B	—