Mashreq Bank

Mashreqbank PSC

MASQStocksDubai Financial MarketBanks

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	3.07B	3.08B	2.92B	3.02B	4.55B
Interest Income	4.11B	4.11B	3.89B	3.76B	3.85B
Interest Expense	2.05B	1.99B	1.90B	1.80B	1.79B
Pretax Income	2.12B	2.07B	1.98B	2.10B	3.40B
Income Tax	329.40M	357.26M	295.05M	309.07M	224.86M
Net Income	1.69B	1.68B	1.60B	1.64B	3.08B
Net Interest Income	2.06B	2.12B	1.99B	1.97B	2.05B
Non-Interest Income	1.09B	1.08B	1.07B	1.15B	2.25B
Non-Interest Expense	0.99B	1.02B	0.95B	0.92B	1.15B
Loan Loss Provisions	0.08B	0.12B	0.14B	0.10B	-0.24B
EPS (Basic)	8.40	8.16	7.89	8.55	15.34
EPS (Diluted)	8.40	8.16	7.89	8.55	15.34
Margins & Efficiency
Net Margin %	+54.8%	+54.7%	+54.8%	+54.4%	+67.7%
Revenue & Income
Revenue	3.07B	3.08B	2.92B	3.02B	4.55B
Revenue	3.07B	3.08B	2.92B	3.02B	4.55B
Revenue Growth (YoY)	-32.4%	+8.0%	-4.7%	-2.7%	+16.2%
Revenues Before Loan Losses	3.15B	3.20B	3.07B	3.12B	4.31B
Interest Income on Loans	4.11B	4.11B	3.89B	3.76B	3.85B
Net Interest Income	2.06B	2.12B	1.99B	1.97B	2.05B
Net Interest Income Growth (YoY)	+0.3%	+0.5%	-4.2%	-8.3%	-1.7%
Non-Interest Income Growth (YoY)	-51.5%	+25.5%	+18.6%	+15.7%	+183.5%
Total Non-Interest Income	1.09B	1.08B	1.07B	1.15B	2.25B
Other Non-Interest Income	1.07B	0.98B	0.99B	1.10B	2.23B
Gain (Loss) on Sale of Assets	1.86M	—	—	—	12.86M
Gain (Loss) on Sale of Investments	21.77M	98.66M	87.03M	55.59M	9.97M
Expenses & Provisions
Selling, General & Administrative	-1.41B	1.02B	0.95B	0.92B	-1.26B
Interest Paid on Deposits	2.05B	1.99B	1.90B	1.80B	1.79B
Total Non-Interest Expense	0.99B	1.02B	0.95B	0.92B	1.15B
Provision for Loan Losses	0.08B	0.12B	0.14B	0.10B	-0.24B
Salaries and Employee Benefits	2.10B	—	—	—	2.13B
Occupancy Expenses	151.99M	—	—	—	155.44M
Asset Writedown	33.92M	—	—	—	10.43M
Amortization of Goodwill & Intangibles	142.57M	—	—	—	122.27M
Profitability & Returns
EBT Excluding Unusual Items	2.09B	2.07B	1.98B	2.10B	3.39B
Pretax Income	2.12B	2.07B	1.98B	2.10B	3.40B
Profit Margin	+54.8%	+54.7%	+54.8%	+54.4%	+67.7%
Net Income	1.75B	1.68B	1.65B	1.76B	3.14B
Net Income to Common	1.69B	1.68B	1.60B	1.64B	3.08B
Net Income Growth	-44.3%	-4.9%	-17.4%	-12.5%	+11.4%
Earnings From Continuing Ops.	1.79B	1.71B	1.68B	1.79B	3.18B
Minority Interest in Earnings	-38.84M	-23.40M	-32.13M	-36.21M	-33.50M
Income Tax Expense	329.40M	357.26M	295.05M	309.07M	224.86M
Effective Tax Rate	+15.5%	+17.3%	+14.9%	+14.7%	+6.6%
Per Share & Capital
EPS (Basic)	8.40	8.16	7.89	8.55	15.34
EPS (Diluted)	8.40	8.16	7.89	8.55	15.34
EPS Growth	-45.2%	-5.0%	-21.1%	-12.6%	+9.1%
Dividend Per Share	10.20	—	—	—	21.10
Shares Change (YoY)	—	0	0.04	-0.04	—
Shares Outstanding (Basic)	200.61M	206.49M	203.00M	192.34M	200.61M
Shares Outstanding (Diluted)	200.61M	206.49M	203.00M	192.34M	200.61M
Dividend Growth	-51.7%	—	—	—	+14.1%
Free Cash Flow	-16.51B	-8.47B	-11.60B	-4.96B	-2.98B
Free Cash Flow Margin	-536.8%	-275.0%	-396.9%	-164.1%	-65.4%
Free Cash Flow Per Share	-82.28	-41.03	-57.15	-25.76	-14.83
Payout Ratio	+3.7%	+2.8%	+6.8%	+241.1%	+2.1%
Preferred Dividends & Other Adjustments	65.43M	—	46.83M	112.26M	65.43M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (AED)

1-5

	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024
Operating Summary
Revenue	3.07B	3.08B	2.92B	3.02B	4.55B
Interest Income	4.11B	4.11B	3.89B	3.76B	3.85B
Interest Expense	2.05B	1.99B	1.90B	1.80B	1.79B
Pretax Income	2.12B	2.07B	1.98B	2.10B	3.40B
Income Tax	329.40M	357.26M	295.05M	309.07M	224.86M
Net Income	1.69B	1.68B	1.60B	1.64B	3.08B
Net Interest Income	2.06B	2.12B	1.99B	1.97B	2.05B
Non-Interest Income	1.09B	1.08B	1.07B	1.15B	2.25B
Non-Interest Expense	0.99B	1.02B	0.95B	0.92B	1.15B
Loan Loss Provisions	0.08B	0.12B	0.14B	0.10B	-0.24B
EPS (Basic)	8.40	8.16	7.89	8.55	15.34
EPS (Diluted)	8.40	8.16	7.89	8.55	15.34
Margins & Efficiency
Net Margin %	+54.8%	+54.7%	+54.8%	+54.4%	+67.7%
Revenue & Income
Revenue	3.07B	3.08B	2.92B	3.02B	4.55B
Revenue	3.07B	3.08B	2.92B	3.02B	4.55B
Revenue Growth (YoY)	-32.4%	+8.0%	-4.7%	-2.7%	+16.2%
Revenues Before Loan Losses	3.15B	3.20B	3.07B	3.12B	4.31B
Interest Income on Loans	4.11B	4.11B	3.89B	3.76B	3.85B
Net Interest Income	2.06B	2.12B	1.99B	1.97B	2.05B
Net Interest Income Growth (YoY)	+0.3%	+0.5%	-4.2%	-8.3%	-1.7%
Non-Interest Income Growth (YoY)	-51.5%	+25.5%	+18.6%	+15.7%	+183.5%
Total Non-Interest Income	1.09B	1.08B	1.07B	1.15B	2.25B
Other Non-Interest Income	1.07B	0.98B	0.99B	1.10B	2.23B
Gain (Loss) on Sale of Assets	1.86M	—	—	—	12.86M
Gain (Loss) on Sale of Investments	21.77M	98.66M	87.03M	55.59M	9.97M
Expenses & Provisions
Selling, General & Administrative	-1.41B	1.02B	0.95B	0.92B	-1.26B
Interest Paid on Deposits	2.05B	1.99B	1.90B	1.80B	1.79B
Total Non-Interest Expense	0.99B	1.02B	0.95B	0.92B	1.15B
Provision for Loan Losses	0.08B	0.12B	0.14B	0.10B	-0.24B
Salaries and Employee Benefits	2.10B	—	—	—	2.13B
Occupancy Expenses	151.99M	—	—	—	155.44M
Asset Writedown	33.92M	—	—	—	10.43M
Amortization of Goodwill & Intangibles	142.57M	—	—	—	122.27M
Profitability & Returns
EBT Excluding Unusual Items	2.09B	2.07B	1.98B	2.10B	3.39B
Pretax Income	2.12B	2.07B	1.98B	2.10B	3.40B
Profit Margin	+54.8%	+54.7%	+54.8%	+54.4%	+67.7%
Net Income	1.75B	1.68B	1.65B	1.76B	3.14B
Net Income to Common	1.69B	1.68B	1.60B	1.64B	3.08B
Net Income Growth	-44.3%	-4.9%	-17.4%	-12.5%	+11.4%
Earnings From Continuing Ops.	1.79B	1.71B	1.68B	1.79B	3.18B
Minority Interest in Earnings	-38.84M	-23.40M	-32.13M	-36.21M	-33.50M
Income Tax Expense	329.40M	357.26M	295.05M	309.07M	224.86M
Effective Tax Rate	+15.5%	+17.3%	+14.9%	+14.7%	+6.6%
Per Share & Capital
EPS (Basic)	8.40	8.16	7.89	8.55	15.34
EPS (Diluted)	8.40	8.16	7.89	8.55	15.34
EPS Growth	-45.2%	-5.0%	-21.1%	-12.6%	+9.1%
Dividend Per Share	10.20	—	—	—	21.10
Shares Change (YoY)	—	0	0.04	-0.04	—
Shares Outstanding (Basic)	200.61M	206.49M	203.00M	192.34M	200.61M
Shares Outstanding (Diluted)	200.61M	206.49M	203.00M	192.34M	200.61M
Dividend Growth	-51.7%	—	—	—	+14.1%
Free Cash Flow	-16.51B	-8.47B	-11.60B	-4.96B	-2.98B
Free Cash Flow Margin	-536.8%	-275.0%	-396.9%	-164.1%	-65.4%
Free Cash Flow Per Share	-82.28	-41.03	-57.15	-25.76	-14.83
Payout Ratio	+3.7%	+2.8%	+6.8%	+241.1%	+2.1%
Preferred Dividends & Other Adjustments	65.43M	—	46.83M	112.26M	65.43M