UAE’s First Abu Dhabi Bank Sees 26% Profit Rise in First Half of 2025
First Abu Dhabi Bank (FAB), the UAE’s biggest bank, reported a 26.4% increase in net profit for the first half of 2025, reaching $2.9 billion (AED 10.7 billion), according to its latest financial report.
First-Half Highlights
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Interest income rose slightly to $2.4 billion (AED 8.8 billion).
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Income from Islamic financing grew to $303.6 million (AED 1.1 billion).
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Total interest and Islamic income reached $2.7 billion (AED 9.9 billion), up 1.8%.
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Non-interest income (like fees and commissions) rose 41% to $2.3 billion (AED 8.4 billion).
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Total operating income increased 16.4% to $4.9 billion (AED 18.3 billion).
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Overall profit (including investments) grew 78% to $2.9 billion (AED 10.7 billion).
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Loans and Islamic financing grew 11% to $154.6 billion (AED 568 billion).
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Customer deposits rose 6% to $221.3 billion (AED 813 billion).
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Earnings per share increased by 27%, from $0.20 (AED 0.73) to $0.25 (AED 0.93).
FAB said the strong results were driven by international growth, especially in Saudi Arabia, the UK, and France, where loans and deposits went up by over 20%.
The bank recently reorganized its business structure to grow in the Gulf region and increase returns for shareholders. This change follows leadership updates under CEO Hana Al Rostamani, who has led the bank since 2021.
CEO’s Comment
“Our return on equity is 20.5%, which is above our target of 16%. This is supported by a strong balance sheet and top global credit ratings,” said Al Rostamani.
Key Fact
FAB’s total assets rose 14% from last year, reaching $364.8 billion (AED 1.3 trillion) by the end of June.
Second-Quarter Results
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FAB’s second-quarter profit was $1.5 billion (AED 5.51 billion), up 29% and higher than analysts expected.
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Interest income grew to $1.4 billion (AED 5 billion), while non-interest income jumped over 60% to $1.2 billion (AED 4.5 billion).
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The strong results were helped by growth across all business areas, better risk management, and investment in technology and AI, according to CFO Lars Kramer.
Published: 24th July 2025
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