FAB posts record 9-month net profit of $4.36bn

23/10/2025 02:05 AST

First Abu Dhabi Bank (FAB), the UAE's global bank and one of the world's largest and safest financial institutions, today announced a record group net profit of AED16.02 billion for the nine-month period ended 30 September 2025, representing a 24% year-on-year (yoy) increase.

Profit Before Tax grew 26% yoy to AED19.25 billion during the nine-month period. Return on Tangible Equity (RoTE) stood at 20%, remaining well above the bank's medium-term guidance.

FAB's performance for the period was driven by strong execution throughout the franchise, delivering double-digit growth across all business divisions. This was driven by strong momentum in client activity, diversified revenue streams, and expanding contributions from strategic trade corridors.

Operating income rose 16% yoy to AED27.65 billion, supported by sustained client activity during 9M'25. Net interest income rose 2% yoy to AED14.96 billion, reflecting healthy volume growth. Non-interest income surged 37% yoy to AED12.7 billion, accounting for 46% of Group revenue, supported by a 23% yoy rise in fees and commissions and a 45% yoy increase in FX and investment income.

On the balance sheet, loans and advances grew 13% ytd to AED596 billion driven by strong broad-based demand and robust momentum in trade-linked financing and corridor activity. Customer deposits increased 8% to AED 848 billion, reflecting continued client confidence and liquidity inflows.

Total assets reached AED1.38 trillion, up 14% ytd. Asset quality remained solid, supported by a prudent risk profile, while capital and liquidity buffers stayed comfortably above regulatory requirements. CET1 stood at 13.7% and LCR at 158% as of September-end 2025. FAB continues to hold one of the strongest combined credit ratings in the region (AA- or equivalent), displaying its solid capital position, balance sheet strength, and disciplined execution.

Hana Al Rostamani, Group Chief Executive Officer of FAB, said: "FAB delivered record results in the first nine months of 2025, with group revenue of AED27.65 billion and net profit over AED16 billion, up 16% and 24% year-on-year, respectively, reflecting strong momentum throughout the year. Return on Tangible Equity stood at 20%, well above our medium-term target.

"Across the franchise, we continued to deliver on our priorities, deepening client relationships, diversifying revenue streams, and deploying capital efficiently to drive sustainable growth and returns. We also enhanced our international footprint and deepened our position as a trusted banking partner in global trade and investment flows. As we advance our strategic expansion in Europe, Turkey, Nigeria, and open a new branch in India, we continue to strengthen FAB's role as the leading corridor bank across key geographies.

"Our AI adoption journey is advancing rapidly, generating measurable impact across the group and reinforcing FAB's leadership at the forefront of intelligence-driven innovation. By integrating advanced technologies across our operations, we are redefining how we serve our clients, driving efficiency, agility, and long-term value," he said.

"We enter the final quarter of 2025 with solid momentum, a resilient balance sheet, and firm confidence in our ability to sustain strong performance and deliver consistent returns into 2026 and beyond."

Lars Kramer, Group Chief Financial Officer of FAB, added: "FAB's third-quarter performance marked another strong set of results, with net profit up 21% year-on-year to AED5.39 billion. We remained fully engaged in supporting our clients across all segments, maintaining strong momentum in lending, transaction volumes, and deposit flows. Client flow activity also remained healthy in a period of moderate market volatility compared to the second quarter of 2025.

"All business divisions delivered record revenue, driven by effective balance sheet deployment and growth in fee-based businesses supporting an enhanced revenue mix, while interest margins remained resilient," he said.

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