Abu Dhabi Commercial Bank (ADCB) reported a strong 20% jump in profit before tax for the first quarter of 2025, reaching AED 2.907 billion, driven by higher income and solid growth in assets, loans, and deposits.
According to the bank’s latest statement, net profit after tax climbed to AED 2.446 billion, reflecting robust performance across core business segments. Operating income rose 9% year-on-year (YoY) to AED 5.013 billion.
Net interest income in the quarter rose 3% YoY to AED 3.394 billion, while non-interest income saw a sharp 26% surge to AED 1.619 billion, underlining strong diversification in revenue streams.
Total assets stood at AED 680 billion, up 14% YoY. The bank’s net loans reached AED 359 billion, marking a 13% rise, while customer deposits increased 15% to AED 442 billion.
CASA (Current and Savings Account) deposits accounted for 45% of total deposits, underscoring the bank’s continued strength in low-cost funding.
ADCB’s Q1 results signal continued momentum in the UAE’s banking sector, supported by economic growth and rising consumer and corporate confidence.
News Source: Emirates News Agency
