First Abu Dhabi Bank’s third quarter profit climbs 6% due to strong business activity

Show caption: First Abu Dhabi Bank’s nine-month profit grew 3 per cent to …

UAE's biggest lender reports $1.5 billion in net profit for the three-month period

The National

October 29, 2026

• First Abu Dhabi Bank reported a 6 per cent annual rise in third-quarter net profit, reaching $1.5 billion.
• Net interest income grew nearly 7 per cent year-on-year to Dh4.8 billion, driven by strong business activity.
• Net fee and commission income surged 16 per cent to Dh1.4 billion, reflecting diversified revenue growth.
• The UAE's largest lender by assets posted a 3 per cent rise in nine-month profit, totalling Dh16.4 billion.
• The performance "reflects sustained growth across our businesses, the strength and scale of our diversified platform," said group chief executive Hana Al Rostamani.

First Abu Dhabi Bank, the largest lender in the UAE by assets, reported a 6 per cent annual jump in its third-quarter profit, as net interest income and fee and commission income grew during the period on the back of strong business activity.

Net profit attributable to shareholders of the bank for three months to the end of September climbed to 5.73 billion ($1.5 billion), the lender said in a statement on Thursday to the Abu Dhabi Securities Exchange, where its shares trade.

Net interest income for the quarter rose nearly 7 per cent year-on-year to Dh4.8 billion, while net fee and commission income increased 16 per cent to Dh1.4 billion.

Abu Dhabi-based lender’s nine-month profit grew 3 per cent to Dh16.4 billion.

“This performance reflects sustained growth across our businesses, the strength and scale of our diversified platform, and the continued expansion of our global franchise,” Hana Al Rostamani, group chief executive of FAB, said. “It also highlights our ability to deliver consistent returns while maintaining a strong financial position.”

Net impairment charges for third quarter reached Dh1 billion, from Dh850 million, reported for the same period of last year.

Updated:

October 29, 2026, 5:33 AM