Abu Dhabi Islamic Bank expanded customer financing by 25% year over year in the first nine months of 2026, while net profit and revenue both rose, Gulf News reported.
The lender recorded Dh9.7 billion in revenue and Dh6.4 billion in pretax profit, each 6% higher year over year. Financing added Dh43 billion over the 12 months through September, with Dh33 billion of the increase accruing since Jan. 1. Return on equity was 28%.
At Sept. 30, ADIB's assets stood at Dh318 billion, 18% above a year earlier. Deposits reached Dh259 billion after a 17% gain, including Dh30 billion gathered since January. Current and savings accounts made up 60% of deposits; Gulf News described them as a relatively low-cost source of funding. ADIB's customer base grew by more than 200,000 over the nine-month period.
Funded income advanced 11% to Dh6.1 billion, and the net profit margin measured 3.64%. Non-funded income totaled Dh3.6 billion, or 37% of revenue. Third-quarter net fee and commission income rose 9% year over year to Dh591 million, partly reflecting higher card income and processing fees, Gulf News said.
Credit measures also improved: nonperforming assets stood at 2%, a level Gulf News characterized as a record low, while impairment charges fell 12% to Dh451 million. Provision coverage excluding collateral was 114.3%, up from 89.3% one year earlier. Costs were 9% higher at Dh2.8 billion as the bank increased spending on technology, staff and expansion. Its cost-to-income ratio was 29.1%, and its cost of risk was 30 basis points.
ADIB's total equity gained 11% to Dh34 billion, and its common equity tier 1 capital ratio was 12.4% at September's end. Gulf News reported that ADIB tied a Dh1.75 billion rights issue to stronger capital and its Vision 2035 plans. Mohamed Abdelbary, the bank's Group Chief Executive Officer, cited business prospects in both retail and wholesale banking as part of the expansion outlook.
