Emirates NBD crossed the AED 1 trillion total assets threshold for the first time in its history during the first quarter of 2025, the Dubai-headquartered bank disclosed on 22 April 2025, as it reported profit before tax of AED 7.8 billion for the three months to March.
The profit before tax figure represented a 2% increase year-on-year and a 56% increase quarter-on-quarter, a sequential jump the bank attributed to higher income, lower costs and a net impairment credit of AED 0.5 billion. Net income for the quarter came in at AED 6.2 billion.
LOANS AND DEPOSITS
Loans grew by AED 18 billion over the course of the first quarter.
On the liabilities side, current account and savings account deposits, known collectively as CASA, rose by AED 27 billion during the quarter. The net interest margin for the quarter was reported at 3.58%. The cost-to-income ratio stood at 30.9%.
EMIRATES ISLAMIC POSTS RECORD QUARTERLY PROFIT
Within the group results, Emirates Islamic, the Sharia-compliant subsidiary, achieved a record quarterly profit of more than AED 1 billion in the first three months of 2025.
The bank's 2025 guidance is for a net interest margin of 3.3-3.5% and a cost-to-income ratio of no more than 33%.