First Abu Dhabi Bank UAE Posts Record AED 5.13 Billion Q1 2025 Net Profit as Assets Cross AED 1.3 Trillion

First Abu Dhabi Bank (FAB) reported a record net profit of AED 5.13 billion for the first quarter of 2025, a 23% increase year-on-year, as total assets surpassed AED 1.3 trillion for the first time in the bank's history, the institution announced. Profit before tax reached AED 6.13 billion, up 22% over the same period, with return on tangible equity at 20.4%.

Total operating income grew 11% year-on-year to AED 8.81 billion. The net interest margin was reported at 1.97%, and the cost-to-income ratio improved to 22.3%.

LOANS, DEPOSITS AND CAPITAL

Loans grew 4% year-to-date and customer deposits rose 7% year-to-date.

The non-performing loan ratio improved to 3.3%. The common equity tier 1 ratio stood at 13.5%.

FAB was formed in 2017 through the merger of First Gulf Bank and National Bank of Abu Dhabi.