Abu Dhabi Commercial Bank (ADCB) investor relations material

Executive summary

• Achieved record profit before tax of AED 7.61 billion in H1'26, up 28% YoY, and net profit after tax of AED 6.74 billion, up 34% YoY, marking 20 consecutive quarters of profit growth.

• Sustained momentum driven by significant loan growth, strong asset quality, and higher non-interest income amid a resilient UAE economy.

• Maintained strong asset quality and capital position, supporting continued expansion and value creation.

• Continued execution of a five-year strategy, with accelerated AI integration and digital initiatives across customer journeys and business operations.

• Total assets increased to AED 833.2 billion as of June 30, 2026.

Financial highlights

• Operating income for H1'26 rose 12% YoY to AED 11.98 billion; non-interest income up 22% YoY to AED 4.51 billion, now 38% of operating income.

• Net interest income grew to AED 7.47 billion in H1'26, up 6% YoY.

• Cost-to-income ratio improved by 90 bps YoY to 26.8% in H1'26.

• Net loans to customers increased 10% YTD to AED 445 billion; customer deposits up 5% YTD to AED 527 billion.

• Basic EPS for H1'26 was AED 0.82, up from AED 0.63 in H1'25.

Outlook and guidance

• On track to deliver five-year and full-year 2026 guidance, including CET1 ratio above 12%, cost of risk below 60 bps, and ROE above 15%.

• Targeting to double net profit to AED 20 billion within five years and pay out approximately AED 25 billion in dividends.

• Loan growth expected to reach high teens by year-end, supported by a strong pipeline and robust CapEx activity.

• NIMs expected to remain stable for the rest of the year, with risk-adjusted NIM at 1.91% in H1'26.

• Results for the six-month period are not necessarily indicative of full-year performance.