Bank of Sharjah nine-month net interest income rises to AED 717 million
Bank of Sharjah reported nine-month 2026 results with higher assets, while auditors left their conclusion unchanged over a Lebanese subsidiary held for sale.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
Bank of Sharjah published interim financial statements for the nine months to 30 September 2026, according to Reuters. The review by Grant Thornton raised no issues with its conclusion. Group total assets stood at AED 54.88 billion at the end of September, compared with AED 48.37 billion at the end of 2025. Net interest income for the nine months reached AED 717.2 million, up from AED 514.2 million a year earlier, while operating income rose to AED 836.8 million from AED 712.7 million.
The auditors drew attention to Emirates Lebanon Bank, a subsidiary classified as held for sale. The sale has not been completed within one year because of geopolitical conditions in Lebanon, and the bank could not obtain an updated fair value estimate. The auditors' conclusion was not modified because of this matter.
why it matters
The report covers a single regional lender, so its direct market impact is limited mainly to shareholders and creditors. Growth in net interest income and in net loans, which rose from AED 30.4 billion to AED 37.7 billion, points to business expansion, while the delayed Lebanese sale remains an open uncertainty.
tags
instruments
sources
- REG - Bank of Sharjah PJSC - 3rd Quarter Results — Reuters, 23 October 2026 at 09:16 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗