First Abu Dhabi Bank lifts third-quarter net profit 6%
The UAE's largest lender by assets reported third-quarter net profit of 5.74 billion dirhams, up from a year earlier, according to Reuters.
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what happened
First Abu Dhabi Bank, the largest UAE lender by assets, said its third-quarter net profit rose 6%, Reuters reported.
The bank earned 5.74 billion dirhams ($1.56 billion) in the three months to September 30, up from 5.39 billion a year earlier. It attributed the gain to strong income generation and sustained business momentum.
why it matters
For investors, the result signals stability at the region's biggest banking group. A 6% profit gain points to healthy demand for banking products and supports interest in the UAE financial sector.
market impact
UAE banks: the largest lender's profit growth supports the sector
tags
instruments
sources
- First Abu Dhabi Bank third-quarter net profit up 6% — Reuters, 29 October 2026 at 04:29 UTC
- First Abu Dhabi Bank's third-quarter profit rises 6% on net interest income growth — Reuters, 29 October 2026 at 05:14 UTC
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