Abu Dhabi Commercial Bank (ADCB) investor relations material

Executive summary

• Achieved record net profit after tax of AED 11.445 billion for FY'25, up 22% year-on-year, with 18 consecutive quarters of profit growth and a strong start to a new five-year strategy.

• Q4'25 net profit after tax reached AED 3.342 billion, up 30% year-on-year, with continued momentum across all business lines.

• Return on equity improved to 15.3% for FY'25, reflecting enhanced profitability and capital efficiency.

• Board recommended a cash dividend of AED 0.63 per share, totaling AED 4.99 billion, or 44% of net profit.

• Successfully completed a landmark AED 6.1 billion rights issue, strengthening capital for future growth.

Financial highlights

• Operating income rose 14% year-over-year to AED 22.2 billion, driven by double-digit growth in both net interest income (+11%) and non-interest income (+20%).

• Net loans increased 16% to AED 406 billion; customer deposits rose 19% to AED 500 billion, with CASA deposits at 46% of total.

• Cost-to-income ratio improved to a record low of 28.2%, down 280 bps year-on-year.

• NPL ratio declined to 1.83%, with provision coverage at 146.4%.

• Total assets increased to AED 774 billion; liquidity coverage ratio at 131.3%, net stable funding ratio at 109.2%.

Outlook and guidance

• Five-year strategy targets doubling net profit to AED 20 billion and cumulative dividend payout of AED 25 billion, with annual net profit growth of ~20%.

• 2026 guidance: maintain ROE above 15%, loan growth above 16%, CET1 ratio >12%, cost of risk <60 bps, and progressive dividend increases.

• Lending momentum expected to continue, with robust demand in the UAE and ongoing expansion in international markets.

• Dividend policy remains progressive, targeting AED 25 billion payout over five years.

• The Group is assessing the impact of new IFRS standards effective from 2026 and 2027.