FAB Achieves Record Net Profit Of AED 10.63 Billion For First Time In H1 2025

First Abu Dhabi Bank (FAB) has reported an impressive financial performance for the first half of 2025. The bank achieved a net profit of AED10.63 billion, marking a 26% increase compared to the previous year. This is the first time FAB's half-year profit has exceeded AED10 billion. Earnings per share rose by 27% to AED0.93, while Return on Tangible Equity (RoTE) reached 20.5%, aligning with the bank's medium-term goal of over 16%.

Profit before tax saw a significant rise, increasing by 29% to AED12.83 billion. This growth was driven by a 16% year-on-year increase in operating income, which amounted to AED18.31 billion in the first half of 2025. Net interest income experienced a modest growth of 2%, reaching AED9.96 billion, while non-interest income surged by 41% to AED8.35 billion.

The substantial rise in non-interest income was attributed to a 25% increase in fees and commissions, fueled by strong deal origination and execution. Additionally, there was a notable 30% growth in FX and investment income, supported by robust client flows and strong trading performance.

Loans and advances increased by 7% year-to-date, reaching AED568 billion, while customer deposits grew by 4%, amounting to AED813 billion. These figures reflect healthy growth across both wholesale and retail sectors. Total assets expanded by 11% year-to-date, reaching AED1.34 trillion.

Hana Al Rostamani, Group Chief Executive Officer of FAB, commented on the results: "Our record performance reinforces FAB’s position as the UAE’s Global Bank and reflects a franchise defined by scale, connectivity, and innovation, with AI increasingly embedded in how we operate and how we serve our clients."

Broad-Based Revenue Growth

Lars Kramer, Group Chief Financial Officer of FAB, highlighted the bank's achievements: "We achieved broad-based growth with all divisions delivering double-digit revenue expansion, highlighting effective balance sheet deployment, the deepening of relationships and sustained client engagement in dynamic market conditions."

The bank's success underscores its strategic focus on expanding its operations through innovative solutions and maintaining strong client relationships amidst changing market dynamics.

With inputs from WAM