Mashreq Posts AED 8.3 Billion Net Profit Before Tax For 2025

Mashreq reports solid 2025 results, with net profit before tax of AED8.3 billion and net profit after tax of AED7.0 billion, despite the introduction of corporate income taxation. The Bank also records a return on equity of 20% and maintains a cost-to-income ratio of 31%, positioning its efficiency metrics among the strongest reported in the banking sector.

Total operating income for 2025 reaches AED12.6 billion, up 3% year-on-year on an adjusted basis that excludes the one-off gain from the partial divestment of IDFAA in 2024. Performance is supported by higher origination activity and broader revenue contributions across Mashreq’s businesses, reflecting the benefits of scale, diversification and disciplined execution across markets.

Non-interest income shows a notable shift in the earnings mix during 2025. Excluding the one-off gain from the partial divestment of IDFAA, non-interest income increases 16% year-on-year. Within this, investment income rises 53%, while other income, excluding one-off items, climbs 30%, indicating greater transaction intensity and a stronger focus on fee-based revenue lines across the franchise.

Balance-sheet expansion continues to underpin Mashreq’s 2025 financial results and operating income performance. Total assets grow 25% year-on-year to AED335 billion as at 31 December 2025. Growth is broad-based, driven by client demand within the UAE franchise and selective international expansion aligned with client activity, trade flows and targeted sector exposures across key wholesale, retail and financial institution segments.

Total lending across customers and banks reaches AED230 billion, representing 30% year-on-year growth. This reflects strong origination across wholesale, retail and financial institution portfolios. Higher transaction and financing volumes support this increase, indicating robust client activity across trade and investment corridors that Mashreq serves, both within the UAE and internationally.

Customer deposits rise 27% year-on-year to AED205 billion, underlining growing client balances across retail and corporate segments. The CASA ratio stands at 62%, which provides a stable and low-cost funding base. This funding structure supports Mashreq’s 2025 financial results across lending, deposits and operating income, while helping to manage margins within a changing rate and regulatory environment.

Abdul Aziz Al Ghurair, Chairman, Mashreq, said, "As we reflect on 2025, Mashreq’s progress is defined by resilience, disciplined growth, and a clear commitment to our purpose as a trusted enabler of financial advancement across borders. In a year that tested global markets and accelerated the shift toward a digital-first economy, Mashreq delivered a strong performance, achieving a net profit before tax of AED8.3 billion.This outcome reflects the strength of our strategy, the trust of our clients, and the enduring relevance of our role in the UAE’s evolving financial landscape."

Mashreq 2025 financial results, strategy and operating income outlook

Continuing the strategic outlook, Abdul Aziz Al Ghurair adds that the Board’s priorities remain centred on innovation, international expansion and sustainability. The Chairman states that Mashreq aims to further embed environmental, social and governance considerations into the long-term agenda, while continuing to support clients, communities and wider economies through a combination of human-centric and technology-enabled banking services.

Ahmed Abdelaal, Group Chief Executive Officer, Mashreq, commented, "2025 marked another pivotal year in Mashreq’s journey as a digitally advanced, globally connected bank serving clients across some of the world’s most dynamic trade and investment corridors. In a year of continued transformation and growth, we delivered operating income of AED12.6 billion, expanded our total assets by 25% to AED335 billion, and achieved a return on equity of 20%, all while maintaining a cost-to-income ratio of 31%, among the best in the industry."

Ahmed Abdelaal further notes the strategic priorities for the coming period, highlighting responsible growth and deeper international reach, while keeping technology and purpose at the centre of decision making. "Looking to the future, we will continue to deliver responsible growth, deepen our international footprint, and lead with technology and purpose. Our ambition remains to shape the future of banking by empowering clients, communities, and our people to thrive in an increasingly connected world. With resilience and purpose, we are well-positioned to navigate the opportunities and complexities of the year ahead."

Mashreq’s 2025 financial results and operating income performance indicate consistent progress across profitability, balance-sheet strength and diversification of revenue sources. Rising lending volumes, growing deposits and higher non-interest income support earnings, even with new taxation in place. Management signals continued emphasis on technology, cross-border business and sustainability, suggesting a stable platform for further growth within the UAE and across international markets.

With inputs from WAM