{"id":5918,"date":"2026-04-24T17:43:02","date_gmt":"2026-04-24T14:43:02","guid":{"rendered":"https:\/\/relinvestmentsgroup.com\/?p=5918"},"modified":"2026-04-25T03:47:21","modified_gmt":"2026-04-25T00:47:21","slug":"fab-demonstriruet-vysokie-rezultaty-v-pervom-kvartale-chistaya-pribyl-sostavila-1-36-mlrd-dollarov-ssha","status":"publish","type":"post","link":"https:\/\/relinvestmentsgroup.com\/en\/fab-demonstriruet-vysokie-rezultaty-v-pervom-kvartale-chistaya-pribyl-sostavila-1-36-mlrd-dollarov-ssha\/","title":{"rendered":"FAB delivers strong Q1 results, net profit at $1.36bn"},"content":{"rendered":"<p><\/p>\n<p class=\"p1\">First Abu Dhabi Bank (FAB), one of the world\u2019s largest financial institutions, said its operating income increased by 6% yoy to AED9.34 billion ($2.54 billion) for the first quarter of 2026, while operating profit rose by 5% yoy to AED7.22 billion ($1.97 billion).<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">The group recorded a net profit of AED5.01 billion ($1.36 billion), while Return on Tangible Equity (RoTE) remained firmly above the group\u2019s medium-term guidance at 17.8%.<\/p>\n<p class=\"p1\">FAB\u2019s performance for the period was supported by strong operating momentum across its franchise, diversified income streams, and sustained activity across key business segments. Net interest income rose 12% yoy to AED5.61 billion, driven by solid business volumes and resilient margins, while non-interest income stood at AED3.72 billion and contributed 40% of Group revenue in Q1\u201926.<\/p>\n<p class=\"p1\">Balance sheet growth remained broad-based supported by strong lending activity and continued deposit inflows. Total assets rose by 6% year- to- date to AED1.49 trillion, surpassing $400 billion for the first time. Loans and advances (net) increased by 8% ytd to AED668 billion, reflecting healthy origination momentum across divisions, economic sectors, and geographies. Customer deposits grew by 4% ytd to AED871 billion on the back of strong inflows within the UAE.<\/p>\n<p class=\"p1\">FAB has delivered a strong start to 2026, with first quarter Group revenue of AED 9.34 billion and net profit of AED 5.01 billion. Return on Tangible Equity remained solid at 17.8%.<\/p>\n<p class=\"p1\">Q1 2026 year performance reflects the strength of diversified franchise, disciplined risk management, and strong credit profile, despite a more volatile backdrop towards the end of the quarter. These fundamentals are reflected in AA- or equivalent credit rating, the strongest combined rating among MENA banks and one of the strongest globally, alongside consistent profitability, supported by a balanced revenue mix, disciplined cost management, and a prudent risk approach.<\/p>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>First Abu Dhabi Bank (FAB), one of the world\u2019s largest financial institutions, said its operating income increased by 6% yoy to AED9.34 billion ($2.54 billion) for the first quarter of 2026, while operating profit rose by 5% yoy to AED7.22 billion ($1.97 billion).\u00a0 The group recorded a net profit of AED5.01 billion ($1.36 billion), while [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5919,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/04\/FAB-1-1140x445.webp",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/04\/FAB-1-463x348.webp",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/04\/FAB-1-300x225.webp",300,225,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/04\/FAB-1.webp",1200,900,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=5918"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5918\/revisions"}],"predecessor-version":[{"id":5920,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/5918\/revisions\/5920"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/5919"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=5918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=5918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=5918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}