4 Hrs
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الاقتصادية
ADCB Profits Up 27% to AED 10.3B
Commercial Bank of Abu Dhabi achieved record profits during the first nine months of 2026, with net profit after tax reaching AED 10.3 billion, a 27% increase compared to the same period last year. Pre-tax profits rose by 28% to AED 11.67 billion. The bank also saw a significant growth in operating income from core operations, increasing by 10% to AED 18.3 billion, and non-interest income grew by 21% to AED 6.96 billion. The bank's assets grew to AED 890 billion, an increase of 20%, while customer deposits rose to AED 558 billion, up 16%. The bank continued to report strong financial results, maintaining growth for the twenty-first consecutive quarter.
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