Abu Dhabi – Mubasher: Abu Dhabi Commercial Bank (ADCB) generated AED 2.44 billion in net profit during the first quarter (Q1) of 2025, an annual rise of 14% from AED 2.13 billion.
Basic and diluted earnings per share (EPS) jumped to AED 0.30 in Q1-25 from AED 0.26 in Q1-24, according to the financial results.
Additionally, the operating income increased by 9% year-on-year (YoY) to AED 5.01 billion in the first three months (3M) of 2025 from AED 4.58 billion.
Total assets hiked by 14% to AED 679.71 billion as of 31 March 2025 from AED 594.40 billion a year earlier, while the deposits grew by 15% to AED 441.69 billion from AED 383.69 billion.
ADCB logged 15% YoY higher net profits at AED 9.41 billion in 2024, compared to AED 8.20 billion.
