UAE’s FAB posts 22% jump in Q4 profit, beats estimates

First Abu Dhabi Bank (FAB) reported a 22 per cent increase in fourth-quarter net profit on Wednesday, driven by growth in its operating income amid “sustained business momentum” and rising non-interest income.

The UAE’s largest lender by assets reported a net profit of AED5.1 billion ($1.39 billion) for the last three months of 2025, beating analysts’ expectations of AED4.9 billion, according to mean estimates compiled by LSEG.

FAB, whose top shareholder is sovereign wealth fund Mubadala, proposed a cash dividend of 80 fils per share.

UAE banks have benefited recently from rising credit demand as regional governments invest in sectors such as tourism and infrastructure to diversify their economies beyond oil revenues.

“The composition of earnings continued to evolve positively, with a higher contribution from non-funded income and steady delivery across business lines and geographies,” CFO Lars Kramer said in a statement.

FAB’s 2025 net profit soared to a record AED21.1 billion, as revenues were boosted by a 36 per cent jump in non-interest income.

Loans and advances grew by 17 per cent to AED616 billion in 2025, while customer deposits were up 7 per cent at AED841 billion, bringing total assets to AED1.4 trillion at the end of December.