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First Abu Dhabi Bank third-quarter profit rises 6% to Dh5.73 billion

First Abu Dhabi Bank, the UAE's largest lender by assets, reported a 6% annual rise in third-quarter net profit to Dh5.73 billion, and a 3% rise in nine-month profit to about Dh16.4 billion.

2 outlets · 0L · 2C · 0R First reported Account updated
Image: The National
Image: Gulf News

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The story, neutrally told

Centre · 1First Abu Dhabi Bank (FAB), the largest lender in the UAE by assets, reported a 6 per cent annual rise in third-quarter net profit attributable to shareholders to Dh5.73 billion (about $1.5 billion). Centre · 1The bank published the results in a statement to the Abu Dhabi Securities Exchange on Thursday 29 October 2026, covering the three months to the end of September. Centre · 1For the quarter, net interest income rose nearly 7 per cent year-on-year to Dh4.8 billion and net fee and commission income rose 16 per cent to Dh1.4 billion; net impairment charges were Dh1 billion, up from Dh850 million a year earlier.

Centre · 1Gulf News reported that third-quarter profit before tax rose 9 per cent from a year earlier to Dh7.01 billion, and that Group Chief Financial Officer Lars Kramer said third-quarter operating profit increased 11 per cent year-on-year. Centre · 2For the first nine months of 2026, group net profit grew 3 per cent to Dh16.46 billion (The National rounds it to Dh16.4 billion), with operating income up 7 per cent to Dh29.71 billion and profit before tax up 5 per cent to Dh20.22 billion. Centre · 1Over the nine months, net interest income rose 11 per cent to Dh16.98 billion and non-interest income rose 3 per cent to Dh12.73 billion, 43 per cent of operating income; operating profit increased 8 per cent to Dh23.32 billion.

Centre · 1At the end of September, loans and advances were up 10 per cent since the start of 2026 at Dh679 billion, customer deposits up 5 per cent at Dh885 billion, and total assets up 7 per cent at Dh1.47 trillion. Centre · 1Asset quality improved, with the non-performing loan ratio at 2.1 per cent against 2.6 per cent a year earlier; the CET1 ratio was 14 per cent, the liquidity coverage ratio 140 per cent, and net interest margin 1.93 per cent, up five basis points. Centre · 2Group CEO Hana Al Rostamani said the results reflected "sustained growth across our businesses" and the bank's "continued expansion of our global franchise", and that return on tangible equity of 18.6 per cent remained above medium-term guidance.

Centre · 1FAB also noted a Dh1 billion issuance of Digitally Native Green Notes, reiterated its Dh100 billion blue finance target, and said it maintains AA- or equivalent credit ratings with stable outlooks.

Every sentence links to the reporting it rests on. The pill in front of each says where its sources sit: Left, Centre or Right when one side supplies at least half of them, Mixed when they are evenly split. The number is how many outlets it cites.

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No left outlet in our sources has covered this story yet.

Centre2 outlets

Framing
Both outlets report the results as a business update drawn from the bank's own statement: The National leads with the quarterly profit rise, Gulf News with the nine-month figure and balance-sheet detail.
Emphasis
The National stresses quarterly income lines and impairment charges; Gulf News stresses nine-month totals, asset quality, capital, liquidity and green finance.
Leaves out or plays down
The National does not give balance-sheet, capital or asset-quality figures; Gulf News does not give the Dh5.73 billion quarterly net profit or quarterly impairment charges in the text.
Charged language
“strong business activity”“earnings momentum”
For example
“as net interest income and fee and commission income grew during the period on the back of strong business activity” — The National
“supported by higher lending volumes, improved interest margins and growth across its banking businesses” — Gulf News

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