First Abu Dhabi Bank (ADX: FAB) stock fundamentals
ADX: FAB · Financials · United Arab Emirates
In brief
First Abu Dhabi Bank (ADX: FAB) is incorporated in Abu Dhabi, and its activities include corporate, consumer, private, investment and Islamic banking, per its H1 2026 interim financial statements. For Q2 2026, those statements report operating income of AED 10.2 billion and net profit attributable to shareholders of AED 5.72 billion.
Key facts
First Abu Dhabi Bank (ADX: FAB) · AED · fiscal year ends 31 December · figures from the company's financial statements; derived values are marked.
Fundamentals profile
vs First Abu Dhabi Bank's own FY2021–FY2025 range (fewer than 5 covered peers) · TTM to Q2 2026 · Data as of
Each row places First Abu Dhabi Bank's value against its own FY2021–FY2025 range. It describes; it does not rate. There is no overall score. How we calculate this
| Dimension | Metric | First Abu Dhabi Bank | Own 5-year median | Position | Range |
|---|---|---|---|---|---|
| Growth | Net interest income, 3-year CAGR to FY2025The bank's own subtotal, which includes net income from Islamic financing; its statements also print a separate, lower line named net interest income. Q3 2025, Q4 2025 and FY2025 are on the presentation used before the H1 2026 statements moved hedging costs on foreign exchange swaps out of net interest income. | 12.6% | Own 5-year median not available | not available | not available |
| Cost-to-income | Cost-to-income ratio (TTM to Q2 2026, our calculation) | 22.3% | Own 5-year median 25.9% | Lower (22.4%) Higher (32.2%) |
Source: First Abu Dhabi Bank financial statements. Derived by StockFactsheet.
How did First Abu Dhabi Bank's operating income change from Q3 2024 to Q2 2026?
First Abu Dhabi Bank's operating income reached AED 10.2 billion in Q2 2026, a level none of the seven quarters before it reached. That was 7.1% more than in Q2 2025. Operating income is the line that adds net interest income and non-interest income, and net profit attributable to shareholders was AED 5.72 billion.
First Abu Dhabi Bank quarterly operating income, Q3 2024 to Q2 2026
AED bn · quarters ended to
| AED m | Q2 2026ended | Q1 2026ended | Q4 2025ended | Q3 2025ended | Q2 2025ended | Q1 2025ended | Q4 2024ended | Q3 2024ended |
|---|---|---|---|---|---|---|---|---|
| Net interest income | 5,867 1 | 5,612 1 | 5,366 D 1 2 | 4,997 1 2 | not available | 5,006 1 | 4,935 D 1 | 4,890 1 |
| Non-interest income | 4,301 D | 3,723 D | 3,658 D | 4,345 D | not available | 3,808 D | 2,767 D | 3,307 D |
| Operating income | 10,168 | 9,335 | 9,024 D | 9,342 | 9,495 | 8,814 | 7,702 D | 8,197 |
| Operating income YoY % | not available | not available | not available | not available | ||||
| Net profit | 5,715 | 5,011 | 5,091 D | 5,387 | 5,506 | 5,125 | 4,189 D | 4,460 |
| Cost-to-income % | 21.0% | 22.6% | 23.6% | 22.2% | 21.4% | 22.3% | 25.6% | 24.1% |
Source: First Abu Dhabi Bank financial statements
- D Fourth quarter derived as the fiscal year minus the nine-month year-to-date total.
- D Combined from line items reported in the same filing (see Methodology).
- Not available
1 The bank's own subtotal, which includes net income from Islamic financing; its statements also print a separate, lower line named net interest income.
2 Q3 2025, Q4 2025 and FY2025 are on the presentation used before the H1 2026 statements moved hedging costs on foreign exchange swaps out of net interest income.
Totals may not add up because of rounding.
Arrows show direction of change only, not whether a change is good or bad.
Net interest income, which includes income from Islamic financing and investing products, was AED 5.87 billion in Q2 2026, against AED 5.61 billion in Q1 2026. Non-interest income is our sum of the bank's fee and commission, foreign exchange, investment and derivative, and other operating lines. It was AED 4.30 billion in Q2 2026 and AED 3.72 billion in Q1 2026. For FY2025, net interest income was AED 20.3 billion and non-interest income AED 16.4 billion.
Year-on-year growth in operating income was 14.0% in Q3 2025 and 17.2% in Q4 2025, then 5.9% in Q1 2026 and 7.1% in Q2 2026. We derive Q4 2025 as the full year less nine months. The Q2 2025 columns for net interest income and non-interest income are blank. The H1 2026 statements re-present both lines for that quarter, a move between the two that leaves operating income as it was.
The cost-to-income ratio, our calculation, was 21.0% in Q2 2026 and between 21.4% and 25.6% in the other seven quarters. Net profit was AED 5.51 billion in Q2 2025. Over the four quarters to 30 Jun 2026, our calculation gives net profit of AED 21.2 billion.
How did First Abu Dhabi Bank's loans and customer deposits compare at 30 Jun 2026?
First Abu Dhabi Bank reported net loans of AED 661 billion and customer deposits of AED 853 billion at 30 Jun 2026, in its H1 2026 interim financial statements. Its loan-to-deposit ratio, our calculation, was 77.5%. The ratio was 73.3% at 31 Dec 2025 and 70.3% at 30 Sep 2025.
| AED m | Q2 2026at | Q1 2026at | Q4 2025at | Q3 2025at | Q2 2025at |
|---|---|---|---|---|---|
| Loans, net of allowance | 661,181 | 667,546 | 616,325 | 596,136 | not available |
| Customer deposits | 852,971 | 870,905 | 840,773 | 848,282 | not available |
| Loan-to-deposit % | 77.5% | 76.6% | 73.3% | 70.3% | not available |
| Shareholders' equity | 143,893 | 140,154 | 146,698 | 138,268 | not available |
Source: First Abu Dhabi Bank financial statements
- Not available
Totals may not add up because of rounding.
Loans rose from AED 616 billion at 31 Dec 2025 to AED 668 billion at 31 Mar 2026. Deposits rose from AED 841 billion to AED 871 billion between those two dates. At 30 Jun 2026, loans were AED 661 billion and deposits AED 853 billion, both lower than at the end of March.
Equity attributable to shareholders was AED 144 billion at 30 Jun 2026, AED 140 billion at 31 Mar 2026 and AED 147 billion at 31 Dec 2025. It includes the bank's Tier 1 capital notes. Total assets were AED 1.41 trillion at 30 Jun 2026.
A bank's loan-to-deposit ratio sets what it has lent, net of the allowance for credit losses, against the deposits its customers keep with it. The First Abu Dhabi Bank financial statements page sets out total liabilities and the annual balance sheets.
Why did First Abu Dhabi Bank's total assets at 31 Dec 2025 change in its H1 2026 statements?
First Abu Dhabi Bank's H1 2026 interim financial statements, approved on 22 Jul 2026, show total assets of AED 1,376,862 million at 31 Dec 2025. Its FY2025 annual statements, approved on 27 Jan 2026, showed AED 1,403,864 million. Total liabilities moved from AED 1,256,979 million to AED 1,229,977 million.
| AED m | Q4 2025at |
|---|---|
| Total assets | 1,376,862 R |
| Total liabilities | 1,229,977 R |
Source: First Abu Dhabi Bank financial statements
- R Restated or reclassified in First Abu Dhabi Bank financial statements approved ; originally reported AED 1,403,864 m in First Abu Dhabi Bank financial statements approved .
- R Restated or reclassified in First Abu Dhabi Bank financial statements approved ; originally reported AED 1,256,979 m in First Abu Dhabi Bank financial statements approved .
Totals may not add up because of rounding.
| AED m | FY2025ended | FY2023ended | FY2022ended | FY2021ended |
|---|---|---|---|---|
| Net interest income | 20,322 1 2 | 18,139 R 1 | 14,217 R 1 | 11,658 1 |
| Non-interest income | 16,353 D | 9,332 R D | 6,623 R D | 10,023 D |
| Diluted EPS (AED) | 1.85 | 1.43 | 1.18 | 1.10 R |
| Diluted shares (m) | 11,048 | 11,041 | 11,041 | 11,040 R |
| Loans, net of allowance | 616,325 3 | 483,954 | 459,593 | 409,590 R |
| Customer deposits | 840,773 3 | 759,863 | 700,573 | 614,670 R |
Source: First Abu Dhabi Bank financial statements
- R Restated or reclassified in First Abu Dhabi Bank financial statements approved ; originally reported AED 18,102 m in First Abu Dhabi Bank financial statements approved .
- R Restated or reclassified in First Abu Dhabi Bank financial statements approved ; originally reported AED 14,386 m in First Abu Dhabi Bank financial statements approved .
- D Combined from line items reported in the same filing (see Methodology).
- R Restated or reclassified in First Abu Dhabi Bank financial statements approved ; originally reported AED 9,370 m in First Abu Dhabi Bank financial statements approved .
- R Restated or reclassified in First Abu Dhabi Bank financial statements approved ; originally reported AED 6,454 m in First Abu Dhabi Bank financial statements approved .
- R Restated or reclassified in First Abu Dhabi Bank financial statements approved ; originally reported AED 1.12 in First Abu Dhabi Bank financial statements approved .
- R Restated or reclassified in First Abu Dhabi Bank financial statements approved ; originally reported 10,913 m shares in First Abu Dhabi Bank financial statements approved .
- R Restated or reclassified in First Abu Dhabi Bank financial statements approved ; originally reported AED 410,155 m in First Abu Dhabi Bank financial statements approved .
- R Restated or reclassified in First Abu Dhabi Bank financial statements approved ; originally reported AED 614,459 m in First Abu Dhabi Bank financial statements approved .
1 The bank's own subtotal, which includes net income from Islamic financing; its statements also print a separate, lower line named net interest income.
2 Q3 2025, Q4 2025 and FY2025 are on the presentation used before the H1 2026 statements moved hedging costs on foreign exchange swaps out of net interest income.
3 As presented in First Abu Dhabi Bank financial statements approved .
The H1 2026 statements say accrued interest on derivatives now sits within derivative assets and derivative liabilities. It used to sit in other assets and other liabilities. They describe the change as one of classification within the balance sheet, with no effect on how derivatives are measured. Both December 2025 figures carry the R marker, and a footnote gives the amount first reported.
Two earlier changes moved amounts between net interest income and non-interest income. The FY2024 statements show 2023 net interest income of AED 18,139 million, where the FY2023 statements had AED 18,102 million. The FY2023 statements show 2022 net interest income of AED 14,217 million, against AED 14,386 million first reported. Non-interest income moved the other way in each year, so operating income did not change.
The FY2022 statements restated 2021 diluted earnings to AED 1.10 per share from AED 1.12 per share. They adjusted the weighted share count to 11,040 million shares from 10,913 million shares for a scrip dividend.
The FY2022 statements also restated 2021 net loans to AED 409,590 million from AED 410,155 million. Customer deposits changed to AED 614,670 million from AED 614,459 million. The restatement followed the purchase price allocation for the April 2021 acquisition of Bank Audi in Egypt.
We use the latest figure for each period, as our rules for restated figures set out. The Emirates NBD stock fundamentals page covers another UAE-listed bank that reports in dirhams.
How we got these numbers
Every figure comes from First Abu Dhabi Bank's published financial statements. Derived values are marked D and explained below.
Full method for this page
- Source documents
- Interim and annual financial statements (FY2021 to Q2 2026)
- Period covered
- 8 quarters and 5 fiscal years
- Calculations
- TTM = sum of the last 4 quarters. Q4 = fiscal year minus the nine-month YTD. Operating income = net interest income + non-interest income. Cost-to-income = operating expenses ÷ operating income (our calculation). CAGR = compound annual growth over three fiscal years.
- Restatements
- FY2022 net interest income, an input of the fundamentals profile, was restated or reclassified in First Abu Dhabi Bank financial statements approved (originally AED 14,386 m). Restated or reclassified figures carry the R marker; its footnote gives the originally reported value.
- Comparator
- Each profile row compares the current value with First Abu Dhabi Bank's own last five fiscal years, FY2021 to FY2025: the median of those five years and their range, from the lowest to the highest. A current value outside that range is drawn just past the end of the strip. Fewer than 5 covered peers exist, so there is no sector median yet.
- Currency
- As reported (AED); no FX conversion.
- Re-keying
- Figures keyed from the issuer's published statements (PDF) with our entry tool, then checked by code against the PDF's own text (the figure on its cited page, in the row with its printed label) and by our fact-check step. The column and the sign are recorded, and lists any mismatch for review.
Latest filings and disclosures
The financial statements behind First Abu Dhabi Bank's figures, newest first.
(opens in new tab)- Issuer statement First Abu Dhabi Bank interim financial statements, H1 2026 bankfab.com
- Issuer statement First Abu Dhabi Bank interim financial statements, Q1 2026 bankfab.com
- Issuer statement First Abu Dhabi Bank annual financial statements, FY2025 bankfab.com
- Issuer statement First Abu Dhabi Bank interim financial statements, M9 2025 bankfab.com
- Issuer statement First Abu Dhabi Bank annual financial statements, FY2024 bankfab.com
- Issuer statement First Abu Dhabi Bank annual financial statements, FY2023 bankfab.com
- Issuer statement First Abu Dhabi Bank annual financial statements, FY2022 bankfab.com
- Issuer statement First Abu Dhabi Bank annual financial statements, FY2021 bankfab.com
Company identifiers
- Legal name
- First Abu Dhabi Bank P.J.S.C.
- Exchange
- ADX
- Ticker
- FAB
- Sector
- Financials
- Country
- United Arab Emirates
- Fiscal year end
- 31 December
- Reporting currency
- AED
- Accounting standard
- IFRS
- Latest filing in this page's data
- First Abu Dhabi Bank interim financial statements, H1 2026 · approved
- Investor relations
- bankfab.com
Sources and data
Figures are as reported in the filings below. Derived figures are our calculations (see Methodology).
(opens in new tab)- [1] Issuer statement First Abu Dhabi Bank interim financial statements, H1 2026
- [2] Issuer statement First Abu Dhabi Bank interim financial statements, Q1 2026
- [3] Issuer statement First Abu Dhabi Bank annual financial statements, FY2025
- [4] Issuer statement First Abu Dhabi Bank interim financial statements, M9 2025
- [5] Issuer statement First Abu Dhabi Bank annual financial statements, FY2024
- [6] Issuer statement First Abu Dhabi Bank annual financial statements, FY2023
- [7] Issuer statement First Abu Dhabi Bank annual financial statements, FY2022
- [8] Issuer statement First Abu Dhabi Bank annual financial statements, FY2021
- [9] Our dataset Keyed from First Abu Dhabi Bank's Q2 2026 financial statements (PDF) and checked by code against the PDF's text; signed off on .
Cite this page
StockFactsheet (2026). "First Abu Dhabi Bank (ADX: FAB) stock fundamentals." Signed off by OffScriptBySami. Updated ; data as of . https://stockfactsheet.com/stocks/fab-adx/
For information only. StockFactsheet does not recommend buying, selling or holding any security. Figures can contain errors; always check the original filings. Full disclaimer
Update history
- Published First published version.