First Abu Dhabi Bank · ADX:FAB
First Abu Dhabi Bank — Q4 2025 Earnings Presentation
28 slides from First Abu Dhabi Bank's earnings presentation, Jan 28, 2026
Slide 1: Q4/FY'25 Earnings Presentation
Q4/FY’25 Earnings Presentation 28th January 2026
Slide 2: Disclaimer
Disclaimer The information contained herein has been prepared by First Abu Dhabi Bank P.J.S.C ("FAB"). The information contained in this presentation may not have been reviewed or reported on by the Group's auditors. FAB relies on information obtained from sources believed to be reliable but does no
Slide 3: Opening remarks
HEADLINE Opening remarks
Slide 4: FY'25 key highlights
FY’25 key highlights • FY’25 Net Profit at AED 21.11bn (+24% yoy), Revenue at AED 36.68bn (+16% yoy), reflecting multiple years of consistent progress in building scale, resilience, and long-term value. • Operating performance driven by strong business momentum, resilient margins, diversified income
Slide 5: Sustained profit growth driving higher shareholder returns
Sustained profit growth driving higher shareholder returns 21.11 (AED bn) 17.05 16.40 13.41 12.53 7.84 8.29 8.84 36bn Net profit 5.75 5.35 Cumulative cash dividends over Cash 2021-2025 Dividends 2021 2022 2023 2024 2025 Cash DPS (AED) 0.49 0.52 0.71 0.75 0.801 EPS (AED) 1.10 1.18 1.43 1.48 1.85 1. P
Slide 6: Exceeded all FY'25 financial guidance metrics
Exceeded all FY’25 financial guidance metrics 2025 guidance FY’25 actuals Producing resilient returns, through the cycle Scale Loan growth Low double-digit +17% ✓ 19.2% 17.6% Cost of Risk < 75bps 57bps ✓ 16.8% Asset 16.2% 16.1% 15.7% Quality 15.1% Provision Coverage Ratio > 90% 108% ✓ 14.6% 13.0% Ro
Slide 7: Disciplined execution driving increased franchise sophistication
Disciplined execution driving increased franchise sophistication Broad-based franchise growth Regional leadership with Accelerating AI adoption journey, Operating from a position driven by client-centric solutions global connectivity unlocking measurable value of strength • Double-digit revenue grow
Slide 8: Financial review
HEADLINE Financial review
Slide 9: FY'25 net profit up 24% yoy, Group RoTE at 19.2%
FY’25 net profit up 24% yoy, Group RoTE at 19.2% Income Statement – Summary (AED mn) FY'25 FY'24 yoy % PBT at AED 25.20bn, +27% yoy and NPAT at AED 21.11bn, Net interest Income 20,322 19,612 4 +24% yoy, driven by broad-based revenue momentum across Non-interest Income 16,353 12,013 36 the franch
Slide 10: Q4'25 net profit up 22% driven by diversified revenues
Q4’25 net profit up 22% driven by diversified revenues Income Statement – Summary (AED mn) Q4'25 Q3’25 qoq % Q4’24 yoy % PBT at AED 5.95bn, +28% yoy driven by diversified revenue Net interest Income 5,040 5,193 (3) 4,936 2 momentum across the franchise. -7% qoq largely reflects higher impairments an
Slide 11: Delivering broad-based growth across the franchise
Delivering broad-based growth across the franchise By division,... Personal, Business, Wealth & Privileged Investment Banking & Markets (AED bn) Wholesale Banking (AED bn) Client Banking Group (AED bn) ↑ 16% yoy ↑ 11% yoy 12.7 ↑ 10% yoy 11.8 11.5 10.1 6.4 5.8 FY'24 FY'25 FY'24 FY'25 FY'24 FY'25 …geo
Slide 12: NII up 4% yoy on higher volumes and resilient margins
NII up 4% yoy on higher volumes and resilient margins 1.97 1.93 1.93 Resilient NII performance supported by strong Group 1.85 1.82 1.84 NIM (%) 1.75 volume growth. Net Interest Margin (NIM) was 1.84% over FY’25, 9bps lower yoy due to impact of lower benchmark qoq ↓3%, yoy ↑2% yoy ↑4% rates. 20,322 Q
Slide 13: NFI up 36% yoy, reflecting more diversified, capital-light profile
NFI up 36% yoy, reflecting more diversified, capital-light profile Non-Interest Income trend1 (AED bn) FX and Other Investment Income, net (AED mn) qoq ↓9%, yoy ↑42% yoy ↑40% As % Operating Income 10,101 32% 34% 38% 45% 7,231 3,768 2,584 2,709 2,464 AED 16.4bn 2,344 2,510 1,733 905 3,542 736 1,019 1
Slide 14: Cost discipline amid continued AI-led transformation
Cost discipline amid continued AI-led transformation Opex drivers (AED mn) Cost-to-Income Ratio yoy ↑5% 22.4% (FY’24: 24.6%) Operating expenses at AED 8.20bn, up 5% yoy reflecting cost discipline and efficiency gains from continued technology and AI investments. +298 +207 The increase in staff costs
Slide 15: Strong balance sheet momentum, at scale
Strong balance sheet momentum, at scale Movements in Gross Loans by Counterparty (AED bn) Movements in Customer Deposits by Counterparty (AED bn) +86 +15 +2 +4 (11) +29 (34) 841 +40 +9 +1 633 782 551 +82bn +58bn ↑ 15% yoy ↑ 7% yoy 1 Dec'24 Corp/ Personal/ GREs Govt Banks Dec'25 Dec'24 Corp/Pvt Perso
Slide 16: Sustained improvement in asset quality
Sustained improvement in asset quality Impairment charges, net (AED mn) & CoR1 (bps) NPLs2 and ECLs3 (%) CoR (L&A) (bps) Provision Coverage (%) NPL Ratio (%) 84 108 100 106 75 96 98 63 57 61 51 51 3.4 3.3 yoy ↓17% 2.8 2.6 qoq ↑12%, yoy ↓13% 2.2 3,924 NPLs (AED bn) Provisions (AED bn) 18.5 17.7 18.3
Slide 17: Healthy capital generation enabling efficient allocation
Healthy capital generation enabling efficient allocation CET1 Ratio progression CET1, Tier 1 and CAR trends (%) Proposed Cash DPS: 17.5% 80 fils CAR 17.2% +330bps 16.9% 16.8% 16.9% AED 8.84bn 14.5% (195)bps (54)bps 1.2% 15.4% 15.2% 13.7% 13.3% Tier 1 15.1% 14.9% 15.2% 13.7% 13.5% 13.7% 13.4% 13.3% C
Slide 18: Outlook
HEADLINE Outlook
Slide 19: 2026 macro-outlook
2026 macro-outlook Oil price (average) c. USD 60/b UAE real GDP growth c. 5.6% (2025e: 5.2%) Interest rates Up to 50bps Fed rate cuts 19 | Q4/FY’25 Earnings Presentation
Slide 20: 2026 financial guidance
2026 financial guidance FY’25 actuals 2026 guidance Scale Loan growth +17% Low- to mid- teens Cost of Risk 57bps < 70bps Asset Quality Provision 108% > 90% Coverage Ratio RoTE 19.2% > 16% Profitability & Capital CET1 14.5% > 13.5% (pre-dividend) 20 | Q4/FY’25 Earnings Presentation
Slide 21: Wrap-up
Wrap-up • FY’25 Net Profit at AED 21.11bn (+24% yoy), Revenue at AED 36.68bn (+16% yoy), reflecting multiple years of consistent progress in building scale, resilience, and long-term value. • Operating performance driven by strong business momentum, resilient margins, diversified income streams, cos
Slide 22: Appendix – Q4/FY'25 results
HEADLINE Appendix – Q4/FY’25 results
Slide 23: Segmental overview
Segmental overview Personal, Business, Wealth & Privileged Client Banking Investment Banking & Markets (IB&M) Wholesale Banking (WB) Group (PBW&PCBG) P&L Summary P&L Summary P&L Summary FY'25 FY’24 yoy % FY'25 FY’24 yoy % FY'25 FY’24 yoy % (AED mn) (AED mn) (AED mn) Net interest Income 5,705 5,628 1
Slide 24: FY'25 highlights – Group financials (USD)
FY’25 highlights – Group financials (USD) Income Statement - Summary (USD mn) Q4’25 Q3’25 qoq % Q4’24 yoy % FY’25 FY’24 yoy % Net interest Income 1,372 1,414 (3) 1,344 2 5,533 5,340 4 Non-interest Income 1,085 1,130 (4) 753 44 4,452 3,271 36 Operating Income 2,457 2,544 (3) 2,097 17 9,985 8,610 16 O
Slide 25: A well-diversified, high-quality loan book
A well-diversified, high-quality loan book Gross loans trend (AED bn) Net loans by geographies (%) qoq ↑3%, yoy ↑15% UAE 77% GCC 7% Gross Islamic financing 614 633 Dec’25 571 588 616 551 MENA (ex-GCC) 5% Asia 4% (AED bn) 53.8 Europe 6% 42.6 42.6 45.8 49.4 Americas 1% Dec'24 Mar'25 Jun'25 Sep'25 Dec'
Slide 26: Strong and diversified liquidity profile
Strong and diversified liquidity profile Customer deposits trend (AED bn) Customer deposits by geography (%) qoq ↓1%, yoy ↑7% GCC 2% UAE 75% 841 Dec’25 MENA (ex-GCC) 3% 848 841 782 839 813 Asia 4% (AED bn) Europe 11% 360 46% 376 45% 401 49% 369 44% 392 47% CASA Americas 6% Dec'24 Mar'25 Jun'25 Sep'2
Slide 27: High-quality and diversified investment portfolio
High-quality and diversified investment portfolio Investments by type Investments by ratings Dec’25 Dec’25 Dec’24 Dec’25 Dec’25 Dec’24 AED 269bn AED 269bn FVTPL - Debt 24% 20% AAA 16% 11% AA 38% 41% Dec’24 FVTPL - Equity & Funds 3% 2% Dec’24 AED 248bn A 14% 20% AED 248bn Amortised Cost (Debt Inv) 2%
Slide 28: For more information, please visit
For more information, please visit www.bankfab.com or contactFAB Investor Relationsteam at ir@bankfab.com You can also download FAB’s Investor Relations App from App Store / Google Play to access latest corporateupdates