Abu Dhabi Islamic Bank · ADX:ADIB
Abu Dhabi Islamic Bank — Q1 2025 Earnings Presentation
28 slides from Abu Dhabi Islamic Bank's earnings presentation, Apr 24, 2025
Slide 1: 1Q 2025 Earnings Presentation
ADIB IR Website 1Q 2025 Earnings Presentation Analyst & Investor Conference Call IR App Download link: Abu Dhabi, 24 April 2025
Slide 2: Contents
Contents 1Q 2025 Earnings Presentation Key Highlights Financial Performance Questions & Answers Appendix Contacts Disclaimer 2
Slide 3: Key Highlights
1 2 Key Highlights 3 4 5 1Q 2025 Earnings Presentation 6 3
Slide 4: Financial highlights
Financial highlights A record-breaking start to 2025 driven by strategic execution and strong client activity 1Q’25 Net Income growth YoY Record 1Q 2025 performance with net income before tax of AED 1.9bn up 18% YoY and up 18% compared to Q4 2024 driven by accelerated revenue momentum, translating t
Slide 5: Outlook and Guidance
Outlook and Guidance UAE economic resilience, the solid financial & strategic foundations drive promising outlook for the rest of 2025 Market Outlook Management Guidance 1Q 2025 Actual FY 2025 Guidance Resilient growth reflecting strong momentum in non-oil sector Gross Financing Growth Real GDP grow
Slide 6: Financial Performance
1 2 Financial Performance 3 4 5 1Q 2025 Earnings Presentation 6 6
Slide 7: Financial Performance Highlights
Financial Performance Highlights Record profitability in 1Q 2025 driven by growth across core businesses in line with strategy to increase market share Strong YoY Growth in Profitability Robust Balance Sheet Growth YoY Strong Capital Position and Return YoY 1.9bn 244bn 16.2% Net Income before tax To
Slide 8: Key financial metrics – 1Q 2025 vs 1Q 2024
Key financial metrics – 1Q 2025 vs 1Q 2024 Record set of results with ROE reaching 28.8% driven strong commercial momentum, diversified revenue streams and cost discipline 1Q 2024 1Q 2025 1Q 2025 vs 1Q 2024 Amount % Profitability (AED mn) Revenue 2,517 2,871 354 14% Expenses -765 -830 -64 8% Margin
Slide 9: Income Statement
Income Statement Strong YoY net income growth of 18% driven by strong revenue momentum, revenue diversification and balance sheet growth Net Income (AEDmn) Net Income before Tax Movement YoY (AEDmn) 1,936 +18% 1,777 1,804 293 4 1,936 1,643 1,645 1,643 61 1,710 -64 1,578 1,605 1,451 1,467 Net income
Slide 10: Funded Income
Funded Income Stabilized margins, strong volume growth and disciplined balance sheet management, drove a 4% increase in funded income Net Profit Margin (%) Net Profit Margin Movement YoY (%) 7.41% 7.47% 7.40% 7.37% 7.37% -37bps 4.67% 0.11% 4.60% 4.46% 4.35% 4.31% 0.05% 4.31% 4.67% -0.05% -0.33% 2.49
Slide 11: Non-Funded Income
Non-Funded Income Exceptional non-funded income growth, reflecting our strategic focus on revenue diversification across F&C, FX and investment income streams Non-Funded Income (AEDmn) Non-Funded Income Movement YoY (AEDmn) +35% +35% 1,201 1,120 65 1,120 1,064 115 974 827 126 -13 827 1Q 24 2Q 24 3Q
Slide 12: Operating Expenses
Operating Expenses Despite ongoing investment in growth initiatives, we delivered a 151bps YoY improvement in Cost/Income ratio Cost To Income Ratio (%) Expenses Movement YoY (AEDmn) -151bps +8% 36 23 5 830 30.4% 28.6% 29.1% 29.6% 28.9% 765 1Q 24 1H 24 9M 24 FY 24 1Q 25 Expenses Employee costs Gener
Slide 13: Provisions
Provisions Cost of risk at a historical low, reflecting disciplined risk management and strong asset quality Provisions Movement YoY (AEDmn) -3% 44 109 106 -20 -3 -25 Provisions Retail Wholesale Associates and subs Others Provisions 1Q 24 1Q 25 +67% -67% -6% +90% Cost Of Risk (%) Impairments Composi
Slide 14: Non-Performing Financing
Non-Performing Financing Asset quality continues to improve with NPA ratio of 3.7% lowest since 4Q 16 accompanied by a record-high coverage ratio NPA (AEDmn) NPA Movement YoY (AEDmn) -13% -13% 6,625 6,384 6,625 6,116 5,941 5,753 5,753 -219 -653 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 NPA Individual Non-indivi
Slide 15: Balance Sheet
Balance Sheet Exceptional asset growth fueled by 28% growth in customer financing supported by strong and diversified funding position Total Assets (AEDbn) Total Assets Movement YoY (AEDbn) 243.5 222.6 225.9 213.4 194.6 +25% 33.2 5.9 1.6 243.5 194.6 1.5 6.7 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 Total assets
Slide 16: Customer Financing
Customer Financing AED 33 billion increase in financing in the past 12 months with RBG experiencing a strong momentum Customer Financing, Net (AEDbn) Customer Financing, Customer Financing, Gross Movement YoY (AEDbn) 150.1 Gross by Segment (%) 142.6 +27% 135.1 Other Private 18.3 9.7 2.6 1.9 0.6 154.
Slide 17: Investments
Investments Investment Portfolio grew 22% vs 1Q 24 with 84% accounted for at amortized cost Investments (AEDbn) Investments Movement YoY (AEDbn) 32.2 28.8 29.3 +22% 26.3 27.2 6.2 32.2 26.3 -0.3 -0.0 1Q 24 2Q 24 3Q 24 4Q 24 1Q 25 Investments Investments carried Investments carried Investments carried
Slide 18: Customer Deposits
Customer Deposits Substantial increase in customer deposits with ADIB attracting AED 15.3bn of CASA deposits contributing to a healthy funding mix Total Deposits (AEDbn) Total Deposits Movement YoY (AEDbn) 200.1 +25% 179.7 182.7 172.2 5.8 1.1 4.7 200.1 14.7 1.9 11.6 160.3 160.3 1Q 24 2Q 24 3Q 24 4Q
Slide 19: Capital and Liquidity
Capital and Liquidity Robust fundamentals across all key metrics reflecting strong capital and liquidity ratios comfortably above regulatory requirements Capitalization Ratios (%) Liquidity Ratios (%) 79.5% 81.0% 78.9% 76.6% 76.9% 17.2% 17.2% 17.6% 16.2% 16.2% 76.7% 75.2% 78.1% 75.0% 73.0% 16.0% 16.
Slide 20: Questions & Answers
1 2 3 Questions & Answers 4 5 1Q 2025 Earnings Presentation 6 20
Slide 21: Appendix
1 2 3 Appendix 4 5 1Q 2025 Earnings Presentation 6 21
Slide 22: Investment Highlights
Investment Highlights Strong Management, Solid Fundamentals and Clear Strategy Clear Strategy Experienced management Strengthen Islamic leadership position Deepening customer relationships 1 2 Best in class management team Extensive banking experience with Create productivity and efficienc
Slide 23: Consistent dividend distribution
Consistent dividend distribution ADIB consistently distribute dividends with average yield of above 5% Shareholder Return Metrics 19 18 17 12% * 16 16.04 15 9.9% 14 10% 13 12 8.0% 8% 7.6% 11 7.0% 7.1% Share Price 10 6.2% 6.5% 9 6.0% 8 6% 5.1% 5.4% Dividend Yield 7 4.4% 4.5% 6 4.1% 5 4% 4 3 2 2.49 2%
Slide 24: Ratings and Accolades
Ratings and Accolades ADIB's recognition for excellence in Islamic banking Credit Ratings ADIB's MSCI ESG Rating Recent Accolades A2 #1 Stable Outlook #1 Market leader in Islamic Retail digital bank MSCI Rating Distribution 25% 24% 25% A+ 16% Stable Outlook 6% 2% #1 #1 1% Bank in the UAE Safest Isla
Slide 25: Contacts
1 2 3 Contacts 4 5 1Q 2025 Earnings Presentation 6 25
Slide 26: Additional Information
Additional Information Please contact the Investor Relations team for additional information or download ADIB's IR App ADIB Investor Relations Contact ADIB Investor Relations App Mrs. Lamia Khaled Hariz Head of Public Affairs and Investor Relations E: Lamia.Hariz@adib.com T: +917 2 634 3000 M: +971
Slide 27: Disclaimer
1 2 3 Disclaimer 4 5 1Q 2025 Earnings Presentation 6 27
Slide 28: Disclaimer
Disclaimer The information contained herein has been prepared by Abu Dhabi Islamic Bank PJSC (ADIB). ADIB relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. This presentation has been prepared for information purposes only and is
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