Emirates Nbd Bank (p.j.s.c) · DFM:EMIRATESNBD
Emirates Nbd Bank (p.j.s.c) — Emirates NBD — Q3 2025 Earnings Presentation
17 slides from Emirates Nbd Bank (p.j.s.c)'s earnings presentation, Oct 23, 2025
Slide 1: Results Presentation Third Quarter 2025
Results Presentation Third Quarter 2025 23rd October 2025
Slide 2: Important Information
1 Important Information Disclaimer The material in this presentation is general background information about That could cause actual results, and the Group’s plans and objectives, Emirates NBD's activities current at the date of the presentation. It is information to differ materially from those exp
Slide 3: Executive summary 9M'25 Results Key metrics and guidance
2 Executive summary 9M’25 Results Key metrics and guidance AED 25.5bn operating 12% higher income yoy profit on higher volumes, Income Profit propelled by record loan Profit growth and healthy despite lower interest before tax deposit mix rates 36.7bn 23.4bn 19.0bn +6% qoq +4% qoq +2% qoq +12% yoy +
Slide 4: 10% rise in operating profit to AED 25.5bn driven by record loan growth
3 10% rise in operating profit to AED 25.5bn driven by record loan growth and healthy deposit mix Income statement 9M’25 9M’24 %∆ YoY Q3-25 %∆ YoY %∆ QoQ (AED bn) • Income grew by 12% yoy to AED 36.7bn driven by Net interest income 25.8 23.8 8% 9.0 6% 7% o NII growth of 8% to AED 25.8bn, fueled by r
Slide 5: Continued strong margins tracking to guidance
4 Continued strong margins tracking to guidance Net interest margin (%) • 9M’25 NIM of 3.43% within guidance Quarterly NIM • Q3-25 NIM up 1bp to 3.37% supported by improving margins in Türkiye due to Ytd NIM rate cuts lowering funding costs, offsetting FED rate cuts flow through impact 3.75% 3.65% 3
Slide 6: Strong client flows driving non-funded income growth
5 Strong client flows driving non-funded income growth Non-funded income • Strong broad-based non-funded income, up AED 1.8 billion (20%) in 9M’25 9M’25 9M’24 %∆YoY Q3-25 Q3-24 %∆YoY %∆QoQ (AED m) driven by strong growth across all segments and geographies Fee and commission income 11,591 9,784 18%
Slide 7: Record loan growth supported by strong deposit growth
6 Record loan growth supported by strong deposit growth • Loans up 19% by AED 99 bn in 9M’25 on very strong underlying growth Gross loans by type – Retail lending up AED 30bn (20%) in 9M’25 across all products and geographies (AED bn) 19% – C&IB lending up AED 78bn (32%) in 9M’25 with AED 95bn of ne
Slide 8: Robust credit quality with solid coverage ratios
7 Robust credit quality with solid coverage ratios Impaired loans and allowances • NPL ratio improved to 2.5% in 9M’25, well within guidance of < 3% NPLs 3.9% 3.3% 3.1% 2.8% • 9 bps cost of risk credit in 9M’25 on back of continued strong recoveries, more 2.5% 100%than offsetting proactive provision
Slide 9: Cost to income ratio well within guidance as spend delivers strong business growth
Cost to income ratio well within guidance as spend delivers strong 8 business growth and digital & international investment continues Cost to income ratio (%) • Cost to income ratio at 30.5% for 9M’25 comfortably within the guidance of 36.4% ≤33% • Spending on strategic initiatives like digital & in
Slide 10: Funding & liquidity remains very healthy
9 Funding & liquidity remains very healthy Advances to deposit and liquidity coverage ratio (%) • LCR of 149% and ADR of 79% demonstrating healthy liquidity 90 ADR % LCR % • Liquid assets* of AED 117bn cover 12% of total liabilities, 15% of deposits 220 194 197 184 185 • ENBD issued over 17bn of ter
Slide 11: Common equity tier 1 (CET-1) ratio strong at 14.7% supporting asset growth
10 Common equity tier 1 (CET-1) ratio strong at 14.7% supporting asset growth Capital progression • 14.7% CET-1 ratio remains very strong as retained earnings offset 18% ytd growth (AED bn) 8.9 138.2 in RWAs 9.1 20.6 0.6 120.2 • Credit RWA increase driven by record Retail and Corporate loan growth (
Slide 12: Divisional performance
11 Divisional performance Operating Segment Metrics 9M-25 9M-24 %∆ YoY Income 14,648 13,428 9% Retail Banking and Wealth Management continued its excellent performance in 9M’25, delivering record income, strong loan growth and continuing growth in CASA Expense 4,286 3,780 13% – AED 64 bn of new loan
Slide 13: Appendix
12 Appendix
Slide 14: Financial results 9M'25
13 Financial results 9M’25 Excluding DenizBank Income statement 9M’25 9M’24 %∆ YoY Q3-25 %∆ QoQ 9M’25 9M’24 %∆ YoY Q3-25 %∆ QoQ 9M’25 9M’24 %∆ YoY Q3-25 %∆ QoQ ( AED bn) Net interest income 25.8 23.8 8% 9.0 7% 19.0 19.0 - 6.4 3% 6.8 4.8 42% 2.5 20% Non-funded income 10.9 9.0 20% 3.8 2% 7.7 6.0 29% 2
Slide 15: US $ convenience translation
14 US $ convenience translation Excluding DenizBank Income statement 9M’25 9M’24 %∆ YoY Q3-25 %∆ QoQ 9M’25 9M’24 %∆ YoY Q3-25 %∆ QoQ 9M’25 9M’24 %∆ YoY Q3-25 %∆ QoQ ( USD bn) Net interest income 7.0 6.5 8% 2.4 7% 5.2 5.2 - 1.8 3% 1.9 1.3 42% 0.7 20% Non-funded income 3.0 2.5 20% 1.0 2% 2.1 1.6 29% 0
Slide 16: DenizBank profitability walk
15 Hyperinflation 222% 33% DenizBank profitability walk 2.1 72% (0.6) 2.2 0.0 2.1 3,367 3,132 2,955 2,685 (1.6) 2,526 2,319 2,139 1,859 1,691 1,352 1,270 0.9 Sep-22 1,047 1,128 (1.2) Dec-24 Dec-22 Dec-23 Jun-25 Jun-23 Jun-24 Sep-24 Mar-23 Sep-23 Mar-24 Mar-25 Sep-25 Profit before tax Income Expenses
Slide 17: Thank You
Thank You For additional information: IR@emiratesnbd.com www.emiratesnbd.com/en/investor-relations