Emirates Nbd Bank (p.j.s.c) · DFM:EMIRATESNBD
Emirates Nbd Bank (p.j.s.c) — Emirates NBD — H1 2026 Earnings Presentation
18 slides from Emirates Nbd Bank (p.j.s.c)'s earnings presentation, Jul 23, 2026
Slide 1: Results Presentation First Half 2026
Results Presentation First Half 2026 23rd July 2026
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 H1-26 Results
2 Executive summary H1-26 Results Key metrics and guidance* 16% higher income yoy AED 19.5bn operating Income Profit profit driven by double Profit propelled by strong loan before tax growth, resilient margins digit income growth with positive jaws and robust non-funded income growth 27.9bn 16.2bn 1
Slide 4: AED 16.2bn profit before tax, up 5% yoy, driven by strong balance sheet growth
3 AED 16.2bn profit before tax, up 5% yoy, driven by strong balance sheet growth, resilient margins and robust NFI growth Income statement H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ (AED bn) • Income grew 16% yoy to AED 27.9bn driven by Net interest income 19.0 16.8 13% 9.5 1% o NII up 13% yoy to AED 19bn, fue
Slide 5: Margins remain resilient driven by strong balance sheet navigating competitive pricing
4 Margins remain resilient driven by strong balance sheet navigating competitive pricing Net interest margin (%) • H1-26 NIM at 3.25% well within guidance Quarterly NIM Ytd NIM • ENBD (ex. Deniz) NIMs remained resilient at 2.61% in H1’26, declining qoq due to continued flow through impact of rate cu
Slide 6: Strong growth across products and segments driving robust non-funded income growth
5 Strong growth across products and segments driving robust non- funded income growth Non-funded income • Strong broad-based non-funded income, up 25% yoy in H1-26 driven by H1-26 H1-25 %∆YoY Q2-26 %∆QoQ (AED mn) strong growth across all segments and diversified product offerings Fee and commission
Slide 7: Well diversified loan growth supported by strong deposit growth
6 Well diversified loan growth supported by strong deposit growth, further boosted by consolidation of RBL • Loans up 17% by AED 114bn in H1-26 on very strong underlying growth Gross loans by type 17% (AED bn) – Retail lending up AED 17bn (9%) in H1-26 with AED 38bn of new originations (11% ex.RBL)
Slide 8: Robust credit quality with solid coverage ratios
7 Robust credit quality with solid coverage ratios • NPL ratio improved to 2.1% in Q2-26, well within guidance of c. 2.5% Impaired loans and allowances • Impairment allowance of AED 1.4bn, primarily driven by prudent provisioning NPLs 2.8% 2.5% 2.4% 2.3% 2.1% across Denizbank and Emirates NBD, parti
Slide 9: Cost to income ratio well within guidance as investments in digital & international network
Cost to income ratio well within guidance as investments in digital & 8 international network delivering strong business & income growth Cost to income ratio (%) • H1-2026 cost to income ratio at 29.9%, comfortably within the guidance of ≤33% 33.0% • The increase in staff costs in first half of the
Slide 10: Funding & liquidity are key strengths of the Group
9 Funding & liquidity are key strengths of the Group • LCR of 135% and ADR of 84% demonstrating robust liquidity, even post-RBL Advances to deposit and liquidity coverage ratio (%) • Liquid assets * of AED 121.1bn cover 10% of total liabilities and 14% of total deposits ADR % LCR % • Emirates NBD is
Slide 11: Common Equity Tier 1 (CET-1) ratio at 13.6% remains healthy post-RBL
10 Common Equity Tier 1 (CET-1) ratio at 13.6% remains healthy post-RBL • CET-1 ratio at 13.6% remains strong post RBL consolidation, with the overall effect Capital progression aligning with anticipated outcomes (AED bn) 11.1 152.7 • Strong retained earnings in Q2-26 partially offset by 11% growth
Slide 12: Divisional performance
11 Divisional performance Operating Segment Metrics H1-26 H1-25 %∆ YoY Retail Banking and Wealth Management delivered highest-ever operating profit of AED 7.5bn, driven by record H1 income and cost discipline Income 10,491 9,594 9% – Income growth of 9% yoy, supported by strong wealth management per
Slide 13: Appendix
Proud of UAE SllLovl guygrs6 Appendix
Slide 14: Financial results H1-26
13 Financial results H1-26 Excluding DenizBank Income statement H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ ( AED bn) Net interest income 19.0 16.8 13% 9.5 1% 13.1 12.5 5% 6.6 - 5.9 4.3 38% 3.0 1% Non-funded income 8.9 7.1 25% 4.0 (18)% 7.0 5.0 39%
Slide 15: US $ convenience translation
14 US $ convenience translation Excluding DenizBank Income statement H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ H1-26 H1-25 %∆ YoY Q2-26 %∆ QoQ ( USD bn) Net interest income 5.2 4.6 13% 2.6 1% 3.6 3.4 5% 1.8 - 1.6 1.2 38% 0.8 1% Non-funded income 2.4 1.9 25% 1.1 (18)% 1.9 1.4 39
Slide 16: DenizBank profitability walk
15 Hyperinflation 206% DenizBank profitability walk 121 130 1.4 106 110 93 98 79 84 67 73 (0.7) 53 58 42 1.4 QoQ% 6% 25% 10% 15% 8% 9% 6% 10% 6% 8% 4% 10% 7% (0.7) 1.1 YoY% 38% 62% 65% 68% 72% 49% 44% 38% 35% 33% 31% 31% 32% (0.4) Dec-23 Dec-24 Dec-25 Jun-23 Jun-24 Sep-23 Mar-24 Mar-25 Jun-25 Sep-25
Slide 17: RBL Bank
16 RBL Bank IFRS Local GAAP Income statement Jun’26* RBL Business Overview H1-26 H1-25 (AED mn)** (18th to 30th) • RBL Bank is one of India’s leading listed private sector banks, providing a Net interest income 74 1,314 1,299 comprehensive suite of banking products and services across retail and Non
Slide 18: Thank You
Thank You For additional information: IR@emiratesnbd.com www.emiratesnbd.com/en/investor-relations