Slide 1: Results Presentation Full Year 2025
Results Presentation Full Year 2025 26th January 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 FY'25 Results
2 Executive summary FY’25 Results Key metrics and guidance AED 34.3bn operating 12% higher income yoy profit driven by double Income Profit propelled by record loan Profit growth, resilient margins digit income growth with before tax positive jaws and strong non-funded income 49.3bn 29.8bn 24.0bn +1
Slide 4: Sustained profit growth while delivering strong return profile
3 Sustained profit growth while delivering strong return profile Return on Tangible Equity 20% 18% 19% 20% *17% 10% 13% 17% 24% 22% 19% Net Profit CAGR (2015-2025): 13% Total Income CAGR (2015-2025): 12% ROTE 10-year average : 18% 49.3 43.0 44.1 32.5 23.2 23.8 23.0 24.0 22.4 21.5 17.4 15.2 14.7 15.4
Slide 5: Record financial growth and well-positioned for the future
4 Record financial growth and well-positioned for the future 2025 Key Achievements 2026 Strategic Focus AED 29.8bn record profit before tax Six Strategic Pillars Maintain home market leadership across key products & segments 24% record gross loan growth driven by Continue enhancing product suite and
Slide 6: Record AED 29.8bn profit before tax, up 10% yoy
5 Record AED 29.8bn profit before tax, up 10% yoy, driven by record balance sheet growth and resilient margins Income statement FY’25 FY’24 %∆ YoY Q4-25 %∆ YoY (AED bn) • Income grew by 12% yoy to AED 49.3bn driven by Net interest income 35.5 32.4 10% 9.7 13% o NII up 10% to AED 35.5bn, fueled by re
Slide 7: Margins remain strong supported by improving margins in Türkiye
6 Margins remain strong supported by improving margins in Türkiye Net interest margin (%) • FY’25 NIM of 3.46% within guidance Quarterly NIM • Q4-25 NIM up 15bps to 3.52% supported by improving margins in Türkiye due Ytd NIM 3.65% 3.58% to rate cuts lowering funding costs, offsetting FED rate cuts f
Slide 8: Strong asset growth driving non-funded income growth
7 Strong asset growth driving non-funded income growth Non-funded income • Strong broad-based non-funded income, up AED 2.1 billion (18%) in FY’25 FY’25 FY’24 %∆YoY Q4-25 Q4-24 %∆YoY %∆QoQ (AED m) driven by strong growth across all segments and geographies Fee and commission income 15,738 13,347 18%
Slide 9: Well diversified record loan growth supported by strong deposit growth
8 Well diversified record loan growth supported by strong deposit growth Gross loans by type • Loans up 24% by AED 129 bn in FY’25 on very strong underlying growth (AED bn) 24% – Retail lending up AED 36bn (25%) in FY’25 across all products and geographies 658 – C&IB lending up AED 100bn (42%) in FY
Slide 10: Robust credit quality with solid coverage ratios
9 Robust credit quality with solid coverage ratios Impaired loans and allowances • NPL ratio improved to 2.4% in FY’25, well within guidance of < 3% NPLs 3.3% 3.1% 2.8% 2.5% • 24 bps cost of risk in FY’25, well within guidance of 20-40bps. 2025 continued to 2.4% 100%witness strong recoveries, offset
Slide 11: Cost to income ratio well within guidance
Cost to income ratio well within guidance as spend delivers strong 10 business growth and digital & international investment continues Cost to income ratio (%) • Cost to income ratio at 30.5% for FY’25 comfortably within the guidance of 36.4% ≤33% • Spending on strategic initiatives like digital & i
Slide 12: Funding & liquidity remains very healthy
11 Funding & liquidity remains very healthy Advances to deposit and liquidity coverage ratio (%) • LCR of 152% and ADR of 81% demonstrating healthy liquidity 90 ADR % LCR % • Liquid assets* of AED 125bn cover 12% of total liabilities, 16% of deposits 220 197 184 185 • ENBD issued over AED 33.4bn of
Slide 13: Healthy Common Equity Tier 1 (CET-1) ratio at 14.4%
12 Healthy Common Equity Tier 1 (CET-1) ratio at 14.4% supporting strong asset growth momentum Capital progression • 14.4% CET-1 ratio remains very strong as retained earnings offset 20% growth in (AED bn) 9.0 137.1 RWAs and 100fils proposed dividend 25.6 9.1 119.0 • Credit RWA increase driven by re
Slide 14: Divisional performance
13 Divisional performance Operating Segment Metrics FY'25 FY'24 %∆ YoY Retail Banking and Wealth Management delivered a record-breaking performance in 2025, with Income 19,749 17,767 11% highest ever revenue, strongest-ever acquisition of loans and record CASA growth Expense 5,785 5,306 9% – Highest
Slide 15: Appendix
14 Appendix
Slide 16: Financial results FY'25
15 Financial results FY’25 Excluding DenizBank Income statement FY’25 FY’24 %∆ YoY Q4-25 %∆ QoQ FY’25 FY’24 %∆ YoY Q4-25 %∆ QoQ FY’25 FY’24 %∆ YoY Q4-25 %∆ QoQ ( AED bn) Net interest income 35.5 32.4 10% 9.7 8% 25.6 25.3 1% 6.6 2% 9.9 7.1 39% 3.1 24% Non-funded income 13.8 11.7 18% 2.9 (22)% 9.9 7.8
Slide 17: US $ convenience translation
16 US $ convenience translation Excluding DenizBank Income statement FY’25 FY’24 %∆ YoY Q4-25 %∆ QoQ FY’25 FY’24 %∆ YoY Q4-25 %∆ QoQ FY’25 FY’24 %∆ YoY Q4-25 %∆ QoQ ( USD bn) Net interest income 9.7 8.8 10% 2.6 8% 7.0 6.9 1% 1.8 2% 2.7 1.9 39% 0.8 24% Non-funded income 3.8 3.2 18% 0.8 (22)% 2.7 2.1
Slide 18: DenizBank profitability walk
17 Hyperinflation 211% 31% DenizBank profitability walk 2.8 72% (0.5) 0.2 3.3 2.9 3,514 3,367 (2.0) 3,132 2,955 2,685 2,526 2,319 2,139 1,859 1,691 1.5 1,352 1,270 1,128 (1.8) Dec-24 Dec-22 Dec-23 Dec-25 Jun-23 Jun-24 Jun-25 Sep-24 Sep-25 Mar-23 Sep-23 Mar-24 Mar-25 Profit before tax Income Expenses
Slide 19: Thank You
Thank You For additional information: IR@emiratesnbd.com www.emiratesnbd.com/en/investor-relations