United Arab Bank · ADX:UAB
United Arab Bank — H1 2025 Earnings Presentation
19 slides from United Arab Bank's earnings presentation, Jul 17, 2025
Slide 1: GROWTH is the new CONSTANT - First Half 2025 Earnings presentation
GROWTH is the new CONSTANT→ First Half 2025 Earnings presentation 17 July 2025
Slide 2: Remarkable performance in H1'25 driven by continued business momentum
Remarkable performance in H1’25 driven by continued business momentum ✓ Delivered strong operational performance across all key areas ✓ Executing on our growth strategy with discipline and precision ✓ Accelerated progress by building on a solid foundation: • Upgrading our technology infrastructure t
Slide 3: H1'25 Net profit grows 50% year-on-year
H1’25 Net profit grows 50% year-on-year H1’25 earnings led by solid asset and revenue Strong asset growth Further improvement in asset quality growth, and strong recoveries Total +21% Gross NPL Assets 24bn yoy ratio 2.2% FY’24 3.9% Net Profit 208mn +50% yoy Loans, advances & Islamic financing Custom
Slide 4: Higher net interest income and strong recoveries lead to double-digit growth in net profits
Higher net interest income and strong recoveries lead to double-digit growth in net profits H1’25 net profit growth driven by higher … coupled with disciplined expense Income statement highlights (in AED Million) revenue growth … management and strong recoveries %chg H1'25 vs H1'24 Q2'25 %chg %chg v
Slide 5: Strong asset growth and focus on non-interest income drive double-digit income growth
Strong asset growth and strategic focus on enhancing non-interest income through cross- sell and FX income, drive double-digit growth in total income Operating income: both, NII and non-interest income recorded double-digit growth in H1’25 yoy NIM increased 6bps ytd and 32bps vs Q1’25 on improvement
Slide 6: Positive jaws ratio in H1'25 drives improvement in cost-income ratio
Positive jaws ratio in H1’25 drives improvement in cost-income ratio; expense growth reflects investment in the business and non-discretionary regulatory driven expenses Efficiently managing expenses and investing across people, products, processes and systems, in line with the medium-term growth st
Slide 7: Strong recoveries and prudent risk management lead to net impairment reversals in H1'25
Strong recoveries and prudent risk management lead to net impairment reversals in H1’25 Firmly focused on ensuring healthy asset quality and implementation of prudent risk management practices, amid strong business growth CoR – ytd (bps) (11) (13) (47) (110) (59) Impairment charges, net CoR - qtr (b
Slide 8: Well-balanced growth in balance sheet with loans and deposits growing in mid-teens ytd
Well-balanced growth in balance sheet with both loans and deposits growing in mid-teens ytd Robust foundation with a solid capital position and adequate liquidity; business pipeline remains robust as Balance Sheet highlights Jun’25 %chg vs %chg vs %chg vs (in AED Billion) Mar’25 Dec’24 Jun’24 we dil
Slide 9: Quality investment portfolio mandated to meet liquidity requirements and enhance yield
Quality investment portfolio mandated to meet liquidity requirements and enhance yield Investments book primarily consist of debt instruments 0.02% (AED Bn) FY'24 H1'25 H1’25 0.02% Debt - Amortised cost 1.7 2.5 38% 28% FY’24 Debt - FVOCI 4.3 4.1 72% 62% Equity - FVOCI 0.001 0.001 TOTAL INVESTMENTS 6
Slide 10: Growth in loans driven by both corporate and retail customers
Growth in loans driven by, both, corporate and retail customers; business pipeline remains robust with proficient execution Gross loans grew by 7% in Q2’25 and 15% ytd; business pipeline remains robust Growth in loans led by corporate (+15%) and retail term loans (+36%) (AED Bn) +7% qoq, +15% ytd
Slide 11: Customer deposits, incl CASA, witness strong growth; liquidity metrics remain robust
Customer deposits, incl CASA, witnesses strong growth; liquidity metrics remain robust Strong growth in customer deposits Increase in CASA contribution to support funding costs optimisation (AED Bn) CASA (AED Bn) +4% qoq, +15% ytd, +29% yoy +7% qoq, +25% ytd, +29% yoy CASA% 36% 34% 34% 36%
Slide 12: Significant improvement in Gross NPL ratio down to 2.2%
Significant improvement in Gross NPL ratio down to 2.2% from 3.9% at end-FY’24 and 4.5% a year ago, with provision coverage enhanced further to 148% Committed to ensuring adherence to prudent risk practices with proactive portfolio management being a key focus area Significant improvement in Gross N
Slide 13: Robust capital position and improved shareholder returns; upcoming rights issue
Robust capital position and improved shareholder returns; upcoming rights issue will boost capital for further growth and enhance resilience to unforeseen macroeconomic shocks Deploying capital towards balance sheet growth (RWA) to enhance organic Improved shareholder returns capital generation capa
Slide 14: Continue to capitalise on positive GDP growth and strong business momentum
Continue to capitalise on positive GDP growth and strong business momentum Remain cautiously optimistic on the macroeconomic outlook We remain cautiously optimistic on the outlook for FY 2025: technology economic sentiment • positive GDP growth1, further picking up pace ahead, with strong contributi
Slide 15: Appendix
Appendix
Slide 16: Summary financials – Income statement and related ratios
Summary financials – Income statement and related ratios %chg %chg %chg Income statement highlights (AED Million) H1'25 H1'24 Q2'25 Q1'25 Q2'24 vs H1'24 vs Q1'25 vs Q2'24 Net Interest Income 275 243 13 158 117 35 111 43 Non-Interest Income 98 58 70 50 48 4 26 90 Total Income 374 300 24 208 165
Slide 17: Summary financials – Balance sheet and related ratios
Summary financials – Balance sheet and related ratios %chg %chg %chg Balance sheet highlights (AED Billion) Jun-25 Jun-24 Mar-25 Dec-24 vs Jun'24 vs Mar'25 vs Dec'24 Total Assets 23.9 19.8 21 23.4 2 21.5 11 Loans, advances & Islamic financing 13.4 10.4 29 12.5 8 11.5 16 Investments 6.6 5.2 27 6.8 (3
Slide 18: Disclaimer
Disclaimer • This presentation has been prepared for information purposes only and is not and does not form part of any offer for sale or solicitation of any offer to subscribe for or purchase or sell any securities nor shall it or any part of it form the basis of or be relied on in connection with
Slide 19: THANK YOU
THANK YOU For any further queries, please contact UAB Investor Relations Your Trusted Partner in UAE since 1975 ir@uab.ae