ADCB reports Dh5.014 billion net profit after tax in H1 2025
ABU DHABI (ALETIHAD) Abu Dhabi Commercial Bank (ADCB) has reported a strong financial performance for the first half of 2025, with net profit after tax rising 13% year-on-year to Dh5.014 billion, while profit before tax increased 18% to Dh5.942 billion. The second quarter (Q2) alone saw a net profit of Dh2.568 billion and profit before tax of Dh3.035 billion.The results were driven by double-digit growth in operating income, robust credit expansion, and increased non-interest income. For H1 2025, ADCB's operating income rose 15% year-on-year to Dh10.741 billion, while operating profit before impairment allowances grew by 22% to Dh7.766 billion.The bank reported notable efficiency gains, with its cost-to-income ratio improving to 27.7% for H1. In Q2, ADCB achieved its lowest-ever quarterly cost-to-income ratio of 26.4%, reflecting ongoing productivity improvements from investments in digital transformation and artificial intelligence.Non-interest income rose sharply by 36% year-on-year to reach Dh3.693 billion in H1, representing 34% of total operating income — compared to 29% a year earlier. In Q2 alone, non-interest income increased 44%, led by a 43% rise in trading income and a 16% growth in fees and commission income.ADCB's total assets grew 17% year-on-year to Dh719 billion, while net loans rose 14% to Dh378 billion. Customer deposits increased 19% to Dh463 billion, supported by a 21% rise in current and savings account (CASA) deposits to Dh207 billion. CASA now makes up 45% of total deposits.Asset quality remained solid, with the non-performing loan (NPL) ratio improving to 2.02% and provision coverage increasing to 173.1%. ADCB's common equity tier 1 (CET1) ratio stood at 12.21%, and the liquidity coverage ratio at 135.2%, underscoring a strong capital and liquidity position.
The bank continues to advance its digital agenda, with over 68,000 new retail customers onboarded in Q2 — 62% of whom were acquired digitally. ADCB also reported improvements in ESG performance, with its Bloomberg ESG score rising to 5.91, the highest among regional peers.
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