ADX:RAKBANK Income Statement

Financials in millions AED. Fiscal year is January - December.

Millions AED. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	5,857	5,527	5,234	4,570	2,993	2,426
Interest Paid on Deposits	2,085	1,842	1,672	1,233	503.79	258.06
Net Interest Income	3,772	3,686	3,562	3,336	2,489	2,168
Net Interest Income Growth	4.11%	3.47%	6.77%	34.02%	14.80%	-14.14%
Gain (Loss) on Sale of Investments	100.07	200.39	59.42	48.67	-10.94	63.81
Other Non-Interest Income	1,394	1,282	1,091	1,019	917.29	998.29
Total Non-Interest Income	1,967	1,482	1,150	1,068	906.35	1,062
Non-Interest Income Growth	37.44%	28.85%	7.73%	17.82%	-14.67%	2.28%
Revenues Before Loan Losses	5,739	5,168	4,713	4,404	3,396	3,231
Provision for Loan Losses	498.42	450.55	776.02	1,005	797.42	1,077
Revenue	5,241	4,717	3,937	3,399	2,598	2,154
Revenue Growth	16.12%	19.84%	15.82%	30.81%	20.63%	13.32%
Salaries and Employee Benefits	1,036	1,002	977.56	891.91	816.88	775.33
Occupancy Expenses	226.72	209.17	192.84	194.49	180.64	203.22
Selling, General & Administrative	559.47	587.91	420.1	366	321.2	330.05
Other Non-Interest Expense	67.7	53.61	67.91	148.87	116.62	86.98
Total Non-Interest Expense	1,890	1,852	1,658	1,601	1,435	1,396
EBT Excluding Unusual Items	3,351	2,865	2,278	1,797	1,163	758.3
Pretax Income	3,351	2,865	2,278	1,797	1,163	758.3
Income Tax Expense	298.98	255.81	202.45	13.73	-	-
Earnings From Continuing Operations	3,052	2,609	2,076	1,784	1,163	758.3
Minority Interest in Earnings	-12.81	-8.97	-3.21	-0.17	7.37	-2.18
Net Income	3,039	2,600	2,072	1,784	1,170	756.13
Net Income to Common	3,039	2,600	2,072	1,784	1,170	756.13
Net Income Growth	23.57%	25.47%	16.20%	52.40%	54.78%	50.09%
Basic Shares Outstanding	2,011	2,011	2,011	2,011	2,011	2,011
Diluted Shares Outstanding	2,011	2,011	2,011	2,011	2,011	2,011
Shares Change	-	-	-	-	-	-
EPS (Basic)	1.51	1.29	1.03	0.89	0.58	0.38
EPS (Diluted)	1.51	1.29	1.03	0.89	0.58	0.38
EPS Growth	23.57%	25.47%	16.20%	52.40%	54.78%	50.09%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.630	0.630	0.500	0.310	0.283	0.188
Dividend Growth	26.00%	26.00%	61.29%	9.43%	51.09%	50.00%
Effective Tax Rate	8.92%	8.93%	8.89%	0.76%	-	-