United Arab Emirates · Delayed Price · Currency is AED Dubai Islamic Bank P.J.S.C. Earnings Call Transcripts
Fiscal Year 2026
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Strong first half 2026 results with 10% revenue growth, improved asset quality, and robust capital and liquidity ratios. Guidance for the year remains unchanged, with selective growth across core segments and continued focus on efficiency and sustainability.
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Q1 2026 saw double-digit growth in revenues and profits, improved asset quality, and robust capital and liquidity positions. Digital adoption and sustainable finance accelerated, while prudent risk management and strong pipelines support a positive outlook.
Fiscal Year 2025
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Delivered 20% asset growth and 20% higher pre-tax profit year-on-year on a normalized basis, with strong performance across all business segments and improved asset quality. 2026 guidance targets 10% financing growth, with focus on quality, capital efficiency, and margin management.
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Strong asset and profit growth continued, with 17% year-to-date financing and sukuk growth, stable margins, and improved asset quality. Full-year guidance was raised to 20% growth, supported by robust deposit mobilization and digital transformation.
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Record gross new underwriting and robust growth across all business lines drove a 16% year-on-year increase in pre-tax profit, with asset quality and capital ratios at decade-best levels. Loan growth guidance was raised to 15% by Q3, and digital and sustainability initiatives advanced.
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Record pre-tax profits rose 14% year-on-year, driven by strong business origination and portfolio growth. Asset quality improved, with NPF ratio at 3.7% and robust coverage. On track to meet full-year guidance, with digital and sustainability initiatives advancing.
Fiscal Year 2024
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Record 2024 results featured 16% income growth, 27% pre-tax profit rise, and improved asset quality, with a 10% balance sheet expansion and strong deposit inflows. 2025 guidance targets 15% loan growth, stable margins, and further asset quality gains.
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Net profit rose 23% year-on-year to AED 6 billion for the first nine months, with Q3 profit up 32% year-on-year. Asset quality improved, impairments dropped 62%, and guidance for financing and Sukuk growth was raised to 10% or more.
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Delivered strong H1 2024 results with 18% net profit growth, improved asset quality, and robust balance sheet expansion. Digital transformation and sector diversification support a positive outlook, with guidance likely to be revised upwards after Q3.