Abu Dhabi Commercial Bank · ADX:ADCB
Abu Dhabi Commercial Bank — Abu Dhabi Commercial Bank PJSC — Q3 2026 Earnings Presentation
26 slides from Abu Dhabi Commercial Bank's earnings presentation, October 2026
Slide 1: Third Quarter 2026 Earnings Presentation
ABU DHABI COMMERCIAL BANK PJSC adcb.com/ir Third quarter 2026 Earnings presentation October 2026 Third Quarter 2026 Earnings Presentation
Slide 2: Disclaimer
Disclaimer This presentation is not an offer or solicitation of an offer to buy or sell securities. It is solely for use as an investor presentation and is provided as information only. This presentation does not contain all of the information that is material to an investor. By reading the presenta
Slide 3: Table of contents
Table of contents 1. Financial highlights 04 2. Operating environment & guidance 19 3. Appendix 23 Third Quarter 2026 Earnings Presentation
Slide 4: 1. Financial highlights
1. Financial highlights Third Quarter 2026 Earnings Presentation
Slide 5: Strong 9M'26 performance driven by lending growth and diversified income
FINANCIAL HIGHLIGHTS Strong 9M’26 performance driven by significant lending growth and diversified income amid positive UAE economic momentum Financial highlights 9M’26 key highlights • Profit growth extended to 21 consecutive quarters: • Sustained growth in customer deposits: Deposits Diversified g
Slide 6: Record 9M'26 earnings, driven by top-line growth, efficiencies and lower impairments
FINANCIAL HIGHLIGHTS Record 9M’26 earnings, driven by top-line growth, greater efficiencies and lower impairments Income statement (AED mn) 9M’26 9M’25 ∆YoY% Strong 9M’26 financial performance (AED bn) Total net interest income(1) 11,342 10,855 4 Profit before tax Operating income Non-interest incom
Slide 7: Q3'26 profit before tax up 28% YoY
FINANCIAL HIGHLIGHTS Q3’26 profit before tax up 28% YoY, marking 21 consecutive quarters of growth Income statement (AED mn) Q3’26 Q2’26 Q3’25 ∆QoQ% ∆YoY% Q3’26 profit before tax (AED bn) Total net interest income(1) 3,871 3,733 3,807 4 2 4.06 +28% YoY +6% QoQ 21 quarters of consecutive growth in pr
Slide 8: Net interest income up 4% YoY in 9M'26
FINANCIAL HIGHLIGHTS Net interest income up 4% YoY in 9M’26 driven by significant loan growth, with risk-adjusted NIM rising on lower cost of risk Net interest income (AED mn) Asset yield (%)(1) Key highlights 9M’25 3 rate cuts from 1 rate hike 9M’26 Sep’25 to Dec’25 in Sep’26 • Net interest income
Slide 9: Non-interest income up 21% YoY in 9M'26
FINANCIAL HIGHLIGHTS Non-interest income up 21% YoY in 9M’26, driven by double-digit growth in fee and trading income Non-interest income (AED mn) Q3’26 Q2’26 Q3’25 ΔQoQ% ΔYoY% 9M’26 9M’25 ΔYoY% Key highlights Net fees and commission income 1,246 1,186 971 5 28 3,370 2,720 24 • Non-interest income i
Slide 10: Cost-to-income ratio improved 40 bps YoY in 9M'26
FINANCIAL HIGHLIGHTS Cost-to-income ratio improved 40 bps YoY in 9M’26 as strong revenue growth outpaced operating expenses Operating expenses (AED mn) Cost to income ratio Key highlights • Greater efficiency driven by continued top-line growth combined with cost discipline and productivity gains +1
Slide 11: Significant balance sheet expansion, net loans up 16% and deposits up 12%
FINANCIAL HIGHLIGHTS Significant balance sheet expansion, with net loans up 16% during 9M’26 and customer deposits up 12% Balance sheet (AED mn) Sep’26 Jun’26 Dec’25 Sep’25 ΔQoQ% ΔYTD% ΔYoY% CET1 ratio CAR Total assets 889,991 833,184 773,654 744,273 7 15 20 13.79% 16.54% 17.00% Net interest earning
Slide 12: Broad-based lending growth in 9M'26
FINANCIAL HIGHLIGHTS Broad-based lending growth in 9M’26 across GREs, financial institutions, trading and energy, and personal loans Net loans (AED bn) Gross loans by geography (AED bn) Key highlights 478 • Net loans increased AED 66 bn (+16%) YTD and AED 24 469 445 453 bn (+5%) QoQ to AED 469 bn, r
Slide 13: Well diversified and highly secured real estate portfolio
FINANCIAL HIGHLIGHTS Well diversified and highly secured real estate portfolio with strict internal caps and underwriting policies Commercial real estate investment Total real estate portfolio (% of total gross loans) Portfolio composition Real estate loan classification 39% • Purpose of the loan is
Slide 14: Strong asset quality with cost of risk at 36 bps
FINANCIAL HIGHLIGHTS Strong asset quality with cost of risk at 36 bps in 9M’26, and NPL ratio at a record low of 1.60% as at September-end Cost of risk Non-performing loans (AED mn) POCI assets (AED mn) • Net impairment charge in Q3’26 was 57% lower YoY, primarily due to a build-up of provisions in
Slide 15: Disciplined risk management in the ADCB retail portfolio
FINANCIAL HIGHLIGHTS Disciplined risk management and underwriting practices driving strong risk performance of the ADCB retail portfolio compared to the market Total portfolio delinquency 30+ DPD Personal loans delinquency 30+ DPD Credit cards delinquency 30+ DPD 4.6% 4.7% 4.4% 1.6% 1.5% 4.1% 4.0% 4
Slide 16: Investment portfolio of AED 169 bn, up 6% YoY
FINANCIAL HIGHLIGHTS Investment portfolio of AED 169 bn, up 6% YoY, with approximately 99% invested in bonds Investment securities (AED mn) Investment securities: AED 169,164 mn(2) Non-Government bond portfolio Domestic 27% Government 65% +6% • Rated A- or better: 94.2% Other GCC countries 21% Publi
Slide 17: Sustained inflows of customer deposits supporting funding and liquidity
FINANCIAL HIGHLIGHTS Sustained inflows of customer deposits supporting a resilient funding profile and liquidity position Liability mix Customer deposits (AED bn)(1) CASA split by business (AED mn) Customer deposits 70% 558 500 527 Total Contribution to 482 As at 30 Sep 2026 deposits CASA CASA % Gro
Slide 18: Robust capital position supporting growth and capital deployment
FINANCIAL HIGHLIGHTS Robust capital position provides a solid foundation for continued growth and disciplined capital deployment Capital adequacy ratio walkthrough (%)(1) 1.92 17.00 (0.30) (0.09) 16.54 1.36 (1.74) 1.12 (0.18) (0.06) 1.85 1.63 13.79 13.79 31-Dec-25 9M’26 net profit Revaluation reserv
Slide 19: 2. Operating environment & guidance
2. Operating environment & guidance Third Quarter 2026 Earnings Presentation
Slide 20: Strong UAE macro-economic stability and fundamentals
OPERATING ENVIRONMENT & GUIDANCE Strong UAE macro-economic stability and fundamentals Global: We expect one further hike from the Fed in December. US: Recession risks ease further as the probability UAE: Oil output has risen sharply, reflecting easing supply One further 25 bps hike from ECB and BoE
Slide 21: Investment outlook supported by sustained project awards
OPERATING ENVIRONMENT & GUIDANCE Investment outlook supported by sustained project awards UAE: Total project awards remain strong in 9M 2026; projects UAE: Project awards in the UAE moderated sharply in 2Q and UAE: Project pipeline remains large; key sectors include underway rising 3Q, though ongoin
Slide 22: Summary and guidance
OPERATING ENVIRONMENT & GUIDANCE Summary and guidance Summary Guidance in five-year strategy • Record 9M’26 profitability supported by launched in Q1 2025 Full-year 2026 guidance 9M'26 actuals significant loan growth, diversified income streams, enhanced efficiency and lower CET1 ratio >12% >12% 13.
Slide 23: 3. Appendix
3. Appendix Third Quarter 2026 Earnings Presentation
Slide 24: Balance sheet as at 30 September 2026
APPENDIX Balance sheet as at 30 September 2026 AED mn Sep’26 Dec’25 ΔYTD% Cash and balances with Central banks, net 74,872 63,019 19 Deposits and balances due from banks, net 69,685 56,594 23 Financial assets at fair value through profit or loss 29,879 24,622 21 Derivative financial instruments 27,1
Slide 25: Income statement for the nine-month period ended 30 September 2026
APPENDIX Income statement for the nine-month period ended 30 September 2026 Quarterly trend YTD trend AED mn Q3’26 Q3’25 ΔYoY% 9M’26 9M’25 ΔYoY% Interest and income from Islamic financing 9,743 9,159 6 27,245 26,052 5 Interest expense and profit distribution (5,872) (5,352) 10 (15,903) (15,197) 5 Ne
Slide 26: ADCB Investor Relations
ADCB Investor Relations Contact information Click to view our reports For more information, please visit our website: adcb.com/ir 2025 Annual Report 2025 Integrated Report or contact ADCB Investor Relations at [email protected] adcb.com/annualreport adcb.com/integratedreport 2025 ESG Report 2026 ADCB Gree
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