Techno Time

Arab Bank Delivers Steady Growth in Q1 2026 with Net Profit Reaching $275.8 Million

Saturday 2 May 2026 14:53
Arab Bank Delivers Steady Growth in Q1 2026 with Net Profit Reaching $275.8 Million

Arab Bank Group reported solid financial results for the first quarter of 2026, posting a 2% year-on-year increase in net profit after tax to reach $275.8 million, compared to $271 million as of March 31, 2025.

The group maintained a strong financial position, with total equity standing at $13.1 billion, underscoring its capital strength and resilience.

Arab Bank’s total assets grew by 9% year-on-year to $79 billion, reflecting continued expansion across its core markets. Meanwhile, the bank’s loan portfolio increased by 7% to $41.9 billion, up from $39.1 billion in the same period last year.

Customer deposits also recorded healthy growth, rising by 8% to $57.5 billion, compared to $53.2 billion in Q1 2025, highlighting sustained customer confidence and strong liquidity levels.

Commenting on the results, Sabih Al Masri, Chairman of Arab Bank, said the group’s continued positive performance in the first quarter of 2026—despite ongoing global and regional instability driven by geopolitical tensions—demonstrates the bank’s resilience and its ability to adapt effectively to evolving challenges, including disruptions to energy supplies and global supply chains.