Al Ansari Financial Services Posts AED 326M Operating Income in Q3 2026 as Profit Momentum Improves
Stable Operating Income Amid Mixed Segment Performance
Al Ansari Financial Services, listed on the Dubai Financial Market (DFM), announced its financial results for the third quarter of 2026, posting a resilient operating income of approximately AED 326 million—a marginal decline of 0.6% compared to the same period last year. For the nine-month period ended September, total operating income reached AED 960.7 million, reflecting a slight year-on-year dip of 0.5%.
Across business segments in Q3, net foreign exchange (FX) income grew by 0.5% to reach AED 181.6 million, whereas net commission income declined by 1.8% to stand at AED 144 million.
Expansion Investments and Operating Expenses
The Group continued executing its planned investments to support long-term growth, focusing on human capital development, branch network expansion, and technological system upgrades, alongside meeting regulatory requirements. These initiatives were reflected in Q3 operating expenses, with salaries and benefits rising by 1.1% and other operating expenses increasing by 8.8%.
Net Profit and Improved Performance Pace
The company recorded Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of AED 128.1 million in Q3, down 5.7%, with an EBITDA margin of 39.3% compared to 41.5% in the prior-year period. Net profit after tax stood at AED 79.8 million, a 12.3% decrease, marking a notable improvement in performance momentum compared to the 15% and 28.7% declines recorded in Q1 and Q2, respectively.
Nine-Month Performance Overview (9M 2026)
Looking at the consolidated results for the first nine months of the year, EBITDA reached AED 370.9 million, down 12.3% year-on-year, with an EBITDA margin of 38.6% compared to 43.8% in the same period last year. Meanwhile, net profit after tax settled at AED 231.1 million.
