Emirates NBD reported a net profit of Dh6.2 billion ($1.69 billion) for the first quarter of 2025, exceeding analyst expectations of Dh5.1 billion, despite a decline from Dh6.7 billion in the same period last year.
The bank’s net interest income rose 14% year-on-year to Dh8.5 billion, while non-funded income increased 5% to Dh3.4 billion. Total gross loans grew by 11%, and total assets reached Dh1.03 trillion, a 14% increase.
The performance reflects ongoing economic growth in the UAE and increased government investment in non-oil sectors, contributing to higher credit demand and banking activity.
Emirates NBD, majority-owned by the Dubai government, continues to benefit from stable liquidity conditions and a strong real estate market.
