97% growth in investment bank profits in the first quarter of 2026
Sharjah, May 13, 2026 – The Investment Bank today announced its financial results for the first quarter ending March 31, 2026, recording strong growth in profitability supported by rising operating income, continued expansion of the balance sheet, and achieving rising performance across various key sectors.
Profits before tax increased by 97% year-on-year to reach 22.4 million dirhams, while profits after tax increased by 96% to reach 21.8 million dirhams.
Total operating income also recorded a growth of 81% to reach 112 million dirhams, driven by strong growth in net interest income and non-interest income.
The bank continued to strengthen its financial position during the first quarter, as total assets rose to 15 billion dirhams, with an annual growth of 28% (+6% since the beginning of the year), while customer deposits increased to 12.2 billion dirhams, with a growth rate of 32% (+8% since the beginning of the year), in addition to an increase in net loans and advances to 7.9 billion dirhams, an increase of 56% on an annual basis (+10% since the beginning of the year), which reflects the growing banking activity, customer confidence, and continued growth. Business.
Idris Al-Rafi, CEO of the Investment Bank, said that this performance was achieved with the support of balanced growth across retail banking, small and medium-sized companies, and corporate banking services, in addition to improving the quality of deposits and continued discipline in implementation at the level of various sectors.
During the first quarter, the group received an amount of 122.4 million dirhams from the Government of Sharjah under the guarantee agreement, which contributed to reducing the balance of the compensation principal to 1.4 billion dirhams as of March 2026.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and
