321 million dirhams operating income for"Al-Ansari" During the first quarter
Dubai, May 15 / WAM / Al Ansari Financial Services Company, listed on the Dubai Financial Market, announced achieving a 9% year-on-year increase in operating income during the first quarter of 2026, to reach 321 million dirhams, supported by the growth in the volume of operations across most business sectors in addition to the consolidation of the results of the “BFC” company.
On the other hand, net profits after tax fell by 29% on an annual basis to 77 million dirhams, as a result of the decrease in the volume of transactions in some sectors.
Earnings before interest, taxes and depreciation fell by 10% year-on-year to 123 million dirhams, with an EBIT margin of 38.4%.
The group’s network reached 441 branches in the Emirates, Bahrain, Kuwait and India as of March 31, 2026, and the digital channels witnessed rapid growth, as the percentage of executed transfers increased to 29% of the total compared to 24% during the first quarter of 2025, and the total volume of digital transactions increased by 69% on an annual basis.
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