FAB Reports 23% Rise in Q1 2025 Profit to $1.4 Billion

First Abu Dhabi Bank (FAB), the UAE's largest lender by assets, reported a record 23% increase in first-quarter net profit for 2025, reaching AED5.13 billion ($1.4 billion), surpassing analysts' expectations. This robust performance was driven by strong growth in non-interest income, particularly from fees, commissions, and investment banking, with non-interest income rising 22% year-on-year and contributing significantly to overall revenue. The bank continued its strategic restructuring, splitting its operations into four divisions and enhancing its leadership team to strengthen its business in the Gulf and internationally. International operations now account for 30% of FAB’s total assets, which grew 6% to AED1.31 trillion. FAB’s focus on diversification and business momentum across segments has positioned it for sustainable growth and improved shareholder value. CEO Hana Al Rostamani emphasized the bank's commitment to innovation, customer experience, and consistent value delivery.