The Sharjah Bank has announced its financial results for the nine months ending September 30, 2025, reporting a net profit of AED 435 million, an increase of 47% compared to AED 296 million during the same period last year. On a quarterly basis, net profit rose to AED 166 million in the third quarter of 2025, reflecting a 33% increase from AED 125 million in the third quarter of the previous year.
These strong results further demonstrate Sharjah Bank’s commitment to sustainable and profitable growth, as key performance indicators showed significant improvement, with net interest income soaring by 60% to AED 514 million and operating income rising by 46% to AED 713 million. The cost-to-income ratio also improved to 29.9%, down from 36.4% during the same timeframe last year, driven by strict cost control measures and high operational efficiency.
Furthermore, the bank’s balance sheet continued its robust growth, with total assets increasing by 14% to AED 49.6 billion compared to the end of 2024. Net loans and advances grew by 26% to AED 30.7 billion, reflecting strong financing activity and successful execution of diverse transactions in the corporate banking sector. Additionally, customer deposits increased by 11% to AED 33.1 billion, maintaining a loan-to-deposit ratio of 92.7%.
Commenting on the results, Sheikh Mohammed bin Saud Al Qasimi, Chairman of Sharjah Bank, stated: “Sharjah Bank continues to demonstrate its strong performance and strategic stability, achieving yet another quarter of sustainable growth and exceptional profitability. The results for the nine months ending September 30, 2025, reflect the strength of the bank’s financial position, sound governance, and unwavering commitment to creating lasting value for shareholders. The robust expansion of the balance sheet, diversification of income sources, and ongoing improvement in asset quality underscore the bank’s ability to deliver exceptional performance and effective growth in a dynamic and rapidly changing operational environment.”
He added: “As we approach the end of the year, we remain committed to our core principles of stability, integrity, and long-term vision, focusing on achieving balanced growth, prudent risk management, and continuing to support the economic development of the United Arab Emirates while enhancing its financial strength.”
In addition, Mohammed Khudairi, CEO of Sharjah Bank, remarked: “Sharjah Bank achieved a net profit of AED 435 million, surpassing the total profits of 2024, while returns on equity and assets hit their highest levels in several years. This exceptional performance affirms the bank’s capability to translate its strategic vision into tangible results across various business sectors.
These remarkable results reflect our success in efficiently executing our strategy, focusing on enhancing customer value and operational efficiency, along with the increasing impact of the bank’s institutional transformation program.
Such outcomes were supported by healthy growth in the loan portfolio, vigorous activity from our clients, and strict cost management discipline, leading to a reduction in the cost-to-income ratio to below 30%.” He added: “With continuous sustainable growth in the balance sheet, improved credit quality, and ongoing liquidity strength, the bank’s competitive position becomes increasingly robust, enabling it to maintain its trajectory of success.
Thanks to its solid foundations and disciplined execution of strategic priorities, Sharjah Bank continues to establish itself as a leading financial institution capable of delivering high-quality performance and providing long-term value to all stakeholders.”