Sharjah Bank announced its financial results for the period ending June 30, 2025, revealing a record performance in the first half of 2025. The net profit reached 268 million dirhams, reflecting a 57% increase compared to the same period last year.
The profit before tax totaled 295 million dirhams, signifying a notable improvement from 183 million dirhams for the period ending June 30, 2024. This growth is attributed to a significant rise in net interest income, revenues from investments, and effective risk management practices.
Sheikh Mohammed bin Saud Al Qasimi, the chairman, stated that the bank maintained its strong momentum in the first half of 2025, building on robust results from the first quarter. The record net profit achieved reflects enhanced operational performance, process efficiency, and financial resilience.
These results were bolstered by stable growth in the balance sheet, a diversified business portfolio, and improved operational capabilities, all underpinned by a cautious approach to risk management. These achievements reaffirm the board of directors’ confidence in the bank’s strategic direction and its ability to deliver sustainable and long-term returns while fully adhering to sound governance principles and prudent credit policies.