Ajman Bank net income up 25.4% y-o-y in 1Q 2025

Ajman Bank saw its net income grow 25.4% y-o-y to AED 134.7 mn in net income in 1Q 2025, according to its financials (pdf). The bank’s net operating income rose 2.1% to AED 198.9 mn during the same period.

Driving the growth: The bank attributed its solid financial performance to robust recoveries, cost rationalization, and digitization and automation initiatives improving efficiency, according to an earnings release (pdf).