BANK OF SHARJAH-

The Bank of Sharjah saw its bottom line come in at AED 152.2 mn during 2Q 2025, representing a 67.9% increase y-o-y, according to the lender’s financial statements (pdf). Its operating income surged 60.5% to AED 252.4 mn, while net interest income also saw a strong uptick of 49.4% to AED 175.5 mn.

For 1H 2025, net income reached AED 268.3 mn, up 56.9% y-o-y. A 51% uptick in operating income to AED 453.3 mn was bolstered by a 55.1% increase in net interest income to AED 319.5 mn. The strong 1H results were driven by a diversified business mix, prudent risk approach, and improved operations, according to a separate earnings release (pdf).

AJMAN BANK-

Ajman Bank’s net income reached AED 110.4 mn during the second quarter, a 2.1% increase y-o-y, on the back of increased financing activity, according to the bank’s financials (pdf). Total operating income dipped 6.1% y-o-y to AED 387.4 mn, driven by a drop in income from Islamic financing and investment.

The six-month view: The lender reported a net income of AED 245.1 mn for 1H, up 13.7% y-o-y, driven by its core business performance and improved operational efficiency and financing activity, according to a separate earnings release (pdf). Operating income dropped 7.6% y-o-y to AED 751.3 mn.

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