Strong Operational Growth Drives Ajman Bank Profits Up Over 24.8% in 2025

Ajman | EcoPulse24

Ajman Bank recorded robust financial performance in 2025, driven by improved operational activity and ongoing cost control, resulting in notable annual profit growth alongside a significant expansion of its balance sheet.

Annually, net profit after tax reached AED 500 million, marking a 24.8% year-on-year increase. This improvement was supported by a 22% rise in net operating income to AED 899 million, reflecting enhanced operational efficiency and increased contribution from core activities.

Quarterly, net profit for Q4 2025 rose by over 8% to AED 120 million, supported by operating income growth. Pre-tax profit reached AED 548 million, up nearly 25% year-on-year.

Non-financing income accounted for 29% of total revenues, indicating successful income diversification. Staff and general administrative expenses increased by about 12% to AED 412 million. The bank reversed AED 12.5 million in impairment losses on non-financial assets during the period, compared to no such reversals in 2024.

Total assets grew by nearly 44% to AED 32.9 billion by year-end, signaling clear business and activity expansion.

The board proposed a cash dividend of 9.18 fils per share, subject to approval at the upcoming general assembly on March 3. The bank also approved the issuance of one or more tranches of additional Tier 1 capital sukuk, with a total nominal value not exceeding $300 million or its equivalent.

EcoPulse24 Analysis:
Ajman Bank’s results reflect a clear transition towards a more balanced growth phase, combining rapid asset expansion with improved profitability and diversified revenue streams. Despite higher operating expenses, income growth outpaced costs, supporting margin sustainability. Strengthening the capital base through additional Tier 1 sukuk issuance enhances the bank’s flexibility for further expansion while maintaining regulatory capital requirements amid a competitive banking environment.