First Abu Dhabi Bank sets record with $2.4bn dividend

Shareholders of First Abu Dhabi Bank (FAB), the UAE’s largest lender by assets, have approved a dividend of AED8.8 billion ($2.4 billion) for 2025.

The 80 fils-per-share dividend is an all-time high, the Abu Dhabi-listed lender said in a statement.

Shareholders also approved all agenda items at the annual general meeting, including the re-election of board members for a three-year term and the appointment of auditors for 2026. ‎

In January FAB said net earnings rose 24 percent to AED21.1 billion in 2025, compared to AED17.1 billion a year before, supported by a 16 percent annual increase in operating income to AED36.6 billion.

Total assets grew 16 percent year on year to AED1.4 trillion in 2025. Net loans and advances rose 17 percent to AED616 billion, including 28 percent growth in the Islamic financing portfolio.

Customer deposits grew 7 percent annually to AED841 billion between January and December.

Mubadala Investment Company, the Abu Dhabi sovereign wealth fund, owns a 37.9 percent stake in FAB.

The bank’s stock closed 4.6 percent lower at AED17.18 on Thursday. The share price has fallen 1.4 percent so far this year.

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