Amman: The Arab Bank Group reported strong results for the first quarter of 2026, with a 2% increase in net income after tax, reaching $275.8 million compared to $271 million for the same period last year. The Group maintained its robust capital base with total equity amounting to $13.1 billion.
According to Jordan News Agency, the Group's assets grew by 9% compared to the same period last year, reaching $79 billion, while loans increased by 7% to $41.9 billion, and deposits grew by 8% to $57.5 billion. Sabih Masri, Chairman of the Board of Directors, commented that Arab Bank delivered a solid performance despite ongoing global and regional tensions affecting energy markets and global supply chains. He noted that the results reflect the strength of the bank's diversified and resilient business model, supported by a strong regional presence and prudent risk management policies. Masri expressed confidence in the bank's ability to sustain earnings momentum and deliver long-term value to shareholders.
Randa Sadik, Chief Executive Officer, stated that Arab Bank delivered consistent performance while maintaining a strong balance sheet during the first quarter of 2026. She highlighted a 6% growth in revenue driven by sustainable business growth. The Group's liquidity and asset quality remain strong, with a loan-to-deposit ratio of 72.8% and credit provisions against non-performing loans exceeding 100%. The Group's capital adequacy ratio stands at 17.2%, predominantly composed of common equity.
Sadik reaffirmed the Group's commitment to business continuity and robust risk management practices. She emphasized that the Group's resilient infrastructure and operational capabilities, along with coordination with regulatory authorities in all markets, have ensured seamless service delivery and operational readiness. Sadik also highlighted the bank's ongoing investment in digital capabilities, aligning with global standards to enhance service delivery across markets and segments.