CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Dubai Mashreq's Q3 net profit rises 21% on higher income, lower impairments

By Zawya

By Staff Writer

Dubai-based lender Mashreq posted a Q3 2026 attributable net profit of AED 2.03 billion ($553 million), up 21% year-on-year (YoY), supported by higher non-interest income and lower impairment charges.

Net interest income and income from Islamic financing rose 8% YoY to AED 2.29 billion, while non-interest income jumped 19% to AED 1.29 billion.

Total operating income increased 12% to AED 3.58 billion, while operating profit rose 13% YoY to AED 2.46 billion.

Impairment charges fell to AED 7 million in Q3 from AED 121 million in the year-ago quarter. The lender said “recoveries on previously written-off exposures continued to offset new provisioning”.

For the nine-month period, Mashreq’s attributable net profit rose 7% YoY to AED 6.52 billion.

(Writing by Brinda Darasha; editing by Seban Scaria)
brinda.darasha@lseg.com

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk