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Bank of Sharjah sees 47% higher net profits in 9M-25

Bank of Sharjah sees 47% higher net profits in 9M-25
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Abu Dhabi – Mubasher: Bank of Sharjah logged AED 434.63 million in net profit during the first nine months (9M) of 2025, marking an annual surge of 47% from AED 295.61 million.

Basic and diluted earnings per share (EPS) increased to AED 0.14 as of 30 September 2025 from AED 0.09 a year earlier, according to the financial results.

The operating income reached AED 712.74 million in 9M-25, higher by 46.10% year-on-year (YoY) than AED 488.37 million.

Results for Q3-25

In the third quarter (Q3) of 2025, the net profits after tax climbed to AED 166.31 million from AED 124.64 million in Q3-24, while the basic and diluted EPS grew to AED 0.05 from AED 0.04.

Bank of Sharjah reported operating income valued at AED 259.44 million during July-September 2025, compared to AED 188.31 million in Q3-24.

Mohammed bin Saud Al Qasimi, Chairman of Bank of Sharjah, commented:  "The bank’s robust balance sheet expansion, diversified income streams, and steady improvement in asset quality highlight our ability to perform and grow in a dynamic operating environment.”

“As we move toward year-end, we remain guided by our core principles of stability, integrity, and long-term vision. Our focus remains on consistent growth, sound risk management, and continued support to the UAE’s economic development and financial strength,” he added.

As of 30 June 2025, the bank’s net profits after tax widened by 56.70% YoY to AED 268.32 million from AED 170.97 million.