Dubai – Mubasher: Ajman Bank recorded net profits after tax worth AED 245.09 million in the first half (H1) of 2025, an annual drop from AED 215.56 million.

Net interest income retreated to AED 399.21 million as of 30 June 2025 from AED 428.13 million in H1-24, according to the financial results.

The basic and diluted earnings per share (EPS) edged up to AED 0.09 from AED 0.08.

Ajman Bank announced a profit before tax valued at AED 266 million for the first six months (6M) of 2025, marking an annual rise of 14%.

This was driven by sustained focus on core business performance, boosted financing activity, and improved operational efficiency.

Total assets climbed by 17% compared to year-end 2024 to AED 26.60 billion, backed by a 16% growth in the financing portfolio to AED 17.80 billion.

Customer deposits reached AED 20 billion, up 11% year-to-date, reflecting continued growth across Consumer and Wholesale business segments

Financials for Q2-25

In the second quarter (Q2) of 2025, the net profits hiked to AED 110.41 million from AED 108.13 million in April-June 2024.

The lender reported net interest income valued at AED 200.30 million in Q2-25, an annual drop from AED 233.30 million. Basic and diluted EPS rose to AED 0.041 from AED 0.040.

Mustafa Al Khalfawi, CEO of Ajman Bank, said: "We are focused on scaling platform productivity, improving cost-to-income performance, and diversifying access to capital. The successful launch of our co-branded POS solution, real-time settlement platform, and global Sukuk issuance all reflect growing confidence in our trajectory."

As for the previous quarterly results, the lender’s net profits jumped to AED 134.67 million in  Q1-25 from AED 107.42 million in Q1-24.