Invest Bank reports 41% growth in profit before tax for first nine months of 2026
Invest Bank reported a 41% year-on-year increase in profit before tax to AED 143.7 million for the first nine months of 2026, supported by higher operating income, loan growth, improved interest margins and recoveries.
The Sharjah-based bank's operating income rose 62% to AED 408 million for the period ended September 30, 2026. Net interest income increased 79% to AED 266 million, while fee income grew 38% to AED 142 million.
The bank also reported its highest-ever balance sheet size, with total assets reaching AED 17 billion, up 24% year-on-year.
Loans and deposits record growth
Net loans increased 50% year-on-year to AED 10.2 billion, reflecting growth across the bank's wholesale and retail businesses.
The wholesale loan portfolio reached AED 8 billion, up 25% year-to-date, while the retail loan book crossed the AED 2 billion mark to close at AED 2.1 billion.
According to the bank, loan growth during the period came entirely from performing Stage 1 and Stage 2 loans. The Stage 3 loan portfolio continued to decline, with specific reserves providing 100% coverage.
Customer deposits rose 24% year-on-year to AED 13.8 billion. The bank's current and savings account (CASA) deposits increased 29% to AED 4.2 billion, providing a stable funding base.
Asset quality and capital position
Invest Bank reported an improvement in asset quality, with its Stage 3 loan ratio declining to 24% in September 2026, compared with 41% in September 2025. Coverage remained at 100%.
The bank maintained a capital adequacy ratio of 17% and an eligible liquid asset ratio of 17.2% during the reporting period.
Its credit ratings include BBB+/F2 from Fitch. Capital Intelligence recently upgraded the bank's long-term foreign currency rating to BBB+ from BBB- and its short-term foreign currency rating to A2 from A3.
CEO highlights strategic transformation
Edris Al Rafi, Chief Executive Officer of Invest Bank, said the nine-month performance reflected progress in the bank's strategic transformation, with higher profitability, record balance sheet growth and stronger fundamentals across its business lines.
He highlighted the expansion of the retail portfolio alongside the bank's wholesale business, adding that growth in deposits, lending and net interest income demonstrated the scalability of its business model.
Al Rafi said the bank would continue working towards a more diversified and digitally enabled operation to support its future growth.
