Shareholders of First Abu Dhabi Bank (FAB), recognized as the largest bank in the UAE by assets, have sanctioned a dividend of AED8.8 billion ($2.4 billion) for the year 2025.
This dividend of 80 fils per share marks a record high for the Abu Dhabi-listed financial institution, as stated in their announcement.
During the annual general meeting, shareholders also agreed on all agenda items, which included the reelection of board members for a three-year period and the designation of auditors for the year 2026.
Earlier in January, FAB reported a 24 percent increase in net earnings, reaching AED21.1 billion in 2025, up from AED17.1 billion the previous year. This growth was bolstered by a 16 percent rise in operating income, totaling AED36.6 billion.
The bank also experienced a 16 percent year-over-year increase in total assets, amounting to AED1.4 trillion in 2025. Net loans and advances climbed by 17 percent to AED616 billion, with the Islamic financing portfolio expanding by 28 percent.
Customer deposits reflected a 7 percent annual growth, reaching AED841 billion from January to December.
Mubadala Investment Company, representing the Abu Dhabi sovereign wealth fund, holds a 37.9 percent share in FAB.
On Thursday, the bank’s share price closed down by 4.6 percent at AED17.18, marking a 1.4 percent decrease in stock value for the year to date.
