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Emirates Investment Bank's Q1 Profit Plummets; Operating Income Stable

MT Newswires·05/08/2026 00:02:38
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12:02 AM EDT, 05/08/2026 (MT Newswires) -- Emirates Investment Bank (DFM:EIBANK) said Thursday that its profit for the first quarter tumbled, while operating income remained stable year over year. Profit for the three months ended March 31 was 5.3 million Emirati dirhams, compared with 25.4 million dirhams a year ago. EPS moved to 0.53 dirham from 2.54 dirhams. The Dubai-listed lender's operating income remained stable year over year at 51.7 million dirhams.