1. Company Overview & Earnings Context

Invest Bank P.S.C. is an Abu Dhabi Securities Exchange (ADX)-listed commercial bank headquartered in Sharjah, offering corporate, retail and treasury banking services across the UAE. During H1 2026, the bank delivered a strong financial performance, driven by robust balance sheet growth, expanding net interest margins, higher fee and foreign exchange income, and continued recoveries. The period also marked a significant milestone with Fitch Ratings assigning Invest Bank its first investment-grade issuer rating of BBB+ (Stable Outlook).

2. Financial Performance Snapshot

• Total Operating Income: AED 258.80 Million (+77.8% YoY)

• Net Interest Income: AED 164.01 Million (+111.2% YoY)

• Operating Profit: AED 56.06 Million (vs. AED 9.75 Million in H1 2025)

• Profit Before Tax: AED 80.51 Million (+60.8% YoY)

• Net Profit: AED 74.60 Million (+52.4% YoY)

• Earnings Per Share (EPS): AED 0.0003 (vs. AED 0.0002 in H1 2025)

Compared with H1 2025:

• Total operating income increased 77.8% to AED 258.80 million.

• Net interest income increased 111.2% to AED 164.01 million.

• Operating profit increased to AED 56.06 million from AED 9.75 million.

• Profit before tax increased 60.8% to AED 80.51 million.

• Net profit increased 52.4% to AED 74.60 million.

• Earnings per share increased from AED 0.0002 to AED 0.0003.

3. Operational Highlights & Key Metrics

• Total Assets: AED 16.13 Billion

• Net Loans & Advances: AED 8.78 Billion

• Customer Deposits: AED 13.28 Billion

• Investment Securities: AED 1.70 Billion

• Cash & Balances with Central Banks: AED 2.55 Billion

• Due from Banks: AED 1.06 Billion

• Capital Adequacy Ratio (CAR): 18.2%

• CASA Ratio: 32.0%

• Return on Equity (ROE): 9.1%

• Eligible Liquid Asset Ratio: 22.1%

4. Key Performance Drivers

Invest Bank's H1 2026 performance was driven by exceptional growth in net interest income, supported by a wider net interest margin and strong expansion in both lending and customer deposits. Non-interest income also increased on the back of higher foreign exchange and fee income. The bank continued investing in technology and talent while improving its cost-to-income ratio. Asset quality also strengthened as Stage 3 loans declined and the bank maintained a 100% provision coverage ratio.

5. Outlook & Forward Guidance

Management remains cautiously optimistic for the remainder of 2026 despite heightened regional uncertainty. The bank intends to continue expanding its retail and wholesale banking franchises while maintaining prudent risk management, strong liquidity and capital adequacy. The recent investment-grade credit rating is expected to further strengthen the bank's funding profile and market positioning.

6. Investor Takeaway

Invest Bank delivered a strong turnaround in H1 2026, reporting robust growth in operating income, profitability and its balance sheet. Supported by expanding net interest margins, healthy loan and deposit growth, improved asset quality and an investment-grade credit rating, the bank has strengthened its financial position and is well placed to sustain its recovery momentum.