Bank of Sharjah posts AED 729M profit, 6.5% dividend

April 30, 2026 / 10:26 PM

Sharjah24: Bank of Sharjah reported a record net profit of AED 729 million for 2025, marking an 89% increase, and approved a 6.5% cash dividend at its 53rd Annual General Assembly Meeting on April 30, 2026.

The meeting was chaired by His Excellency Sheikh Mohammed bin Saud Al Qasimi, Chairman of the Board of Directors, and attended by board members, shareholders, senior management and external auditors.

The General Assembly approved all agenda items, including the consolidated financial statements for the year ended 31 December 2025 and the reappointment of Grant Thornton as external auditors for 2026. It also endorsed the Board’s proposal to pay a 6.5% cash dividend.

Strong financial performance

Sheikh Mohammed bin Saud Al Qasimi said the bank achieved exceptional results, driven by growth in fee income, transactional banking and trade finance, thereby reinforcing its role in supporting UAE-based businesses.

Strategic execution and growth

Chief Executive Officer Mohamed Khadiri described 2025 as a defining year, highlighting improvements in operational efficiency, governance and the customer experience.

He noted that the bank is well positioned to sustain growth, supported by a strong balance sheet and a clear strategic direction.

Commitment to Emiratisation

Beyond financial results, Bank of Sharjah reaffirmed its commitment to the UAE’s Emiratization agenda by prioritising the recruitment, development and retention of national talent, including leadership pathways for Emirati professionals.