Dubai:Al Ansari Financial Services PJSC has announced its operating income for the third quarter of 2026, which totaled AED 326 million. This represents a decrease of 0.6 percent compared to the same period in the previous year.

According to Emirates News Agency, the company's operating income for the nine months ending in September 2026 was AED 960.7 million, reflecting a 0.5 percent year-on-year decline. During the third quarter, there was a 0.5 percent increase in net gain on currency exchange to AED 181.6 million. However, net commission income saw a reduction of 1.8 percent, amounting to AED 144 million.

The report further highlighted an increase in operating expenses as the group made strategic investments aimed at supporting long-term growth. These investments included enhancements in personnel, expansion of the branch network, and upgrades to technology systems. Consequently, salaries and benefits rose by 1.1 percent, while other operating expenses increased by 8.8 percent in the third quarter.

EBITDA for the third quarter stood at AED 128.1 million, marking a 5.7 percent decrease, with a net profit after tax of AED 79.8 million, down 12.3 percent. These figures are contrasted with the first-half declines of 15 percent and 28.7 percent, respectively. The EBITDA margin for the third quarter was 39.3 percent, compared to 41.5 percent in the same quarter of the previous year.

For the nine-month period, EBITDA was AED 370.9 million, a decrease of 12.3 percent, with a margin of 38.6 percent compared to 43.8 percent a year earlier. The drop is attributed to a slight reduction in operating income and increased expenses aimed at fostering long-term growth. The net profit after tax for this period was AED 231.1 million, reflecting a 23.8 percent decrease.