
Al Ansari Financial Services PJSC
Pressreleases, Reports and Disclosures for Al Ansari Financial Services PJSC
Al Ansari Financial Services reported a 9% increase in operating income to AED 321 million in Q1 2026, driven by volume growth and the acquisition of Bahrain Finance Company. Despite this, EBITDA fell by 10% to AED 123 million due to lower-than-expected revenue and competitive pressures, resulting in an EBITDA margin of 38.4%. Net profit after tax dropped 29% to AED 77 million, influenced by geopolitical issues affecting tourism and increased finance costs. The company maintained resilience through its diverse service offerings, with geopolitical conditions showing signs of stabilization by the quarter's end. The group's network includes 441 branches across the UAE, Bahrain, Kuwait, and India, and digital transactions rose to 29% of the total, with a 69% increase in digital transaction volumes year-on-year.
Al Ansari Financial Services PJSC and its subsidiaries have released a review report and condensed interim consolidated financial statements for the first quarter, covering the three-month period ending on March 31, 2026.
Al Ansari Financial Services announced that its shareholders have approved a cash dividend of AED 297 million for the financial year ending December 31, 2025, which is 74% of the Group’s net profit. The dividend includes a final payout of AED 148.5 million for the second half of the year. This year marks the 60th anniversary of its subsidiary, Al Ansari Exchange. The Group's Chairman, Mohammad A. Al Ansari, emphasized the company's commitment to sustainable shareholder returns and highlighted recent strategic moves, including the acquisition of BFC Group Holding, to strengthen their market presence. The Group continues to focus on expanding its regional footprint and enhancing its digital capabilities to support growth in its remittance, foreign exchange, and digital financial services.
Al Ansari Financial Services announced that its shareholders have approved a total cash dividend of AED 297 million for the financial year ending December 31, 2025, representing 74% of the Group’s net profit after tax. This includes a final dividend of AED 148.5 million for the second half of the year. The Group's flagship subsidiary, Al Ansari Exchange, is celebrating its 60th anniversary. Chairman Mohammad A. Al Ansari emphasized the Group's commitment to delivering sustainable returns and highlighted recent strategic moves, including the acquisition of BFC Group Holding, to enhance its regional presence. The Group is focusing on growth opportunities, digital capabilities, and customer experience to support its remittance, foreign exchange, and digital financial services businesses. Al Ansari Financial Services aims to maintain its market leadership and deliver long-term value to shareholders.