Apr 25, 2024 / 10:00AM GMT
Operator
Ladies and gentlemen, welcome to the Emirates NBD Results Call and Webcast for the third quarter of 2024. Today's call is being recorded. Please note that this call is open to analysts and investors only. Any media personnel to disconnect now.
I will now pass the call over to our host, Mr. Shayne Nelson, Group CEO of Emirates NBD.
Shayne Keith Nelson - Emirates NBD Bank PJSC - Group CEO
Thank you, Nadia, and welcome to our first quarter results call. I know quite a few of you I've got a 3:00 and 4:00 with some other banks, and I'm sure you've got a lot more questions for them than you have for us given our great results. So we followed up our last year's fantastic performance by delivering a record profit of AED 6.7 billion in the first 3 months of 2024. This is up 67% from last quarter and up 12% from the AED 6 billion profit for the first quarter of last year.
There are many highlights in our outstanding first quarter. Profit surged to a record 6.7 billion in Q1, 67% higher than the previous quarter. Total income is up 3% Q-on-Q to AED 10.7
Q1 2024 Emirates NBD Bank PJSC Earnings Call Transcript
Apr 25, 2024
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