First Gulf Bank reported unaudited consolidated earnings results for the year ended December 31, 2015. For the year, the company reported net interest income and income from Islamic financing of AED 6,429,451,000 compared to AED 6,469,780,000 a year ago. Operating income was AED 9,433,665,000 compared to AED 8,966,205,000 a year ago.

Profit for the year before taxation was AED 6,032,510,000 compared to AED 5,737,596,000 a year ago. Profit for the year was AED 6,019,224,000 compared to AED 5,705,035,000 a year ago. Profit attributable to equity holders of the Bank was AED 6,006,116,000 compared to AED 5,655,605,000 a year ago.

Basic and diluted earnings per share was AED 1.32 compared to AED 1.22 a year ago. Net cash from operating activities was AED 7,546,936,000 compared to net cash used in operating activities of AED 3,766,047,000 a year ago. Purchase of investments was AED 25,131,152,000 compared to AED 8,339,399,000 a year ago.

Purchase of property and equipment was AED 409,638,000 compared to AED 251,614,000 a year ago.