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Suez Canal Bank results, Q1 2024

Net profit, assets, equity and cash flow for Q1 2024, against the same period a year earlier, from the published financial statements.

Net profit611 millionEGP · +143.7% vs the same period a year earlier
Total assets136 billionEGP · +54.7% vs the same period a year earlier
Shareholders' equity8.61 billionEGP · +50.7% vs the same period a year earlier
Operating cash flow10.37 billionEGP · −8.4% vs the same period a year earlier

In short

  • Suez Canal Bank's net profit for Q1 2024 was about 611 million EGP, up +143.7% from 251 million EGP in Q1 2023.
  • Total assets at the end of Q1 2024 were about 136 billion EGP, and shareholders' equity about 8.61 billion EGP.
  • Operating cash flow for Q1 2024 was positive at 10.37 billion EGP.
Source: the Q1 2024 financial statements

Key lines against the same period a year earlier

This periodQ1 2023Change
Net profit611 million251 million+143.7%
Total assets136 billion87.93 billion+54.7%
Total liabilities127 billion82.21 billion+55.0%
Shareholders' equity8.61 billion5.72 billion+50.7%
Total liabilities and equity136 billion87.93 billion+54.7%
Operating cash flow10.37 billion11.32 billion−8.4%
Investing cash flow13.57 billion1.88 billion+623.1%
Financing cash flow-254 million-123 million−107.2%
Net change in cash23.69 billion13.08 billion+81.1%
Dividends paid-251 million-119 million−110.2%

Figures in EGP from the published statement summaries (consolidated where the company publishes consolidated statements), after normalising reporting units across periods. The exact figure is in the attached report, which may be the standalone version. Figures are as shown in the published statement summary; quarterly figures may be cumulative from the start of the fiscal year.

The report file for this period has not been published yet.All of Suez Canal Bank's statements, five yearsAsk the AI analyst about CANA

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