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Egyptian Gulf Bank results, Fiscal year 2024

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

Net profit2.58 billionEGP · +74.4% vs the same period a year earlier
Total assets138 billionEGP · +41.5% vs the same period a year earlier
Shareholders' equity9.57 billionEGP · +28.7% vs the same period a year earlier
Operating cash flow15.03 billionEGP · +528.8% vs the same period a year earlier

In short

  • Egyptian Gulf Bank's net profit for Fiscal year 2024 was about 2.58 billion EGP, up +74.4% from 1.48 billion EGP in Fiscal year 2023.
  • Total assets at the end of Fiscal year 2024 were about 138 billion EGP, and shareholders' equity about 9.57 billion EGP.
  • Operating cash flow for Fiscal year 2024 was positive at 15.03 billion EGP.
Source: the Fiscal year 2024 financial statements

Key lines against the same period a year earlier

This periodFiscal year 2023Change
Net profit2.58 billion1.48 billion+74.4%
Total assets138 billion97.49 billion+41.5%
Total liabilities128 billion90.05 billion+42.6%
Shareholders' equity9.57 billion7.44 billion+28.7%
Total liabilities and equity138 billion97.49 billion+41.5%
Operating cash flow15.03 billion-3.5 billion+528.8%
Investing cash flow-43.45 million2.31 billion−101.9%
Financing cash flow1.02 billion924 million+10.5%
Net change in cash16.01 billion-259 million+6281.1%
Dividends paid-189 million-64.59 million−192.8%

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.

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

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