Egyptian Gulf 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 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 Q1 2024 was about 2.58 billion EGP, up +74.4% from 1.48 billion EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 138 billion EGP, and shareholders' equity about 9.57 billion EGP.
- Operating cash flow for Q1 2024 was positive at 15.03 billion EGP.
Key lines against the same period a year earlier
This periodQ1 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 million542 million−108.0%
Financing cash flow1.02 billion924 million+10.5%
Net change in cash16.01 billion-275 million+5921.2%
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. Figures are as shown in the published statement summary; quarterly figures may be cumulative from the start of the fiscal year.
Egyptian Gulf Bank's Q3 2026 results, the day they are published
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