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Faisal Islamic Bank of Egypt (USD) 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 profit6.15 billionEGP · +180.0% vs the same period a year earlier
Total assets222 billionEGP · +31.0% vs the same period a year earlier
Shareholders' equity33.66 billionEGP · +34.9% vs the same period a year earlier
Operating cash flow25.18 billionEGP · +223.1% vs the same period a year earlier

In short

  • Faisal Islamic Bank of Egypt (USD)'s net profit for Q1 2024 was about 6.15 billion EGP, up +180.0% from 2.2 billion EGP in Q1 2023.
  • Total assets at the end of Q1 2024 were about 222 billion EGP, and shareholders' equity about 33.66 billion EGP.
  • Operating cash flow for Q1 2024 was positive at 25.18 billion EGP.
Source: the Q1 2024 financial statements

Key lines against the same period a year earlier

This periodQ1 2023Change
Net profit6.15 billion2.2 billion+180.0%
Total assets222 billion169 billion+31.0%
Total liabilities188 billion144 billion+30.4%
Shareholders' equity33.66 billion24.95 billion+34.9%
Total liabilities and equity222 billion169 billion+31.0%
Operating cash flow25.18 billion7.79 billion+223.1%
Investing cash flow-7.76 billion-1.48 billion−423.5%
Financing cash flow-582 million-966 million+39.7%
Net change in cash16.85 billion5.35 billion+215.0%

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.

Official report (PDF)All of Faisal Islamic Bank of Egypt (USD)'s statements, five yearsAsk the AI analyst about FAITA

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