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Faisal Islamic Bank of Egypt (USD) results, Q2 2024

Net profit, assets, equity and cash flow for Q2 2024, against the same period a year earlier, from the published financial statements.

Net profit804 millionEGP · +7.8% vs the same period a year earlier
Total assets221 billionEGP · +27.5% vs the same period a year earlier
Shareholders' equity35.01 billionEGP · +35.4% vs the same period a year earlier
Operating cash flow-3.48 billionEGP · −139.4% vs the same period a year earlier

In short

  • Faisal Islamic Bank of Egypt (USD)'s net profit for Q2 2024 was about 804 million EGP, up +7.8% from 746 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 221 billion EGP, and shareholders' equity about 35.01 billion EGP.
  • Operating cash flow for Q2 2024 was negative at 3.48 billion EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit804 million746 million+7.8%
Total assets221 billion173 billion+27.5%
Total liabilities186 billion147 billion+26.1%
Shareholders' equity35.01 billion25.86 billion+35.4%
Total liabilities and equity221 billion173 billion+27.5%
Operating cash flow-3.48 billion8.84 billion−139.4%
Investing cash flow-2.8 billion985 million−384.5%
Financing cash flow-747 million-459 million−62.7%
Net change in cash-7.03 billion9.36 billion−175.1%

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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