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Companies·QNB·QNBE

QNB results, Q3 2024

Net profit, assets, equity and cash flow for Q3 2024, against the same period a year earlier, from the published financial statements.

Net profit6.34 billionEGP · −61.0% vs the same period a year earlier
Total assets820 billionEGP · +30.4% vs the same period a year earlier
Shareholders' equity91.03 billionEGP · +36.6% vs the same period a year earlier
Operating cash flow173 billionEGP · +4308.3% vs the same period a year earlier

In short

  • QNB's net profit for Q3 2024 was about 6.34 billion EGP, down −61.0% from 16.23 billion EGP in Q3 2023.
  • Total assets at the end of Q3 2024 were about 820 billion EGP, and shareholders' equity about 91.03 billion EGP.
  • Operating cash flow for Q3 2024 was positive at 173 billion EGP.
Source: the Q3 2024 financial statements

Key lines against the same period a year earlier

This periodQ3 2023Change
Net profit6.34 billion16.23 billion−61.0%
Total assets820 billion629 billion+30.4%
Total liabilities729 billion562 billion+29.7%
Shareholders' equity91.03 billion66.64 billion+36.6%
Total liabilities and equity820 billion629 billion+30.4%
Operating cash flow173 billion-4.11 billion+4308.3%
Investing cash flow-18.75 billion12.86 billion−245.7%
Financing cash flow-3.38 billion714 million−573.9%
Net change in cash151 billion6.51 billion+2218.5%

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 QNB's statements, five yearsAsk the AI analyst about QNBE

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