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Al Baraka 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 profit3.01 billionEGP · +35.5% vs the same period a year earlier
Total assets128 billionEGP · +27.3% vs the same period a year earlier
Shareholders' equity12.55 billionEGP · +28.9% vs the same period a year earlier
Operating cash flow4.71 billionEGP · +293.9% vs the same period a year earlier

In short

  • Al Baraka Bank's net profit for Fiscal year 2024 was about 3.01 billion EGP, up +35.5% from 2.22 billion EGP in Fiscal year 2023.
  • Total assets at the end of Fiscal year 2024 were about 128 billion EGP, and shareholders' equity about 12.55 billion EGP.
  • Operating cash flow for Fiscal year 2024 was positive at 4.71 billion EGP.
Source: the Fiscal year 2024 financial statements

Key lines against the same period a year earlier

This periodFiscal year 2023Change
Net profit3.01 billion2.22 billion+35.5%
Total assets128 billion100 billion+27.3%
Total liabilities115 billion90.63 billion+27.1%
Shareholders' equity12.55 billion9.74 billion+28.9%
Total liabilities and equity128 billion100 billion+27.3%
Operating cash flow4.71 billion1.2 billion+293.9%
Investing cash flow1.34 billion2.26 billion−40.7%
Financing cash flow293 million707 million−58.6%
Net change in cash6.34 billion4.16 billion+52.5%

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.

Official report (PDF)All of Al Baraka Bank's statements, five yearsAsk the AI analyst about SAUD

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