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Al Baraka Bank results, Q1 2023

Net profit, assets, equity and cash flow for Q1 2023, against the same period a year earlier, from the published financial statements.

Net profit2.22 billionEGP · +26.8% vs the same period a year earlier
Total assets100 billionEGP · +15.2% vs the same period a year earlier
Shareholders' equity9.74 billionEGP · +28.2% vs the same period a year earlier
Operating cash flow1.2 billionEGP · +109.5% vs the same period a year earlier

In short

  • Al Baraka Bank's net profit for Q1 2023 was about 2.22 billion EGP, up +26.8% from 1.75 billion EGP in Q1 2022.
  • Total assets at the end of Q1 2023 were about 100 billion EGP, and shareholders' equity about 9.74 billion EGP.
  • Operating cash flow for Q1 2023 was positive at 1.2 billion EGP.
Source: the Q1 2023 financial statements

Key lines against the same period a year earlier

This periodQ1 2022Change
Net profit2.22 billion1.75 billion+26.8%
Total assets100 billion87.13 billion+15.2%
Total liabilities90.63 billion79.54 billion+13.9%
Shareholders' equity9.74 billion7.59 billion+28.2%
Total liabilities and equity100 billion87.13 billion+15.2%
Operating cash flow1.2 billion-12.65 billion+109.5%
Investing cash flow2.26 billion-6.18 billion+136.5%
Financing cash flow707 million-464 million+252.4%
Net change in cash4.16 billion-3.47 billion+219.8%

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.

The report file for this period has not been published yet.All of Al Baraka Bank's statements, five yearsAsk the AI analyst about SAUD

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