Al Baraka Bank 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 profit786 millionEGP · −64.6% 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 Q1 2024 was about 786 million EGP, down −64.6% from 2.22 billion EGP in Q1 2023.
- Total assets at the end of Q1 2024 were about 128 billion EGP, and shareholders' equity about 12.55 billion EGP.
- Operating cash flow for Q1 2024 was positive at 4.71 billion EGP.
Key lines against the same period a year earlier
This periodQ1 2023Change
Net profit786 million2.22 billion−64.6%
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. Figures are as shown in the published statement summary; quarterly figures may be cumulative from the start of the fiscal year.
Al Baraka Bank's Q3 2026 results, the day they are published
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