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Al Baraka Bank results, Q2 2023

Net profit, assets, equity and cash flow for Q2 2023, against the same period a year earlier, from the published financial statements.

Net profit574 millionEGP · +38.7% vs the same period a year earlier
Total assets93.72 billionEGP · +13.4% vs the same period a year earlier
Shareholders' equity8.46 billionEGP · +27.8% vs the same period a year earlier
Operating cash flow272 millionEGP · +124.8% vs the same period a year earlier

In short

  • Al Baraka Bank's net profit for Q2 2023 was about 574 million EGP, up +38.7% from 414 million EGP in Q2 2022.
  • Total assets at the end of Q2 2023 were about 93.72 billion EGP, and shareholders' equity about 8.46 billion EGP.
  • Operating cash flow for Q2 2023 was positive at 272 million EGP.
Source: the Q2 2023 financial statements

Key lines against the same period a year earlier

This periodQ2 2022Change
Net profit574 million414 million+38.7%
Total assets93.72 billion82.68 billion+13.4%
Total liabilities85.26 billion76.06 billion+12.1%
Shareholders' equity8.46 billion6.62 billion+27.8%
Total liabilities and equity93.72 billion82.68 billion+13.4%
Operating cash flow272 million-1.09 billion+124.8%
Investing cash flow1.57 billion-616 million+354.1%
Financing cash flow17 million-147 million+111.5%
Net change in cash1.85 billion-1.86 billion+199.8%

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.

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

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