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Al Baraka Bank results, Q2 2024

Net profit, assets, equity and cash flow for Q2 2024, against the same period a year earlier, from the published financial statements.

Net profit778 millionEGP · +35.6% vs the same period a year earlier
Total assets125 billionEGP · +32.9% vs the same period a year earlier
Shareholders' equity10.77 billionEGP · +27.3% vs the same period a year earlier
Operating cash flow3.66 billionEGP · +1247.5% vs the same period a year earlier

In short

  • Al Baraka Bank's net profit for Q2 2024 was about 778 million EGP, up +35.6% from 574 million EGP in Q2 2023.
  • Total assets at the end of Q2 2024 were about 125 billion EGP, and shareholders' equity about 10.77 billion EGP.
  • Operating cash flow for Q2 2024 was positive at 3.66 billion EGP.
Source: the Q2 2024 financial statements

Key lines against the same period a year earlier

This periodQ2 2023Change
Net profit778 million574 million+35.6%
Total assets125 billion93.72 billion+32.9%
Total liabilities114 billion85.26 billion+33.4%
Shareholders' equity10.77 billion8.46 billion+27.3%
Total liabilities and equity125 billion93.72 billion+32.9%
Operating cash flow3.66 billion272 million+1247.5%
Investing cash flow488 million1.57 billion−68.9%
Financing cash flow-969 thousand17 million−105.7%
Net change in cash4.15 billion1.85 billion+123.5%

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 Al Baraka Bank's statements, five yearsAsk the AI analyst about SAUD

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