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Al Baraka Bank results, Q3 2024

Net profit, assets, equity and cash flow for Q3 2024, against the same period a year earlier, from the published financial statements.

Net profit888 millionEGP · +51.9% vs the same period a year earlier
Total assets126 billionEGP · +27.8% vs the same period a year earlier
Shareholders' equity11.68 billionEGP · +28.8% vs the same period a year earlier
Operating cash flow-3.76 billionEGP · −185.1% vs the same period a year earlier

In short

  • Al Baraka Bank's net profit for Q3 2024 was about 888 million EGP, up +51.9% from 585 million EGP in Q3 2023.
  • Total assets at the end of Q3 2024 were about 126 billion EGP, and shareholders' equity about 11.68 billion EGP.
  • Operating cash flow for Q3 2024 was negative at 3.76 billion EGP.
Source: the Q3 2024 financial statements

Key lines against the same period a year earlier

This periodQ3 2023Change
Net profit888 million585 million+51.9%
Total assets126 billion98.35 billion+27.8%
Total liabilities114 billion89.28 billion+27.7%
Shareholders' equity11.68 billion9.07 billion+28.8%
Total liabilities and equity126 billion98.35 billion+27.8%
Operating cash flow-3.76 billion-1.32 billion−185.1%
Investing cash flow1.34 billion463 million+188.5%
Financing cash flow-125 million920 million−113.6%
Net change in cash-2.55 billion64.86 million−4030.0%

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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