Get startedLog in
    Picture of Commercial International Bank Egypt CIB logo

    CBKD — Commercial International Bank Egypt CIB News Story

    0.000.00%
    gb flag iconLast trade - 00:00
    FinancialsAdventurousLarge CapNeutral
    All News

    Commercial Int Bank - 3rd Quarter Results

    Picture of Commercial International Bank Egypt CIB logoCommercial International Bank Egypt CIB
    04/11/2025 07:00
    RNS Number : 0095G

Commercial Intnl Bank (Egypt) SAE

03 November 2025

 


    Condensed Separate Interim Statement of Financial Position as at September 30, 2025
    NotesSep. 30, 2025Dec. 31, 2024
    Assets
    Cash and balances at the central bank1020,916,631136,165,920
    Due from banks11228,152,325270,089,441
    Loans and advances to banks, net1326,914,8849,555,410
    Loans and advances to customers, net14452,110,898340,955,698
    Derivative financial instruments1,222,908819,711
    Financial investments
    - Financial Assets at Fair Value through P&L152,203,869-
    - Financial Assets at Fair Value through OCI15329,796,707233,029,903
    - Financial Assets at Amortized cost15228,915,634167,276,956
    Investments in subsidiaries and associates161,255,421871,525
    Non-current assets held for sale30159,828159,828
    Other assets1749,915,05644,175,232
    Deferred tax assets2,457,4932,337,304
    Property and equipment185,470,6423,881,620
    Total assets1,349,492,2961,209,318,548
    Liabilities and equity
    Liabilities
    Due to banks197,043,8812,317,715
    Due to customers201,043,204,762967,895,387
    Derivative financial instruments223,670100,571
    Current income tax liabilities15,857,81818,327,968
    Other liabilities2126,802,78021,347,499
    Issued debt instruments224,779,4615,067,781
    Other loans30,249,27823,962,389
    Other provisions2314,478,19018,613,060
    Total liabilities1,142,639,8401,057,632,370
    Equity
    Issued and paid capital30,708,51030,431,580
    Reserves105,209,97463,125,912
    Reserve for employee stock ownership plan (ESOP)2,071,2471,868,235
    Retained earnings*68,862,72556,260,451
    Total equity and net profit for the period / year206,852,456151,686,178
    Total liabilities and equity1,349,492,2961,209,318,548
    The accompanying notes are an integral part of these financial statements.
    (Review report attached)
    *Including net profit for the period
    

 


    Condensed Separate Interim Income Statement for the period ended September 30, 2025
    Last 9 MonthsLast 9 Months
    NotesSep. 30, 2025Sep. 30, 2024
    Interest and similar income157,761,416130,537,149
    Interest and similar expense(79,403,286)(65,010,779)
    Net interest income78,358,13065,526,370
    Fee and commission income11,565,7849,257,495
    Fee and commission expense(5,224,939)(4,048,928)
    Net fee and commission income6,340,8455,208,567
    Dividend income125,185100,858
    Net trading income61,276,50218,177,630
    Profits (Losses) on financial investments15.1598,228377,992
    Administrative expenses(11,880,346)(8,795,429)
    Other operating income (expenses)7687,384(17,980,232)
    Impairment release (charges) for credit losses97,976,997(3,741,208)
    Profit before income tax83,482,92558,874,548
    Income tax expense27(21,867,730)(16,964,163)
    Deferred tax assets (Liabilities)27592,311646,991
    Net profit for the period62,207,50642,557,376
    Earnings per share8
    Basic18.5412.50
    Diluted18.3612.38
    

 


    Condensed Separate Interim Statement of Comprehensive Income for the period ended September 30, 2025
    Last 9 MonthsLast 9 Months
    Sep. 30, 2025Sep. 30, 2024
    Net profit for the period62,207,50642,557,376
    Transferred to RE from financial assets at fair value through OCI3,586(370,224)
    Net change on financial assets at fair value through comprehensive income after tax6,805,8368,284,110
    Effect of ECL on fair value of debt instruments measured at fair value through comprehensive income(399,884)624,524
    Total comprehensive income for the period68,617,04451,095,786
    

 


    Condensed Separate Interim Cash Flows for the period ended September 30, 2025
    NotesSep. 30, 2025Sep. 30, 2024
    Cash flow from operating activities
    Profit before income tax83,482,92558,874,548
    Adjustments to reconcile profits to net cash provided by operating activities
    Fixed assets depreciation181,244,370763,079
    Impairment release/charge for credit losses (Loans and advances to customers and banks)9(7,980,073)4,226,051
    Net charged/released for other provisions23(4,080,370)429,182
    Impairment release/charge for credit losses (due from banks)9151,236(5)
    Impairment release/charge for credit losses (financial investments)9(148,160)(484,838)
    Impairment release/charge for other assets-(11,956)
    Exchange revaluation differences for financial assets at fair value through OCI and AC4,669,694(18,536,183)
    Revaluation differences impairment charge for Financial Assets at Fair value through OCI(225,004)1,199,896
    Revaluation differences impairment charge for Financial Assets at Amortized cost(16,709)107,207
    Revaluation differences impairment charge for due from banks(7,813)107
    Net utilized/recovered for other provisions23(2,039)(9,196)
    Exchange revaluation differences of other provisions23(52,461)3,963,023
    Profits/losses from selling property and equipment(8,006)(2,254)
    Profits/losses from selling financial investments at fair value through OCI15.1(416,668)(377,992)
    Profits/losses from selling investments in associates15.1(181,560)-
    Share based payments990,324804,345
    Operating profits before changes in operating assets and liabilities77,419,68650,945,014
    Net decrease / increase in assets and liabilities
    Due from banks158,353,929(24,748,544)
    Financial assets at fair value through P&L(2,203,869)(2,066,889)
    Derivative financial instruments(306,569)(229,127)
    Loans and advances to banks and customers(120,567,170)(74,803,105)
    Other assets(2,706,703)(14,036,648)
    Due to banks194,726,166(8,606,431)
    Due to customers2075,309,375221,382,197
    Current income tax obligations paid(6,009,912)(2,694,657)
    Other liabilities(12,872,687)(6,305,033)
    Net cash generated from (used in) operating activities171,142,246138,836,777
    Cash flow from investing activities
    Proceeds from sale of investments in associates339,92011,956
    Payments for investment in subsidiaries(542,256)(200,000)
    Payments for purchases of property, equipment and branches construction(5,833,944)(2,284,236)
    Proceeds from selling property and equipment78,0062,254
    Proceeds from redemption of financial assets at amortized cost21,249,0231,093,724
    Payments for purchases of financial assets at amortized cost(83,115,289)(105,723,312)
    Payments for purchases of financial assets at fair value through OCI(192,334,673)(21,646,713)
    Proceeds from selling financial assets at fair value through OCI98,063,75267,015,091
    Net cash generated from (used in) investing activities(162,165,461)(61,731,236)
    Condensed Separate Interim Cash Flows for the period ended September 30, 2025 (Cont.)
    Sep. 30, 2025Sep. 30, 2024
    Cash flow from financing activities
    Other loans6,286,8897,840,786
    Dividends(14,714,434)(5,078,792)
    Issued debt instruments(288,320)1,738,393
    Capital increase276,930236,570
    Net cash generated from (used in) financing activities(8,438,935)4,736,957
    Net (decrease) increase in cash and cash equivalent during the period537,85081,842,498
    Beginning balance of cash and cash equivalent227,028,744233,912,193
    Cash and cash equivalent at the end of the period227,566,594315,754,691
    Cash and cash equivalent comprise:
    Cash and balances at the central bank1020,916,63194,285,689
    Due from banks228,295,965304,041,410
    Treasury bills and other governmental notes12140,546,84082,174,775
    Obligatory reserve balance with CBE(2,725,245)(76,128,521)
    Due from banks with maturity more than three months(19,202,757)(17,846,556)
    Treasury bills and other governmental notes with maturity more than three months(140,264,840)(70,772,106)
    Total cash and cash equivalent227,566,594315,754,691
    

 

 


    Condensed Separate Interim statement of changes in shareholders' equity
    Issued and paid capitalLegal reserveGeneral reserveGeneral risk reserveSpecial reserveCapital reserveReserve for financial assets at fair value through OCIBanking risks reserveRetained earningsReserve for employee stock ownership planTotal
    Sep. 30, 2024
    Beginning Balance at 1 January 202430,195,0104,770,35439,840,7071,549,445-21,155(16,808,265)15,23029,230,3601,486,01090,300,006
    Capital increase236,570---------236,570
    Transferred to reserves-1,438,32022,582,085--1,663--(23,398,943)(623,125)-
    Dividend paid--------(5,366,429)-(5,366,429)
    Net profit for the period--------42,557,376-42,557,376
    Transferred to RE from financial assets at fair value through OCI------(370,224)-370,224--
    Net change on financial assets at fair value through OCI after tax------8,284,110---8,284,110
    Transferred (from) to banking risk reserve-------2,694(2,694)--
    Effect of ECL on debt instruments measured at fair value through OCI------624,524---624,524
    Cost of employees stock ownership plan (ESOP)---------804,345804,345
    Balance at 30 September 202430,431,5806,208,67462,422,7921,549,445-22,818(8,269,855)17,92443,389,8941,667,230137,440,502
    Issued and paid capitalLegal reserveGeneral reserveGeneral risk reserveSpecial reserveCapital reserveReserve for financial assets at fair value through OCIBanking risks reserveRetained earningsReserve for employee stock ownership planTotal
    Sep. 30, 2025
    Beginning Balance at 1 January 202530,431,5806,208,67462,422,7921,549,445-22,818(7,095,741)17,92456,260,4511,868,235151,686,178
    Capital increase276,930---------276,930
    Transferred to reserves-2,771,28419,758,610--2,246--(21,744,828)(787,312)-
    Dividends paid--------(14,714,434)-(14,714,434)
    Net profit for the period--------62,207,506-62,207,506
    Transferred to RE from financial assets at fair value through OCI------3,586-(3,586)--
    Transferred from net profit to special reserve----13,145,012---(13,145,012)--
    Net change on financial assets at fair value through OCI after tax------6,805,836---6,805,836
    Transferred (from) to banking risk reserve-------(2,628)2,628--
    Effect of ECL on debt instruments measured at fair value through OCI------(399,884)---(399,884)
    Cost of employees stock ownership plan (ESOP)---------990,324990,324
    Balance at 30 September 202530,708,5108,979,95882,181,4021,549,44513,145,01225,064(686,203)15,29668,862,7252,071,247206,852,456
    

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
QRTUPGGWGUPAGBW

    Recent news on Commercial International Bank Egypt CIB

    See all news