REG - Commercial Int Bank - FY25 Earnings Release

Commercial International Bank Egypt CIBAnnouncement

10/02/2026 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260210:nRSJ3242Sa&default-theme=true

RNS Number : 3242S  Commercial Intnl Bank (Egypt) SAE  10 February 2026

 

http://www.rns-pdf.londonstockexchange.com/rns/3242S_1-2026-2-9.pdf (http://www.rns-pdf.londonstockexchange.com/rns/3242S_1-2026-2-9.pdf)

News Release

9 February 2026

COMMERCIAL INTERNATIONAL BANK ("CIB") REPORTS

FULL-YEAR 2025 CONSOLIDATED REVENUE OF EGP 117 BILLION AND NET INCOME

OF EGP 82.2 BILLION, OR EGP 18.2 PER SHARE, UP 49% FROM FULL-YEAR 2024

FOURTH-QUARTER 2025 CONSOLIDATED REVENUE OF EGP 33.7 BILLION AND NET INCOME OF
EGP 20.1 BILLION, UP 57% FROM FOURTH-QUARTER 2024

·    Fourth-Quarter 2025 Consolidated Financial Results

o  Net income of EGP 20.1 billion, up 57% year-on-year (YoY)

o  Revenues of EGP 33.7 billion, up 25% YoY

o  Return on average equity (ROAE) of 36.7%

o  Return on average assets (ROAA) of 5.76%

o  Efficiency ratio of 15.2%

o  Net interest margin (NIM) 1  (#_ftn1) of 9.05%

·    Full-Year 2025 Consolidated Financial Results

o  Net income of EGP 82.2 billion, up 49% YoY

o  Revenues of EGP 117 billion, up 19% YoY

o  ROAE(( 2  (#_ftn2) )) of 48.3%

o  ROAA(2) of 6.29%

o  Efficiency ratio of 15.0%

o  NIM1 of 8.95%

·    Balance Sheet Performance

o  Total tier capital recorded EGP 221 billion, or 27.3% of risk-weighted
assets.

o  CBE local currency liquidity ratio of 54.7%, foreign currency liquidity
ratio of 51.3% (comfortably above CBE requirements of 20% and 25%,
respectively)

o  CIB remains well above the 100% requirement in the Basel III NSFR and LCR
ratios.

o  High quality of funding, with customer deposits comprising 92% of total
liabilities

o  Non-performing loans coverage ratio of 358%

·    Supporting our Economy

o  Funding to businesses and individuals recorded EGP 576 billion, growing by
44% through full-year 2025, with real growth of 47% net of the EGP
appreciation impact, with a loan market share of 5.26%(( 3  (#_ftn3) )).

o  Deposits recorded EGP 1.11 trillion, growing by 14% through full-year
2025, with real growth of 17% net of the EGP appreciation impact, with a
deposit market share of 6.81%(3).

o  Loan-to-Deposit Ratio recorded 52.1% by end of full-year 2025.

o  In Full-Year 2025, CIB's operations generated EGP 34.4 billion in
corporate, payroll and other taxes.

·    Committed to our Community

o  CIB Foundation funded "Magdi Yacoub Heart Foundation" with the first
installment to sponsor 100 pediatric open-heart surgeries and 200 pediatric
catheterizations.

o  CIB Foundation continued sponsoring "5737 Children Cancer Hospital" to
cover the annual operating costs for Patient-Care.

o  CIB Foundation financed "Raie Masr Foundation" with the amount needed to
operate 500 comprehensive medical convoys.

o  CIB Foundation funded the equipment of the Pediatric Ophthalmic Clinic at
the "Alexandria University Hospital".

o  CIB Foundation continued financing "Maghrabi Foundation" to perform 1,800
pediatric eye surgeries.

o  CIB Foundation started funding the "Ministry of Health and Population" to
purchase Continuous Glucose Monitoring Devices for diabetic children.

·    Awards & Rankings

o  Global Finance:

§ Best FX Bank in Egypt

§ Best Bank for Sustainable Financing in Emerging Markets

§ Best Bank for Sustainability Transparency

§ Best Private Bank Award

§ Best SME Bank Award

§ Best Trade Finance Award

§ Lifetime Achievement Award

§ Best Bank for Cash Management in Egypt

§ Best Sub-Custodian Bank

o  MEED:

§ Best SME Bank in Egypt

§ Excellence in Supply Chain Financing

§ Best Bank in Egypt

§ Best ESG Strategy

§ Best Sustainable Finance Initiative

§ CEO of the Year

o  Finnovex:

§ Excellence in Digital Banking in North Africa

o  African Banker:

§ Best Regional Bank in North Africa

o  Euromoney:

§ Best Bank in Egypt

§ Best Bank for Sustainable Finance in Egypt

§ Best Digital Bank in Egypt

§ Best Transaction Bank in Egypt

o  The Banker:

§ Best Bank in Egypt

CAIRO - Commercial International Bank (EGX: COMI) today reported
fourth-quarter 2025 consolidated net income of EGP 20.1 billion, up by 57%
from fourth-quarter 2024. Full-Year 2025 consolidated net income recorded EGP
82.2 billion, or EGP 18.2 per share, up by 49% from full-year 2024.

Management Commented: "Echoing the relative stability and predictability
witnessed in local macroeconomic conditions, while remaining committed to
elevate the overall customer banking experience, CIB ended 2025 on a high
note, delivering another remarkable set of results. Full-Year 2025 bottom line
recorded EGP 82.2 billion, growing by 49% from last year, translating into USD
1.7 billion, growing by 59% in USD terms. Even upon normalizing for the
positive impact of the released provision amount pertaining to the
recalibration of the Bank's Expected Credit Loss (ECL) Model, highlighted in
our previous Earnings Release, CIB full-year 2025 bottom line would record EGP
70.6 billion or USD 1.5 billion, translating into a healthy YoY growth of 28%,
and of 36% in USD terms. This fed into a Return on Average Equity (ROAE)
reported at 48.3%, and of 41.5% upon excluding the ECL recalibration impact.
It is worth reiterating that this released provision amount is neither
recognized in the Bank's Capital Base and Capital Adequacy Ratio (CAR) nor in
its Net Profit Available for Distribution, as per CBE Instructions.

Such singular performance was primarily driven by genuine growth in core
business activities, with CIB growing its top line by 19% YoY, backed by
healthy balance sheet growth of 19%, while simultaneously upholding margins at
8.95%, with a contained YoY decrease of 53 basis points (bp) despite the steep
cuts in Local Policy Rates by 725bp witnessed through the year, in light of
gradual easing of inflationary pressures. This was largely backed by robust
growth in the Bank's Deposit Base, adding EGP 137 billion or 14% from last
year, to reach EGP 1.1 trillion, with Local Currency Deposits growing by 21%
or EGP 115 billion, coupled with Foreign Currency Deposits adding around USD 1
billion, a 12% growth. Simultaneously, CIB managed to increase the share of
Current Accounts and Saving Accounts (CASA) to Total Deposits from 56% last
year to 61% this year, further supporting margins and spreads against the
decreasing interest-rate environment.

Moreover, this year saw strong lending activity for CIB, which fed into robust
growth in the Bank's sustainable stream of Non-Interest Income, with Net Fee
and Commission Income growing remarkably by 30% from last year. In particular,
CIB grew its Gross Loan Portfolio by 44% or EGP 177 billion, to record EGP 576
billion, and EGP 617 billion upon accounting for Securitization Deals, with
Local Currency Loans growing by 56% or EGP 157 billion, coupled with FCY Loans
growing by 24% or USD 562 million. This was largely driven by accelerated
lending activity to Corporate Clients, with Corporate Loans growing by an
impressive 45%, adding EGP 139 billion, of which around 55% came in CAPEX, and
with the Bank's share of lending to Small-and-Medium-Sized-Enterprises (SMEs)
recording 26%. As such, the Gross Loan-to-Deposit Ratio for CIB recorded 52%
by end of 2025, up from 41% last year, and recorded 56% upon further
accounting for Securitization Deals, with the local currency portion reaching
an all-time-high of 71%.

The aforementioned comes as a further testament to the commitment of CIB to
its societal role in extending funding to Businesses and Individuals, cemented
by a comfortable CAR level of 27%, and a Common Equity Tier I (CET1) Capital
Ratio of 23%, upon accounting for the Proposed Profit Appropriation Account
for 2025, which entails a proposed Cash Dividend to Shareholders that
represents a Payout Ratio of 25% of 2025 Net Profit, and of 30% of the
distributable portion therein. This strong capital position is a byproduct of
the Bank's strong financial performance and robust profitability delivered
over the years, which comes sufficiently accommodating for further expected
commercial lending growth as well as for any potential acquisition targets
under assessment and the investment envelope embedded in the Bank's Five-year
Strategy, inclusive of its Digital Expansion aspirations. On that note, we
would like to highlight that CIB has already applied for the Digital Bank
License, which, once received, we would be ready to pilot our Digital Bank.

The Bank's solid financial performance came supported by a sound digital
infrastructure, which allowed CIB to continue to pioneer in Digital Banking
and Alternative Channels. This came clearly reflected in the significant
increase in volume and value of transactions, serving more than 2.0 million
users in Online Banking Digital Platforms by end of 2025, recording a 19%
increase from last year, and with 60% increase in transaction value, to reach
EGP 5.3 trillion across all of the Bank's Digital Channels. In tandem, CIB
managed to attract more than 393 thousand of New-to-Bank Customers during
2025, with the CIB Clientele Base reaching 2.5 million customers by 2025
Year-End. Further, and aided by its novel Credit Card concept introductions
during 2025, CIB managed to increase the total number of Credit Cards issued
during 2025 to over 182 thousand cards, compared to around 171 thousand cards
issued last year, which, coupled with increasing the limits for over 26
thousand cards, fed into 21% growth in the Bank's Credit Card Portfolio
compared to last year.

Well-Capitalizing on its Shared Service Model, CIB-Group witnessed a
turn-around in the financial performance of CIB-Kenya this year, which
generated a positive before-tax income for the first time since acquisition.
This further attests the focus placed by CIB Management on the performance of
the Bank's Subsidiaries, with special regard to CIB-Kenya, which Management
deems as an African Trade Hub for CIB.

Moving into 2026, Management remains positive about the economic outlook for
Egypt, in general, and about the ability of CIB, in particular, to safeguard
and create value to its shareholders, while remaining at the forefront of
change and while readily embarking on its five-year journey ahead."

FOURTH-QUARTER 2025 FINANCIAL HIGHLIGHTS

 

REVENUES

Fourth-quarter 2025 standalone revenues were EGP 32.7 billion, up 22% from
fourth-quarter 2024. Full-Year 2025 standalone revenues were EGP 116 billion,
up 18% from full-year 2024, backed by 18% increase in net interest income,
coupled with 12% increase in non-interest income.

NET INTEREST INCOME

Full-Year 2025 standalone net interest income recorded EGP 107 billion,
increasing by 18% YoY, generated at 8.95% Total NIM(1), which decreased by
53bp YoY, with Local Currency NIM1 recording 13.0%, coming 10bp lower YoY, and
with Foreign Currency NIM1 recording 2.50%, decreasing by 85bp YoY.

 

 

 

 

 

NON-INTEREST INCOME

Full-Year 2025 standalone non-interest income recorded EGP 8.75 billion,
increasing by 12% YoY. Trade service fees recorded EGP 3.54 billion, with
outstanding balance of EGP 297 billion 4  (#_ftn4) .

OPERATING EXPENSE

Full-Year 2025 standalone operating expense recorded EGP 16.8 billion, up 26%
YoY. Cost-to-income reported 14.5%, coming 100bp higher YoY, yet remaining
comfortably below the desirable level of 30%.

LOANS

Gross Loans recorded EGP 576 billion, growing by 44% or EGP 177 billion
through full-year 2025, with real growth of 47% or EGP 184 billion net of the
EGP appreciation impact, generated by LCY Loan Bookings of 56% or EGP 157
billion, together with FCY Loans growing by 24% or USD 562 million. CIB's loan
market share reached 5.26% as of September 2025, with private corporate loan
market share recording 9.96% as of August 2025 5  (#_ftn5) .
 

DEPOSITS

Deposits recorded EGP 1.11 trillion, growing by 14% or EGP 137 billion through
full-year 2025, with real growth of 17% or EGP 163 billion net of the EGP
appreciation impact, generated by LCY Deposits adding 21% or EGP 115 billion,
coupled with FCY Deposits adding 12% or USD 993 million. CIB's deposit market
share recorded 6.81% as of September 2025.

ASSET QUALITY

Standalone non-performing loans represented 1.67% of the gross loan portfolio,
and were covered 358% by the Bank's EGP 34.5 billion loan loss provision
balance. Full-Year 2025 impairment for credit losses recorded a release of EGP
8.92 billion, compared to a charge of EGP 4.47 billion in full-year 2024.

CAPITAL AND LIQUIDITY

Total tier capital recorded EGP 221 billion, or 27.3% of risk-weighted assets
as of December 2025. Tier I capital reached EGP 186 billion, or 84% of total
tier capital. CIB maintained its comfortable liquidity position above CBE
requirements and Basel III guidelines in both local currency and foreign
currency. CBE liquidity ratios remained well above the regulator's
requirements, with local currency liquidity ratio recording 54.7% by end of
December 2025, compared to the regulator's threshold of 20%, and with foreign
currency liquidity ratio reaching 51.3%, above the regulator's threshold of
25%. NSFR recorded 186% for both local and foreign currency, and LCR was 549%
for local currency and 567% for foreign currency, comfortably above the 100%
Basel III requirement.

KEY METRICS AND BUSINESS UPDATES(( 6  (#_ftn6) ))

o  #1 private-sector bank in Egypt in terms of revenues, net income,
deposits, loans, and total assets.

INSTITUTIONAL BANKING

o  End-of-period gross loans recorded EGP 468 billion.

o  End-of-period deposits recorded EGP 343 billion.

o  Gross outstanding contingent business reached EGP 305 billion.

BUSINESS BANKING

o  End-of-period gross loans recorded EGP 16 billion.

o  End-of-period deposits recorded EGP 116 billion.

o  Gross outstanding contingent business reached EGP 7.65 billion.

RETAIL INDIVIDUALS BANKING

o  End-of-period gross loans recorded EGP 92 billion.

o  End-of-period deposits recorded EGP 646 billion.

o  CIB continued to expand its network to reach a total of 204 branches and
10 units across Egypt, supported by a network of 1,434 ATMs.

 

 

 

 CONSOLIDATED FINANCIAL HIGHLIGHTS

 Income Statement           4Q25           3Q25          QoQ Change        4Q24          YoY Change        FY25           FY24           YoY Change
                            EGP million    EGP million   (4Q25 vs. 3Q25)   EGP million   (4Q25 vs. 4Q24)   EGP million    EGP million   (FY25 vs. FY24)
 Net Interest Income       29,046         27,318         6%               25,381         14%              107,700        91,064         18%
 Non-Interest Income       4,704          1,495          215%             1,609          192%             9,733          7,892          23%
 Net Operating Income      33,750         28,813         17%              26,991         25%              117,433        98,956         19%
 Non-Interest Expense      (5,129)        (4,517)        14%              (4,715)        9%               (17,562)       (13,896)       26%
 Total Provisions*         (329)          12,735         NM               (3,761)        -91%             11,711         (7,925)        NM
 Net Profit before Tax     28,291         37,031         -24%             18,514         53%              111,582        77,136         45%
 Income Tax                (8,053)        (8,380)        -4%              (6,341)        27%              (29,895)       (23,549)       27%
 Deferred Tax              (80)           103            NM               736            NM               572            1,670          -66%
 Net Profit for the Year   20,159         28,754         -30%             12,909         56%              82,259         55,257         49%
 Non-Controlling Interest  19.4           (0.4)          NM               60.4           -68%             20.0           60.3           -67%
 Bank's Shareholders       20,139         28,754         -30%             12,848         57%              82,239         55,196         49%

 Financial Indicators       4Q25           3Q25           QoQ Change       4Q24           YoY Change       FY25           FY24           YoY Change
                                                         (4Q25 vs. 3Q25)                 (4Q25 vs. 4Q24)                                (FY25 vs. FY24)
 Profitability
 ROAE**                    36.7%          59.8%          -39%             35.3%          4%               48.3%          49.5%          -2%
 ROAA**                    5.76%          8.59%          -33%             4.40%          31%              6.29%          5.44%          16%
 Efficiency
 Cost-to-Income            15.2%          15.7%          -3%              17.5%          -13%             15.0%          14.0%          6%
 Liquidity
 Gross Loans-to-Deposits   52.3%          49.9%          5%               41.4%          27%              52.3%          41.4%          27%
 Asset Quality
 NPLs-to-Gross Loans       1.71%          2.52%          -32%             3.30%          -48%             1.71%          3.30%          -48%
 Capital Adequacy Ratio    27.3%          30.2%          -10%             24.1%          13%              27.3%          24.1%          13%

*Total Provisions include "ECL release (charges) for credit losses" and
"Release (charges) of other provisions", reported under "Other operating
income (expenses)".

**Full-Year ROAE and ROAA are after profit appropriation.

 

 STANDALONE FINANCIAL HIGHLIGHTS

 Income Statement          4Q25           3Q25          QoQ Change        4Q24          YoY Change        FY25           FY24           YoY Change
                           EGP million    EGP million   (4Q25 vs. 3Q25)   EGP million   (4Q25 vs. 4Q24)   EGP million    EGP million   (FY25 vs. FY24)
 Net Interest Income      28,865         27,207         6%               25,290         14%              107,223        90,816         18%
 Non-Interest Income      3,806          1,478          157%             1,484          157%             8,754          7,786          12%
 Net Operating Income     32,671         28,685         14%              26,774         22%              115,977        98,602         18%
 Non-Interest Expense     (4,959)        (4,336)        14%              (4,538)        9%               (16,839)       (13,334)       26%
 Total Provisions*        (249)          12,736         NM               (3,709)        -93%             11,809         (7,867)        NM
 Net Profit before Tax    27,463         37,085         -26%             18,526         48%              110,946        77,401         43%
 Income Tax               (8,052)        (8,390)        -4%              (6,317)        27%              (29,920)       (23,281)       29%
 Deferred Tax             191            103            86%              661            -71%             783            1,308          -40%
 Net Profit for the Year  19,602         28,798         -32%             12,871         52%              81,810         55,428         48%

 Financial Indicators      4Q25           3Q25           QoQ Change       4Q24           YoY Change       FY25           FY24           YoY Change
                                                        (4Q25 vs. 3Q25)                 (4Q25 vs. 4Q24)                                (FY25 vs. FY24)
 Profitability
 ROAE**                   35.9%          60.2%          -40%             35.6%          1%               48.4%          50.0%          -3%
 ROAA**                   5.63%          8.65%          -35%             4.43%          27%              6.29%          5.48%          15%
 NIM***                   9.05%          8.88%          2%               9.43%          -4%              8.95%          9.48%          -6%
 Efficiency
 Cost-to-Income           15.2%          15.1%          0.4%             17.0%          -10%             14.5%          13.5%          7%
 Liquidity
 Gross Loans-to-Deposits  52.1%          49.7%          5%               41.3%          26%              52.1%          41.3%          26%
 Asset Quality
 NPLs-to-Gross Loans      1.67%          2.48%          -33%             3.24%          -48%             1.67%          3.24%          -48%
 Direct Coverage Ratio    358%           281%           27%              351%           2%               358%           351%           2%

*Total Provisions include "ECL release (charges) for credit losses" and
"Release (charges) of other provisions", reported under "Other operating
income (expenses)".

**Full-Year ROAE and ROAA are after profit appropriation.

***NIM is based on managerial accounts.

 

 

 

 

                                               Consolidated                                       Standalone
 BALANCE SHEET                                 Dec-25         Dec-24         YoY Change           Dec-25         Dec-24         YoY Change
                                                EGP million    EGP million   (Dec-25 vs. Dec-24)   EGP million    EGP million   (Dec-25 vs. Dec-24)
 Cash and Balances at The Central Bank         88,876         136,531        -35%                 88,095         136,166        -35%
 Due from Banks                                135,237        270,830        -50%                 136,582        270,089        -49%
 Net Loans and Advances                        542,395        353,098        54%                  537,802        350,511        53%
 Derivative Financial Instruments              620            820            -24%                 620            820            -24%
 Financial Investments                         613,070        402,630        52%                  609,866        400,307        52%
 Investments in Associates and Subsidiaries    45             98             -54%                 1,157          872            33%
 Other Assets                                  62,251         50,966         22%                  62,031         50,554         23%
 Total Assets                                  1,442,494      1,214,973      19%                  1,436,153      1,209,319      19%
 Due to Banks                                  3,354          2,035          65%                  3,797          2,318          64%
 Customer Deposits                             1,110,396      972,596        14%                  1,105,356      967,895        14%
 Other Liabilities                             97,230         87,523         11%                  96,986         87,419         11%
 Total Liabilities                             1,210,980      1,062,154      14%                  1,206,138      1,057,632      14%
 Shareholders' Equity & Net Profit             231,486        152,636        52%                  230,015        151,686        52%
 Non-Controlling Interest                      28             183            -85%                 0              0              NM
 Total Liabilities & Shareholders' Equity      1,442,494      1,214,973      19%                  1,436,153      1,209,319      19%

 

 

 

 1  (#_ftnref1) Based on standalone managerial accounts

 2  (#_ftnref2) After 2025 profit appropriation

 3  (#_ftnref3) As of September 2025; latest available CBE data at time of
publishing

 4  (#_ftnref4) Net of Collateral, Gross of Provisions

 5  (#_ftnref5) Latest available CBE data for private corporate loans at time
of publishing

 6  (#_ftnref6) Loan, deposit, and outstanding contingent balances are based
on standalone managerial accounts. Outstanding contingent balances are gross
of collateral and provisions.

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  FR UKRARNBUURUR



            Copyright 2019 Regulatory News Service, all rights reserved