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CIB Condensed Consolidated 3rd Quarter Results

RNS Number : 0124G

Commercial Intnl Bank (Egypt) SAE

04 November 2025


Condensed Consolidated Interim Statement of Financial Position as at September 30, 2025 Click on, or paste the following link into your web browser, to view the associated PDF document http://www.rns-pdf.londonstockexchange.com/rns/0124G_1-2025-11-3.pdf
		Notes	Sep. 30, 2025	Dec. 31, 2024

	Assets
	Cash and balances at the central bank	10	21,886,031	136,531,020
	Due from banks	11	227,409,917	270,829,834
	Loans and advances to banks, net	13	26,914,884	9,555,410
	Loans and advances to customers, net	14	455,719,759	343,542,674
	Derivative financial instruments		1,222,908	819,711
	Financial investments
	- Financial Assets at Fair Value through P&L	15	2,203,869	-
	- Financial Assets at Fair Value through OCI	15	331,039,059	234,512,167
	- Financial Assets at Amortized cost	15	230,685,849	168,118,219
	Investments in associates	16	44,485	98,193
	Other assets	17	50,063,317	44,282,773
	Deferred tax assets		2,855,007	2,685,331
	Property and equipment	18	5,533,749	3,997,929
	Total assets		1,355,578,834	1,214,973,261
	Liabilities and equity
	Liabilities
	Due to banks	19	7,452,244	2,034,885
	Due to customers	20	1,047,463,990	972,595,958
	Non-current liabilities held for sale		1,362	1,397
	Derivative financial instruments		223,670	100,571
	Current income tax liabilities		15,857,818	18,327,968
	Other liabilities	21	27,009,254	21,441,169
	Issued debt instruments	22	4,779,461	5,067,781
	Other loans		30,249,278	23,962,389
	Other provisions	23	14,495,239	18,621,822
	Total liabilities		1,147,532,316	1,062,153,940
	Equity
	Issued and paid capital		30,708,510	30,431,580
	Reserves		105,653,930	63,544,579
	Reserve for employee stock ownership plan (ESOP)		2,071,247	1,868,235
	Retained earnings*		69,374,741	56,791,883
	Total equity and net profit for the period / year		207,808,428	152,636,277
	Non-Controlling Interest		238,090	183,044
	Total NCI, equity and net profit for the period / year		208,046,518	152,819,321
	Total liabilities and equity		1,355,578,834	1,214,973,261


	The accompanying notes are an integral part of these financial statements.
	(Review report attached)
*	Including net profit for the period


Condensed Consolidated Interim Income Statement for the period ended September 30, 2025
		Last 9 Months	Last 9 Months
	Notes	Sep. 30, 2025	Sep. 30, 2024

Interest and similar income		158,400,209	130,999,623
Interest and similar expense		(79,746,672)	(65,316,717)
Net interest income		78,653,537	65,682,906

Fee and commission income		11,609,232	9,274,284
Fee and commission expense		(5,227,210)	(4,049,111)
Net fee and commission income		6,382,022	5,225,173

Dividend income		65,216	70,934
Net trading income	6	1,282,250	18,194,491
Profits (Losses) on financial investments	15.1	694,076	377,992
Administrative expenses		(12,432,780)	(9,180,646)
Other operating income (expenses)	7	668,432	(17,995,808)
Impairment release (charges) for credit losses	9	7,968,084	(3,745,003)
Bank's share in the profits / losses of associates		9,787	(8,533)
Profit before income tax		83,290,624	58,621,506

Income tax expense	29	(21,842,182)	(17,207,903)
Deferred tax assets (Liabilities)	29	651,822	934,295
Net profit for the period		62,100,264	42,347,898

Non-Controlling Interest		569	(45)
Bank's shareholders		62,099,695	42,347,943

Earnings per share	8
Basic		18.54	12.50
Diluted		18.36	12.38

Condensed Consolidated Interim statement of Comprehensive Income for the period ended September 30, 2025
	Last 9 Months	Last 9 Months
	Sep. 30, 2025	Sep. 30, 2024

Net profit for the period	62,100,264	42,347,898

Transferred to RE from financial assets at fair value through OCI	(110,995)	(370,224)
Net change on financial assets at fair value through comprehensive income after tax	7,306,189	8,272,930
Cumulative foreign currencies translation differences	(274,766)	883,684
Effect of ECL on debt instruments measured at fair value through OCI	(397,890)	623,199
Total comprehensive income for the period	68,622,802	51,757,487


As follows:
Bank's shareholders	68,508,336	51,757,532
Non-Controlling Interest	114,466	(45)
Total comprehensive income for the period	68,622,802	51,757,487


Condensed Consolidated Interim Cash flows for the period ended September 30, 2025

	Notes	Sep. 30, 2025	Sep. 30, 2024

Cash flow from operating activities
Profit before income tax		83,290,624	58,621,506
Adjustments to reconcile profits to net cash provided by operating activities
Fixed assets depreciation	18	1,680,325	763,079
Impairment release/charge for credit losses (Loans and advances to customers and banks)	9	(7,969,627)	4,224,251
Net charged/released for other provisions	23	(4,072,083)	430,005
Impairment release/charge for credit losses (due from banks)	9	147,709	829
Impairment release/charge for credit losses (financial investments)	9	(146,166)	(480,077)
Impairment release/charge for other assets		105	(11,956)
Exchange revaluation differences for financial assets at fair value through OCI and AC		4,669,694	(18,536,183)
Revaluation differences impairment charge for Financial Assets at Fair value through OCI		(224,869)	1,193,810
Revaluation differences impairment charge for Financial Assets at Amortized cost		(16,709)	107,207
Revaluation differences impairment charge for due from banks		(7,894)	1,308
Net utilized/recovered for other provisions	23	(2,039)	(9,196)
Exchange revaluation differences of other provisions	23	(52,461)	3,962,591
Profits/losses from selling property and equipment		(8,006)	(2,254)
Profits/losses from selling financial investments at fair value through OCI	15.1	(416,668)	(377,992)
Profits/losses from selling investments in associates	15.1	(277,408)	-
Share based payments		990,324	804,345
Bank's share in the profits / losses of associates		(9,787)	8,533
Operating profits before changes in operating assets and liabilities		77,575,064	50,699,806

Net decrease / increase in assets and liabilities
Due from banks		159,740,470	(14,547,420)
Financial assets at fair value through P&L		(2,203,869)	(2,066,889)
Derivative financial instruments		(306,569)	(225,875)
Loans and advances to banks and customers		(121,599,501)	(75,774,541)
Other assets		(2,747,423)	(14,094,581)
Due to banks	19	5,417,359	(8,658,023)
Due to customers	20	74,868,032	223,729,483
Current income tax obligations paid		(5,984,364)	(2,938,397)
Non-current liabilities held for sale		(35)	1,327
Other liabilities		(12,910,605)	(5,488,554)
Net cash generated from (used in) operating activities		171,848,559	150,636,336

Cash flow from investing activities
Proceeds from sale of investments in associates		339,920	11,956
Payments for purchases of property, equipment and branches construction		(6,216,697)	(2,401,070)
Proceeds from selling property and equipment	7	8,006	2,254
Proceeds from redemption of financial assets at amortized cost		21,382,288	1,226,638
Payments for purchases of financial assets at amortized cost		(84,177,641)	(106,105,142)
Payments for purchases of financial assets at fair value through OCI		(191,735,116)	(22,138,419)
Proceeds from selling financial assets at fair value through OCI		98,091,318	55,475,567
Net cash generated from (used in) investing activities		(162,307,922)	(73,928,216)

Condensed Consolidated Interim Cash flows for the period ended September 30, 2025 (Cont.)

		Sep. 30, 2025	Sep. 30, 2024

Cash flow from financing activities
Other loans		6,286,889	7,840,786
Dividends		(14,773,854)	(5,116,159)
Issued debt instruments		(288,320)	1,738,393
Capital increase		276,930	236,570
Net cash generated from (used in) financing activities		(8,498,355)	4,699,590

Net (decrease) increase in cash and cash equivalent during the period		1,042,282	81,407,710
Beginning balance of cash and cash equivalent		226,610,721	234,317,913
Cash and cash equivalent at the end of the period		227,653,003	315,725,623

Cash and cash equivalent comprise:
Cash and balances at the central bank	10	21,886,031	94,568,773
Due from banks		227,553,557	305,240,021
Treasury bills and other governmental notes	12	141,529,607	82,174,775
Obligatory reserve balance with central bank		(2,865,828)	(76,360,420)
Due from banks with maturity more than three months		(19,202,757)	(19,125,420)
Treasury bills and other governmental notes with maturity more than three months		(141,247,607)	(70,772,106)
Total cash and cash equivalent		227,653,003	315,725,623


Condensed Consolidated Interim statement of changes in shareholders' equity
Sep. 30, 2024	Issued and paid capital	Legal reserve	General reserve	General risk reserve	Special reserve	Reserve for transactions under common control	Capital reserve	Reserve for financial assets at fair value through OCI	Banking risks reserve	Retained earnings	Reserve for employee stock ownership plan	Cumulative foreign currencies translation differences	Total Shareholders' Equity	Non-Controlling Interest	Total

Beginning balance	30,195,010	4,770,354	39,840,707	1,550,906	-	(670,972)	21,155	(16,868,691)	15,230	29,993,331	1,486,010	148,353	90,481,393	160,073	90,641,466
Capital increase	236,570	-	-	-	-	-	-	-	-	-	-	-	236,570	-	236,570
Transferred to reserves	-	1,438,320	22,582,085	-	-	-	1,663	-	-	(23,398,943)	(623,125)	-	-	-	-
Net profit for the period	-	-	-	-	-	-	-	-	-	42,347,943	-	-	42,347,943	(45)	42,347,898
Dividends paid	-	-	-	-	-	-	-	-	-	(5,366,429)	-	-	(5,366,429)	(37,367)	(5,403,796)
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	-	-	-	-	-	-	-	8,272,930	-	-	-	-	8,272,930	-	8,272,930
Transferred (from) to banking risk reserve	-	-	-	-	-	-	-	-	21,718	(21,718)	-	-	-	-	-
Effect of ECL on debt instruments measured at fair value through OCI	-	-	-	-	-	-	-	623,199	-	-	-	-	623,199	-	623,199
Cost of employees stock ownership plan (ESOP)	-	-	-	-	-	-	-	-	-	-	804,345	-	804,345	-	804,345
Cumulative foreign currencies translation differences	-	-	-	-	-	-	-	-	-	-	-	883,684	883,684	-	883,684
Ending balance	30,431,580	6,208,674	62,422,792	1,550,906	-	(670,972)	22,818	(8,342,786)	36,948	43,924,408	1,667,230	1,032,037	138,283,635	122,661	138,406,296

Sep. 30, 2025	Issued and paid capital	Legal reserve	General reserve	General risk reserve	Special reserve	Reserve for transactions under common control	Capital reserve	Reserve for financial assets at fair value through OCI	Banking risks reserve	Retained earnings	Reserve for employee stock ownership plan	Cumulative foreign currencies translation differences	Total Shareholders' Equity	Non-Controlling Interest	Total

	30,431,580	6,208,674	62,422,792	1,550,906	-	(670,972)	22,818	(7,145,283)	17,924	56,791,883	1,868,235	1,137,720	152,636,277	183,044	152,819,321
Capital increase	276,930	-	-	-	-	-	-	-	-	-	-	-	276,930	-	276,930
Transferred to reserves	-	2,771,284	19,758,610	-	-	-	2,246	-	-	(21,744,828)	(787,312)	-	-	-	-
Dividends paid	-	-	-	-	-	-	-	-	-	(14,714,434)	-	-	(14,714,434)	(59,420)	(14,773,854)
Net profit for the period	-	-	-	-	-	-	-	-	-	62,099,695	-	-	62,099,695	569	62,100,264
Transferred to RE from financial assets at fair value through OCI	-	-	-	-	-	-	-	(110,995)	-	110,995	-	-	-	-	-
Transferred from net profit to special reserve	-	-	-	-	13,145,012	-	-	-	-	(13,145,012)	-	-	-	-	-
Transferred to general risk reserve	-	-	-	26,186	-	-	-	-	-	(26,186)	-	-	-	-	-
Net change on financial assets at fair value through OCI after tax	-	-	-	-	-	-	-	7,192,292	-	-	-	-	7,192,292	113,897	7,306,189
Transferred (from) to banking risk reserve	-	-	-	-	-	-	-	-	(2,628)	2,628	-	-	-	-	-
Effect of ECL on debt instruments measured at fair value through OCI	-	-	-	-	-	-	-	(397,890)	-	-	-	-	(397,890)	-	(397,890)
Cost of employees stock ownership plan (ESOP)	-	-	-	-	-	-	-	-	-	-	990,324	-	990,324	-	990,324
Cumulative foreign currencies translation differences	-	-	-	-	-	-	-	-	-	-	-	(274,766)	(274,766)	-	(274,766)
Ending balance	30,708,510	8,979,958	82,181,402	1,577,092	13,145,012	(670,972)	25,064	(461,876)	15,296	69,374,741	2,071,247	862,954	207,808,428	238,090	208,046,518

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CIB Condensed Consolidated 3rd Quarter Results - Commercial International Bank (egypt) S.A.E. (GDR) | RNS | Ticker