Banque Du Caire (BQDC) Q1 2026 earnings summary

Executive summary

• Q1 2026 net profit after tax rose to EGP 4,144,888 thousand from EGP 3,355,429 thousand; total assets were EGP 589,858,813 thousand at 31 March 2026.

• Profit before tax increased to EGP 5,972,996 thousand from EGP 4,861,057 thousand, supported by retail, treasury, corporate and SME performance.

• Net interest and fee income grew YoY, while lower credit-loss charges and higher administrative expenses affected results.

Financial highlights

• Net interest income was EGP 9,340,604 thousand versus EGP 8,480,301 thousand; net fee and commission income was EGP 1,577,359 thousand versus EGP 1,420,321 thousand.

• Interest and similar income was EGP 23,235,277 thousand versus EGP 22,416,431 thousand; interest expense was EGP 13,894,673 thousand versus EGP 13,936,130 thousand.

• ECL charge fell to EGP 531,376 thousand from EGP 1,553,623 thousand; administrative expenses rose to EGP 4,041,199 thousand from EGP 3,498,589 thousand.

• Total comprehensive income was EGP 2,587,000 thousand versus EGP 3,380,866 thousand, reflecting EGP 1,559,520 thousand of net other comprehensive losses.

• Basic EPS was EGP 0.37 versus EGP 0.34 in Q1 2025.

Segment performance

• Profit before tax growth was supported by retail, treasury, corporate and SME performance.

• At 31 March 2026, geographic assets were EGP 500,219,572 thousand in Cairo, EGP 56,909,919 thousand in Alex/Delta/Sinai, EGP 25,857,845 thousand in Upper Egypt and EGP 6,871,477 thousand outside Egypt.