Banque Du Caire (BQDC) Q2 2026 earnings summary

Executive summary

• H1 2026 net profit after tax was EGP 8,941,828 thousand, versus EGP 7,338,970 thousand in H1 2025; total assets reached EGP 561,219,710 thousand at June 30, 2026.

• Operating income increased 9% to EGP 22.1bn; profit before tax was EGP 12,979,432 thousand, with contributions from retail, treasury, corporate and SME segments.

• The limited review concluded that nothing came to the reviewers’ attention indicating the interim statements were materially misstated under applicable CBE rules.

Financial highlights

• H1 net interest income was EGP 18,792,029 thousand, versus EGP 16,975,006 thousand; net fee and commission income was EGP 3,427,379 thousand, versus EGP 2,994,078 thousand.

• Income tax expense was EGP 4,037,604 thousand, versus EGP 3,353,141 thousand; administrative expenses increased to EGP 8,182,481 thousand from EGP 7,009,989 thousand.

• H1 expected credit loss charge was EGP 1,020,810 thousand, down from EGP 3,118,730 thousand.

• Total comprehensive income was EGP 7,779,574 thousand, versus EGP 7,508,900 thousand; other comprehensive income items were a net loss of EGP 1,173,142 thousand.

• Total equity increased 7% to EGP 65.2bn; total assets were up 4% YTD according to reported presentation figures.

Segment performance

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

• Banking activities span large, medium and small enterprises, investment, retail and other activities; retail includes deposits, cards, personal loans and mortgages.

• Cairo accounted for EGP 471,378,603 thousand of assets and EGP 293,979,633 thousand of liabilities at June 30, 2026; Alex, Delta and Sinai assets were EGP 57,782,106 thousand.