Commercial International Bank Egypt CIB S A E (COMI) Q4 2025 earnings summary

Executive summary

• FY25 consolidated revenue reached EGP 117.433bn, up 19% YoY; net income was EGP 82.259bn, up 49%, and total assets reached EGP 1.442tn.

• Excluding the EGP 13.1bn ECL-model recalibration release, net income was EGP 70.6bn, up 28% YoY, with ROAE of 41.5%.

• Customer loans grew 44.45% to EGP 507.954bn net; gross loans reached EGP 576bn, while customer deposits reached EGP 1.110tn.

• Auditors gave an unqualified opinion on the consolidated financial statements for the year ended December 31, 2025.

Financial highlights

• Consolidated net interest income was EGP 107.7bn, up 18%; non-interest income was EGP 9.7bn, up 23%, and net operating income was EGP 117.4bn, up 19%.

• Q4 net income rose 57% YoY to EGP 20.1bn; Q4 net operating income was EGP 33.8bn, up 25%.

• Net fee and commission income was EGP 9.219bn versus EGP 7.085bn; net trading income was EGP 1.801bn versus EGP 20.472bn in FY24.

• Basic EPS was EGP 18.25 versus EGP 14.72; diluted EPS was EGP 18.05 versus EGP 14.56.

• Q4 fee income included a one-off EGP 1.5bn asset recovery settled against debt; trading income also included a one-off transaction.

Outlook and guidance

• FY26 net profit growth guided at 15%–20% over the normalized FY25 base of EGP 70.6bn, excluding the EGP 13.1bn provision release.

• FY26 loan growth guided at 30%–35%; deposit growth at 15%–20%, with 50%–60% of incremental deposits expected in CASA.

• ROE expected above 30%, cost-to-income below 25%, and NPLs controlled; normalized annual cost of risk guided at 0.5%–0.7%.

• By 2030, strategic targets include 7%–10% market-share growth, ~5mn customers, more than 40% digital sales penetration and an EGP 85bn+ Commercial Banking asset book.

• Digital-bank launch is targeted before end-2026, subject to licensing; management said it is prepared to pilot once the license is received.