Egyptian Gulf Bank (S.A.E) (EGX:EGBE)

EGX:EGBE Income Statement

Financials in millions EGP. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	26,098	22,718	12,011	8,234	7,615	7,367
Interest Income on Investments	6.55	6.43	5.13	2.17	1.2	1.22
Total Interest Income	26,104	22,724	12,016	8,237	7,616	7,368
Interest Paid on Deposits	18,502	16,583	8,351	5,191	4,856	4,752
Net Interest Income	7,602	6,141	3,665	3,045	2,760	2,616
Net Interest Income Growth (YoY)	68.70%	67.55%	20.35%	10.33%	5.49%	33.88%
Income From Trading Activities	385.03	404.3	527.46	88.47	72.3	164.1
Gain (Loss) on Sale of Assets	-1.36	-1.33	-0.48	0.4	0.58	0.61
Gain (Loss) on Sale of Investments	-60.7	138.14	116.69	45.51	24.37	31.88
Other Non-Interest Income	1,342	1,155	662.21	285.14	210.7	199.63
Total Non-Interest Income	1,665	1,696	1,306	419.52	307.96	396.21
Non-Interest Income Growth (YoY)	-8.54%	29.88%	211.28%	36.23%	-22.28%	11.62%
Revenues Before Loan Losses	9,267	7,837	4,971	3,465	3,068	3,013
Provision for Loan Losses	705.87	551.01	515.8	238.82	224.43	424.17
Revenue	8,561	7,286	4,455	3,226	2,844	2,589
Revenue Growth (YoY)	48.87%	63.53%	38.10%	13.44%	9.86%	23.40%
Salaries and Employee Benefits	13.8	18.4	7.8	952.51	7.09	19.11
Selling, General & Administrative	3,663	3,158	2,111	651.58	1,374	1,354
Other Non-Interest Expense	188.98	88.07	-169.26	30.1	-97.05	179.3
Total Non-Interest Expense	3,863	3,252	1,964	1,618	1,285	1,555
EBT Excluding Unusual Items	4,698	4,034	2,491	1,608	1,559	1,033
Pretax Income	4,698	4,034	2,491	1,608	1,559	1,033
Income Tax Expense	1,757	1,483	1,008	762.16	857.85	406.18
Earnings From Continuing Operations	2,941	2,551	1,483	845.83	700.82	627.11
Earnings From Discontinued Operations	-	-	-6.4	-	-5.49	-2.23
Minority Interest in Earnings	12.53	25.24	-0.01	0	0	-0
Net Income	2,954	2,576	1,477	845.83	695.34	624.88
Preferred Dividends & Other Adjustments	86.05	355.8	250.62	103.02	91.95	82.81
Net Income to Common	2,868	2,220	1,226	742.81	603.39	542.07
Net Income Growth	40.59%	74.44%	74.58%	21.64%	11.28%	-5.03%
Basic Shares Outstanding	536	505	505	510	507	510
Diluted Shares Outstanding	536	505	505	510	507	510
Shares Change (YoY)	6.07%	-	-1.00%	0.62%	-0.61%	1.63%
EPS (Basic)	5.35	4.40	2.43	1.46	1.19	1.06
EPS (Diluted)	5.35	4.40	2.43	1.46	1.19	1.06
EPS Growth	60.01%	81.08%	66.73%	22.35%	12.00%	-8.90%
Dividend Per Share	0.588	0.588	-	-	-	-
Effective Tax Rate	37.40%	36.77%	40.47%	47.40%	55.04%	39.31%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.