Banque du Caire reported strong financial performance during the first quarter (Q1) of 2026, with net profit after tax rising 16% year-on-year to EGP 4bn, compared with EGP 3.4bn in the corresponding period of 2025.
The bank’s pre-tax profit increased by 21%, supported by improved performance across several business segments, particularly retail banking, treasury operations, corporate lending and small and medium-sized enterprises (SMEs).
Net interest income grew by 10% to EGP 9.1bn during Q1 2026, up from EGP 8.3bn a year earlier. Meanwhile, net fees and commission income rose 11% to EGP 1.5bn, compared with EGP 1.4bn in Q1 2025.
Operating income climbed 13% to EGP 11.1bn in March 2026, compared with EGP 9.8bn during the same period last year. Administrative expenses increased by EGP 0.5bn, representing annual growth of 16%.
The bank’s total assets expanded by 9% to reach EGP 581bn in Q1 2026, compared with EGP 533bn in 2025.
Banque du Caire’s total loan portfolio grew 7% to EGP 276.4bn in Q1 2026, driven by lending expansion across multiple business segments.
Customer deposits also increased by EGP 27.4bn, or 7%, reaching EGP 428.8bn in March 2026, compared with EGP 401.4bn at the close of 2025.
Retail deposits accounted for 60% of total customer deposits, while corporate and institutional deposits represented the remaining 40%.
Asset quality indicators remained stable, with the non-performing loan (NPL) ratio standing at 3.8% of the total loan portfolio. The NPL coverage ratio reached 175%, supported by loan loss provisions amounting to EGP 18.4bn in Q1 2026.
The bank also maintained strong capital positions, with the Tier 1 capital ratio reaching 16.88% of risk-weighted assets, while the overall capital adequacy ratio stood at 20.48%.
