Faisal Islamic Bank Egypt’s Net Profit Surges 203.5% to EGP 7.5 Billion in 9 Months
Faisal Islamic Bank Reports Strong Profit Growth
Faisal Islamic Bank Egypt recorded a significant increase in its financial performance during the first nine months of 2026, with net profit after tax reaching approximately EGP 7.497 billion, compared with EGP 2.470 billion during the same period of 2025.
The bank’s net profit increased by 203.5%, according to its standalone financial results for the period ended September 30, 2026.
Revenues Approach EGP 25 Billion
The bank’s revenues rose to approximately EGP 24.995 billion between January and September 2026, up from EGP 19.644 billion in the corresponding period of 2025.
The increase amounted to EGP 5.351 billion, representing a 27.2% year-on-year growth.
Gross Profit Rises 30%
Faisal Islamic Bank’s gross profit climbed to approximately EGP 10.044 billion during the first nine months of 2026, compared with EGP 7.733 billion a year earlier, marking growth of around 30%.
The gross profit margin also increased to 40.2%, compared with 39.4% during the same period of 2025.
Meanwhile, profit before tax from continuing operations jumped to approximately EGP 10.258 billion by the end of September 2026, compared with EGP 4.161 billion a year earlier.
The increase reached EGP 6.097 billion, representing a growth rate of 146.5%.
Earnings Per Share Rise 228.2%
Basic earnings per share reached approximately EGP 11.283 during the first nine months of 2026, compared with EGP 3.438 during the corresponding period of 2025.
This represents a 228.2% increase in basic earnings per share.
Equity Reaches EGP 48.2 Billion
At the level of its standalone financial position, Faisal Islamic Bank Egypt’s total shareholders’ equity rose to approximately EGP 48.227 billion at the end of September 2026.
That compares with EGP 41.643 billion at the end of December 2025, reflecting an increase of EGP 6.584 billion, or 15.8%.
The bank’s paid-in capital remained unchanged at approximately EGP 7.214 billion at the end of September 2026 compared with the end of December 2025.
Meanwhile, reserves increased to approximately EGP 13.087 billion, compared with EGP 11.867 billion at the end of December 2025, representing growth of 10.3%.