CIB Consolidated Financial Statements 1Q26

Notes

Mar. 31, 2026

Dec. 31, 2025

Assets

Cash and balances at the central bank

14

92,010,988

88,876,452

Due from banks

15

170,847,392

135,236,549

Loans and advances to banks, net

17

55,185,042

34,440,770

Loans and advances to customers, net

18

551,721,003

507,953,766

Derivative financial instruments

515,109

620,349

Financial investments

- Financial Assets at Fair Value through OCI

19.1

375,696,731

376,397,929

- Financial Assets at Amortized cost

19.1

265,712,744

236,672,175

Investments in associates

20

43,710

45,210

Non-current assets held for sale

32

223,223

182,827

Other assets

21

49,309,350

54,040,912

Deferred tax assets

1,366,252

2,545,499

Property and equipment

22

5,636,266

5,481,682

Total assets

1,568,267,810

1,442,494,120

Liabilities and equity

Liabilities

Due to banks

23

14,239,563

3,353,746

Due to customers

24

1,214,998,089

1,110,395,693

Non-current liabilities held for sale

33

56,747

53,860

Derivative financial instruments

81,585

137,802

Current income tax liabilities

5,394,655

20,570,313

Other liabilities

25

60,735,106

25,595,390

Issued debt instruments

26

5,455,820

4,761,558

Other loans

34,530,873

30,471,499

Other provisions

27

16,602,339

15,640,041

Total liabilities

1,352,094,777

1,210,979,902

Equity

Issued and paid capital

33,779,361

33,779,361

Reserves

136,075,330

105,849,176

Reserve for employee stock ownership plan (ESOP)

2,715,948

2,343,532

Retained earnings*

43,574,561

89,514,273

Total equity and net profit for the period / year

216,145,200

231,486,342

Non-Controlling Interest

27,833

27,876

Total NCI, equity and net profit for the period / year

216,173,033

231,514,218

Total liabilities and equity

1,568,267,810

1,442,494,120

The accompanying notes are an integral part of these financial statements.

(Review report attached)

*

Including net profit for the period

Islam Zekry

Hisham Ezz Al-Arab

Group CFO & Executive Board Member

CEO & Executive Board Member

Condensed Consolidated Interim Income Statement for The Period Ended March 31, 2026

Notes

Mar. 31, 2026

Mar. 31, 2025

Interest and similar income

53,305,545

52,535,156

Interest and similar expense

(23,605,965)

(27,139,272)

Net interest income

29,699,580

25,395,884

Fee and commission income

4,444,257

3,522,513

Fee and commission expense

(2,223,172)

(1,587,691)

Net fee and commission income

2,221,085

1,934,822

Dividend income

24,830

12,751

Net trading income

9

433,650

644,549

Profits (losses) on financial investments 

19.2

168,162

472,532

Administrative expenses

(5,154,563)

(3,932,425)

Other operating income (expenses)

10

(2,309,125)

(1,742,230)

Release (charges) for ECL

11

481,032

(84,032)

Bank's share in the profits (losses) of associates

(1,500)

(297)

Profit before income tax

25,563,151

22,701,554

Income tax expense

12

(6,366,847)

(6,479,828)

Deferred tax assets (liabilities)

12

(1,374,262)

411,443

Net profit for the period

17,822,042

16,633,169

Non-Controlling Interest

(43)

1,394

Bank's shareholders

17,822,085

16,631,775

Earnings per share

13

Basic

4.65

4.37

Diluted

4.59

4.32

Islam Zekry

Hisham Ezz Al-Arab

Group CFO & Executive Board Member

CEO & Executive Board Member

Condensed Consolidated Interim Statement of Comprehensive Income for The Period Ended March 31, 2026

Mar. 31, 2026

Mar. 31, 2025

Net profit for the period

17,822,042

16,633,169

Net change on financial assets at fair value through comprehensive income after tax

(4,882,327)

2,491,322

Cumulative foreign currencies translation differences

620,726

(169,708)

Effect of ECL on debt instruments measured at fair value through OCI

(263,772)

841,687

Total comprehensive income for the period

13,296,669

19,796,470

As follows:

Bank's shareholders

13,296,712

19,713,070

Non-Controlling Interest

(43)

83,400

Total comprehensive income for the period

13,296,669

19,796,470

Condensed Consolidated Interim Cash Flows for The Period Ended March 31, 2026

Notes

Mar. 31, 2026

Mar. 31, 2025

Cash flow from operating activities

Profit before income tax

25,563,151

22,701,554

Adjustments to reconcile profits to net cash provided by operating activities

Fixed assets depreciation

22

624,779

773,002

Impairment release/charge for credit losses (loans and advances to customers and banks)

11

(278,243)

(1,080,606)

Net charge/release for other provisions

27

990,498

320,589

Impairment release/charge for credit losses (due from banks)

11

7,707

141,071

Impairment release/charge for credit losses (financial investments)

11

(210,496)

1,023,567

Exchange revaluation differences for financial assets at fair value through OCI and AC

(23,784,274)

212,785

Revaluation differences impairment charge for Financial Assets at Fair value through OCI

534,661

(13,267)

Revaluation differences impairment charge for Financial Assets at Amortized cost

51,512

1,240

Revaluation differences impairment charge for due from banks

19,315

(18)

Net utilized/recovered for other provisions

27

(1,152,649)

(520)

Exchange revaluation differences of other provisions

27

1,124,449

103,160

Profits/losses from selling property and equipment

-

(6,006)

Profits/losses from selling financial investments at fair value through OCI

19.2

(168,162)

(195,124)

Profits/losses from selling investments in associates

19.2

-

(277,408)

Share based payments

372,416

316,185

Bank's share in the profits / losses of associates

1,500

297

Operating profits before changes in operating assets and liabilities

3,696,164

24,020,501

Net decrease / increase in assets and liabilities

Due from banks

513,657

123,055,498

Derivative financial instruments

68,390

(142,036)

Loans and advances to banks and customers

(64,233,266)

(26,205,658)

Other assets

5,020,128

6,009,359

Non-current assets held for sale

32

(40,396)

-

Due to banks

23

10,885,817

2,286,117

Due to customers

24

104,602,396

28,021,619

Current income tax obligations paid

(972,192)

(913,966)

Non-current liabilities held for sale

33

2,887

-

Other liabilities

(5,077,488)

(1,886,184)

Net cash generated from (used in) operating activities

54,466,097

154,245,250

Cash flow from investing activities

Proceeds from sale of investments in associates

-

226,698

Payments for purchases of property, equipment and branches construction

(1,067,929)

(3,597,387)

Proceeds from selling property and equipment

10

-

6,006

Proceeds from redemption of financial assets at amortized cost

8,752,045

2,579,713

Payments for purchases of financial assets at amortized cost

(35,471,162)

(23,883,457)

Payments for purchases of financial assets at fair value through OCI

(46,711,306)

(29,279,247)

Proceeds from selling financial assets at fair value through OCI

63,293,572

6,863,626

Net cash generated from (used in) investing activities

(11,204,780)

(47,084,048)

Condensed Consolidated Interim Cash Flows for The Period Ended March 31, 2026 (Cont.)

Mar. 31, 2026

Mar. 31, 2025

Cash flow from financing activities

Other loans

4,059,374

(13,765)

Dividends

(8,742,653)

(6,552,255)

Issued debt instruments

694,262

(22,830)

Net cash generated from (used in) financing activities

(3,989,017)

(6,588,850)

Net increase (decrease) in cash and cash equivalent during the period

39,272,300

100,572,352

Beginning balance of cash and cash equivalent

140,542,556

226,610,721

Cash and cash equivalent at the end of the period

179,814,856

327,183,073

Cash and cash equivalent comprise:

Cash and balances at the central bank

14

92,010,988

68,810,514

Due from banks

171,007,096

314,450,806

Treasury bills and other governmental notes

16

130,464,385

116,972,976

Obligatory reserve balance with central bank

(71,155,527)

(43,885,546)

Due from banks with maturity more than three months

(12,048,530)

(14,867,792)

Treasury bills and other governmental notes with maturity more than three months

(130,463,556)

(114,297,885)

Total cash and cash equivalent

179,814,856

327,183,073

Condensed Consolidated Interim Statement of Changes in Shareholders' Equity

Mar. 31, 2025

Issued and paid capital

Legal reserve

General reserve

General risk reserve

Special reserve

Reserve for transactions under common control

Capital reserve

Reserve for financial assets at fair value through OCI

Banking risks reserve

Retained earnings

Reserve for employee stock ownership plan

Cumulative foreign currencies translation differences

Total Shareholders' Equity

Non-Controlling Interest

Total

Beginning balance

30,431,580

6,208,674

62,422,792

1,550,906

-

(670,972)

22,818

(7,145,283)

17,924

56,791,883

1,868,235

1,137,720

152,636,277

183,044

152,819,321

Transferred to reserves

-

2,771,284

18,971,298

-

-

-

2,246

-

-

(21,744,828)

-

-

-

-

-

Net profit for the period

-

-

-

-

-

-

-

-

-

16,631,775

-

-

16,631,775

1,394

16,633,169

Dividends paid

-

-

-

-

-

-

-

-

-

(14,714,434)

-

-

(14,714,434)

-

(14,714,434)

Transferred to general risk reserve

-

-

-

26,186

-

-

-

-

-

(26,186)

-

-

-

-

-

Net change on financial assets at fair value through OCI after tax

-

-

-

-

-

-

-

2,409,316

-

-

-

-

2,409,316

82,006

2,491,322

Transferred (from) to banking risk reserve

-

-

-

-

-

-

-

-

(2,628)

2,628

-

-

-

-

-

Effect of ECL on debt instruments measured at fair value through OCI

-

-

-

-

-

-

-

841,687

-

-

-

-

841,687

-

841,687

Cost of employees' stock ownership plan (ESOP)

-

-

-

-

-

-

-

-

-

-

316,185

-

316,185

-

316,185

Cumulative foreign currencies translation differences

-

-

-

-

-

-

-

-

-

-

-

(169,708)

(169,708)

-

(169,708)

Ending balance

30,431,580

8,979,958

81,394,090

1,577,092

-

(670,972)

25,064

(3,894,280)

15,296

36,940,838

2,184,420

968,012

157,951,098

266,444

158,217,542

Mar. 31, 2026

Issued and paid capital

Legal reserve

General reserve

General risk reserve

Special reserve

Reserve for transactions under common control

Capital reserve

Reserve for financial assets at fair value through OCI

Banking risks reserve

Retained earnings

Reserve for employee stock ownership plan

Cumulative foreign currencies translation differences

Total Shareholders' Equity

Non-Controlling Interest

Total

Beginning balance

33,779,361

8,979,958

79,110,551

1,577,092

13,145,012

(670,972)

25,064

2,825,146

15,296

89,514,273

2,343,532

842,029

231,486,342

27,876

231,514,218

Transferred to reserves

-

4,089,832

30,606,170

-

-

-

13,005

-

-

(34,709,007)

-

-

-

-

-

Dividends paid

-

-

-

-

-

-

-

-

-

(29,010,270)

-

-

(29,010,270)

-

(29,010,270)

Net profit for the period

-

-

-

-

-

-

-

-

-

17,822,085

-

-

17,822,085

(43)

17,822,042

Transferred to general risk reserve

-

-

-

51,324

-

-

-

-

-

(51,324)

-

-

-

-

-

Net change on financial assets at fair value through OCI after tax

-

-

-

-

-

-

-

(4,882,327)

-

-

-

-

(4,882,327)

-

(4,882,327)

Transferred (from) to banking risk reserve

-

-

-

-

-

-

-

-

(8,804)

8,804

-

-

-

-

-

Effect of ECL on debt instruments measured at fair value through OCI

-

-

-

-

-

-

-

(263,772)

-

-

-

-

(263,772)

-

(263,772)

Cost of employees' stock ownership plan (ESOP)

-

-

-

-

-

-

-

-

-

-

372,416

-

372,416

-

372,416

Cumulative foreign currencies translation differences

-

-

-

-

-

-

-

-

-

-

-

620,726

620,726

-

620,726

Ending balance

33,779,361

13,069,790

109,716,721

1,628,416

13,145,012

(670,972)

38,069

(2,320,953)

6,492

43,574,561

2,715,948

1,462,755

216,145,200

27,833

216,173,033