Cairo - Mubasher: Qatar National Bank Al Ahli (QNB) logged consolidated net profits valued at EGP 7.18 billion in the first quarter (Q1) of 2025, an annual rise from EGP 7.07 billion.
Earnings per share (EPS) amounted to EGP 2.90 as of 31 March 2025, versus EGP 2.86 a year earlier, according to the financial results.
The EGX-listed lender recorded net interest income worth EGP 11.20 billion in Q1-25, higher year-on-year (YoY) than EGP 9.86 billion.
Total assets jumped to EGP 859.31 billion as of 31 March 2025 from EGP 819.88 billion at the end of 2024, while the customer deposits soared to EGP 726.95 billion from EGP 679.88 billion.
Standalone Business
QNB generated standalone net profits worth EGP 6.95 billion in the first three months (3M) of 2025, marking an annual growth from EGP 6.85 billion.
Non-consolidated net interest income hiked to EGP 11 billion in Q1-25 from EGP 9.71 billion in Q1-24.
In 2024, QNB Group announced the rebranding as part of its development strategy and commitment to enhancing operations aligned with the Egyptian market’s progress.
