HD bank, SC Bank, and ADIB, Top listed Banks in Return on Shareholder's Equity during 2024

First Bank List Of The Most Efficient listed Banks In Terms Of Return On Average Equity (ROE) Revealed That Housing And Development Bank-HD Bank Topped The List With A Rate Of 55.74%, After Achieving A Net Profit Of EGP 11.039 Bn During 2024.

The List, Including 12 Banks Listed On The Egyptian Stock Exchange, Showed All Banks Achieving Positive Rates In Return On Average Equity, Reflecting Their Success In Varying Profit Levels And No Losses During The Financial Period during 2024.

ROE Indicates Banks’ Ability To Invest Shareholders’ Equity To Achieve Suitable Profit Levels During The Analysis Period, With Higher Returns Indicating The Banks’ Efficiency In Investing Their Shares To Achieve Appropriate Profit Levels.

SC Bank Secured the Second Position With A Return On Average Equity Of 52.40%, Having Earned A Net Profit Of EGP 5.681 Bn during 2024.

Abu Dhabi Islamic Bank – Egypt (ADIB) secured the third position. Both banks achieved a return on average equity of 48.63%, with the Bank earning a net profit of EGP 8.827 Bn during 2024.

CIB Claimed the Fourth Position with A Return On Average Equity Of 45.81%, Having Achieved A Net Profit Of EGP 55.428 Bn during 2024.

Credit Agricole Took the Fifth Position With A Return On Average Equity Of 44.58%, Having Achieved A Net Profit Of EGP 8.001 Bn during 2024.

It’s Worth Noting That All The Values And Return Rates Mentioned In The Analysis Are Based On Separate Financial Statements Declared By Each Bank At The End Of 2024.