ADCB's net profits jump by 66.3%, recording EGP 1.51 bn during Q1-2025

The financial statements of Abu Dhabi Commercial Bank-Egypt «ADCB» for the financial period ending last March 31, issued on its official website, revealed an increase in its net profits to EGP 1.51 bn during the first quarter of 2025, compared to EGP 909.68 mn during the same period in 2024, with a growth rate of 66.3%.A total increase of EGP 603.19 mn.

The bank's profits before income taxes rose to EGP 2.15 bn during the first 3 months of 2025, compared to EGP 1.36 bn during the same corresponding period in 2024, with a growth rate of 58.1%, and an increase estimated at about EGP 789.64 mn.

Net interest income increased from EGP 1.68 bn during the first 3 months of 2024, to EGP 2.44 bn during the same period in 2025, representing a growth of about 44.6%.

Net fees and commissions income jumped to EGP 344.44 mn during the first 3 months of 2025, compared to EGP 247.92 mn during the corresponding period in 2024, with a growth rate of 38.9%, and an increase of EGP 96.52 mn.  

In terms of the bank’s financial position, its portfolio of assets increased by about 8.1% during the first quarter of this year, reaching EGP 145.03 bn by the end of March 2025, compared to EGP 134.16 bn by the end of 2024, an increase of EGP 10.87 bn.

Its customer deposits portfolio rose to EGP 124.30 bn by the end of March 2025, compared to EGP 116.50 bn by the end of 2024, with a growth rate of 6.70%, and an increase estimated at about EGP 7.80 bn.

The bank's total customer loans jumped by about 15.2% during the first quarter of this year, reaching EGP 63.28 bn by the end of March 2025, compared to EGP 54.96 bn by the end of 2024, a total increase of EGP 8.32 bn.