Faisal Islamic Bank, «EBank», and «EGBANK» Ranked as the Fastest-Growing EGX-Listed Banks in Net Profits During Q1 2026

Faisal Islamic seizes the top spot, climbing from last place in the Q1 2025 ranking

«EGBANK» and Suez Canal Bank maintained their positions among the top five during Q1 2025 and Q1 2026

Only one foreign bank appeared among the five fastest-growing banks, while three banks recorded relatively weak rankings

Islamic banks secured only one seat among the top five out of three banks included in the ranking

Three listed banks reported declines in net profits

The First Bank ranking of the fastest-growing banks listed on the Egyptian Exchange in terms of net profit growth during the first quarter of 2026 revealed that Faisal Islamic Bank ranked first, recording a growth rate of 232.5%, The bank’s net profit reached approximately EGP 2.93 billion during Q1 2026, compared to EGP 881.64 million during the same period of 2025, thereby rising sharply from its ranking in Q1 2025.

The Export Development Bank of Egypt «EBank» ranked second, achieving a 53.4% growth rate during Q1 2026. The bank reported net profits of approximately EGP 2.02 billion during Q1 2026, compared to EGP 1.32 billion in the corresponding period of 2025.

Meanwhile, «EGBANK» secured third place, with net profits increasing by 35.9% during Q1 2026 to reach EGP 1.06 billion, compared to EGP 781.45 million during the same period of 2025.

The ranking, which covered 11 banks out of 12 listed on the Egyptian Exchange for which the required financial data was available, showed that 8 banks achieved positive growth rates, while 3 banks recorded notable declines in net profits.

The ranking also highlighted the dominance of private-sector banks, which captured all positions among the top five fastest-growing banks, including Faisal Islamic Bank, EBank, EGBANK, QNB Egypt, and Suez Canal Bank.

At the level of foreign banking groups operating in Egypt, only one foreign-affiliated bank appeared among the top five fastest-growing listed banks in net profits, represented by QNB Egypt.

As for Islamic banks, they secured only one position among the top five, with Faisal Islamic Bank ranking first.

It is worth noting that all figures and growth rates mentioned in the above analysis are based on the standalone financial statements announced by each bank as of March 2026.