Cairo - Mubasher: Faisal Islamic Bank of Egypt recorded consolidated net profits after tax of EGP 2.72 billion in the first nine months (9M) of 2025, marking a 69.70% year-on-year (YoY) plunge from EGP 8.98 billion.

The earnings per share (EPS) plummeted by 73.40% to EGP 3.83 at the end of September 2025 from EGP 14.40 in 9M-24, according to the financial statements.

The lender posted an annual decline of 11.40% in total revenues to EGP 24.35 billion during 9M-25, against EGP 27.47 billion.

The bank attributed the decline in net profits to the change in the exchange rate as of 30 September 2025, compared to 31 December 2024, due to the depreciation of the US dollar against the Egyptian pound from EGP 50.83 to EGP 47.87.

Standalone Financials for 9M

The EGX-listed bank generated YoY lower non-consolidated net profits after tax at EGP 2.47 billion in 9M-25, against EGP 8.31 billion. 

Furthermore, the standalone net interest income jumped to EGP 7.73 billion in 9M-25 from EGP 6.29 billion in 9M-24, while the EPS retreated to EGP 3.43 from EGP 13.29.

As of 30 September 2025, the non-consolidated total assets increased to EGP 250.86 billion when compared with EGP 240.23 billion in the twelve-month period that ended on 31 December 2024.

Quarterly Results

As for the standalone results during the third quarter (Q3) of 2025, the net profits after tax totaled EGP 1.14 billion, which came lower YoY than EGP 1.76 billion.

Non-consolidated net interest income rose to EGP 2.77 billion in Q3-25 from EGP 2.41 billion in the same period last year.