Egyptian Gulf Bank (S.A.E) reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was EGP 887.53 million compared to EGP 800.29 million a year ago. Net income was EGP 384.29 million compared to EGP 214.86 million a year ago. Basic earnings per share was EGP 0.54 compared to EGP 0.37 a year ago.
For the nine months, net interest income was EGP 2,656 million compared to EGP 2,166.58 million a year ago. Net income was EGP 1,056.55 million compared to EGP 621.49 million a year ago. Basic earnings per share was EGP 1.77 compared to EGP 1.07 a year ago.