Corporate news
Commerical International Bank [COMI]
The bank delivered strong Profitability with net income increasing by 49% YoY to reach EGP 82.2 bn, and recorded ROAE and ROAA 48.3% and 6.29% respectively FY 2025, Compared to 49.5% and 5.44% respectively FY 2024.
Net interest income (NII) recorded EGP 107 bn FY 2025 increasing by 18% YoY, generated at 8.95% total net interest margin (NIM) which decreased by 53Pb YoY, This decline came as a result of interest rate cuts during 2025, (7.25bps), which negatively impacted the bank’s interest Earning Assets (IEA).
Capital ADEQUACY ratio (CAR) increased from 24.10% FY 2024 up to 27.3% FY 2025.
The bank is currently traded at PE (TTM) 6x below 5 years average 7x our target price is EGP 149.42.
Walaa Mosalam - Prime Research
WMosalam@egy.primegroup.org