Corporate news
Earning Commentary-Commercial international bank [COMI]
Commercial International Bank (CIB) reported another record quarter with consolidated net income of EGP 28.8 billion for Q3 2025, up 94% year-on-year, bringing nine-month profits to EGP 62.1 billion, a 47% increase versus last year. Revenues grew 13% YoY to EGP 28.8 billion, supported by strong core banking performance, while the Bank achieved a ROAE of 59.8%, ROAA of 8.6%, and NIM of 8.9%, reflecting robust profitability and cost efficiency with a 15.7% efficiency ratio. Loans rose 30% year-to-date to EGP 519 billion, and deposits surpassed the EGP 1 trillion mark, making CIB the first private-sector bank in Egypt to reach this milestone. Credit quality remained sound, with non-performing loans at 2.48% and a strong 281% coverage ratio. The Bank’s decision to release EGP 13.1 billion in provisions reflects improved macro stability and confidence in asset quality. On the digital front, transaction values jumped 57% YoY to EGP 3.6 trillion, serving over 2 million users, while CIB continued to earn top industry awards for excellence in banking, sustainability, and digital innovation—reinforcing its position as Egypt’s leading private-sector bank.
Mariam Rafek-Equity Analyst
MHany@egy.primegroup.org