Corporate news
DIB: Strong financial results for 1Q26 confirm our positive our positive outlook for the banking sector
The bank recorded 26% YoY growth in NII reaching EGP 5.9 bn in 1Q26 compared to EGP 4.7 bn in 1Q25 and recorded 12% YoY growth in net income from fees & commissions .
Net profit reached EGP 3.7 bn in 1Q26 compared to EGP 3 bn in 1Q25 representing 23% YoY growth .
Operationally, loans grew by 15% with Corporate loans accounting for 70% of total loans, while NPLs ratio improved to 2.5% from 2.7% in the same period last year.
Walaa Mosalam - Prime Research
WMosalam@egy.primegroup.org