Banque Misr net profit rises 14.4% in first half of 2026
Banque Misr reported standalone net profit of EGP 57.47 billion in the first half of 2026, up 14.4% from EGP 50.23 billion a year earlier. Second-quarter profit rose 16.1% to EGP 25.01 billion, while pre-tax profit for the half reached EGP 90.82 billion. Net interest income fell about 20% to EGP 69.07 billion, but fee and commission income and trading income increased.
Banque Misr’s standalone first-half 2026 net profit rose to EGP 57.47bn from EGP 50.23bn a year earlier. Second-quarter net profit reached EGP 25.01bn, up from EGP 21.55bn. Pre-tax profit for the six months was EGP 90.82bn, compared with EGP 76.11bn.
The bank’s net interest income declined to EGP 69.07bn from EGP 86.29bn, a roughly 20% drop. That was offset by higher fee and commission income, which climbed 27.2% to EGP 17.57bn, and trading income, which surged 276% to EGP 27.21bn. Administrative expenses rose, while credit loss charges fell sharply.
Banque Misr’s stronger half-year profit could reinforce depositor confidence and may support its capacity to lend to households and businesses. A roughly 20% drop in net interest income, however, suggests margin pressure that could influence deposit and loan pricing. Gains from fees and trading may be less predictable than core lending income. Customers, borrowers, and employees tied to the bank may therefore see mixed effects, depending on how the bank manages costs, capital, and credit risk.