{"id":675904,"date":"2025-11-20T00:00:00","date_gmt":"2025-11-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/20\/efg-holding-sees-net-income-jump-22-in-3q\/"},"modified":"2025-11-20T00:00:00","modified_gmt":"2025-11-20T00:00:00","slug":"efg-holding-sees-net-income-jump-22-in-3q","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/20\/efg-holding-sees-net-income-jump-22-in-3q\/","title":{"rendered":"EFG Holding sees net income jump 22% in 3Q"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Our frien<\/strong><strong>ds at EFG Holding saw their net income grow 22% y-o-y in 3Q <\/strong><strong>2025 to <\/strong><strong>EGP 846 mn<\/strong>, according to their latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1522.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The group\u2019s top line grew 27% y-o-y during the quarter to EGP 6.3 bn, driven by strong performance in its commercial bank and non-banking financial institution (NBFI) platform, which offset lower revenues from its investment bank.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The breakdown: <\/strong><\/p>\n<ul>\n<li><strong>Bank NXT:<\/strong> The group\u2019s commercial bank's revenues more than doubled to EGP 2.7 bn in 3Q 2025, driven by a larger interest-earning asset base and 33% y-o-y growth in net fees and commissions. The bank\u2019s net income grew 245% y-o-y to reach EGP 1.5 bn during the quarter \u2014 of which the group\u2019s share is EGP 756 mn. <\/li>\n<li><strong>EFG Finance: <\/strong>EFG Holding\u2019s NBFI arm saw its revenues rise 38% y-o-y to EGP 1.5 bn, driven by overall strong performance across almost all lines of its business. Valu\u2019s revenues led this growth, jumping 79% y-o-y on the back of higher securitization gains, net fees and commissions, and a rise in loan issuances. Meanwhile, EFG Finance\u2019s leasing division's revenues grew 28% y-o-y, and factoring revenues rose 12% y-o-y. The NBFI arm\u2019s net income after tax and minority interest increased 28% y-o-y to EGP 261 mn.<\/li>\n<li><strong>EFG Hermes:<\/strong> The group\u2019s investment bank EFG Hermes\u2019 revenues saw a weaker performance, shedding 20% y-o-y to EGP 2.1 bn. The fall came as a result of EGP 220 mn losses in holding and treasury activities, \u201cfollowing last year\u2019s exceptional gains on investments\/seed capital and FX\u201d. Net operating income dropped 95% y-o-y, leading to a net loss of EGP 170 mn. Excluding holding and treasury activities, EFG Hermes\u2019s net income rose 31% y-o-y in 3Q 2025 to EGP 543 mn. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What about 9M? <\/strong>The group\u2019s net income fell 13% y-o-y to EGP 2.9 bn during the first nine months of the year, with net operating income down 6% y-o-y. Revenues fell 3% y-o-y to EGP 18.1 bn, \u201cshrugging off the exceptionally strong comparable period recorded by EFG Hermes that included strong FX gains and unrealized gains on investments\/seed capital.\u201d Excluding the impact of foreign currency gains, revenues jumped 31% y-o-y in 9M 2025.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cWe are delighted by Bank NXT\u2019s strong performance, and with the successful completion of last month\u2019s capital increase, we are confident this will further accelerate the bank\u2019s growth trajectory. This step not only underscores its strategic importance within the broader EFG Holding ecosystem but also reinforces our commitment to driving sustainable profitability across the group,\u201d Group CEO Karim Awad said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/11\/1523.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> accompanying the results.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Top line grew 27% y-o-y during the quarter<\/p>\n","protected":false},"author":1,"featured_media":675905,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7208],"tags":[409,7107,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-675904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-earnings-watch","tag-efg-holding","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"518ed0ab-b058-4bd4-8868-681b46b47947","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/1487.jpg","photo_position":"above","homepage_title":"","full_issue_title":"EFG Holding sees net income jump 22% in 3Q","related_issue":[675891],"teaser":"Top line grew 27% y-o-y during the quarter","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.c57cf522-62db-4eaa-b0bd-63735c8c2020.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>EFG Holding sees net income jump 22% in 3Q - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/11\/20\/efg-holding-sees-net-income-jump-22-in-3q\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EFG Holding sees net income jump 22% in 3Q\" \/>\n<meta property=\"og:description\" content=\"Top line grew 27% y-o-y 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650 mn in 3Q 2022 as operating revenues nearly doubled to EGP 2.3 bn during the quarter, boosted by the consolidation of revenues at its recently acquired aiBank and growth across all of its verticals, the\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/280.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597668,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/13\/efg-holding-net-income-rises-20-y-o-y-in-2q-2023\/","url_meta":{"origin":675904,"position":1},"title":"EFG Holding net income rises 20% y-o-y in 2Q 2023","author":"enterpriseam admin","date":"13 August 2023","format":false,"excerpt":"The group\u2019s investment banking, commercial banking and non-bank financial services arms all reported revenue growth","rel":"","context":"In &quot;EARNINGS 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Revenues for the quarter doubled y-o-y to EGP 1 bn as net contracted\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":655627,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/21\/efg-holding-reports-a-76-y-o-y-net-income-increase-in-3q-2024-plus-qalaa-sees-revenues-rise-income-fall\/","url_meta":{"origin":675904,"position":3},"title":"EFG Holding reports a 76% y-o-y net income increase in 3Q 2024. PLUS: Qalaa sees revenues rise, income fall","author":"enterpriseam admin","date":"21 November 2024","format":false,"excerpt":"The group recorded a 76% y-o-y increase in net income during the quarter","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2035.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546738,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/26\/earnings-efg-hermes-contact-financial-elsewedy-electric-report-strong-1q-2022-results\/","url_meta":{"origin":675904,"position":4},"title":"Earnings: EFG Hermes, Contact Financial, Elsewedy Electric report strong 1Q 2022 results","author":"enterpriseam admin","date":"26 May 2022","format":false,"excerpt":"EFG Hermes\u2019 net income rose 18% y-o-y to EGP 345 mn in 1Q 2022, the bank said in its earning release (pdf) yesterday. Revenues were up 55% y-o-y to EGP 1.9 bn. Revenue growth was underpinned by a strong quarter for EFG\u2019s core businesses despite a challenging operating environment. Top\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/354.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":587677,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/30\/earnings-watch-telecom-egypt-mm-group-housing-and-development-bank-raya-holding-eastern-company-and-abu-qir-fertilizers-report-results\/","url_meta":{"origin":675904,"position":5},"title":"Earnings watch: Telecom Egypt, MM Group, Housing and Development Bank, Raya Holding, Eastern Company, and Abu Qir Fertilizers report results","author":"enterpriseam admin","date":"30 May 2023","format":false,"excerpt":"EARNINGS WATCH- Telecom Egypt reported EGP 4.1 bn in normalized net income in 1Q 2023, rising 144% y-o-y, according to its earnings release (pdf). The company\u2019s revenues climbed 48% y-o-y to EGP 14 bn during the quarter.MM Group for Industry and International Trade\u2019s net income rose 201.7% y-o-y to EGP\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/675904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=675904"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/675904\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/675891"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/675905"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=675904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=675904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=675904"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=675904"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=675904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}