EFG Hermes Holding reported group operating revenues of EGP 6.6 billion for the first quarter of 2026. This performance represents an 18% year-over-year increase. BANK NXT’s expanding loan book and treasury gains from currency devaluation drove the revenue growth.
Net profit after tax and minority interest fell 14% compared to the previous year. The company reported a total net profit of EGP 1.0 billion. Operating expenses rose 16% due to expansion at EFG Finance and higher provisional charges. Persistent inflationary pressures in Egypt and lower investment banking revenue also impacted the bottom line.