Cairo - Mubasher: Société Arabe Internationale de Banque (SAIB) posted 47% lower net profits after tax at $4.06 million in the first quarter (Q1) of 2026, compared to $7.70 million in Q1-25.
The interest income jumped by 6% year-on-year (YoY) to $119.19 million as of 31 March 2026 from $112.48 million, according to the financial results.
Earnings per share (EPS) hit $0.12 in the first three months (3M) of 2026, an annual plunge of 48% from $0.23.
At the end of March 2026, the customers’ deposits reached $2.69 billion, down 9% from $2.94 billion as of 31 December 2025.
On 16 April, the bank paid cash dividends of $9.93 million, equivalent to $0.30 per share, for 2025.
