Bank of Africa (CBSE:BOA)
Morocco flag Morocco · Delayed Price · Currency is MAD
189.00
-0.10 (-0.05%)
At close: Aug 11, 2026

Bank of Africa Financials Overview

Millions MAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
17,20217,05115,55614,22113,00911,703
Revenue Growth
7.15%9.61%9.39%9.32%11.15%10.42%
Net Income
3,8963,8143,4272,6622,3052,007
Earnings Per Share
17.6817.3115.5612.0810.469.11
EPS Growth
-11.28%28.76%15.48%14.85%171.97%

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Banking in Morocco
8,9767,9606,4156,1836,220
Asset Management and Investment Banking
672.48457.48388.76345.91362.15
Specialized Financial Services
811.04699.47607.26700.56640.69
Other Operations
247.94222.72252.12163.38144.47
International Operations
9,6319,3779,2908,2327,239
Total
20,33918,71716,95315,62414,607

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
94,76294,03398,47171,12072,95564,279
Total Debt
102,01587,65497,59293,13985,89478,340
Net Cash (Debt)
-7,2536,380879.69-22,018-12,939-14,061
Net Cash Growth
-625.21%----
Net Cash Per Share
-32.9328.963.99-99.95-58.74-63.83

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
--94.887,009-137.24,4208,412
Capital Expenditures
--2,230-1,002-1,023-584.45-996.82
Free Cash Flow
--2,3256,007-1,1603,8357,416
Free Cash Flow Growth
-----48.28%1992.92%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Profit Margin
22.65%22.36%22.03%18.72%17.72%17.15%
FCF Margin
--13.64%38.62%-8.16%29.48%63.36%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
5.0005.0004.8983.8603.7913.733
Dividend Per Share Growth
2.08%2.08%26.89%1.82%1.54%-
Dividend Yield
2.64%2.28%2.55%2.38%2.54%2.38%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
10.6913.0012.9114.3315.5819.26
Forward PE
10.3011.9312.0613.6113.9214.49
P/FCF Ratio
--7.36-9.365.21
PS Ratio
2.422.912.842.682.763.30