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Bank of Africa (CBSE:BOA)
Morocco flag Morocco · Delayed Price · Currency is MAD
189.00
+1.00 (0.53%)
At close: Oct 30, 2026

Bank of Africa Financials Overview

Millions MAD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
17,45917,05115,55614,22113,00911,703
Revenue Growth
5.97%9.61%9.39%9.32%11.15%10.42%
Net Income
4,0443,8143,4272,6622,3052,007
Earnings Per Share
17.9416.9215.2011.8110.228.90
EPS Growth
8.28%11.28%28.76%15.48%14.85%171.97%

Revenue by Segment
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Banking in Morocco
8,5928,9767,9606,4156,1836,220
Specialized Financial Services
822.82811.04699.47607.26700.56640.69
Asset Management and Investment Banking
696.19672.48457.48388.76345.91362.15
Other Operations
276.3247.94222.72252.12163.38144.47
International Operations
10,0939,6319,3779,2908,2327,239
Total
20,48020,33918,71716,95315,62414,607

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
108,32694,03398,47171,12072,95564,279
Total Debt
94,69787,65497,59293,13985,89478,340
Net Cash (Debt)
13,6286,380879.69-22,018-12,939-14,061
Net Cash Growth
475.34%625.21%----
Net Cash Per Share
60.4628.303.90-97.68-57.40-62.38

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
20,347-94.887,009-137.24,4208,412
Capital Expenditures
-1,473-2,230-1,002-1,023-584.45-996.82
Free Cash Flow
18,874-2,3256,007-1,1603,8357,416
Free Cash Flow Growth
-----48.28%1992.92%

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Profit Margin
23.16%22.36%22.03%18.72%17.72%17.15%
FCF Margin
108.10%-13.64%38.62%-8.16%29.48%63.36%

Dividends
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
4.8864.8864.7873.7723.7053.649
Dividend Per Share Growth
2.08%2.08%26.90%1.82%1.54%-
Dividend Yield
2.58%2.22%2.44%2.23%2.33%2.13%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
10.5313.0012.9114.3315.5819.26
Forward PE
10.1511.9312.0613.6113.9214.49
P/FCF Ratio
2.26-7.36-9.365.21
PS Ratio
2.442.912.842.682.763.30