Bank of Africa (CBSE:BOA)
Morocco flag Morocco · Delayed Price · Currency is MAD
180.00
0.00 (0.00%)
At close: Oct 9, 2026

Bank of Africa Financials Overview

Millions MAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 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
18.1717.3115.5612.0810.469.11
EPS Growth
6.09%11.28%28.76%15.48%14.85%171.97%

Revenue by Segment

Fiscal YearTTMFY 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

Fiscal YearCurrentFY 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
61.2428.963.99-99.95-58.74-63.83

Cash Flow & CapEx

Fiscal YearTTMFY 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

Fiscal YearTTMFY 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

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '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
0%2.08%26.89%1.82%1.54%-
Dividend Yield
2.78%2.28%2.55%2.38%2.54%2.38%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
9.9113.0012.9114.3315.5819.26
Forward PE
9.4511.9312.0613.6113.9214.49
P/FCF Ratio
2.10-7.36-9.365.21
PS Ratio
2.272.912.842.682.763.30