Ecobank Ghana PLC (GHSE:EGH)

Ecobank Ghana Income Statement

Financials in millions GHS. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	5,210	4,969	3,623	2,934	1,742	1,593
Interest Income on Investments	-	-	-	-	-	0.07
Total Interest Income	5,210	4,969	3,623	2,934	1,742	1,593
Interest Paid on Deposits	1,453	1,202	699.12	411.57	197.21	223.71
Net Interest Income	3,756	3,767	2,924	2,522	1,545	1,369
Net Interest Income Growth (YoY)	28.44%	28.83%	15.94%	63.23%	12.85%	27.88%
Income From Trading Activities	1,130	1,072	1,897	25.25	144.58	175.32
Gain (Loss) on Sale of Assets	-	-	-	0.7	0.37	1.01
Other Non-Interest Income	620.66	520.62	504.26	420.12	425.23	303
Total Non-Interest Income	1,750	1,592	2,401	446.07	570.18	479.34
Non-Interest Income Growth (YoY)	-40.50%	-33.69%	438.31%	-21.77%	18.95%	-6.95%
Revenues Before Loan Losses	5,507	5,359	5,325	2,968	2,115	1,848
Provision for Loan Losses	957.46	1,030	1,821	1,705	277.75	180.25
Revenue	4,549	4,330	3,504	1,263	1,837	1,668
Revenue Growth (YoY)	8.85%	23.55%	177.47%	-31.27%	10.15%	21.84%
Salaries and Employee Benefits	694.16	694.98	666.57	537.92	397.04	384.12
Occupancy Expenses	98.91	89.71	83.18	74.58	65.65	50.2
Selling, General & Administrative	44.84	44.84	32.24	26.88	17.15	17.54
Other Non-Interest Expense	1,179	1,142	799.27	650.77	463.85	434.03
Total Non-Interest Expense	2,017	1,972	1,581	1,290	943.7	885.89
EBT Excluding Unusual Items	2,532	2,358	1,923	-27.22	893.73	782.24
Other Unusual Items	-	-	-937.76	-	-	-
Pretax Income	2,532	2,358	985.24	-27.22	893.73	782.24
Income Tax Expense	712.73	658.2	352.54	-11.91	311.84	232.37
Earnings From Continuing Operations	1,820	1,700	632.7	-15.3	581.9	549.87
Minority Interest in Earnings	0.1	0.23	-0.1	-0.02	-0.02	0.01
Net Income	1,820	1,700	632.6	-15.32	581.88	549.89
Net Income to Common	1,820	1,700	632.6	-15.32	581.88	549.89
Net Income Growth	83.13%	168.71%	-	-	5.82%	23.61%
Basic Shares Outstanding	-	323	323	323	323	323
Diluted Shares Outstanding	-	323	323	323	323	323
EPS (Basic)	-	5.27	1.96	-0.05	1.80	1.70
EPS (Diluted)	-	5.27	1.96	-0.05	1.80	1.70
EPS Growth	-	168.88%	-	-	5.88%	23.26%
Dividend Per Share	0.340	0.340	-	-	0.620	0.550
Dividend Growth	-	-	-	-	12.73%	83.33%
Effective Tax Rate	28.14%	27.92%	35.78%	-	34.89%	29.70%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.