Ecobank Ghana Income Statement

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

Millions GHS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	4,974	4,969	3,623	2,934	1,742	1,593
Interest Income on Investments	-	-	-	-	-	0.07
Total Interest Income	4,974	4,969	3,623	2,934	1,742	1,593
Interest Paid on Deposits	1,537	1,202	699.12	411.57	197.21	223.71
Net Interest Income	3,438	3,767	2,924	2,522	1,545	1,369
Net Interest Income Growth (YoY)	6.55%	28.83%	15.94%	63.23%	12.85%	27.88%
Income From Trading Activities	1,773	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	509.27	520.62	504.26	420.12	425.23	303
Total Non-Interest Income	2,282	1,592	2,401	446.07	570.18	479.34
Non-Interest Income Growth (YoY)	-17.83%	-33.69%	438.31%	-21.77%	18.95%	-6.95%
Revenues Before Loan Losses	5,720	5,359	5,325	2,968	2,115	1,848
Provision for Loan Losses	924.71	1,030	1,821	1,705	277.75	180.25
Revenue	4,795	4,330	3,504	1,263	1,837	1,668
Revenue Growth (YoY)	7.73%	23.55%	177.47%	-31.27%	10.15%	21.84%
Salaries and Employee Benefits	698.49	694.98	666.57	537.92	397.04	384.12
Occupancy Expenses	100.84	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	983.18	1,142	799.27	650.77	463.85	434.03
Total Non-Interest Expense	1,827	1,972	1,581	1,290	943.7	885.89
EBT Excluding Unusual Items	2,968	2,358	1,923	-27.22	893.73	782.24
Other Unusual Items	-	-	-937.76	-	-	-
Pretax Income	2,968	2,358	985.24	-27.22	893.73	782.24
Income Tax Expense	824.78	658.2	352.54	-11.91	311.84	232.37
Earnings From Continuing Operations	2,143	1,700	632.7	-15.3	581.9	549.87
Minority Interest in Earnings	-0.04	0.23	-0.1	-0.02	-0.02	0.01
Net Income	2,143	1,700	632.6	-15.32	581.88	549.89
Net Income to Common	2,143	1,700	632.6	-15.32	581.88	549.89
Net Income Growth	98.69%	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	27.79%	27.92%	35.78%	-	34.89%	29.70%

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