Ecobank Ghana Income Statement

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

Millions GHS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	4,047	4,969	3,623	2,934	1,742
Total Interest Income	4,047	4,969	3,623	2,934	1,742
Interest Paid on Deposits	1,367	1,202	699.12	411.57	197.21
Net Interest Income	2,680	3,767	2,924	2,522	1,545
Net Interest Income Growth (YoY)	-28.86%	28.83%	15.94%	63.23%	12.85%
Income From Trading Activities	1,695	1,072	1,897	25.25	144.58
Gain (Loss) on Sale of Assets	-	-	-	0.7	0.37
Other Non-Interest Income	839.53	520.62	504.26	420.12	425.23
Total Non-Interest Income	2,535	1,592	2,401	446.07	570.18
Non-Interest Income Growth (YoY)	59.20%	-33.69%	438.31%	-21.77%	18.95%
Revenues Before Loan Losses	5,215	5,359	5,325	2,968	2,115
Provision for Loan Losses	356.73	1,030	1,821	1,705	277.75
Revenue	4,858	4,330	3,504	1,263	1,837
Revenue Growth (YoY)	12.21%	23.55%	177.47%	-31.27%	10.15%
Salaries and Employee Benefits	834.21	694.98	666.57	537.92	397.04
Occupancy Expenses	89.59	89.71	83.18	74.58	65.65
Selling, General & Administrative	-	44.84	32.24	26.88	17.15
Other Non-Interest Expense	908.04	1,142	799.27	650.77	463.85
Total Non-Interest Expense	1,832	1,972	1,581	1,290	943.7
EBT Excluding Unusual Items	3,026	2,358	1,923	-27.22	893.73
Other Unusual Items	-	-	-937.76	-	-
Pretax Income	3,026	2,358	985.24	-27.22	893.73
Income Tax Expense	1,203	658.2	352.54	-11.91	311.84
Earnings From Continuing Operations	1,823	1,700	632.7	-15.3	581.9
Minority Interest in Earnings	-0.24	0.23	-0.1	-0.02	-0.02
Net Income	1,823	1,700	632.6	-15.32	581.88
Net Income to Common	1,823	1,700	632.6	-15.32	581.88
Net Income Growth	7.22%	168.71%	-	-	5.82%
Basic Shares Outstanding	323	323	323	323	323
Diluted Shares Outstanding	323	323	323	323	323
Shares Change (YoY)	0.01%	-	-	-	-
EPS (Basic)	5.65	5.27	1.96	-0.05	1.80
EPS (Diluted)	5.65	5.27	1.96	-0.05	1.80
EPS Growth	7.21%	168.88%	-	-	5.88%
Dividend Per Share	-	0.340	-	-	0.620
Dividend Growth	-	-	-	-	12.73%
Effective Tax Rate	39.76%	27.92%	35.78%	-	34.89%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.