First Atlantic Bank 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	1,431	878.49	847.59	571.96	385.71
Interest Paid on Deposits	468.01	302.4	185	159.46	86.96
Net Interest Income	962.65	576.09	662.59	412.5	298.75
Net Interest Income Growth (YoY)	67.10%	-13.05%	60.63%	38.07%	51.16%
Income From Trading Activities	160.28	335.65	254.85	6.85	33.6
Gain (Loss) on Sale of Assets	2.48	0.74	0.36	1.83	0.35
Other Non-Interest Income	177.01	181.95	127.22	95.41	57.19
Total Non-Interest Income	339.76	518.35	382.44	104.09	91.14
Non-Interest Income Growth (YoY)	-34.45%	35.54%	267.41%	14.21%	-18.88%
Revenues Before Loan Losses	1,302	1,094	1,045	516.59	389.89
Provision for Loan Losses	79.6	38.53	366.43	229.82	17.81
Revenue	1,223	1,056	678.6	286.76	372.08
Revenue Growth (YoY)	15.81%	55.60%	136.64%	-22.93%	34.09%
Salaries and Employee Benefits	259.25	257.06	145.84	112.95	102.73
Occupancy Expenses	59.56	45.5	32.32	22.29	23.02
Selling, General & Administrative	17.38	16.49	12.65	22.67	16.16
Other Non-Interest Expense	254.69	251.22	197.31	109.37	89.23
Total Non-Interest Expense	590.17	569.89	387.89	266.97	230.92
EBT Excluding Unusual Items	632.65	486.02	290.7	19.79	141.16
Other Unusual Items	-	-	-	-	1.05
Pretax Income	632.65	486.02	290.7	19.79	142.21
Income Tax Expense	149.78	148.91	0.11	19.95	25.86
Earnings From Continuing Operations	482.87	337.11	290.6	-0.16	116.36
Minority Interest in Earnings	-0.38	-0.19	0.14	-	-
Net Income	482.49	336.92	290.73	-0.16	116.36
Net Income to Common	482.49	336.92	290.73	-0.16	116.36
Net Income Growth	43.21%	15.88%	-	-	35.59%
Basic Shares Outstanding	339	336	334	334	334
Diluted Shares Outstanding	339	336	334	334	334
Shares Change (YoY)	1.06%	0.42%	-	-	3.69%
EPS (Basic)	1.42	1.00	0.87	-0.00	0.35
EPS (Diluted)	1.42	1.00	0.87	-0.00	0.35
EPS Growth	42.27%	14.94%	-	-	30.74%
Dividend Per Share	0.290	0.220	-	-	0.117
Dividend Growth	31.82%	-	-	-	-
Effective Tax Rate	23.67%	30.64%	0.04%	100.80%	18.18%

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