Republic Bank (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	1,287	1,202	975.43	625.16	482.67
Interest Paid on Deposits	532.41	552.12	417.87	232.23	179.42
Net Interest Income	754.45	650.15	557.56	392.92	303.25
Net Interest Income Growth (YoY)	16.04%	16.61%	41.90%	29.57%	11.81%
Income From Trading Activities	55.63	49.92	55.22	34.01	27.85
Gain (Loss) on Sale of Assets	-	1.14	0.08	0.73	2.29
Gain (Loss) on Sale of Investments	23.62	5.33	-3.05	4.69	4.09
Other Non-Interest Income	215.48	162.62	139.27	118.75	88.53
Total Non-Interest Income	294.73	219.02	191.52	158.18	122.75
Non-Interest Income Growth (YoY)	34.57%	14.36%	21.08%	28.86%	14.85%
Revenues Before Loan Losses	1,049	869.17	749.08	551.1	426.01
Provision for Loan Losses	20.7	31.61	66.09	241.61	20.45
Revenue	1,028	837.56	682.99	309.5	405.56
Revenue Growth (YoY)	22.80%	22.63%	120.68%	-23.69%	22.92%
Salaries and Employee Benefits	311.93	283.41	233.73	186.37	152.68
Occupancy Expenses	58.58	43.56	34.8	26.93	22.86
Selling, General & Administrative	4.03	14.9	11.82	12.64	11.19
Other Non-Interest Expense	255.27	198.09	174.36	99.41	92.97
Total Non-Interest Expense	629.81	539.96	454.71	325.36	279.7
EBT Excluding Unusual Items	398.67	297.6	228.28	-15.86	125.86
Pretax Income	398.67	297.6	228.28	-15.86	125.86
Income Tax Expense	110.73	86.92	83.24	45.27	35.98
Earnings From Continuing Operations	287.94	210.68	145.03	-61.13	89.88
Minority Interest in Earnings	-11.04	-8.81	-5.01	-2.55	-1.64
Net Income	276.9	201.87	140.03	-63.68	88.24
Net Income to Common	276.9	201.87	140.03	-63.68	88.24
Net Income Growth	37.17%	44.16%	-	-	56.41%
Basic Shares Outstanding	-	852	852	852	852
Diluted Shares Outstanding	-	852	852	852	852
EPS (Basic)	-	0.24	0.16	-0.07	0.10
EPS (Diluted)	-	0.24	0.16	-0.07	0.10
EPS Growth	-	44.14%	-	-	56.45%
Dividend Per Share	0.050	-	-	-	-
Effective Tax Rate	27.78%	29.21%	36.47%	-	28.59%

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