Ecobank Transnational Incorporated (NGX: ETI)

Ecobank Transnational Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3,798	3,005	3,349	3,140	2,739	1,946
Investment Securities	9,847	10,000	10,104	10,288	9,127	7,940
Trading Asset Securities	118.09	119.34	310.66	424.45	271.65	248.12
Total Investments	9,965	10,119	10,414	10,712	9,398	8,189
Gross Loans	10,295	11,062	11,521	10,228	9,798	9,834
Allowance for Loan Losses	-587.21	-519.06	-518.11	-652.38	-558.12	-557.05
Net Loans	9,708	10,543	11,003	9,576	9,240	9,277
Property, Plant & Equipment	528.52	588.35	754.01	750.62	810.52	831.18
Goodwill	-	11.85	13.92	18.34	-	191.63
Other Intangible Assets	46.05	43.47	70.62	103.95	151.87	118.34
Investments in Real Estate	11.3	11.07	9.92	11.02	12.37	21.71
Other Receivables	817.3	931.05	926.42	779.11	778.95	922.16
Restricted Cash	1,077	1,335	1,725	1,677	1,651	1,265
Other Current Assets	111.89	193.3	281.01	356.49	370.97	242
Long-Term Deferred Tax Assets	231.59	225.74	229.43	202	164.49	116.42
Other Real Estate Owned & Foreclosed	195.32	177.08	169.31	168.48	198.65	170.39
Other Long-Term Assets	67.73	46.86	57.98	66.88	423.6	351.48
Total Assets	26,558	27,230	29,004	27,562	25,939	23,641
Accounts Payable	262.21	271.5	167.59	48.91	61.34	51.83
Accrued Expenses	265.1	232.96	279.25	222.73	226.04	202.52
Interest Bearing Deposits	8,046	8,296	9,691	9,351	9,134	8,636
Non-Interest Bearing Deposits	12,838	13,266	13,585	12,593	11,549	9,818
Total Deposits	20,883	21,562	23,275	21,943	20,684	18,454
Short-Term Borrowings	26.02	44.3	94.22	29.1	78.91	51.26
Current Portion of Leases	-	2.09	2.59	2.23	-	36.79
Current Income Taxes Payable	94.55	112.64	77.7	66.34	68.53	54.76
Other Current Liabilities	841.74	756.52	509	485.28	642.73	634.74
Long-Term Debt	2,307	2,196	2,226	2,308	1,923	1,950
Long-Term Leases	-	51.46	49.6	42.33	-	88.32
Long-Term Unearned Revenue	113.58	101.27	113.3	64.34	-	-
Pension & Post-Retirement Benefits	28.79	30.99	19.26	25.08	22.17	31.08
Long-Term Deferred Tax Liabilities	53.83	71.61	99.95	87.75	76.53	67.56
Other Long-Term Liabilities	63.89	62.28	63.26	72.23	60.46	68.48
Total Liabilities	24,940	25,496	26,977	25,397	23,912	21,755
Common Stock	2,114	2,114	2,114	2,114	2,114	2,114
Retained Earnings	978.2	746.41	571.03	434.42	199.17	245.56
Comprehensive Income & Other	-2,090	-1,732	-1,216	-941.9	-809.74	-882.83
Total Common Equity	1,002	1,128	1,469	1,606	1,503	1,477
Minority Interest	615.08	606.41	558.08	557.83	524.32	409.08
Shareholders' Equity	1,617	1,734	2,027	2,164	2,028	1,886
Total Liabilities & Equity	26,558	27,230	29,004	27,562	25,939	23,641
Total Debt	2,333	2,294	2,373	2,382	2,002	2,126
Net Cash (Debt)	3,654	3,021	2,710	3,426	2,964	1,896
Net Cash Growth	34.93%	11.47%	-20.90%	15.58%	56.38%	4.27%
Net Cash Per Share	0.15	0.12	0.11	0.14	0.12	0.08
Filing Date Shares Outstanding	24,593	24,593	24,593	24,593	24,593	24,593
Total Common Shares Outstanding	24,593	24,593	24,593	24,593	24,593	24,593
Book Value Per Share	0.04	0.05	0.06	0.07	0.06	0.06
Tangible Book Value	956.05	1,073	1,384	1,484	1,352	1,167
Tangible Book Value Per Share	0.04	0.04	0.06	0.06	0.05	0.05

Source: S&P Capital IQ. Banks template. Financial Sources.