Ecobank Transnational Incorporated (ETI) posted a strong performance for the first nine months of 2025, with earnings and profitability improving across key business lines despite macroeconomic pressures in several African markets.
Gross earnings rose 14 percent to $2.31 billion (₦3.55 trillion), supported by higher interest income, fee growth, and stable foreign exchange gains.
Revenue advanced by 18 percent to $1.75 billion (₦2.71 trillion), while operating profit before impairment charges grew 34 percent to $910.8 million (₦1.41 trillion).
Profit before tax climbed 33 percent to $656.6 million (₦1.01 trillion), compared to $493.2 million in the same period of 2024. Profit after tax followed the same trajectory, rising 33 percent to $454.5 million (₦702.4 billion).
Basic earnings per share improved to 1.29 US cents (₦1,986.22 kobo), up 35 percent year on year.
Total assets increased 16 percent to $32.4 billion (₦47.97 trillion), reflecting balance sheet expansion across Ecobank’s regional subsidiaries.
Customer deposits grew 18 percent to $24.1 billion (₦35.68 trillion), while loans and advances to customers rose 15 percent to $11.3 billion (₦16.78 trillion).
Total equity increased 39 percent to $2.5 billion (₦3.69 trillion), driven by retained earnings and stronger capital buffers.
Interest income rose 13 percent to $1.51 billion, while interest expense declined marginally by 1 percent, resulting in a 21 percent increase in net interest income to $1.01 billion.
Non-interest income advanced 14 percent to $742.6 million, supported by higher trading income, fees, and commissions.
Operating expenses rose slightly by 4 percent to $841 million as the Group maintained cost discipline despite inflationary pressures.
The bank’s operating leverage improved, boosting profitability margins across its business clusters.
Total comprehensive income for the period reached $800.7 million, compared to a loss of $38.4 million a year earlier. The improvement was driven by strong earnings and positive currency translation adjustments from regional operations.
Group Chief Executive Officer Jeremy Awori and Group Chief Financial Officer Ayo Adepoju (Ph.D.) attributed the performance to the Group’s diversified balance sheet, efficient capital management, and sustained digital transformation strategy.
They reaffirmed Ecobank’s commitment to strengthening its franchise, enhancing shareholder returns, and supporting clients across its 33-country network.
Ecobank remains one of Africa’s most diversified and systemically important financial institutions, maintaining strong liquidity and capital adequacy ratios across its subsidiaries.
The Group’s consistent earnings growth underscores its capacity to navigate currency volatility, inflation, and market headwinds while expanding profitability.
