Ecobank Group has achieved a profit before tax of $657 million in its nine months of operations, against $493 million posted in the corresponding period in 2024.

The bank’s unaudited financial results for the first nine months of 2025 showed a 34 per cent rise in profit to $657 million, higher than $493 million in the previous year, while earnings per share rose by 36 per cent to 1.29 US cents ($0.01), underpinned by sustained revenue momentum, disciplined cost management, and prudent risk practices.

The bank’s net revenue also grew by 18 per cent to $1.8 billion, reflecting broad-based strength across business lines and regions. Operating efficiency continued to improve, with the cost-to-income ratio (CIR) declining to 48.0 per cent, a record low for the Group.
Ecobank generated positive operating leverage of 14 per cent, as net revenue growth (+18 per cent year-on-year) outpaced operating expense growth (+4 per cent). Its balance sheet remained resilient, supported by strong liquidity and capital buffers.

Gross loans increased by $1.7 billion year-to-date to $12.2 billion, while customer deposits rose by $3.7 billion to $24.1 billion. Asset quality also improved, with the non-performing loan (NPL) ratio reducing to 5.3 per cent from 7.0 per cent in Q1 2024.
According to the bank, this reflects the continued success of loan recovery and risk remediation initiatives. The Group maintained a sound capital position, with an estimated CET1 ratio of 12.9 per cent and a total capital adequacy ratio (CAR) of 16.8 per cent, both comfortably above regulatory minimums.

Ecobank’s diversified earnings continued to underpin performance. Non-interest revenue (NIR) accounted for 42.4 per cent of total revenue, with payments contributing 29.7 per cent of NIR. Payment revenue rose by 13 per cent to $221 million, driven by a strong performance in wholesale payments and cards.
Corporate and Investment Banking (CIB) delivered a profit before tax of $526 million, up 43 per cent, supported by robust origination and cross-selling. Consumer and Commercial Banking (CCB) achieved a $354 million profit before tax, up 21 per cent, driven by a clear segmentation strategy, growth in deposits, digital channels, and customer engagement initiatives.

The Group’s performance underscored Ecobank’s earnings resilience and capacity to generate strong returns despite a dynamic operating environment.
As macroeconomic conditions stabilise and rates normalise, Ecobank remains focused on disciplined capital allocation, digital innovation, and strengthening its leadership as Africa’s premier pan-regional banking group.

Chief Executive Officer of Ecobank Group, Jeremy Awori, stated that the bank is pleased to report strong results for the nine months ending September 2025.
He highlighted that the Group’s return on tangible equity stood at 31.2 per cent, tangible book value per share increased by 83 per cent, and profit before tax rose by 34 per cent to $657 million.

According to Awori, these results underscore the continued success of Ecobank’s Growth, Transformation, and Returns (GTR) strategy, the strength of its diversified and synergistic business model, and the benefits of a steadily improving economic environment across its key markets.
Awori noted that group-wide revenue grew by 18 per cent to $1.8 billion, marking the fastest growth in a decade, with all business lines performing well.

In Corporate and Investment Banking (CIB), he said revenues rose by 18 per cent, driven by focused client account planning, strong origination and execution discipline, and enhanced cross-selling and product offerings.
Awori emphasised that the bank’s investments in digital channels, mobile banking, and the installation of about 400 new state-of-the-art ATMs will further improve customer experience and drive financial inclusion.

He added that Ecobank has also strengthened its Ellevate programme to empower women entrepreneurs across Africa, renewed its focus on the agricultural sector, and enhanced digital account opening, wealth management, and lending services.
Commenting on payments, fintech, and cross-border remittances, Awori revealed that revenues in this segment grew by 13 per cent to $221 million, representing 13 per cent of group-wide revenues. This growth was mainly supported by a 20 per cent increase in Disbursement Services and a 14 per cent rise in Cards.

Awori expressed satisfaction with the significant progress Ecobank is making on its strategic priorities, transformative initiatives, and partnerships aimed at accelerating future growth and delivering more efficient, customer-focused services.
As Ecobank celebrates its 40th anniversary this October, he expressed gratitude to all who have contributed to building the foundation that continues to support the Group’s mission of delivering innovative financial solutions to businesses, governments, and households, thereby fostering economic and financial integration across Africa.