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Ecobank Group Reports $801M Profit Before Tax for 2025

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Ecobank Group Reports $801M Profit Before Tax for 2025

Ecobank Group announced a profit before tax of $801 million for the fiscal year ending December 31, 2025, marking a 21% increase from $661.86 million in 2024. The group's net revenue rose to $2.45 billion, a 17% increase from $2.09 billion in 2024, driven by robust performance in corporate investment banking and consumer commercial banking.

The Central Eastern Southern Africa (CESA) region emerged as the fastest-growing area, contributing significantly to profits. The group maintained a strong balance sheet with a return on tangible equity of 27.8% and a cost-to-income ratio improved to 48.3%, down from 52.8% the previous year.

Ecobank's Chief Executive Officer, Jeremi Awori, highlighted the successful execution of their growth transformation strategy. The board recommended a dividend payout of $40 million, subject to shareholder approval at the annual general meeting.

The group also reported a 40% increase in profit tax for corporate investment banking, reaching $697 million.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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