Plus234Feed

Ecobank Group Reports $657 Million Profit Before Tax in Nine Months

Business
This Day
1 min read
Ecobank Group Reports $657 Million Profit Before Tax in Nine Months

Ecobank Group announced a profit before tax of $657 million for the nine months ending September 30, 2025, marking a 34% increase from the previous year. The group's earnings per share rose by 36% to 1.29 US cents.

Net revenue grew by 18% to $1.8 billion, reflecting strength across business lines. The CEO, Jeremi Awori, highlighted the strong results, with a 31.2% return on tangible equity and a 83% increase in tangible book value per share.

The group's cost-income ratio improved to 48%, supporting revenue growth and operational efficiency.

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

Read full article

Continue on This Day

Visit
Share

Get the week in one email

Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.

Free · one email per week · unsubscribe anytime

Related Stories

Get Plus234Feed on messaging apps

Same headlines, delivered where you already scroll.