Ecobank Reports N1.01 Trillion Pre-Tax Profit for 2026

Ecobank Transnational Incorporated (ETI) reported a pre-tax profit of N1.01 trillion for the nine months ended September 30, 2026, which is a marginal decline of 0.41% from N1.015 trillion in the same period of 2025. The unaudited financial statements filed with the Nigerian Exchange (NGX) on October 27 indicate that the group’s nine-month revenue decreased by 0.61% to N2.69 trillion from N2.71 trillion.

Despite this decline in revenue, profit after tax increased by 0.71% to N707.40 billion, and basic earnings per share rose by 2.21% to approximately N20.30 from N19.86. In US dollar terms, the group experienced revenue growth of 12% to $1.96 billion, with pre-tax profit also increasing by 12% to $736.94 million.

The profit after tax increase was supported by lower funding and operating costs, with interest expenses declining by 5.47% to N728.26 billion. However, interest paid on customer deposits saw a slight increase to N481.04 billion from N479.35 billion.