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Ecobank Approves $40 Million Dividend for Shareholders

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Ecobank Approves $40 Million Dividend for Shareholders

At the 2026 Annual General Meeting held in Lomé, shareholders of Ecobank Transnational Incorporated approved a resolution for a $40 million dividend payout for the 2025 financial year. This decision follows the bank's record fiscal performance, reporting a profit before tax of $801 million, which represents a 21% growth year-on-year.

The net revenue increased by 17% to $2.45 billion, while the pre-tax operating profit surged by 29% to $1.265 billion. Chairman Papa Ndiaye emphasized the bank's robust operational momentum and the importance of the dividend as a reflection of the institution's resilience and strong performance.

Chief Executive Officer Jeremi Awori reiterated the bank's commitment to a growth transformation strategy, which is central to expanding shareholder value. The bank's Tier 1 capital adequacy ratio stands at 16.7%, significantly above regulatory requirements, and its cost-to-income ratio has reached a historic low of 48.3% during the review period.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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