Ecobank Group Reports Strong Profit Growth on Higher Revenues and Cost Efficiency
Ecobank Group has reported a profit before tax of $657 million for the first nine months of 2025, representing a 34 percent increase compared to the same period last year.
The unaudited results released in Lomé show steady revenue expansion and disciplined cost management across its operations.
The Group Managing Director, Jeremy Awori, described the performance as evidence of a stronger business model and improved execution of the bank’s Growth, Transformation and Returns strategy.
Revenue Growth and Efficiency Gains
Net revenue rose by 18 percent to $1.8 billion during the period. The bank’s cost-to-income ratio improved to 48 percent, reflecting tighter controls on operating expenses and increased income from core business activities.
Earnings per share also increased to 1.29 US cents.
Stable Balance Sheet and Improved Asset Quality
Customer deposits grew to $24.1 billion, while gross loans rose to $12.2 billion as the Group deepened support for retail and corporate clients across its footprint.
The bank’s non-performing loan ratio declined to 5.3 percent, signaling improvement in credit quality and recovery efforts.
Ecobank maintained strong capital buffers, closing the period with a CET1 ratio of 12.9 percent and a total capital adequacy ratio of 16.8 percent.
Performance Across Business Segments
Corporate and Investment Banking delivered $526 million in profit before tax, representing a 43 percent increase driven by stronger client engagement and improved deal flow.
Consumer and Commercial Banking also recorded higher earnings, posting $354 million in profit before tax, boosted by growth in deposits, digital transactions and SME activity.
Payment services remained an important contributor to non-interest revenue, with payment-related income up 13 percent to $221 million.
CEO Outlook
Jeremy Awori said the Group is continuing to invest in digital platforms, infrastructure upgrades and programs that expand access to financial services across its African markets.
He noted that Ecobank will also scale its Ellevate programme, which supports women-led businesses, and continue to enhance cross-border trade services.
“As Ecobank marks its 40th anniversary, we are focused on delivering value to customers, shareholders and communities,” he said.
