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Home Business Banking & Finance

GCB Bank Doubles Profit to GHS 843m; Total Asset Valuation Hits GHS 45.4bn in Q2 2025 

1 month ago
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GCB Bank Doubles Profit to GHS 843m; Total Asset Valuation Hits GHS 45.4bn in Q2 2025 

GCB Bank PLC has posted a significant 99.3% year-on-year growth in net profit, recording GHS 843 million in the second quarter of 2025, up from GHS 423 million in the same period of 2024.

The strong performance, as contained in the bank’s Q2 2025 financial statement, was driven primarily by higher operating income, which rose to GHS 2.74 billion from GHS 1.88 billion a year earlier. The surge in operating income was underpinned by a sharp increase in interest income, which climbed to GHS 2.79 billion from GHS 1.90 billion in Q2 2024.

Total assets of the bank also expanded significantly, rising to GHS 45.4 billion as of June 2025, compared to GHS 33.1 billion in June 2024. The asset growth was supported by increases in the bank’s cash and cash equivalents, investment securities, and loans and advances.

At the end of the quarter, GCB Bank reported GHS 12.9 billion in cash and cash equivalents, GHS 17.3 billion in investment securities, and GHS 10.4 billion in loans and advances.

Liabilities grew from GHS 29.9 billion in Q2 2024 to GHS 40.5 billion in Q2 2025. This was largely on account of a rise in customer deposits and borrowings, which stood at GHS 34.4 billion and GHS 4.6 billion, respectively.

Shareholders’ equity improved to GHS 4.9 billion, reflecting a GHS 1.7 billion increase over the GHS 3.2 billion recorded in the prior-year period.

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Asset quality showed notable progress during the period under review. The bank’s non-performing loans (NPL) ratio declined from 19.9% in Q2 2024 to 13.8% in Q2 2025, indicating enhanced credit risk management.

GCB’s capital adequacy ratio, a key measure of financial resilience, also improved to 20%, up from 18.5% last year, signaling a stronger capital position and improved capacity to absorb potential losses.

Tags: GCB BankGCB Bank Doubles Profit to GHS 843m; Total Asset Valuation Hits GHS 45.4bn in Q2 2025Total Asset Valuation

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