CAL Bank’s Total Assets Drop by GHS 1.42bn in Q3 2025; CAR Remains Below Regulatory Threshold
A perusal of the 2025 third-quarter financial statements of CAL Bank Limited reveals a decline of GHS 1.42 billion in the bank’s total asset value between Q3 2024 and Q3 2025.
According to the financial results, CAL Bank’s total assets dropped from GHS 12.28 billion in Q3 2024 to GHS 10.86 billion in Q3 2025.
The decline in asset value was largely driven by reductions in cash and cash equivalents, as well as loans and advances to customers, which stood at GHS 2.21 billion and GHS 1.27 billion, respectively, at end-Q3 2025.
Investment securities, however, recorded growth within the review period, rising to GHS 5.16 billion from GHS 4.02 billion in Q3 2024.
Further analysis of the financial statement shows that total liabilities stood at GHS 10.41 billion, almost at par with the bank’s total assets value. The difference of approximately GHS 448 million represents shareholders’ equity.
Liabilities were primarily driven by deposits from customers, which declined to GHS 8.54 billion in Q3 2025, compared to GHS 9.93 billion in the same period of 2024.
Despite the decline in deposits, CAL Bank recorded an improvement in total comprehensive profit, which rose to GHS 230 million at the end of Q3 2025 from GHS 213 million in Q3 2024.
The bank’s earnings per share (EPS), however, fell to 28 pesewas from the 45 pesewas recorded in the corresponding period last year.
CAL Bank’s Capital Adequacy Ratio (CAR) — a key indicator of its financial soundness — stood at -1.6% at end-Q3 2025, significantly below the Bank of Ghana’s minimum regulatory requirement of 13%. The reported ratio, nonetheless, marks a notable improvement from the -8.6% CAR recorded in Q3 2024.
Loan asset quality also improved within the review period, with the bank’s non-performing loan (NPL) ratio declining from 41.9% in Q3 2024 to 26.5% in Q3 2025. Despite the improvement, the current NPL ratio remains above the industry average of around 21%.
