First Atlantic Bank Posts GH¢393.8m net Profit in 2025; Assets hit GH¢18.8bn
First Atlantic Bank PLC delivered a net profit of GH¢393.84 million for the year ended December 31, 2025, marking a 16.8 per cent growth over the GH¢337.11 million achieved in 2024.
Figures from the Bank’s consolidated financial statements indicate that profit before tax rose to GH¢579.17 million, compared to GH¢539.92 million in the preceding year.
Earnings performance
Net interest income came in at GH¢556.36 million in 2025, marginally below the GH¢576.09 million recorded in 2024, largely due to a sharp increase in interest expense to GH¢468.01 million from GH¢302.40 million.
Net fee and commission income eased to GH¢162.75 million from GH¢180.20 million year-on-year.
A significant decline in net trading income from GHS 335 million to GH¢135.09 million in 2025, coupled with other operating income of GH¢5.24 million, eased total operating income to GH¢859.44 million from GHS 1.09 billion in 2024.
The Bank booked a net impairment charge gain of GH¢203.72 million during the year, compared to a net impairment loss of GH¢38.53 million in 2024.
Personnel expenses edged up to GH¢259.62 million from GH¢257.06 million, while other operating expenses reduced to GH¢159.59 million from GH¢207.50 million.
Statement of financial position
Total assets grew strongly by 41.2 per cent to GH¢18.82 billion in 2025, up from GH¢13.32 billion in 2024.
Cash and balances with banks surged to GH¢8.16 billion from GH¢4.60 billion. Investment securities rose to GH¢2.90 billion from GH¢2.65 billion, while loans and advances to customers increased slightly to GH¢1.95 billion from GH¢1.93 billion.
Deposits from customers climbed markedly to GH¢16.64 billion, compared to GH¢11.61 billion in the previous year, reflecting robust deposit growth.
Total equity advanced to GH¢2.12 billion from GH¢1.60 billion, supported by an increase in retained earnings to GH¢483.21 million.
Regulatory and risk metrics
The Bank’s Capital Adequacy Ratio (CAR) settled at 16.91 per cent in 2025, marginally lower than the 16.98 per cent posted in 2024 but still above the regulatory threshold.
The Non-Performing Loan (NPL) ratio improved to 17.80 per cent from 19.10 per cent, while the liquidity ratio strengthened to 143 per cent from 138 per cent year-on-year.
There were no breaches of statutory liquidity requirements in 2025. However, the Bank recorded one breach of prudential guidelines, resulting in a GH¢2 million penalty, compared to three breaches and related sanctions of GH¢23.82 million in 2024.
