Ecobank Group Grows Profit Before Tax by 23% to $398.5m in First Half of 2025
Ecobank Transnational Incorporated (ETI) has posted robust financial results for the first six months of 2025, with profit before tax rising by 23% year-on-year to $398.5 million.
The bank’s revenue grew by 12% to US$1.12 billion, supported by improved operating efficiency and strong topline performance across its subsidiaries. In Ghanaian cedi terms, revenue was up by 21% to GHS 15.57 billion.
Operating profit before impairment charges increased by 23% to US$568.1 million (GHS 7.92 billion), while profit after tax also rose by 23% to US$278.8 million (GHS 3.89 billion), reflecting the Group’s continued emphasis on cost discipline and risk-adjusted returns.
ETI’s total assets increased by 15% to US$32 billion, although in local currency terms, the value declined by 20% to GHS 330.4 billion due to the appreciation of the Cedi against the greenback
Customer loans and advances were up 11% year-on-year to US$11.0 billion, but declined by 22% in cedi terms to GHS 113.5 billion. Deposits from customers grew by 17% to US$23.9 billion, though it fell by 18% to GHS 246.0 billion in local currency.
The Group’s total equity rose by 32% to US$2.4 billion, but similarly declined by 8% to GHS 24.4 billion when translated into cedis.
Despite currency volatility in some markets, ETI maintained a strong performance across key metrics, demonstrating resilience in a challenging macroeconomic environment.
