Ecobank records N904.7 billion profit

14 Apr 2026

By Damilare Adeleye

Ecobank Group has announced a robust financial performance for the year 2025, recording the sum of N904.7 billion profit after tax.

This was disclosed in the bank’s audited financial statement released on Friday, April 10, 2026 by its Chief Executive Officer Jeremy Awori and its Executive Director and Chief Financial Officer, Ayo Adepoju.

The pan-African bank also recorded a 14 per cent increase in gross earnings to $3.21 billion, equivalent to N4.88 trillion. Its revenue also rose by 17 per cent to $2.45 billion (N3.73 trillion), reflecting stronger income generation across its business segments.

Profitability metrics showed that its operating profit before impairment charges climbed 29 per cent to $1.27 billion (N1.93 trillion), while profit before tax rose 21 per cent to $800.9 million (N1.22 trillion).

The bank’s total assets increased by 23 per cent to $34.5 billion (N49.66 trillion), driven largely by growth in loans and customer deposits.

Notably, the group’s total equity recorded one of the strongest increases, jumping 60 per cent to $2.86 billion (N4.12 trillion), indicating a significantly strengthened capital base.

The consolidated financial statement highlighted sustained expansion in Ecobank’s core banking operations across its African markets, supported by improved macroeconomic conditions, enhanced operational efficiency, and strategic balance sheet management.

Overall, Ecobank’s 2025 performance underscores a year of strong financial resilience and growth, with improved profitability, expanded assets, and strengthened capital positioning setting a positive outlook for the group’s operations going forward.