Ecobank Reports Q2 2025 Performance with ₦352.92 Billion Profit Before Tax
Pan-African financial giant, Ecobank Transnational Incorporated, has published its unaudited second-quarter 2025 results, showcasing strong growth in earnings and assets across its 33-country network.
The bank posted a ₦352.92 billion profit before tax, marking a 45.86% increase year-on-year and a 32% rise compared to Q1 2025. For the first half of 2025, profit reached ₦620.23 billion—already surpassing 60% of 2024’s full-year earnings.
Interest income, which constituted over 63% of gross earnings, grew faster than interest expenses, enhancing net interest margins. Non-interest revenue also climbed over 34% year-on-year.
Key Financial Highlights (Q2 2025 vs Q2 2024):
Interest Income: ₦794.03 billion (+28.07%)
Interest Expense: ₦273.63 billion (+11.73%)
Net Interest Income: ₦520.40 billion (+38.73%)
Non-Interest Revenue: ₦428.80 billion (+34%)
Operating Income: ₦949.19 billion (+37%)
Operating Expense: ₦446.49 billion (+20%)
Operating Income Before Impairment: ₦502.60 billion (+55%)
Impairment Charge: ₦149.67 billion (+83%)
Profit After Tax: ₦246.77 billion (+45%)
Growth in loans and advances (+9.88%) and customer deposits (+15.56%) also boosted total assets to ₦49.09 trillion.
The bank increased its investments in securities and treasury bills by ₦3.07 trillion, while expanding customer and bank loans by ₦2.4 trillion in H1 2025. FX and trading income contributed ₦298.3 billion to earnings.
Despite increased impairment charges reflecting cautious credit risk management, the bank’s equity base surged 30.17% to ₦3.62 trillion. As of July 28, 2025, Ecobank’s shares traded at ₦34, marking a 21% gain year-to-date.
