Ecobank Transnational Incorporated (ETI) reported strong full-year financial results for the period ending 31 December 2025, driven by substantial growth in core revenue lines. The bank posted a profit before tax of N1.27 trillion in 2025, representing a significant increase compared with N986.6 billion in the prior year. This performance reflects solid operating and revenue momentum against a challenging macroeconomic backdrop.
Interest income emerged as a primary contributor to the year’s results. Total interest income climbed to N3.1 trillion, up from N2.7 trillion in 2024, as the bank benefited from higher yields on customer loans, investment securities, and government instruments. This expansion in interest earnings underpins ETI’s revenue base and signals effective deployment of the bank’s asset portfolio in a high-yield environment.
Non-interest revenue also improved, with fees and commission income rising 17% to N1.02 trillion. This increase was supported by cash management fees, card processing charges, and credit-related fees, indicating broader client engagement across transactional services. Operating income overall expanded to N3.6 trillion, up 18% year-on-year, as diversified revenue streams sustained growth beyond core interest margins.
Despite robust top-line growth, certain cost pressures emerged. Impairment charges on financial assets rose by 28% to N613.2 billion, reflecting heightened credit risk costs over the period. Operating expenses also rose, largely driven by higher staff and administrative costs. These expense trends indicate persistent cost pressures that remain a focus for future operational discipline.
Nevertheless, the bank managed to expand operating profit after impairment charges by 30%, demonstrating resilience in earnings generation despite higher provisions. This expansion validated the bank’s capacity to absorb increased risk costs while maintaining profitability improvements.
ETI’s profit after tax for the year amounted to N959.3 billion, up 29% from N742 billion in 2024. This growth reflects effective tax management and reinforces the bank’s ability to convert strong pre-tax earnings into substantial after-tax earnings.
On the balance sheet, total assets climbed to N49.4 trillion, a notable 14.2% increase year-on-year. This asset expansion was supported by growth in loans and advances to customers, investment securities, and cash holdings. The increase in total assets signals strategic balance sheet growth while diversifying sources of earnings and liquidity.
The bank’s cash balance improved to N8.57 trillion, up from N7.89 trillion at the end of December 2024, reflecting strong liquidity management. This enhanced cash position provides flexibility to support lending activities, manage funding requirements, and mitigate short-term risks.
On a quarterly basis, however, ETI’s profit before tax in Q4 2025 declined slightly to N264.5 billion, down from N274.3 billion in the same quarter of the prior year. This sequential softness highlights potential volatility in quarterly earnings and suggests the need for ongoing focus on sustaining momentum in every period.
Market response reflected confidence in the results. ETI’s share price on the Nigerian Exchange (NGX) traded higher, with gains exceeding 8% in early February 2026 and year-to-date gains above 23%. This positive market reaction underscores investor endorsement of the bank’s strategy and performance trajectory.
In summary, Ecobank’s 2025 results demonstrate strong profitability growth anchored by rising interest income and diversified revenue. While cost and credit risk pressures persist, the overall performance underscores disciplined execution and financial resilience in a competitive banking landscape.
