Ecobank Group today announced its unaudited financial results for the year ended 31 December 2025, posting a significant 29% year-on-year increase in profit after tax to ₦950.0 billion, up from ₦735.9 billion in 2024.
Ecobank’s 2025 results come as the Group marks its 40th anniversary with growth driven by strong revenue expansion, improved operational efficiency, and disciplined cost management across its diversified pan-African operations spanning multiple markets.
Key income statement highlights FY 2025
Gross Earnings rose 14% to ₦4.817 trillion (from ₦4.208 trillion in 2024), reflecting solid growth in core banking activities despite a slight quarterly softening in Q4.
Revenue increased by a stronger 18% to ₦3.667 trillion
Operating profit before impairment charges climbed 29% to ₦1.892 trillion.
Profit before tax advanced 30% to ₦1.279 trillion (compared with ₦986.7 billion in the prior year), with interest income growth playing a major role amid higher yields in several markets.
The profit after tax of ₦950 billion represents a 29% improvement
On the balance sheet front, the Group continued to strengthen its financial position:
Total assets grew 14% to ₦49.44 trillion
Customer deposits increased 15% to ₦36.45 trillion, reflecting continued customer confidence and deposit mobilisation efforts.
Total equity surged 50% to ₦4.17 trillion, bolstered by retained earnings and other gains.
Commenting on the results, Jeremy Awori, Group Chief Executive Officer of Ecobank, said: “2025 was a year of strong execution and resilience for Ecobank Group. Our profit after tax growth of 29% to ₦950 billion demonstrates the effectiveness of our pan-African model, disciplined cost control, and focus on delivering sustainable returns. We remain committed to connecting Africa and supporting economic growth across our footprint.”