ECOBANK GROUP POSTS $398M PRE-TAX PROFIT…Rakes in $1.1B Revenue in H1 2025

Ecobank Group kicked off 2025 with strong momentum, posting profit before tax of $398 million for the first half of the year representing 23% surge over last year.
According to its unaudited financial results released on 29th July, 2025, the pan-African banking group posted a 12% year-on-year increase in net revenue to $1.1 billion.
This the bank indicates that it has showcased resilience and operational strength despite ongoing economic headwinds in key African markets.
The Group’s cost-to-income ratio improved to 49.1%, its best in over a decade, reflecting enhanced efficiency and disciplined cost management. Customer deposits jumped by $3.4 billion to reach $23.9 billion, with 83% of deposits held in low-cost current and savings accounts, highlighting rising customer confidence in the Group’s offerings.
Chief Executive Officer Jeremy Awori held that the results underscore Ecobank’s resilience and the strength of its diversified business model.
“Our financial performance in the first half of 2025 reflects the benefits of our Growth, Transformation, and Returns (GTR) strategy, as well as our ability to navigate macroeconomic uncertainties,” Awori noted.
Ecobank’s Corporate and Investment Banking division led the way, with a 44% increase in profit before tax to $323 million, driven by strong demand for foreign exchange and trade finance services.
The Consumer and Commercial Banking arm also delivered a 10% increase in profit before tax, reaching $216 million, fuelled by continued growth among small businesses and high-net-worth clients.
Regionally, performance remained robust across all operating areas. Francophone West Africa posted a 12% rise in profit before tax to $176 million, while Anglophone West Africa recorded $175 million up 19%, largely due to a rebound in Ghana. Nigeria saw a 45% improvement in profit before tax, signalling a positive shift in the country’s economic landscape. Central, Eastern and Southern Africa contributed $207 million in profit before tax, marking a 27% increase.
Asset quality improved as the Group reduced its non-performing loan ratio to 5.7%, down from 6.7% at the end of 2024. Capital buffers remained strong, sitting approximately 300 basis points above regulatory minimums.
Ecobank also accelerated its digital transformation during the period. A landmark partnership with Google Cloud the first of its kind for an African bank aims to enhance data security, modernize infrastructure, and scale payment innovation. The Group invested heavily in customer experience and operational technology, rolling out hundreds of new ATMs and upgrading systems for loan management, transaction banking, and wealth management.
“As we approach our 40th anniversary, our focus remains on delivering world-class financial services, driving financial inclusion, and creating lasting value across Africa,” Awori said.