Ecobank Transnational Incorporated (ETI) has released its unaudited Q3 2025 financial statement, posting a strong quarterly performance with pre-tax profit rising 47% year-on-year to N394.6 billion.
In the same quarter, profit after tax also climbed to N268.5 billion, representing a 48% jump from Q3 2024 figures, despite increased provisioning and a one-off loss from discontinued operations.
This strong Q3 showing pushed Ecobank’s 9-month pre-tax profit to N1.01 trillion, up 42% year-on-year, while profit after tax for the nine months rose to N702.4 billion, a 43% increase compared to the same period in 2024.
Ecobank’s strong Q3 numbers were driven by more lending, better pricing, and vibrant non-interest income:
Despite operating across multiple African countries, many of which are battling high inflation and currency devaluation, Ecobank kept its cost growth moderate, with operating expenses rising just 3% to N446.2 billion in Q3 2025.
However, while costs were contained, the Group increased its loan loss provisions significantly. Impairment charges surged 64% to N129.7 billion, suggesting a more cautious approach to credit risk
Overall, the balance sheet paints a picture of a bank that is growing sustainably while keeping a close eye on risk and liquidity.
The significant growth in shareholders’ funds appears to be driven by higher retained earnings, FX translation gains, and fair value adjustments.
This reflects not just strong profitability, but a balance sheet boosted by both operational performance and favourable currency movements across Ecobank’s multi-country footprint.
Group CEO, Jeremy Awori, noted that the bank’s performance in Q3 reflects “resilience in the face of macroeconomic uncertainty” and the success of its strategy to grow sustainably while managing risk.
“We’re pleased with the strong momentum across our businesses this quarter. Our continued investment in digital capabilities and our ability to serve customers across 33 markets is paying off. Despite persistent inflation and FX volatility in many of our markets, we’ve delivered solid earnings, strengthened our capital, and deepened customer trust.”
Ecobank’s Q3 2025 performance shows solid operational momentum, with strong top- and bottom-line growth, improved margins, and a healthier capital position.
However, risks remain. Currency devaluations across key markets, rising credit risks, and macroeconomic uncertainty could test asset quality and earnings durability in the quarters ahead.