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Nairametrics
Home Markets Equities Company Results

2020 FY Results: Ecobank Transnational Inc. posts N33.7 billion profit after tax.

Blurb Team @Nairametrics by Blurb Team @Nairametrics
March 23, 2021
in Company Results, Markets
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Ecobank Transnational Inc. released its full-year results for the year ended 31st December 2020.

  • Net interest income was N346.61 billion. (+27.8% YoY)
  • Operating income of N641.8 billion. (+9.4% YoY)
  • Operating expenses was N402.7 billion. (+3.7% YoY)
  • Profit after tax was N33.7 billion. (-66.1% YoY)
  • Earnings per share from continuous operations was N3.73 Vs N281.57
  • Customers’ deposits totaled N7.3 trillion. (+23.6% YoY)
  • No dividend announcement was made.

See link to results.


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Tags: Company Financial ResultsEcobank Transnational Inc
Blurb Team @Nairametrics

Blurb Team @Nairametrics

The "Blurb Team" is the official conveyer of the opinions of the Nairametrics Research & Analysis Board on matters of financial reports, macroeconomic data, and economic policies.

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