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Nairametrics
Home Markets Equities Company Results

Ecobank Transnational Inc. grows profit by 29% to N62.6 billion in H1 2021.

Chidi Emenike by Chidi Emenike
July 26, 2021
in Company Results, Markets
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Ecobank Transnational Incorporated released its unaudited financial statements for the period ended 30th of June, 2021.

  • Net interest income for the period was N184.8 billion. (+14% YoY)
  • Fees and commission income of N92.8 billion. (+22% YoY)
  • Operating income was N334.9 billion. (+15% YoY)
  • Operating expenses totalled N196.62 billion. (+6% YoY)
  • Profit for the period was N62.6 billion. (+29% YoY)
  • Earnings per share from continuing operations of N1.74 Vs N1.35 YoY.
  • Total loans and advances to customers stood at N3.6 trillion
  • Total customers deposit stood at N7.9 trillion

See link to results.

 

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Tags: Company Financial ResultsEcobank Transnational Inc
Chidi Emenike

Chidi Emenike

Chidi Emenike is a graduate of economics, a Young African Leadership Initiative Fellow and an Investment Foundations certificate holder. He worked as a graduate Teaching Assistant in the Federal College of Education Kano and is also a trained National Peer Group Educator on Financial Inclusion

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