Ecobank Transnational Integrated (ETI) reported a pre-tax benefit of N1.01 trillion for the 9 months ended September 30, 2026, representing a marginal decline of 0.41% from N1.015 trillion within the corresponding duration of 2025.
The unaudited monetary statements filed with the Nigerian Alternate (NGX) on Tuesday, October 27, presentations that the gang’s nine-month earnings declined via 0.61% to N2.69 trillion from N2.71 trillion.
Regardless of the weaker earnings efficiency in naira phrases, benefit after tax larger via 0.71% to N707.40 billion, whilst fundamental profits according to percentage rose via 2.21% to roughly N20.30 from N19.86.
In its US greenback reporting forex, alternatively, the gang recorded earnings expansion of 12% to $1.96 billion, whilst pre-tax benefit larger via 12% to $736.94 million.
Key Highlights
- Gross profits: N3.50 trillion (Down 1.46% YoY from N3.55 trillion).
- Income: N2.69 trillion (Down 0.61% YoY from N2.71 trillion).
- Web curiosity revenue: N1.55 trillion (Down 0.60% YoY from N1.56 trillion).
- Non-interest earnings: N1.14 trillion (Down 0.62% YoY from N1.15 trillion).
- Running benefit ahead of impairment: N1.40 trillion (Down 0.23% YoY from N1.41 trillion).
- Pre-tax benefit: N1.01 trillion (Down 0.41% YoY from N1.015 trillion).
- Benefit after tax: N707.40 billion (Up 0.71% YoY from N702.40 billion).995006
- Profits according to percentage: N20.30 (Up 2.21% YoY from N19.86).
- General property: N47.92 trillion (Down 3.50% from N49.66 trillion).
- Buyer deposits: N36.70 trillion (Up 0.72% from N36.44 trillion).
- Loans and advances to shoppers: N15.95 trillion (Down 5.94% from N16.96 trillion).
- Money and balances with central banks: N9.39 trillion (Up 10.98% from N8.46 trillion).
- General fairness: N3.90 trillion (Down 5.33% from N4.12 trillion).
Riding the numbers
Ecobank’s nine-month benefit after tax larger via 0.71% to N707.40 billion from N702.40 billion, regardless of a marginal decline in earnings to N2.69 trillion from N2.71 trillion.
The development used to be in part supported via decrease investment and working prices.
Passion bills declined via 5.47% to N728.26 billion from N770.42 billion, in large part pushed via decrease curiosity bills on deposits from banks, which fell to N51.46 billion from N81.94 billion, and different borrowed budget, which declined to N186.66 billion from N197.03 billion. On the other hand, curiosity paid on buyer deposits larger marginally to N481.04 billion from N479.35 billion.
At the revenue facet, curiosity revenue declined via 2.21% to N2.28 trillion from N2.33 trillion, principally reflecting decrease profits from loans and advances to shoppers, which fell to N1.13 trillion from N1.16 trillion, and funding securities, which declined to N512.38 billion from N543.44 billion.
- This used to be in part offset via upper revenue from treasury expenses and different eligible expenses, which larger to N469.62 billion from N456.32 billion.
In consequence, internet curiosity revenue declined marginally to N1.55 trillion from N1.56 trillion, as decrease investment prices helped cushion the aid in curiosity profits.
Web curiosity revenue after impairment fees declined marginally to N1.16 trillion from N1.17 trillion within the corresponding duration of 2025.
- This used to be in large part because of weaker curiosity profits, as internet curiosity revenue fell to N1.55 trillion from N1.56 trillion, regardless of decrease investment prices.
In the meantime, impairment fees, which duvet attainable losses from unpaid loans and different monetary property, remained somewhat solid at N393.87 billion, in comparison with N393.68 billion in 2025.
Even if fees on loans declined, upper provisions for different monetary property stored the whole impairment charge in large part unchanged, restricting the development in profits.
- Impairment fees, which duvet attainable losses from unpaid loans and different monetary property, remained somewhat solid at N393.87 billion, in comparison with N393.68 billion in 2025.
- Whilst fees on loans declined, upper provisions for different monetary property stored the whole in large part unchanged.
After impairment fees, working benefit stood at N1.01 trillion, down marginally from N1.014 trillion within the earlier 12 months.
Non-interest revenue
Non-interest earnings declined marginally via 0.62% to N1.14 trillion from N1.15 trillion within the corresponding duration of 2025, contributing 42.4% of general working revenue.
The decline used to be in part pushed via decrease rate and fee revenue, which fell via 2.41% to N739.90 billion from N758.16 billion.
- Money control charges declined to N353.78 billion from N362.40 billion, whilst credit-related charges fell to N198.55 billion from N203.28 billion.
- In a similar fashion, card control charges declined to N115.93 billion from N125.11 billion.
- Buying and selling revenue and foreign currencies good points additionally declined via 4.59% to N427.79 billion from N448.39 billion, including to the drive on non-interest earnings.
Price
At the charge facet, working bills larger via 12% in US greenback phrases to $938.08 million, widely in step with earnings expansion.
- In consequence, the gang’s cost-to-income ratio progressed marginally to 47.8%, in comparison with 48.0% within the corresponding duration of 2025.
- Asset high quality additionally progressed, with Level 3 loans declining to 7.5% of gross loans from 9.4% on the finish of December 2025.
Steadiness sheet
At the stability sheet, general property declined via 3.50% in naira phrases to N47.92 trillion from N49.66 trillion in December 2025.
- The decline mirrored decrease reported balances in funding securities and buyer loans, in part offset via will increase in money and balances with central banks and loans to banks.
- Funding securities declined to N11.01 trillion from N12.72 trillion, whilst loans and advances to shoppers fell to N15.95 trillion from N16.96 trillion.
- Conversely, money and balances with central banks larger to N9.39 trillion from N8.46 trillion, whilst loans and advances to banks larger to N4.80 trillion from N4.16 trillion.
Buyer deposits larger marginally via 0.72% to N36.70 trillion from N36.44 trillion in December 2025, accounting for 76.59% of general property.
- Present accounts remained the most important part of deposits, representing 71% of the whole, adopted via financial savings deposits at 17% and time period deposits at 12%.
Marketplace response
Ecobank Transnational Integrated stocks won 2.99% to N69.00 on Wednesday, October 28, 2026, from N67.00 within the earlier buying and selling consultation, following the discharge of the gang’s nine-month monetary effects on October 27.
The inventory started 2026 at N41.90 according to percentage and has won roughly 64.68% 12 months so far.