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

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.