Ecobank Ghana PLC (GHSE:EGH)

Ecobank Ghana Balance Sheet

Financials in millions GHS. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	20,517	20,742	8,693	3,618	1,588	2,897
Investment Securities	9,728	5,926	9,821	6,343	5,884	5,057
Trading Asset Securities	741.82	431.61	208.7	1,117	1,765	498.41
Total Investments	10,470	6,358	10,030	7,460	7,649	5,555
Gross Loans	10,384	12,401	10,599	9,456	6,225	5,310
Allowance for Loan Losses	-	-1,800	-1,082	-589.57	-531.27	-332.22
Net Loans	10,384	10,601	9,518	8,866	5,694	4,978
Property, Plant & Equipment	1,355	1,356	1,333	1,304	626	626.85
Other Intangible Assets	5.69	6.62	6.14	20.7	41.21	84.77
Other Receivables	94.58	1,525	670.07	1,005	712.16	475.88
Restricted Cash	-	-	2,564	2,781	1,098	919.93
Other Current Assets	-	62.28	79.03	13.48	80.19	132.76
Long-Term Deferred Tax Assets	657.29	657.29	752.53	420.84	59.48	3.17
Other Real Estate Owned & Foreclosed	353.82	139.81	18	19.95	32.67	32.67
Other Long-Term Assets	2,417	4,555	-	399.83	345.45	244.22
Total Assets	46,255	46,002	33,663	25,908	17,926	15,951
Accrued Expenses	-	798.5	307.67	332.34	171.2	192.26
Interest Bearing Deposits	37,750	15,274	9,063	8,226	4,540	4,141
Non-Interest Bearing Deposits	-	23,179	19,634	14,041	9,987	8,740
Total Deposits	37,750	38,453	28,697	22,267	14,527	12,881
Current Portion of Long-Term Debt	-	177.97	45.76	9.97	19.56	19.41
Current Portion of Leases	-	29.7	7.38	16.29	4.64	5.26
Current Income Taxes Payable	-	-	32.92	-	-	41.84
Other Current Liabilities	-	169.27	168.27	16.43	9.46	9.82
Long-Term Debt	329	216.04	103.47	-	5.98	23.11
Long-Term Leases	107.04	79.67	54.08	48.87	52.56	47.18
Pension & Post-Retirement Benefits	-	210.44	97.67	69.76	56.35	41.28
Other Long-Term Liabilities	2,336	467.79	486.36	441.7	395.19	241.93
Total Liabilities	40,523	40,603	30,001	23,202	15,242	13,503
Common Stock	416.64	416.64	416.64	416.64	416.64	416.64
Retained Earnings	4,552	4,222	2,522	1,889	2,105	1,700
Comprehensive Income & Other	763.44	760.64	722.66	399.09	161.35	330.36
Total Common Equity	5,732	5,399	3,661	2,705	2,683	2,447
Minority Interest	0.54	0.48	0.71	0.61	0.59	0.57
Shareholders' Equity	5,732	5,400	3,662	2,706	2,683	2,448
Total Liabilities & Equity	46,255	46,002	33,663	25,908	17,926	15,951
Total Debt	436.03	503.38	210.69	75.13	82.74	94.96
Net Cash (Debt)	20,822	20,671	8,691	4,659	3,270	3,301
Net Cash Growth	80.01%	137.85%	86.52%	42.48%	-0.92%	68.85%
Net Cash Per Share	-	64.08	26.94	14.44	10.14	10.23
Filing Date Shares Outstanding	-	322.55	322.55	322.55	322.55	322.55
Total Common Shares Outstanding	-	322.55	322.55	322.55	322.55	322.55
Book Value Per Share	-	16.74	11.35	8.39	8.32	7.59
Tangible Book Value	5,726	5,393	3,655	2,684	2,642	2,363
Tangible Book Value Per Share	-	16.72	11.33	8.32	8.19	7.32

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Banks template. Financial Sources.