Ecobank Reports Double-Digit Growth, but Nigerian Risk Costs Impact Profits

Ecobank posts CFA167 billion as BRVM Composite slips 0.1%

The BRVM Composite fell 0.1% to 482.21 on July 29, while the BRVM-30 lost 0.2% to 229.27 and the Total Return index edged up 0.06% to 191.87. Financial services slipped 0.19% to 234.48 as Ecobank reported net profit of CFA167 billion at end-June, held back by risk costs, according to Sika Finance. Ecobank posted double-digit growth in the first half of 2026, but Nigerian risk costs eroded earnings, according to Agence Ecofin. Financial Afrik reported that the group's first-half 2026 growth remained solid, with results still below potential.

Ecobank: Solid Growth in First Half of 2026 but Results Below Potential

Ecobank demonstrates solid growth in H1 2026, yet results fall short of potential.

Ecobank Reports Net Income of 167 Billion FCFA by End of June, Impacted by Risk Costs

Ecobank's net income reaches 167 billion FCFA by June, hindered by high risk costs.