BOA Benin Profit Jumps as Strong Revenues Mask Rising Bad Loans

Ecobank supports BRVM as Composite rises 0.14% despite two weak pockets

The BRVM Composite rose 0.14% to 403.93 points on May 1, while the BRVM-30 gained 0.7% to 190.82 points and the Principal index fell 1.26% to 280.02 points. Trading was lifted by Utilities, up 2.19% to 151.05 points, and Telecommunications, up 1.54% to 103.03 points, even as Discretionary Consumption dropped 4.34% to 181.22 points and Staples fell 3.78% to 255.61 points. In financials, Ecobank drove the news flow with group net banking income up 11% in the first quarter of 2026, according to Financial Afrik, while Ecobank Côte d’Ivoire posted 13 billion CFA francs in first-quarter profit, according to Sika Finance. The stock story was also backed by a 10% rise in earnings per share in 2025, according to APAnews, and by the resumption of dividends after a record 2025 profit, Africtelegraph reported, while Afrimag said Ecobank Côte d’Ivoire outlined its ambitions for 2026.

Ecobank Reports Record Revenue in Q1 2026

Ecobank, based in Togo, reports record revenue in the first quarter.

Ecobank Côte d'Ivoire Achieves 13 Billion FCFA Profit in Q1 2026

Ecobank Côte d'Ivoire reports a profit of 13 billion FCFA for the first quarter of 2026.