Ecobank Transnational Inc. Profit after tax increases by 23% in Q1 2021.

Ecobank Transnational Incorporated released its unaudited results for the first quarter of the year (Q1, 2021).

  • Net interest income for the period was N95.35 billion. (+24% YoY)
  • Fee and commission income of N45.6 billion. (+19% YoY)
  • Operating income of N164.6 billion. (+15% YoY)
  • Operating expenses totalled N97.63 billion. (+3% YoY)
  • Profit after tax was N30.5 billion. (+23% YoY)
  • Earnings per share from continuing operations was 84 kobo Vs 71kobo YoY

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