
Ecobank Group reports strong growth in first half of 2026 with 15% revenue increase to $1.3 billion and $423 million in pre-tax profit
Ecobank Group, a leading pan-African banking group, announced its financial results for the first half of 2026, demonstrating strong performance despite a challenging operational environment. The Group reported a net revenue of $1.3 billion, a 15% increase year-on-year, and a pre-tax profit of $423 million, up 6%. This growth is attributed to rigorous execution, operational efficiency, and the strength of its diversified pan-African network. Operational efficiency was further enhanced, with a record cost-to-income ratio of 48.4%. Customer deposits rose by $3.1 billion year-on-year to reach $27 billion, with low-cost deposits representing 85% of the total. The Group maintained robust capital and liquidity levels. Digital and payment services showed strong momentum, with digital transaction value increasing by 33% to $78.5 billion and payment revenues growing by 10% to $156 million. Revenue growth was solid across Corporate and Investment Banking, as well as Consumer and Commercial Banking. Non-interest income remained resilient, accounting for over 41% of total revenues, and the return on average tangible equity ROTE stood at 21.1%. The Central, Eastern, and Southern Africa CESA region showed the strongest performance with a 20% revenue increase to $470 million. Anglophone West Africa AWA saw a 16% rise in revenues to $372 million, while Francophone West Africa UEMOA remained resilient with a 6% revenue increase to $382 million. Nigeria recorded 23% growth. Ecobank also streng



