Ghanaian Banks Strong Past Earnings Growth, P/E Ratio Below 20

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A list of companies that grew earnings by 20% and are trading on less than 20 times earnings. All with a debt to equity ratio below 1.

3 companies

GCB Bank

Market Cap: GH₵4.0b

Engages in the retail and corporate banking, consumer and commercial banking, and treasury activities in Ghana.

GCB

GH₵15.15

7.4%

152.5%

Societe Generale Ghana

Market Cap: GH₵1.5b

Engages in the provision of retail, corporate, and investment banking services in Ghana.

SOGEGH

GH₵2.08

0.5%

38.7%

Trust Bank

Market Cap: GH₵440.0m

Provides commercial banking products and services in the Gambia.

TBL

GH₵1.10

32.5%