Ecobank Ghana（EGH）株式概要エコバンク・ガーナPLCは、ガーナ国内および海外でリテール・バンキング、コーポレート・バンキング、投資銀行業務、その他の金融サービスを提供している。 詳細EGH ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績4/6財務の健全性4/6配当金0/6報酬株価収益率（ 8 x） GH市場（ 14.8 x）を下回っています。過去5年間の収益は年間36.4%増加しました。 リスク分析リスクチェックの結果、EGH 、リスクは検出されなかった。すべてのリスクチェックを見るEGH Community Fair Values Create NarrativeSee what 19 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueGH₵Current PriceGH₵48.0011.1% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-172m16b2016201920222025202620282031Revenue GH₵15.8bEarnings GH₵6.3bAdvancedSet Fair ValueView all narrativesEcobank Ghana PLC 競合他社Standard Chartered Bank GhanaSymbol: GHSE:SCBMarket cap: GH₵9.6bGCB BankSymbol: GHSE:GCBMarket cap: GH₵9.5bAccess Bank (Ghana)Symbol: GHSE:ACCESSMarket cap: GH₵4.8bRepublic Bank (Ghana)Symbol: GHSE:RBGHMarket cap: GH₵4.4b価格と性能株価の高値、安値、推移の概要Ecobank Ghana過去の株価現在の株価GH₵48.0052週高値GH₵052週安値GH₵0ベータ0.671ヶ月の変化-1.78%3ヶ月変化-9.43%1年変化530.75%3年間の変化788.89%5年間の変化585.71%IPOからの変化5,639.14%最新ニュースBoard Change • May 20Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Lucy Alando was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • May 21Ecobank Ghana PLC announces Annual dividend, payable on June 27, 2025Ecobank Ghana PLC announced Annual dividend of GHS 0.3128 per share payable on June 27, 2025, ex-date on June 11, 2025 and record date on June 13, 2025.お知らせ • May 10Ecobank Ghana PLC, Annual General Meeting, Jun 12, 2025Ecobank Ghana PLC, Annual General Meeting, Jun 12, 2025.Reported Earnings • Nov 01Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: GH₵1.09b (up 33% from 3Q 2023). Net income: GH₵329.1m (up 35% from 3Q 2023). Profit margin: 30% (in line with 3Q 2023).Reported Earnings • Aug 01Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: GH₵1.06b (up 18% from 2Q 2023). Net income: GH₵326.8m (up 13% from 2Q 2023). Profit margin: 31% (down from 32% in 2Q 2023).お知らせ • Jul 10Ecobank Ghana PLC Announces Resignation of Edward Botchway as Non-Executive DirectorEcobank Ghana PLC announced for the information of the general investing public, the resignation of Dr. Edward Botchway, as a Non-Executive Director from the board of the company. His resignation took effect from May 28, 2024.最新情報をもっと見るRecent updatesBoard Change • May 20Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Lucy Alando was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • May 21Ecobank Ghana PLC announces Annual dividend, payable on June 27, 2025Ecobank Ghana PLC announced Annual dividend of GHS 0.3128 per share payable on June 27, 2025, ex-date on June 11, 2025 and record date on June 13, 2025.お知らせ • May 10Ecobank Ghana PLC, Annual General Meeting, Jun 12, 2025Ecobank Ghana PLC, Annual General Meeting, Jun 12, 2025.Reported Earnings • Nov 01Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: GH₵1.09b (up 33% from 3Q 2023). Net income: GH₵329.1m (up 35% from 3Q 2023). Profit margin: 30% (in line with 3Q 2023).Reported Earnings • Aug 01Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: GH₵1.06b (up 18% from 2Q 2023). Net income: GH₵326.8m (up 13% from 2Q 2023). Profit margin: 31% (down from 32% in 2Q 2023).お知らせ • Jul 10Ecobank Ghana PLC Announces Resignation of Edward Botchway as Non-Executive DirectorEcobank Ghana PLC announced for the information of the general investing public, the resignation of Dr. Edward Botchway, as a Non-Executive Director from the board of the company. His resignation took effect from May 28, 2024.お知らせ • May 30Ecobank Ghana PLC Announces Resignation of John Ofori-Tenkorang as Non-Executive DirectorEcobank Ghana PLC announced for the information of the general investing public, the resignation of Dr. John Ofori-Tenkorang, as a Non-Executive Director and representative of theSocial Security and National Insurance Trust on the Board of the company. His resignation took effect from 29th April 2024.Reported Earnings • Apr 28First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: GH₵0.039. Revenue: GH₵916.1m (up 126% from 1Q 2023). Net income: GH₵316.6m (up GH₵324.6m from 1Q 2023). Profit margin: 35% (up from net loss in 1Q 2023).お知らせ • Apr 06Ecobank Ghana PLC, Annual General Meeting, Apr 26, 2024Ecobank Ghana PLC, Annual General Meeting, Apr 26, 2024, at 10:30 Coordinated Universal Time. Location: the Head Officeof Ecobank Ghana PLC, 2 Morocco Lane, off Independence Avenue, Ministerial Area, Accra Accra Ghana Agenda: To consider the Statement of Accounts of the Company for the year ended the 31st day of December, 2023 together with the Reports of the Directors and Auditors thereon; to ratify the appointment of Directors; to appoint directors; and to discuss the Directors to fix the remuneration of the Auditors.New Risk • Apr 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 49% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Mar 30Full year 2023 earnings released: EPS: GH₵1.96 (vs GH₵0.048 loss in FY 2022)Full year 2023 results: EPS: GH₵1.96 (up from GH₵0.048 loss in FY 2022). Revenue: GH₵3.50b (up 178% from FY 2022). Net income: GH₵632.6m (up GH₵647.9m from FY 2022). Profit margin: 18% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.Reported Earnings • Nov 04Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: GH₵816.8m (up 16% from 3Q 2022). Net income: GH₵244.1m (up 1.2% from 3Q 2022). Profit margin: 30% (down from 34% in 3Q 2022). The decrease in margin was driven by higher expenses.New Risk • Oct 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Ghanaian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.2% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change).New Risk • Aug 05New major risk - Revenue and earnings growthEarnings have declined by 6.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 04Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: GH₵895.2m (up 51% from 2Q 2022). Net income: GH₵290.3m (up 44% from 2Q 2022). Profit margin: 32% (down from 34% in 2Q 2022). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to GH₵5.40, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 5x in the Banks industry in Africa. Total loss to shareholders of 11% over the past three years.Board Change • Jan 05Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Non-Executive Chairman Sam Adjei was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • Nov 16Price target increased to GH₵10.34Up from GH₵9.29, the current price target is an average from 2 analysts. New target price is 56% above last closing price of GH₵6.64. Stock is down 15% over the past year. The company is forecast to post earnings per share of GH₵2.00 for next year compared to GH₵1.80 last year.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Non-Executive Chairman Sam Adjei was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: GH₵703.2m (up 43% from 3Q 2021). Net income: GH₵241.2m (up 68% from 3Q 2021). Profit margin: 34% (up from 29% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Banks industry in Ghana.Buying Opportunity • Aug 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be GH₵8.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 39% in 2 years. Earnings is forecast to grow by 19% in the next 2 years.Price Target Changed • Aug 06Price target increased to GH₵10.34Up from GH₵9.29, the current price target is provided by 1 analyst. New target price is 51% above last closing price of GH₵6.85. Stock is down 6.2% over the past year. The company is forecast to post earnings per share of GH₵2.03 for next year compared to GH₵1.80 last year.Board Change • Aug 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Chairman Sam Adjei was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jul 28Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: GH₵590.1m (up 38% from 2Q 2021). Net income: GH₵201.4m (up 31% from 2Q 2021). Profit margin: 34% (down from 36% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 27%, compared to a 26% growth forecast for the industry in Africa.Buying Opportunity • Jul 20Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 9.9%. The fair value is estimated to be GH₵9.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 48% in 2 years. Earnings is forecast to grow by 24% in the next 2 years.お知らせ • Jul 13Ecobank Ghana plc Announces Changes to the BoardEcobank Ghana Plc announced the following changes to the Board: The retirement of Mr. Terence Ronald Darko as Board Chairman effective June 11, 2022. The appointment of Mr. Samuel Ashitey Adjei as Board Chairman of the Bank with effect from June 11, 2022.お知らせ • May 27Ecobank Ghana Limited, Annual General Meeting, Jun 10, 2022Ecobank Ghana Limited, Annual General Meeting, Jun 10, 2022, at 10:30 Coordinated Universal Time. Location: 2 Morocco Lane,Off Independence Avenue Accra GhanaUpcoming Dividend • May 11Upcoming dividend of GH₵0.75 per shareEligible shareholders must have bought the stock before 18 May 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 7.2%. Lower than top quartile of Ghanaian dividend payers (9.6%). Lower than average of industry peers (8.3%).Reported Earnings • May 01First quarter 2022 earnings: Revenues exceed analyst expectationsFirst quarter 2022 results: Revenue: GH₵492.0m (up 11% from 1Q 2021). Net income: GH₵148.7m (down 13% from 1Q 2021). Profit margin: 30% (down from 39% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 20%, compared to a 28% growth forecast for the industry in Africa.Board Change • Apr 29Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Director Patience Akyianu was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Mar 29Ecobank Ghana Ltd. Announces Cessation of Mrs. Felicity Acquah as an Independent DirectorEcobank Ghana Limited announced the demise of Mrs. Felicity Acquah on February 15, 2022, following which she has ceased to serve on the Board of Directors of Ecobank Ghana Plc as an Independent Director.Reported Earnings • Mar 18Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: GH₵1.80 (up from GH₵1.71 in FY 2020). Revenue: GH₵1.84b (up 10% from FY 2020). Net income: GH₵581.9m (up 5.8% from FY 2020). Profit margin: 32% (down from 33% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 23%, compared to a 24% growth forecast for the banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Board Change • Jan 11Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Non-Executive Director Patience Akyianu was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: GH₵493.1m (up 16% from 3Q 2020). Net income: GH₵143.4m (up 5.8% from 3Q 2020). Profit margin: 29% (down from 32% in 3Q 2020). The decrease in margin was driven by higher expenses.Reported Earnings • Jul 31Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: GH₵428.3m (up 18% from 2Q 2020). Net income: GH₵154.3m (up 23% from 2Q 2020). Profit margin: 36% (up from 35% in 2Q 2020). The increase in margin was driven by higher revenue.お知らせ • May 07Ecobank Ghana Limited Recommends Final Dividend for the Financial Year Ended 2020, Payable on June 25, 2021Ecobank Ghana Limited (EGH) announced that the Company’s Directors will be recommending to the shareholders at the upcoming Annual General Meeting, the payment of a final dividend of GHS 0.55 per share for the 2020 financial year. All shareholders registered in the books of EGH at the close of business on May 14, 2021, will qualify for the final dividend. In view of the foregoing, the ex-dividend date has been set as May 12, 2021. However, an investor buying EGH shares on or after May 12, 2021, will not be entitled to the final dividend. The final dividend will be paid on June 25, 2021.Reported Earnings • May 02First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: GH₵444.2m (up 19% from 1Q 2020). Net income: GH₵171.1m (up 34% from 1Q 2020). Profit margin: 39% (up from 34% in 1Q 2020). The increase in margin was driven by higher revenue.Price Target Changed • Mar 30Price target decreased to GH₵8.97Down from GH₵9.68, the current price target is an average from 2 analysts. New target price is 25% above last closing price of GH₵7.20. Stock is up 4.3% over the past year.Is New 90 Day High Low • Jan 01New 90-day high: GH₵7.20The company is up 3.0% from its price of GH₵7.00 on 30 September 2020. The Ghanaian market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Banks industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is GH₵11.79 per share.Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 19% share price gain to GH₵6.55, the stock is trading at a trailing P/E ratio of 4.7x, up from the previous P/E ratio of 4x. This compares to an average P/E of 3x in the Banks industry in Ghana. Total return to shareholders over the past three years is a loss of 1.1%.Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improved over the past weekAfter last week's 19% share price gain to GH₵5.99, the stock is trading at a trailing P/E ratio of 4.3x, up from the previous P/E ratio of 3.7x. This compares to an average P/E of 3x in the Banks industry in Ghana. Total return to shareholders over the past three years is a loss of 9.4%.Price Target Changed • Dec 01Price target lowered to GH₵8.22Down from GH₵9.68, the current price target is an average from 2 analysts. The new target price is 64% above the current share price of GH₵5.00. As of last close, the stock is down 37% over the past year.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of GH₵499.4m, up 20% from the prior year. Total revenue was GH₵1.55b over the last 12 months, up 15% from the prior year.株主還元EGHGH BanksGH 市場7D0%-0.7%-1.0%1Y530.7%165.7%134.3%株主還元を見る業界別リターン: EGH過去 1 年間で165.7 % の収益を上げたGH Banks業界を上回りました。リターン対市場: EGH過去 1 年間で134.3 % の収益を上げたGH市場を上回りました。価格変動Is EGH's price volatile compared to industry and market?EGH volatilityEGH Average Weekly Movement3.9%Banks Industry Average Movement8.6%Market Average Movement6.4%10% most volatile stocks in GH Market10.7%10% least volatile stocks in GH Market3.9%安定した株価: EGH 、 GH市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: EGHの 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19891,534Abena Osei-Pokuwww.ecobank.comエコバンク・ガーナ PLC は、ガーナ国内外においてリテール・バンキング、コーポレート・バンキング、投資銀行業務、その他金融サービスを提供している。消費者バンキング、商業バンキング、コーポレート・バンキング、財務部門を通じて事業を展開している。当座、貯蓄、電子口座、個人ローン、自動車ローン、資産取得ローン、住宅ローン、旅行ローン、キャッシュバックローン、給与前払い制度、マイクロファイナンス商品・サービス、定期預金、投資家・証券サービス、投資銀行サービスを提供している。また、中小企業や中堅企業向けの資金調達、貿易ハブ・サービス、貿易サービスおよびファイナンス・ソリューション、サプライチェーン、トランザクション・バンキング、キャッシュ＆リキッド・マネジメント、顧客チャネル・アクセスおよび統合、ラピッド・コレクト、オムニ・プラス、資産およびウェルス・マネジメント・サービス、送金および決済サービスも提供している；バンカシュアランス商品、債券およびコモディティ、事業当座貸越およびリボルビング・クレジット・プラン、債務者ファイナンス、ディストリビューター・ファイナンス・スキーム、車両および資産ファイナンス・サービス、eコマース・ソリューション、デビット、クレジット、プリペイド、VISA、マスターカード、PACカード、キャッシュレス決済、ATM、インターネットおよびモバイル・バンキング・サービス。個人、中小企業、地方の中堅企業、非政府公共部門、公共部門、多国籍機関、金融機関、国際機関にサービスを提供している。同社は1989年に法人化され、ガーナのアクラに本社を置いている。エコバンク・ガーナPLCはエコバンク・トランスナショナル・インコーポレイテッドの子会社である。もっと見るEcobank Ghana PLC 基礎のまとめEcobank Ghana の収益と売上を時価総額と比較するとどうか。EGH 基礎統計学時価総額GH₵15.48b収益（TTM）GH₵1.93b売上高(TTM)GH₵4.87b8.0xPER（株価収益率2.0xPBR（株価純資産倍率EGH は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計EGH 損益計算書（TTM）収益GH₵4.87b売上原価GH₵0売上総利益GH₵4.87bその他の費用GH₵2.93b収益GH₵1.93b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）5.99グロス・マージン100.00%純利益率39.71%有利子負債／自己資本比率4.7%EGH の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.7%現在の配当利回り6%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/28 22:23終値2026/05/28 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ecobank Ghana PLC 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Muammar IsmailyEFG-Hermes ResearchKwabena ObengIC Securities Holdings LimitedOla WarikoruSBG Securities (Proprietary) Limited
Board Change • May 20Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Lucy Alando was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • May 21Ecobank Ghana PLC announces Annual dividend, payable on June 27, 2025Ecobank Ghana PLC announced Annual dividend of GHS 0.3128 per share payable on June 27, 2025, ex-date on June 11, 2025 and record date on June 13, 2025.
お知らせ • May 10Ecobank Ghana PLC, Annual General Meeting, Jun 12, 2025Ecobank Ghana PLC, Annual General Meeting, Jun 12, 2025.
Reported Earnings • Nov 01Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: GH₵1.09b (up 33% from 3Q 2023). Net income: GH₵329.1m (up 35% from 3Q 2023). Profit margin: 30% (in line with 3Q 2023).
Reported Earnings • Aug 01Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: GH₵1.06b (up 18% from 2Q 2023). Net income: GH₵326.8m (up 13% from 2Q 2023). Profit margin: 31% (down from 32% in 2Q 2023).
お知らせ • Jul 10Ecobank Ghana PLC Announces Resignation of Edward Botchway as Non-Executive DirectorEcobank Ghana PLC announced for the information of the general investing public, the resignation of Dr. Edward Botchway, as a Non-Executive Director from the board of the company. His resignation took effect from May 28, 2024.
Board Change • May 20Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Non-Executive Director Lucy Alando was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • May 21Ecobank Ghana PLC announces Annual dividend, payable on June 27, 2025Ecobank Ghana PLC announced Annual dividend of GHS 0.3128 per share payable on June 27, 2025, ex-date on June 11, 2025 and record date on June 13, 2025.
お知らせ • May 10Ecobank Ghana PLC, Annual General Meeting, Jun 12, 2025Ecobank Ghana PLC, Annual General Meeting, Jun 12, 2025.
Reported Earnings • Nov 01Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: GH₵1.09b (up 33% from 3Q 2023). Net income: GH₵329.1m (up 35% from 3Q 2023). Profit margin: 30% (in line with 3Q 2023).
Reported Earnings • Aug 01Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: GH₵1.06b (up 18% from 2Q 2023). Net income: GH₵326.8m (up 13% from 2Q 2023). Profit margin: 31% (down from 32% in 2Q 2023).
お知らせ • Jul 10Ecobank Ghana PLC Announces Resignation of Edward Botchway as Non-Executive DirectorEcobank Ghana PLC announced for the information of the general investing public, the resignation of Dr. Edward Botchway, as a Non-Executive Director from the board of the company. His resignation took effect from May 28, 2024.
お知らせ • May 30Ecobank Ghana PLC Announces Resignation of John Ofori-Tenkorang as Non-Executive DirectorEcobank Ghana PLC announced for the information of the general investing public, the resignation of Dr. John Ofori-Tenkorang, as a Non-Executive Director and representative of theSocial Security and National Insurance Trust on the Board of the company. His resignation took effect from 29th April 2024.
Reported Earnings • Apr 28First quarter 2024 earnings releasedFirst quarter 2024 results: EPS: GH₵0.039. Revenue: GH₵916.1m (up 126% from 1Q 2023). Net income: GH₵316.6m (up GH₵324.6m from 1Q 2023). Profit margin: 35% (up from net loss in 1Q 2023).
お知らせ • Apr 06Ecobank Ghana PLC, Annual General Meeting, Apr 26, 2024Ecobank Ghana PLC, Annual General Meeting, Apr 26, 2024, at 10:30 Coordinated Universal Time. Location: the Head Officeof Ecobank Ghana PLC, 2 Morocco Lane, off Independence Avenue, Ministerial Area, Accra Accra Ghana Agenda: To consider the Statement of Accounts of the Company for the year ended the 31st day of December, 2023 together with the Reports of the Directors and Auditors thereon; to ratify the appointment of Directors; to appoint directors; and to discuss the Directors to fix the remuneration of the Auditors.
New Risk • Apr 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 49% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Mar 30Full year 2023 earnings released: EPS: GH₵1.96 (vs GH₵0.048 loss in FY 2022)Full year 2023 results: EPS: GH₵1.96 (up from GH₵0.048 loss in FY 2022). Revenue: GH₵3.50b (up 178% from FY 2022). Net income: GH₵632.6m (up GH₵647.9m from FY 2022). Profit margin: 18% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.
Reported Earnings • Nov 04Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: GH₵816.8m (up 16% from 3Q 2022). Net income: GH₵244.1m (up 1.2% from 3Q 2022). Profit margin: 30% (down from 34% in 3Q 2022). The decrease in margin was driven by higher expenses.
New Risk • Oct 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Ghanaian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.2% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.3% average weekly change).
New Risk • Aug 05New major risk - Revenue and earnings growthEarnings have declined by 6.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 04Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: GH₵895.2m (up 51% from 2Q 2022). Net income: GH₵290.3m (up 44% from 2Q 2022). Profit margin: 32% (down from 34% in 2Q 2022). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to GH₵5.40, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 5x in the Banks industry in Africa. Total loss to shareholders of 11% over the past three years.
Board Change • Jan 05Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Non-Executive Chairman Sam Adjei was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • Nov 16Price target increased to GH₵10.34Up from GH₵9.29, the current price target is an average from 2 analysts. New target price is 56% above last closing price of GH₵6.64. Stock is down 15% over the past year. The company is forecast to post earnings per share of GH₵2.00 for next year compared to GH₵1.80 last year.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Non-Executive Chairman Sam Adjei was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: GH₵703.2m (up 43% from 3Q 2021). Net income: GH₵241.2m (up 68% from 3Q 2021). Profit margin: 34% (up from 29% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Banks industry in Ghana.
Buying Opportunity • Aug 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be GH₵8.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 39% in 2 years. Earnings is forecast to grow by 19% in the next 2 years.
Price Target Changed • Aug 06Price target increased to GH₵10.34Up from GH₵9.29, the current price target is provided by 1 analyst. New target price is 51% above last closing price of GH₵6.85. Stock is down 6.2% over the past year. The company is forecast to post earnings per share of GH₵2.03 for next year compared to GH₵1.80 last year.
Board Change • Aug 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Chairman Sam Adjei was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jul 28Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: GH₵590.1m (up 38% from 2Q 2021). Net income: GH₵201.4m (up 31% from 2Q 2021). Profit margin: 34% (down from 36% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 27%, compared to a 26% growth forecast for the industry in Africa.
Buying Opportunity • Jul 20Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 9.9%. The fair value is estimated to be GH₵9.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 48% in 2 years. Earnings is forecast to grow by 24% in the next 2 years.
お知らせ • Jul 13Ecobank Ghana plc Announces Changes to the BoardEcobank Ghana Plc announced the following changes to the Board: The retirement of Mr. Terence Ronald Darko as Board Chairman effective June 11, 2022. The appointment of Mr. Samuel Ashitey Adjei as Board Chairman of the Bank with effect from June 11, 2022.
お知らせ • May 27Ecobank Ghana Limited, Annual General Meeting, Jun 10, 2022Ecobank Ghana Limited, Annual General Meeting, Jun 10, 2022, at 10:30 Coordinated Universal Time. Location: 2 Morocco Lane,Off Independence Avenue Accra Ghana
Upcoming Dividend • May 11Upcoming dividend of GH₵0.75 per shareEligible shareholders must have bought the stock before 18 May 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 7.2%. Lower than top quartile of Ghanaian dividend payers (9.6%). Lower than average of industry peers (8.3%).
Reported Earnings • May 01First quarter 2022 earnings: Revenues exceed analyst expectationsFirst quarter 2022 results: Revenue: GH₵492.0m (up 11% from 1Q 2021). Net income: GH₵148.7m (down 13% from 1Q 2021). Profit margin: 30% (down from 39% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Over the next year, revenue is forecast to grow 20%, compared to a 28% growth forecast for the industry in Africa.
Board Change • Apr 29Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. Independent Non-Executive Director Patience Akyianu was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 29Ecobank Ghana Ltd. Announces Cessation of Mrs. Felicity Acquah as an Independent DirectorEcobank Ghana Limited announced the demise of Mrs. Felicity Acquah on February 15, 2022, following which she has ceased to serve on the Board of Directors of Ecobank Ghana Plc as an Independent Director.
Reported Earnings • Mar 18Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: GH₵1.80 (up from GH₵1.71 in FY 2020). Revenue: GH₵1.84b (up 10% from FY 2020). Net income: GH₵581.9m (up 5.8% from FY 2020). Profit margin: 32% (down from 33% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 2.2%. Over the next year, revenue is forecast to grow 23%, compared to a 24% growth forecast for the banks industry in Africa. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Board Change • Jan 11Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Non-Executive Director Patience Akyianu was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2021 earnings releasedThe company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: GH₵493.1m (up 16% from 3Q 2020). Net income: GH₵143.4m (up 5.8% from 3Q 2020). Profit margin: 29% (down from 32% in 3Q 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • Jul 31Second quarter 2021 earnings releasedThe company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: GH₵428.3m (up 18% from 2Q 2020). Net income: GH₵154.3m (up 23% from 2Q 2020). Profit margin: 36% (up from 35% in 2Q 2020). The increase in margin was driven by higher revenue.
お知らせ • May 07Ecobank Ghana Limited Recommends Final Dividend for the Financial Year Ended 2020, Payable on June 25, 2021Ecobank Ghana Limited (EGH) announced that the Company’s Directors will be recommending to the shareholders at the upcoming Annual General Meeting, the payment of a final dividend of GHS 0.55 per share for the 2020 financial year. All shareholders registered in the books of EGH at the close of business on May 14, 2021, will qualify for the final dividend. In view of the foregoing, the ex-dividend date has been set as May 12, 2021. However, an investor buying EGH shares on or after May 12, 2021, will not be entitled to the final dividend. The final dividend will be paid on June 25, 2021.
Reported Earnings • May 02First quarter 2021 earnings releasedThe company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: GH₵444.2m (up 19% from 1Q 2020). Net income: GH₵171.1m (up 34% from 1Q 2020). Profit margin: 39% (up from 34% in 1Q 2020). The increase in margin was driven by higher revenue.
Price Target Changed • Mar 30Price target decreased to GH₵8.97Down from GH₵9.68, the current price target is an average from 2 analysts. New target price is 25% above last closing price of GH₵7.20. Stock is up 4.3% over the past year.
Is New 90 Day High Low • Jan 01New 90-day high: GH₵7.20The company is up 3.0% from its price of GH₵7.00 on 30 September 2020. The Ghanaian market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Banks industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is GH₵11.79 per share.
Valuation Update With 7 Day Price Move • Dec 16Investor sentiment improved over the past weekAfter last week's 19% share price gain to GH₵6.55, the stock is trading at a trailing P/E ratio of 4.7x, up from the previous P/E ratio of 4x. This compares to an average P/E of 3x in the Banks industry in Ghana. Total return to shareholders over the past three years is a loss of 1.1%.
Valuation Update With 7 Day Price Move • Dec 12Investor sentiment improved over the past weekAfter last week's 19% share price gain to GH₵5.99, the stock is trading at a trailing P/E ratio of 4.3x, up from the previous P/E ratio of 3.7x. This compares to an average P/E of 3x in the Banks industry in Ghana. Total return to shareholders over the past three years is a loss of 9.4%.
Price Target Changed • Dec 01Price target lowered to GH₵8.22Down from GH₵9.68, the current price target is an average from 2 analysts. The new target price is 64% above the current share price of GH₵5.00. As of last close, the stock is down 37% over the past year.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of GH₵499.4m, up 20% from the prior year. Total revenue was GH₵1.55b over the last 12 months, up 15% from the prior year.
