Board Change • May 20
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. No independent directors (11 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 공시 • Apr 15
Ecobank Côte d'Ivoire, Annual General Meeting, Apr 28, 2026 Ecobank Côte d'Ivoire, Annual General Meeting, Apr 28, 2026. Location: hotel radisson blu, abidjan Ivory Coast 공시 • Apr 14
Ecobank Côte d'Ivoire announces Annual dividend, payable on May 22, 2026 Ecobank Côte d'Ivoire announced Annual dividend of XOF 888.0000 per share payable on May 22, 2026, ex-date on May 21, 2026 and record date on May 22, 2026. 공시 • Apr 16
Ecobank Côte d'Ivoire announces Annual dividend, payable on May 30, 2024 Ecobank Côte d'Ivoire announced Annual dividend of XOF 594.0000 per share payable on May 30, 2024, ex-date on May 28, 2024 and record date on May 30, 2024. Reported Earnings • Nov 02
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: XOF25.8b (up 33% from 3Q 2022). Net income: XOF12.4b (up 46% from 3Q 2022). Profit margin: 48% (up from 44% in 3Q 2022). The increase in margin was driven by higher revenue. New Risk • Sep 11
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported June 2023 fiscal period end). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Buy Or Sell Opportunity • Jul 29
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 5.9% to XOF7,300. The fair value is estimated to be XOF6,076, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Reported Earnings • Oct 30
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: XOF25.8b (up 33% from 3Q 2022). Net income: XOF12.4b (up 46% from 3Q 2022). Profit margin: 48% (up from 44% in 3Q 2022). The increase in margin was driven by higher revenue. Reported Earnings • Sep 14
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: XOF25.3b (up 9.4% from 2Q 2022). Net income: XOF12.4b (up 8.6% from 2Q 2022). Profit margin: 49% (in line with 2Q 2022). Upcoming Dividend • May 16
Upcoming dividend of XOF610 per share at 11% yield Eligible shareholders must have bought the stock before 23 May 2023. Payment date: 25 May 2023. Trailing yield: 11%. Within top quartile of Ivorian dividend payers (11%). Higher than average of industry peers (9.7%). Reported Earnings • Apr 07
Full year 2022 earnings released Full year 2022 results: Revenue: XOF94.5b (up 21% from FY 2021). Net income: XOF44.6b (up 30% from FY 2021). Profit margin: 47% (up from 44% in FY 2021). The increase in margin was driven by higher revenue. Board Change • Nov 17
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. No independent directors (11 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 06
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: XOF19.3b (down 1.5% from 3Q 2021). Net income: XOF8.47b (down 12% from 3Q 2021). Profit margin: 44% (down from 49% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Reported Earnings • Aug 02
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: XOF23.1b (up 36% from 2Q 2021). Net income: XOF11.4b (up 83% from 2Q 2021). Profit margin: 49% (up from 37% in 2Q 2021). The increase in margin was driven by higher revenue. Buying Opportunity • Jul 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be XOF5,322, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buying Opportunity • May 16
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be XOF5,284, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Reported Earnings • May 01
First quarter 2022 earnings released First quarter 2022 results: Revenue: XOF19.1b (flat on 1Q 2021). Net income: XOF8.49b (flat on 1Q 2021). Profit margin: 44% (in line with 1Q 2021). Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. No independent directors (11 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Apr 19
Upcoming dividend of XOF467 per share Eligible shareholders must have bought the stock before 26 April 2022. Payment date: 29 April 2022. Trailing yield: 9.3%. Within top quartile of Ivorian dividend payers (8.5%). Higher than average of industry peers (7.0%). Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improved over the past week After last week's 18% share price gain to XOF5,200, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 7x in the Banks industry in Côte d'Ivoire. Total returns to shareholders of 95% over the past three years. Upcoming Dividend • Apr 28
Inaugural dividend of XOF382 per share Eligible shareholders must have bought the stock before 04 May 2021. Payment date: 06 May 2021. The company last paid an ordinary dividend in May 2018. The average dividend yield among industry peers is 6.0%. Upcoming Dividend • Apr 21
Inaugural dividend of XOF382 per share Eligible shareholders must have bought the stock before 28 April 2021. Payment date: 30 April 2021. The company last paid an ordinary dividend in May 2018. The average dividend yield among industry peers is 6.2%. Is New 90 Day High Low • Dec 19
New 90-day high: XOF3,515 The company is up 24% from its price of XOF2,825 on 18 September 2020. The Ivorian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 12% over the same period. Is New 90 Day High Low • Oct 29
New 90-day high: XOF3,200 The company is up 10.0% from its price of XOF2,900 on 30 July 2020. The Ivorian market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is flat over the same period. Reported Earnings • Oct 17
First half earnings released Over the last 12 months the company has reported total profits of XOF25.0b, up 14% from the prior year. Total revenue was XOF69.8b over the last 12 months, up 6.9% from the prior year. Is New 90 Day High Low • Oct 14
New 90-day low: XOF2,700 The company is down 11% from its price of XOF3,050 on 16 July 2020. The Ivorian market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Banks industry, which is down 3.0% over the same period.