Ecobank Ghana PLC

GHSE:EGH Stock Report

Market Cap: GH₵2.1b

Ecobank Ghana Past Earnings Performance

Past criteria checks 3/6

Ecobank Ghana has been growing earnings at an average annual rate of 4.9%, while the Banks industry saw earnings growing at 6.6% annually. Revenues have been growing at an average rate of 21.7% per year. Ecobank Ghana's return on equity is 23.2%, and it has net margins of 24.2%.

Key information

4.9%

Earnings growth rate

-4.3%

EPS growth rate

Banks Industry Growth0.6%
Revenue growth rate21.7%
Return on equity23.2%
Net Margin24.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Ecobank Ghana makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

GHSE:EGH Revenue, expenses and earnings (GHS Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 244,4511,0798290
30 Jun 244,1809948110
31 Mar 244,0159577960
31 Dec 233,5046337820
30 Sep 231,593-807690
30 Jun 231,480-837440
31 Mar 231,177-1726980
31 Dec 221,263-156390
30 Sep 222,2597045970
30 Jun 222,0496075600
31 Mar 221,8855605130
31 Dec 211,8375824800
30 Sep 211,8706304720
30 Jun 211,8046224500
31 Mar 211,7385934500
31 Dec 201,6685504520
30 Sep 201,5334974420
30 Jun 201,4794844440
31 Mar 201,4434714390
31 Dec 191,3694454300
30 Sep 191,3604194360
30 Jun 191,2883964240
31 Mar 191,2363744270
31 Dec 181,1783404260
30 Sep 181,0803273930
30 Jun 189792693900
31 Mar 189202334020
31 Dec 179422543830
30 Sep 179102283930
30 Jun 179492585440
31 Mar 171,0553404600
31 Dec 161,0283283710
30 Sep 169803095390
30 Jun 169823374450
31 Mar 169073032960
31 Dec 159083212960
30 Sep 159633813720
30 Jun 159333623720
31 Mar 158773423720
31 Dec 148223203720
30 Sep 147532972630
30 Jun 146742642630
31 Mar 146082262580
31 Dec 135341912630

Quality Earnings: EGH has a large one-off loss of GHS937.8M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: EGH became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: EGH's earnings have grown by 4.9% per year over the past 5 years.

Accelerating Growth: EGH has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: EGH has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (22.4%).

Return on Equity

High ROE: EGH's Return on Equity (23.2%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ecobank Ghana PLC is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAfrican Alliance
Afua Mensa-BonsuDatabank Brokerage Ltd.
Muammar IsmailyEFG-Hermes Research