Ecobank Transnational Incorporated

NGSE:ETI Stock Report

Market Cap: ₦688.6b

Ecobank Transnational Past Earnings Performance

Past criteria checks 2/6

Ecobank Transnational has been growing earnings at an average annual rate of 24.2%, while the Banks industry saw earnings growing at 46.3% annually. Revenues have been growing at an average rate of 4.7% per year. Ecobank Transnational's return on equity is 26.4%, and it has net margins of 16.8%.

Key information

24.2%

Earnings growth rate

24.2%

EPS growth rate

Banks Industry Growth30.4%
Revenue growth rate4.7%
Return on equity26.4%
Net Margin16.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

NGSE:ETI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,7652965580
30 Jun 241,7162855550
31 Mar 241,7472945650
31 Dec 231,7312885750
30 Sep 231,7073145790
30 Jun 231,7403175800
31 Mar 231,6802855730
31 Dec 221,6642865690
30 Sep 221,6422765840
30 Jun 221,6162865970
31 Mar 221,5722745680
31 Dec 211,5392615840
30 Sep 211,5222165550
30 Jun 211,497195520
31 Mar 211,45665600
31 Dec 201,45425670
30 Sep 201,46165830
30 Jun 201,4441615770
31 Mar 201,4801785970
31 Dec 191,4891915990
30 Sep 191,4121376210
30 Jun 191,4251666340
31 Mar 191,4441666050
31 Dec 181,4831826340
30 Sep 181,5102136310
30 Jun 181,4932076340
31 Mar 181,4682046330
31 Dec 171,4211786340
30 Sep 17984-2655990
30 Jun 17982-2716000
31 Mar 171,052-2696300
31 Dec 161,138-2486600
30 Sep 161,389-196740
30 Jun 161,474-236930
31 Mar 161,542277060
31 Dec 151,596687040
30 Sep 151,9273257350
30 Jun 152,0093937380
31 Mar 152,0223757510
31 Dec 142,0123398060
30 Sep 141,7961628280
30 Jun 141,7411198190
31 Mar 141,6811087990
31 Dec 131,6271037740

Quality Earnings: ETI has high quality earnings.

Growing Profit Margin: ETI's current net profit margins (16.8%) are lower than last year (18.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ETI's earnings have grown significantly by 24.2% per year over the past 5 years.

Accelerating Growth: ETI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ETI had negative earnings growth (-5.9%) over the past year, making it difficult to compare to the Banks industry average (120.2%).

Return on Equity

High ROE: Whilst ETI's Return on Equity (26.35%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 16:43
End of Day Share Price 2024/12/24 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 Transnational Incorporated is covered by 8 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
Adewale OkunrinboyeARM Research
Jaap MeijerArqaam Capital Research Offshore S.A.L.