• Ecobank Côte d’Ivoire’s net profit rises 15.4% to $77.9 million

• Strong deposit growth and lower loan-loss provisions drive performance

• Bank plans digital expansion amid competitive market conditions
  

Ecobank Côte d’Ivoire on Wednesday reported an 11.3% year-on-year increase in net banking income (NBI) to 96.4 billion CFA francs (about $157 million) in the third quarter of 2025. The growth was driven by higher net interest margins and lower loan-loss provisions.

The Ivorian subsidiary of the pan-African Ecobank Group posted a 15.4% rise in net profit, reaching 44.4 billion CFA francs ($77.9 million), according to its third-quarter report. Net interest income rose 18.5% to 66.6 billion CFA francs, while non-interest income slipped 1.9%. The cost of risk fell sharply by 54% to 0.7 billion CFA francs, which the bank attributed to better credit quality.

 Operating expenses increased 7.6% to 43.1 billion CFA francs, but the cost-to-income ratio improved slightly to 44.7%, from 46.3% a year earlier. Total assets climbed 15.5% to 2.026 trillion CFA francs. Customer deposits jumped 33.2% to 1.649 trillion CFA francs, driven by a 48% surge in non-interest-bearing deposits, while net customer loans rose 4.7% to 938 billion CFA francs.

Return on equity improved to 29.7% from 28.5% a year earlier. The non-performing loan ratio remained stable at 3.8%, with a coverage ratio of 97.8%. The subsidiary, one of Ecobank Group’s main units operating across 33 African countries, said it plans to maintain its cost-control policy and expand its digital offerings as competition in the Ivorian banking market remains intense.