Ecobank Transnational Incorporated recently published its Audited Financial Statement for the year ended 31 December 2023.
The Group reported Gross Earnings of NN1.83 trillion for the 12 months period, up by 69.45% from N1.08 trillion reported in FY 2022.
Profit after tax of N263.52 billion was reported for the year under review, up by 68.33% from N156.55 billion reported the previous year.
With the shares outstanding of 24,592,619,000, the earnings per share of Ecobank stands at N10.72.
At the share price of N24.05, the P/E ratio of Ecobank stands at 2.24x with earnings yield of 44.56%.