Ecobank Transnational Incorporated last week published its Fourth Quarter report for the year ended 31, December 2021. The financial institution achieved year on year growth in its top line and bottom line figures.
Gross Earnings of N925.951 billion was reported for the 12 months period, up by 13.29% from N841.143 billion reported the previous year.
Profit after tax grew by 324.12% to N143.109 billion from N33.742 billion reported the previous year.
Earnings per share of Bank increased to N7.80 from the EPS of N1.84 achieved the previous year.
At the share price of N12.50, the P/E ratio of Ecobank stands at 1.60x with earnings yield of 62.39%.