Ecobank Transnational Incorporated (ETI) on Thursday published its Audited Financial Statement for the year ended 31 December 2024.
The Financial Institution reported Gross Earnings (Revenue) of N4.22 trillion for the 12 months period, up by 130.61% from N1.83 trillion revenue reported in FY 2023.
Profit after tax grew year on year by 179.25% to N735.897 billion from N263.524 billion reported the previous year.
Profit attributable to shareholders for the period under review stands at N496.693 billion.
With the Shares Outstanding of 24,592,619,000 relative to the Profit attributable to shareholders of N496.693 billion, the Earnings per Share (EPS ) of Ecobank stands at N20.20.
At the share price of N29.40, the P/E ratio of Ecobank stands at 1.46x with earnings yield of 68.71%.