Agricultural Development Bank (ADB) PLC has closed the 2025 financial year with a profit after tax of GHS 367.29 million and a capital adequacy ratio (CAR) of 27.17 percent, a dramatic recovery confirmed in audited financial statements signed off by KPMG on 31 March 2026.
The audited results, derived from summary financial statements filed with the Ghana Stock Exchange (GSE), mark one of the most significant institutional turnarounds in Ghana’s banking sector in recent years. As recently as 2023, ADB carried a CAR of negative 22.61 percent and posted a loss of over GHS 800 million.
Total assets grew to GHS 17.89 billion by 31 December 2025, up from GHS 14.60 billion a year earlier, driven by a sharp rise in cash and bank equivalents to GHS 9.90 billion and investment securities of GHS 5.03 billion. Net interest income more than doubled to GHS 1.37 billion from GHS 723.18 million in 2024, as the bank benefited from higher-yielding assets and improved liability management.
The recovery was underpinned by two critical events. The government injected GHS 850 million as a deposit for shares yet to be registered, lifting equity to GHS 2.48 billion from GHS 1.28 billion. Separately, the bank recovered GHS 381.4 million from non-performing loans (NPL) during the year, helping reduce accumulated losses from GHS 2.06 billion to GHS 1.75 billion.
The NPL ratio, which had stood as high as 75 percent in mid-2025, improved to 70.53 percent by year-end, still elevated but continuing its downward trajectory. The bank recorded just one regulatory breach during the year, attracting a sanction of GHS 120,000, compared to four breaches and GHS 294,000 in sanctions in 2024.
Profit before tax reached GHS 580.82 million, compared to a loss of GHS 225.09 million in 2024. Basic earnings per share came in at GHS 0.22. The financial statements were signed on behalf of the board by Independent Non-Executive Director Courage Akanwunge Asabagna and Managing Director Edward Ato Sarpong.
ADB was established in 1965 and operates with a universal banking licence. The government of Ghana holds 52 percent of its shares, with the remaining 48 percent held by the Financial Investment Trust on behalf of the Bank of Ghana (BoG).
