GCB Bank Plc (GCB) has reported a bank-only profit after tax of GH¢2.04 billion for the year ended 31 December 2025, up 69 percent from GH¢1.21 billion in 2024, as the lender recorded its strongest full-year performance driven by surging interest income, sharply improved asset quality, and a near-doubling of net trading income.
At the group level, which consolidates GCB Bank with its subsidiaries GCB Capital Ltd and G-Money Financial Services Limited, profit after tax reached GH¢2.06 billion, compared with GH¢1.20 billion the prior year. The group’s basic earnings per share rose to 778 Ghana pesewas from 453 Ghana pesewas in 2024. The audited summary financial statements were authorised by the Board of Directors on 26 February 2026 and independently verified by PricewaterhouseCoopers Ghana.
Interest income, the bank’s primary earnings driver, rose 38 percent to GH¢6.14 billion at the bank level, with investment securities generating GH¢3.28 billion, loans and advances contributing GH¢2.53 billion, and short-term funds accounting for the remainder. Net interest income expanded 35 percent to GH¢4.56 billion, reflecting disciplined deposit pricing relative to asset yield growth.
Net trading income surged 79 percent to GH¢824.7 million, with foreign exchange trading alone generating GH¢474.9 million, up from GH¢245.7 million in 2024. Fee and commission income grew 45 percent to GH¢1.13 billion, propelled by processing and facility fees that more than doubled to GH¢236.3 million, pointing to significant expansion in lending volumes.
Total assets reached GH¢52.40 billion at the bank level, up 23 percent from GH¢42.58 billion a year earlier. The gross loan book expanded 49 percent to GH¢17.83 billion, while customer deposits climbed 20 percent to GH¢41.05 billion, reflecting continued deposit mobilisation across the bank’s network.
The most striking improvement in the results was in asset quality. The non-performing loans (NPL) ratio fell to 10.31 percent from 15.06 percent in 2024, a reduction of nearly five percentage points within a single year. When the loss category of impaired loans is excluded, the adjusted NPL ratio stood at just 1.52 percent, down from 1.80 percent. Net impairment losses on loans and advances declined to GH¢188.8 million from GH¢427.2 million, indicating materially lower credit stress across the portfolio.
The bank’s capital position remained robust. The capital adequacy ratio (Capital Requirements Directive basis) strengthened to 18.02 percent from 17.47 percent, well above the Bank of Ghana’s minimum requirement. The Common Equity Tier 1 ratio stood at 18.48 percent, while the leverage ratio improved to 9.31 percent from 7.73 percent. The liquidity ratio was 67.52 percent, compared with 69.76 percent in 2024, remaining comfortably above statutory minimums.
Personnel expenses rose 39 percent to GH¢1.63 billion as wages, allowances, and performance awards expanded in line with the bank’s headcount and incentive structures. Income tax expense reached GH¢1.12 billion, incorporating the Growth and Stabilisation Levy and the Financial Sector Recovery Levy, which together accounted for GH¢316.4 million of the total tax charge.
Total shareholders’ equity at the bank level stood at GH¢6.01 billion at year-end, up from GH¢4.05 billion, reflecting the strong earnings retention. The bank paid no dividends to ordinary shareholders during the year.
GCB Bank is Ghana’s largest indigenous bank by network, operating more than 200 branches nationwide. The bank is listed on the Ghana Stock Exchange under the ticker symbol GCB.
