GCB Bank PLC has closed the 2025 financial year with a profit after tax of GH¢2.06 billion, reflecting a year of robust growth in interest income, improved asset quality, and strong trading performance.
The bank’s total income was bolstered by interest earnings of over GH¢6.15 billion, supported by substantial contributions from fees, commissions, and trading activities, signalling resilient core banking operations. Total assets rose to approximately GH¢52.4 billion, while customer deposits climbed past GH¢41 billion, indicating sustained public confidence in the institution.
The year also saw an improvement in asset quality, with the non-performing loans ratio falling to 10.31 per cent from 15.06 per cent in 2024, highlighting strengthened credit risk management.
The bank retained a solid capital position, posting a capital adequacy ratio of 18.02 per cent and a liquidity ratio of 67.52 per cent, both comfortably above regulatory requirements.
Interest income surged to GH¢6.16 billion, marking a 38.2 per cent rise from GH¢4.45 billion in 2024. Growth in earnings from investment securities, which climbed 40.1 per cent to GH¢3.30 billion, combined with a 32.6 per cent increase in income from loans and advances, which reached GH¢2.53 billion, were key drivers of this performance.
However, rising borrowing costs pushed the bank’s interest expenses up by 47.5 per cent to GH¢1.57 billion. Despite this, net interest income remained resilient, underpinning the bank’s overall profitability.
Non-interest revenue also contributed strongly to GCB Bank’s results. Fee and commission income grew to GH¢1.14 billion, supported by processing and facility fees that more than doubled to GH¢236.3 million. Net trading income nearly doubled to GH¢824.7 million, with foreign exchange trading alone generating GH¢474.9 million, demonstrating the bank’s ability to navigate volatile currency markets.
Operational and personnel costs rose in tandem with strategic investments. Staff expenses increased by 39.2 per cent to GH¢1.65 billion. Other operating costs rose to GH¢1.14 billion, driven by technology, communication, and administrative expenses, illustrating continued investment in digital infrastructure and operational expansion.
The bank’s total tax liability for the year amounted to GH¢1.12 billion, incorporating the Growth and Stabilisation Levy and the Financial Sector Recovery Levy, highlighting the impact of fiscal levies on Ghanaian financial institutions.
GCB Bank’s liquidity remained robust, with cash and cash equivalents closing at GH¢7.20 billion, providing a solid buffer for operational stability and future strategic initiatives.
Source:
www.graphic.com.gh
