Home West Africa Ivory Coast Cote d’Ivoire: Ecobank Ivorian Unit Proposes Higher Dividend After $95m Profit

Cote d’Ivoire: Ecobank Ivorian Unit Proposes Higher Dividend After $95m Profit

Cote d’Ivoire: Ecobank Ivorian Unit Proposes Higher Dividend After m Profit

TLDR

  • Ecobank Côte d’Ivoire reported a net profit of 57.5 billion CFA francs ($94.8 million) for 2024, up from 48.1 billion CFA francs ($79.3 million) in 2023
  • The bank’s total assets rose to 2.05 trillion CFA francs ($3.38 billion), while operating income increased to 122.3 billion CFA francs ($201.7 million)
  • Ecobank CI will propose a gross dividend of 804 CFA francs per share (708 CFA francs net), a 19% increase from last year

Ecobank Côte d’Ivoire (BRVM: ECOC)reported a net profit of 57.5…

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