Company Ecobank Transnational Incorporated

Equities

ETI

TG0000000132

Banks

End-of-day quote Nigerian S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
26 NGN 0.00% Intraday chart for Ecobank Transnational Incorporated 0.00% +24.40%

Business Summary

Ecobank Transnational Incorporated is the leading independent pan-African banking group. The group's activity is organized primarily around 3 areas:

- business banking: activity targeting primarily governments, multinational corporations, and financial institutions;

- retail banking: sales of standard and specialized banking services (consumer credit, mortgage lending, etc.);

- market banking.

At the end of 2022, the group had USD 20.8 billion in current deposits and USD 11 billion in current loans.

Number of employees: 14,956

Sales per Business

NGN in Million2021Weight2022Weight Delta
Corporate & Investment Bank
52.9 %
385,106 53.5 % 419,427 52.9 % +8.91%
Commercial
25.3 %
168,104 23.3 % 200,615 25.3 % +19.34%
Consumer
25.2 %
174,678 24.3 % 199,351 25.2 % +14.12%
Consolidation Adjustments
-15.4 %
-96,870 -13.5 % -122,351 -15.4 % +26.30%
Others
12.0 %
89,110 12.4 % 95,490 12.0 % +7.16%

Sales per region

NGN in Million2021Weight2022Weight Delta
West African Economic and Monetary Union
30.7 %
229,003 31.8 % 243,457 30.7 % +6.31%
Central, Eastern and Southern Africa
30.1 %
213,017 29.6 % 238,403 30.1 % +11.92%
Anglophone West Africa
29.7 %
213,106 29.6 % 235,628 29.7 % +10.57%
Nigeria
12.9 %
91,469 12.7 % 101,849 12.9 % +11.35%
Others and Conso (Adjustment)
-3.4 %
-26,467 -3.7 % -26,806 -3.4 % +1.28%

Managers

Managers TitleAgeSince
Chief Executive Officer 53 23-02-28
Director of Finance/CFO - 12-07-31
Chief Operating Officer - -
Compliance Officer - -
Investor Relations Contact - -
Comptroller/Controller/Auditor - -
Corporate Officer/Principal - -
Corporate Officer/Principal - 18-08-21
Human Resources Officer - 11-12-31
Corporate Officer/Principal - 19-05-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 57 19-11-11
Director/Board Member 62 -
Director/Board Member 57 19-12-31
Director/Board Member 58 15-07-31
Director/Board Member 63 15-12-31
Director/Board Member 64 16-12-31
Director/Board Member 49 16-12-31
Director/Board Member 47 19-04-24
Director/Board Member 57 20-03-17
Director/Board Member 63 21-02-10

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 24,730,319,000 8,313,078,104 ( 33.61 %) 137,700,000 ( 0.5568 %) 33.61 %

Shareholders

NameEquities%Valuation
5,249,014,550 28.61 % 99 M ₦
4,970,904,524 27.09 % 93 M ₦
Arise BV
19.01 %
3,487,337,828 19.01 % 65 M ₦
Public Investment Corporation (SOC) Ltd.
18.17 %
3,333,333,333 18.17 % 63 M ₦
Social Security & National Insurance Trust
5.208 %
955,730,453 5.208 % 18 M ₦
Simner Investments Ltd.
4.290 %
787,239,062 4.290 % 15 M ₦
The ECOWAS Bank for Investment & Development
1.309 %
240,209,077 1.309 % 5 M ₦
Mikeade Investments Ltd.
0.9083 %
166,675,914 0.9083 % 3 M ₦
Old Mutual Investment Group (Pty) Ltd.
0.5153 %
94,560,878 0.5153 % 2 M ₦
Absa Asset Management Pty Ltd. (Investment Management)
0.3278 %
60,154,114 0.3278 % 1 M ₦

Holdings

NameEquities%Valuation
222,342,927 68.93% 102,362,237 $

Company contact information

Ecobank Transnational, Inc.

2365, Boulevard du Mono

, Lomé

+228 22 21 03 03

http://www.ecobank.com
address Ecobank Transnational Incorporated(ETI)

Group companies

NameCategory and Sector
Regional Banks
Regional Banks
Major Banks
Regional Banks
Regional Banks
Major Banks
Ecobank Cameroun SA
Ecobank Centrafrique SA
Ecobank Tchad SA

Sales per Business

Sales per region

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
0.0204 USD
Average target price
0.0235 USD
Spread / Average Target
+15.47%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. ETI Stock
  4. Company Ecobank Transnational Incorporated