Company Ecobank Transnational Incorporated

Company Ecobank Transnational Incorporated

ETI

TG0000000132

Banks

Analysts' Consensus

Equities

ETI

TG0000000132

Banks

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Annual profits - Rate of surprise

Sector Other Banks

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Annual profits - Rate of surprise

Sector Other Banks

End-of-day quote Nigerian S.E. Other stock markets 06:00:00 2024-05-30 pm EDT			5-day change	1st Jan Change
21.3 ^NGN	-1.62%		-1.62%	+1.91%

May. 21	Ecobank Transnational Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
May. 08	Transcript : Ecobank Transnational Incorporated, 2023 Earnings Call, May 08, 2024

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: 14,780

NGN in Million	2022	Weight	2023	Weight	Delta
Corporate & Investment Bank 50.1 %	419,427	52.9 %	660,164	50.1 %	+57.40%
Consolidation Adjustments -33.9 %	-122,351	-15.4 %	-446,377	-33.9 %	+264.83%
Others 30.7 %	95,490	12.0 %	404,474	30.7 %	+323.58%
Commercial 27.8 %	200,615	25.3 %	365,942	27.8 %	+82.41%
Consumer 25.3 %	199,351	25.2 %	333,735	25.3 %	+67.41%

NGN in Million	2022	Weight	2023	Weight	Delta
West African Economic and Monetary Union 32.3 %	243,457	30.7 %	425,633	32.3 %	+74.83%
Central, Eastern and Southern Africa 32.0 %	238,403	30.1 %	421,705	32.0 %	+76.89%
Anglophone West Africa 27.7 %	235,628	29.7 %	365,054	27.7 %	+54.93%
Nigeria 11.4 %	101,849	12.9 %	149,699	11.4 %	+46.98%
Others and Conso Adjustment -3.4 %	-26,806	-3.4 %	-44,153	-3.4 %	+64.72%

Managers	Title	Age	Since
Jeremy Awori CEO	Chief Executive Officer	53	23-02-28
Ayo Adepoju DFI	Director of Finance/CFO	-	12-07-31
Divine Fola CMP	Compliance Officer	-	-
Ato Arku IRC	Investor Relations Contact	-	-
Josephine Anan-Ankomah PRN	Corporate Officer/Principal	-	18-08-21
Yves Mayilamene HRO	Human Resources Officer	-	11-12-31
Chinedu Ikwudinma PRN	Corporate Officer/Principal	-	19-05-31
Madibinet Cisse LAW	General Counsel	-	-
Nana Araba Abban PRN	Corporate Officer/Principal	-	-

Members of the board	Title	Age	Since
Enase Okonedo BRD	Director/Board Member	57	19-12-31
Mfundo Nkuhlu BRD	Director/Board Member	58	15-07-31
Catherine Ngahu BRD	Director/Board Member	63	15-12-31
Alain Francis Nkontchou CHM	Chairman	61	15-05-31
Zanele Monnakgotla BRD	Director/Board Member	53	20-03-17
Brian Kennedy BRD	Director/Board Member	64	16-12-31
David O’Sullivan BRD	Director/Board Member	49	16-12-31
Aichatou Agne Pouye BRD	Director/Board Member	65	17-12-31
Aasim Ahmad Qureshi BRD	Director/Board Member	47	19-04-24
Georges Donkor BRD	Director/Board Member	57	20-03-17

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	24,730,319,000	8,313,078,104 ( 33.61 %)	137,700,000 ( 0.5568 %)	33.61 %

Name	Equities	%	Valuation
NEDBANK GROUP LIMITED 28.61 %	5,249,014,550	28.61 %	100 M ₦
QATAR NATIONAL BANK (Q.P.S.C.) 27.09 %	4,970,904,524	27.09 %	95 M ₦
Arise BV 19.01 %	3,487,337,828	19.01 %	66 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 ₦

Name	Equities	%	Valuation
ECOBANK GHANA PLC 68.93%	222,342,927	68.93%	99,216,084 $

Ecobank Transnational, Inc.

2365, Boulevard du Mono

, Lomé

+228 22 21 03 03

http://www.ecobank.com

address Ecobank Transnational Incorporated(ETI)

Name	Category and Sector
Ecobank Mozambique SA Ecobank Mozambique SA Major BanksFinance Ecobank Mozambique SA provides banking services. The company is headquartered in Maputo, Mozambique.	Major Banks
Ecobank Uganda Ltd. Ecobank Uganda Ltd. Major BanksFinance Part of Ecobank Transnational, Inc., Ecobank Uganda Ltd. is a commercial bank based in Kampala, Uganda. The Ugandan company provides commercial banking services. The CEO of the company is Grace Bonny Muliisa.	Major Banks
Ecobank Togo Ecobank Togo Major BanksFinance Ecobank Togo operates as a bank holding company with interest in providing banking and financial services. It provides SMS and Internet banking services. The company is headquartered in Lome, Togo.	Major Banks
Ecobank Gambia Ltd. Ecobank Gambia Ltd. Major BanksFinance Part of Ecobank Transnational, Inc., Ecobank Gambia Ltd. is a commercial bank that provides banking services. The company is based in Serrekunda, Gambia. The CEO of the Gambian company is Josephine Anan-Ankomah.	Major Banks
EDC Investment Corp.
ECOBANK-Niger SA
Ecobank Zambia Ltd. Ecobank Zambia Ltd. Major BanksFinance Part of Ecobank Transnational, Inc., Ecobank Zambia Ltd. is a commercial banking company based in Lusaka, Zambia. The Zambian company provides commercial banking services. The company was founded in 2009. The CEO is Charmel Ognin.	Major Banks
Ecobank Burundi SA Ecobank Burundi SA Major BanksFinance Part of Ecobank Transnational, Inc., Ecobank Burundi SA provides commercial banking services. The company is based in Bujumbura, Burundi.	Major Banks
Ecobank Mali SA Ecobank Mali SA Regional BanksFinance Ecobank Mali SA provides financial products and services. It offers personnel, business, and commercial banking services. The company is headquartered in Bamako, Mali.	Regional Banks
Ecobank Nigeria Ltd. Ecobank Nigeria Ltd. Regional BanksFinance Ecobank Nigeria Ltd. engages in the business of commercial banking with national authorization. It operates through the following segments: Corporate and Investment Banking, Commercial Banking, and Consumer Banking. The Consumer Banking segment provides banking services and retail solutions to personal consumers. The Commercial Banking segment provides banking services to governments, small and medium scale enterprises, and local companies. The Corporate and Investment Banking segment provides a broad range of financial solutions to multinationals, regional companies, state-owned companies, non-governmental organisations, international and multinational organizations and financial institutions, treasury, investment banking, and asset management businesses, which focus on financial markets and investors. The company was founded on October 7, 1986 and is headquartered in Lagos, Nigeria.	Regional Banks
ECOBANK CÔTE D'IVOIRE	Regional Banks
EDC Asset Management
Ecobank Equatorial Guinea Ecobank Equatorial Guinea Regional BanksFinance Part of Ecobank Transnational, Inc., Ecobank Equatorial Guinea is a commercial bank that provides banking services. The company is based in Malabo, Equatorial Guinea.	Regional Banks
EDC Investment Corp. (Cameroon) EDC Investment Corp. (Cameroon) Financial ConglomeratesFinance EDC Investment Corp. is a private company located in Cameroon that provides investment services.	Financial Conglomerates
Ecobank Development Corp. Ecobank Development Corp. Major BanksFinance Ecobank Development Corp. provides investment banking services. The firm offers business loans, transfers and payments, foreign exchange and Internet Banking. The company is headquartered in Lome, Togo.	Major Banks
Ecobank Senegal SA Ecobank Senegal SA Major BanksFinance Part of Ecobank Transnational, Inc., Ecobank Senegal SA provides commercial banking services. The company is based in Dakar, Senegal. The CEO of the Senegalese company is Yves Coffi Quam-Dessou.	Major Banks
Ecobank Centrafrique SA
Ecobank Cameroun SA
Ecobank Liberia Ltd. Ecobank Liberia Ltd. Regional BanksFinance Part of Ecobank Transnational, Inc., Ecobank Liberia Ltd. is a Liberian banking company that provides banking services. The company is based in Monrovia, Liberia. The company was founded in 1999. The CEO is George Mensah-Asante.	Regional Banks
ECOBANK GHANA PLC	Regional Banks
Ecobank Cape Verde SA
EBI SA EBI SA Finance/Rental/LeasingFinance EBI SA operates as credit institution. The company is headquartered in Puteaux, France.	Finance/Rental/Leasing
Ecobank Tchad SA
Ecobank South Sudan Ltd. Ecobank South Sudan Ltd. Major BanksFinance Part of Ecobank Transnational, Inc., Ecobank South Sudan Ltd. is a commercial bank that provides banking services. The company is based in Juba, South Sudan.	Major Banks
Africa Rapidtransfer SA
Ecobank Benin SA Ecobank Benin SA Major BanksFinance Part of Ecobank Transnational, Inc., Ecobank Benin SA provides commercial banking services. The company is located in Benin.	Major Banks

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.0161 USD

Average target price

0.019 USD

Spread / Average Target

+17.79%

Consensus

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