Els: MBN360 Business
GCB Bank PLC has announced a final dividend of GHC1.00 per share for the 2025 financial year, following approval from the Bank of Ghana (BoG), marking a return to dividend payments after last year’s proposed payout was not authorised by the regulator.
The announcement was made at the bank’s 32nd Annual General Meeting, where Board Chairman Professor Joshua Alabi acknowledged the setback in the previous year, describing it as a disappointment for both shareholders and directors.
“Last year, the regulatory authorities did not approve our proposed dividend. This was disappointing, not only for you, our valued shareholders, but also for us as directors,” he said. “Your concerns are our concerns, and your satisfaction remains our priority.”
He explained that the bank subsequently engaged extensively with the central bank over the past year to address regulatory concerns, which eventually led to approval for the 2025 dividend.
“I am delighted to announce that the Bank of Ghana has granted approval for the payment of dividends for the 2025 financial year. Accordingly, a final dividend of GH₵1.00 per share has been proposed,” he added.
The bank expressed appreciation to the regulator for its guidance and cooperation in the process.
The dividend declaration comes amid a strong financial performance for the year under review.
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Managing Director Farihan Alhassan reported that GCB recorded a 67.4 percent year-on-year increase in operating profit, which rose to GHS3.17 billion. Operating income also grew by 40.9 percent to GHS6.3 billion, driven by broad-based growth across the business.
Despite pressure on interest margins, the bank maintained resilience, with net interest margin at 14.4 percent, supported by strong deposit mobilisation and disciplined balance sheet management.
Total assets increased by 23 percent to GHS52.6 billion, while deposits rose by 19.7 percent to GHS41.3 billion. Loans also expanded significantly by 56.8 percent.
Asset quality improved over the period, with the non-performing loan ratio declining to 10.3 percent from 15.1 percent in 2024, reflecting stronger credit management and improved recoveries.
“The improvement reflects better underwriting discipline, stronger portfolio monitoring and improved loan recoveries,” the Managing Director said.
The bank also delivered strong shareholder returns, with return on equity reaching 39 percent and earnings per share at GHC7.78. Its share price rose from GHC6.37 in 2024 to GHC20.11 by the end of 2025.
Despite the gains, management noted that the stock still trades below book value, suggesting further upside potential as the bank continues its growth and efficiency drive into 2026.
GCB Bank says it remains focused on strengthening its position as a technology-driven and competitive financial institution in Ghana’s banking sector.
