Republic Bank Ghana records 33.8% profit growth, declares dividend
Republic Bank (Ghana) PLC has reported a strong financial performance for the 2025 financial year, posting a 33.8 per cent increase in profit before tax as it deepens its digital transformation drive and rolls out a new customer-focused strategy.
The bank’s results, presented at its 35th Annual General Meeting in Accra, showed profit before tax rising to GH¢440.29 million, while profit after tax climbed by 36.7 per cent to GH¢287.94 million. Total assets also expanded significantly to GH¢12.33 billion, underpinned by robust deposit mobilisation and steady balance sheet growth.
Shareholders at the meeting approved the bank’s annual report and financial statements, while endorsing a proposed dividend of five pesewas per share, subject to regulatory clearance. The dividend announcement was met with strong approval, reflecting growing investor confidence in the bank’s performance and long-term outlook.
Board Chairman, Jonathan Prince Cann, attributed the results to disciplined execution of the bank’s five-year strategic plan, noting that the institution is entering a new phase of accelerated growth. “Our performance in 2025 reflects not only financial strength but disciplined execution of our five-year strategic plan. We have built a solid foundation and are now focused on accelerating growth with sharper intent and uncompromising excellence,” he said.
He indicated that the bank remains well-positioned to navigate both domestic and global economic shifts, while continuing to deliver value to shareholders.
Managing Director, Benjamin Dzoboku, said the performance was driven by diversified income streams and improved operational efficiency, with total comprehensive income growing by 37 per cent. Non-interest income, he noted, rose by 34.57 per cent, reflecting increased innovation across business lines.
He added that sustained investment in technology is strengthening customer experience and enhancing the bank’s competitiveness in a rapidly evolving financial landscape.
As part of its strategic direction, the bank has intensified its digitalisation efforts, introducing new platforms and onboarding solutions aimed at delivering seamless, digital-first banking services. It has also strengthened its support for small and medium-sized enterprises by joining the SME Finance Forum and expanding targeted financial products to boost entrepreneurship.
Lending activity also recorded steady growth during the period, with loans and advances increasing by 13.22 per cent, driven largely by retail and commercial banking segments.
Central to the bank’s forward-looking agenda is the rollout of its “Republic Verse” initiative, a customer-centric platform designed to deliver more integrated and responsive banking experiences.
Looking ahead to 2026, management expressed optimism about growth prospects, citing improving macroeconomic conditions and the bank’s strong strategic positioning. The institution is expected to maintain its focus on innovation, asset quality, operational efficiency and market expansion.
Backed by a resilient balance sheet and a clear strategic roadmap, Republic Bank Ghana says it is poised to sustain its growth trajectory while delivering long-term value to stakeholders.