GCB Bank PLC has announced a final dividend of GH₵1.00 per share for the 2025 financial year following regulatory approval from the Bank of Ghana.
The announcement, made during the bank’s 32nd Annual General Meeting, signals a renewed commitment to shareholder value after a challenging period in which dividend distribution was previously halted by the regulator.
The development reflects not only improved engagement with the central bank but also a year of exceptional financial performance that has strengthened the bank’s position within Ghana’s banking sector.
Regulatory Approval Restores Confidence
Speaking at the meeting, Board Chairman Joshua Alabi acknowledged the disappointment shareholders faced when the bank’s earlier dividend proposal was not approved. He emphasised that the concerns raised by investors were taken seriously by the board and management.
“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. Your concerns are our concerns, and your satisfaction remains our priority.”
Joshua Alabi
He explained that over the past year, the bank engaged extensively with the regulator to address key issues, paving the way for the current approval.
“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.”
Joshua Alabi
The approval is widely seen as a strong vote of confidence in the bank’s governance, risk management practices and financial health.
Strong Financial Performance Drives Payout
The dividend declaration comes on the back of robust financial results for the 2025 financial year. Managing Director Farihan Alhassan highlighted the bank’s impressive growth trajectory, underpinned by diversified revenue streams and disciplined financial management.
“The Group posted a 67.4% year-on-year growth in operating profit… while operating income grew by 40.9% year-on-year… and the growth was broad-based.”
Farihan Alhassan
Operating profit surged to GHS3.17 billion, while operating income climbed to GHS6.3 billion, demonstrating the bank’s ability to generate sustained earnings despite prevailing economic pressures. This performance has reinforced investor confidence and justified the decision to reward shareholders.
Resilience Amid Market Pressures
Despite facing pressure on interest margins, the bank maintained stability and resilience. Net Interest Margin settled at 14.4 percent, supported by strong deposit mobilisation and prudent balance sheet management.
The bank’s total assets expanded by 23 percent to reach GHS52.6 billion. Deposits grew by 19.7 percent to GHS41.3 billion, reflecting increased customer trust and a strong funding base. Loans and advances also recorded significant growth of 56.8 percent, indicating an active role in supporting economic activity.
This balanced growth strategy highlights the bank’s ability to navigate a complex financial environment while sustaining profitability.
Improved Asset Quality Strengthens Balance Sheet
A key highlight of the bank’s performance was the notable improvement in asset quality. The Non-Performing Loan ratio declined to 10.3 percent from 15.1 percent in 2024, marking a significant turnaround.
According to management, this improvement was driven by enhanced underwriting standards, more rigorous portfolio monitoring and effective loan recovery strategies. “The improvement reflects better underwriting discipline, stronger portfolio monitoring and improved loan recoveries,” Mr Alhassan noted.
The reduction in non-performing loans underscores the bank’s commitment to maintaining a healthy loan book and minimising credit risk.
Delivering Shareholder Value
The bank’s strong operational performance translated into substantial value for shareholders. Return on Equity rose to an impressive 39 percent, while earnings per share reached GHS7.78.
In addition, the bank’s share price experienced remarkable growth, climbing from GHS6.37 in 2024 to GHS20.11 by the end of 2025. This sharp increase reflects positive market sentiment and growing investor confidence in the bank’s long term prospects.
Despite this upward trend, management indicated that the stock still trades below its book value, suggesting further upside potential. This presents an opportunity for investors as the bank continues to implement strategies aimed at enhancing value.
Outlook for 2026 and Beyond
GCB Bank PLC remains focused on consolidating its gains and strengthening its competitive position within the financial sector. Management has reaffirmed its commitment to innovation, digital transformation and customer-centric service delivery.
The bank aims to leverage technology to improve operational efficiency, expand its product offerings and deepen financial inclusion. These efforts are expected to drive sustainable growth and reinforce its status as a leading financial institution in Ghana.
With a solid financial foundation, improved regulatory alignment and a clear strategic direction, the bank is well positioned to deliver consistent returns to shareholders in the coming years.
The declaration of a GH₵1.00 dividend marks a significant milestone for GCB Bank PLC. It reflects the bank’s resilience, strong financial performance and renewed regulatory confidence. For shareholders, it signals not only immediate returns but also the promise of sustained value creation.
As the bank continues to build on its achievements, its focus on prudent management, innovation and stakeholder engagement will be critical in shaping its future success.
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