Societe Generale Ghana PLC has delivered a remarkable financial performance for the 2025 financial year, posting a profit after tax of GH¢397 million as Ghana’s economic recovery gathered momentum and investor confidence surged across the banking sector.
The impressive performance was unveiled during the bank’s 46th Annual General Meeting (AGM), which was held virtually and streamed live from the bank’s Head Office to shareholders and stakeholders nationwide.
The results reflect a year of resilience and growth for the bank, which successfully navigated a changing economic landscape while strengthening its financial position and expanding value for shareholders.
Board Chair Margaret Boateng Sekyere described 2025 as a year in which the global economy demonstrated remarkable resilience despite geopolitical tensions, tighter trade policies and lingering inflationary pressures.
According to her, global growth remained stable at approximately 3.3 percent, supported by easing financial conditions, fiscal stimulus initiatives in major economies and continued investment in technology-driven industries.
Ghana’s Improving Economy Boosts Banking Sector
The improving macroeconomic environment in Ghana played a critical role in supporting the strong performance recorded by financial institutions throughout the year.
Mrs. Boateng Sekyere highlighted that total banking sector assets expanded by 21.5 percent during the period under review. At the same time, the industry’s non-performing loan ratio declined significantly from 21.8 percent in 2024 to 18.9 percent in 2025, reflecting stronger asset quality and enhanced regulatory oversight.
The positive developments created a favorable operating environment for banks and contributed to increased confidence among investors and market participants.
For Societe Generale Ghana, the benefits of this recovery were evident in both its financial results and market valuation.
Share Price Skyrockets by 199 Percent
One of the most striking highlights of the year was the extraordinary appreciation in the bank’s share price.
According to the Board Chair, Societe Generale Ghana’s share price surged by an impressive 199 percent, rising from GH¢1.50 at the beginning of the year to GH¢4.49 by the close of 2025.
“The share price of the Bank increased significantly from GH¢1.50 at the beginning of the year to GH¢4.49 at the end of 2025. This reflects strong investor confidence in the Bank’s long-term strategy and growth trajectory.”
Mrs. Boateng Sekyere
The dramatic increase underscores growing market confidence in the bank’s strategic direction, operational efficiency and long-term prospects.
Strong Revenue Growth Drives Profitability
Managing Director Hakim Ouzzani attributed the bank’s strong performance to favorable economic conditions, including lower inflation, easing interest rates and a stronger local currency.
He revealed that the bank’s profit after tax reached GH¢397 million, supported by net interest income of GH¢1.19 billion and a more than twofold increase in net trading income to GH¢122.3 million.
“Societe Generale Ghana delivered a resilient performance in 2025, underpinned by strong revenue growth, disciplined risk management and continued operational efficiency,” Mr. Ouzzani stated.
The figures demonstrate the bank’s ability to capitalize on improving economic conditions while maintaining prudent risk management practices.
Capital Strength Positions Bank for Expansion
Beyond profitability, Societe Generale Ghana also strengthened its balance sheet and capital position.
Shareholders’ funds increased to GH¢2.60 billion during the year, while Return on Equity stood at 15.1 percent.
According to Mr. Ouzzani, the bank’s robust capital and liquidity position will enable it to support customers more effectively and expand lending activities as private sector growth continues to recover.
The Managing Director also highlighted several customer-focused initiatives introduced during the year, including digital innovations, targeted campaigns and new product offerings designed to improve service delivery and enhance customer experience.
These initiatives form part of the bank’s broader strategy to remain competitive in an increasingly digital banking environment.
Unpaid Dividends Raise Concern
Despite the positive financial performance, the AGM also brought attention to the issue of unpaid dividends.
Mrs. Boateng Sekyere reminded shareholders about the Securities and Exchange Commission’s directive requiring all listed companies to make dividend payments electronically through bank transfers and mobile money platforms.
Although Societe Generale Ghana successfully implemented the electronic payment system and paid its 2024 dividends electronically, a substantial number of shareholders are yet to receive their payments.
Data presented by the bank’s registrar, NTHC Limited, showed that as of October 31, 2025, there were 29,800 unpaid shareholders with outstanding dividends totaling GH¢10.93 million.
While the situation has improved, the bank still recorded GH¢9.97 million in unpaid dividends owed to 29,685 shareholders as of May 2026.
Management therefore urged affected shareholders to update their records with NTHC Limited or their stockbrokers to facilitate payment through their preferred electronic channels.
Shareholders Back Future Growth Strategy
The AGM concluded on a positive note as shareholders approved the bank’s audited financial statements for the year ended December 31, 2025, along with the reports of directors and auditors.
They also approved directors’ fees, re-elected existing non-executive directors, elected new board members and authorized the board to determine the remuneration of external auditors.
The overwhelming support demonstrated shareholders’ confidence in the bank’s leadership and strategic direction.
With Ghana’s economic recovery gaining traction and investor confidence remaining strong, Societe Generale Ghana appears well-positioned to sustain its growth momentum. The bank says it remains committed to delivering innovative financial solutions, supporting businesses and households, and creating long-term value for shareholders in the years ahead.
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