Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd
CalBank PLC delivered a strong first quarter 2026 financial performance, underpinned by significant growth in core income lines and improved profitability.
Net interest income more than doubled to GH¢171.1 million (Group) from GH¢86.3 million in the first quarter 2025.
This was driven by higher interest income and a substantial reduction in interest expense, reflecting improved funding efficiency.
Total revenue rose to GH¢326.7 million (up over 110% year-on-year).
The profit before tax increased to GH¢163.8 million, translating into a net profit of GH¢106.8 million, almost triple the prior year.
The bank also recorded a strong rebound in key prudential metrics, with capital adequacy at 17.2% (from negative territory in 2025), liquidity ratio at 90.7%, and a significantly improved non-performing loan ratio of 15.1% (down from 45.5%).
Source: newsthemegh.com