Coris Bank International (CBI) shareholders will receive a net global dividend of 17.76 billion FCFA (32 million dollars) on July 7, 2025, for the 2024 financial year, announced the leaders of this bank based in Ouagadougou. With 32 million shares making up the Bank’s share capital, the net dividend per share amounts to 555 FCFA compared to 790 FCFA in 2023, representing a decrease of 235 FCFA. Compared to its price of 10,290 FCFA on Tuesday, June 24, 2025, on the Regional Stock Exchange (BRVM) where CBI is listed, CBI’s stock has a yield of 5.39%.
At the end of the 2024 financial year, CBI recorded a net profit after tax of 47.937 billion FCFA compared to 64.247 billion FCFA in 2023, representing a decrease of 25.39%. Its total balance sheet increased by 8%, rising from 2,489 billion FCFA in 2023 to 2,683 billion FCFA a year later.
As for the net banking income, it slightly increased by 1.38% to 131 billion FCFA compared to 129.203 billion FCFA in 2023.
During the period under review, the bank saw its general operating expenses increase by 17.59%, rising from 36.366 billion FCFA in 2023 to 43 billion FCFA.
The gross operating result decreased by 5%, with a balance of 88.227 billion FCFA compared to 93 billion FCFA in 2023. As for the cost of risk, it deteriorated significantly by 72.45%, with a realization of 40.472 billion FCFA compared to 23.469 billion FCFA in 2023. The pre-tax result experienced a 29% decrease, amounting to 49.204 billion FCFA compared to 69.257 billion FCFA as of December 31, 2023.
