Bank of Africa Senegal recorded a net profit of 21.9 billion CFA francs (36.5 million USD) in 2025, up 10.1% year-on-year, supported by the growth in banking revenues, cost control, and an improvement in the cost of risk, according to financial and market data.
The annual performance reflects a growth in net banking income, up by about 4.6% to 51.9 billion CFA francs (86.5 million USD), driven by interest income and commissions from credit and banking services activities. Over the first nine months of the year, net banking income amounted to around 58 billion CFA francs (96.7 million USD), confirming a sustained business momentum.
Operating profit increased by 7% to 29 billion CFA francs (48.3 million USD), while pre-tax profit stood at 25.1 billion CFA francs (41.8 million USD), illustrating a gradual improvement in operational profitability.
At the same time, provisions for loan losses slightly decreased to 4.35 billion CFA francs (7.2 million USD), compared to 4.43 billion a year earlier, reflecting a more disciplined management of the loan portfolio in a context of strong demand for financing.
On the balance sheet side, the bank benefits from strong growth in deposits, which exceeded 900 billion CFA francs (1.5 billion USD) at the end of September 2025, while outstanding loans amount to around 527 billion CFA francs (878 million USD) over the same period. This gap highlights a structure marked by abundant liquidity, with resources growing faster than liabilities.
Efficiency indicators remain controlled, with an operating ratio between 44% and 45%, reflecting cost control in a growth environment. Furthermore, asset quality continues to improve, with a decrease in non-performing loans and an overall strengthening of financial fundamentals.
The bank also approved a dividend of 450 CFA francs (0.75 USD) per share of 1,000 CFA francs (1.67 USD), confirming a stable distribution policy. This decision comes at a time when the stock has risen on the stock exchange, supported by improved results and attractive returns for investors.
