ADB posts GH¢478.5m PBT, builds stronger capital and liquidity buffers

Agricultural Development Bank (ADB) PLC has recorded strong financial performance for the nine months ended September 30, 2026, posting a profit before tax (PBT) of GH¢478. 5 million, up from GH¢447. 5 million in the corresponding period of 2025. The Bank’s profit after tax also rose 6. 9% to GH¢301. 7 million from GH¢282. 3 million in September 2025, reflecting sustained profitability amid ongoing efforts to strengthen its financial position and operational resilience. According to the Bank’s unaudited financial statements, customer deposits grew 19. 5% to GH¢15. 36 billion from GH¢12. 85 billion in September 2025, an increase of approximately GH¢2. 51 billion. The Bank also recorded substantial improvements in its key prudential indicators, with its Capital Adequacy Ratio (CAR) rising to 27. 41% from 0. 49% in September 2025, while its liquidity ratio rose to 145.

83% compared with 130% over the same period. Significantly, ADB reduced its interest expenses by 36. 1%, from GH¢565. 4 million to GH¢361. 3 million, representing a reduction of approximately GH¢204 million. These developments underscore the Bank’s financial resilience, strengthened capital position, and progress towards building a more efficient and sustainable banking institution. Strong Financial Performance Reflects ADB’s Transformation Agenda Commenting on the Bank’s financial performance, the Managing Director of ADB PLC, Mr. Edward Ato Sarpong, described the results as an encouraging demonstration of the Bank’s commitment to strengthening its financial fundamentals, enhancing stakeholder confidence, and delivering sustainable growth. “Our financial performance reflects the steady progress we are making in building a stronger, more resilient, and competitive bank. The growth in profitability, significant increase in…