CalBank PLC (Ghana Stock Exchange: ‘CAL’) announces its Unaudited results for the Quarter ended 31st March 2021.

The Highlights of the Group’s Q1-2021 results (y/y) are:

Profit & Loss

  • Net Interest Income down 7.2 %
  • Trading and other income up 261.9%
  • Profit after Tax up by 9.1%

Balance Sheet

  • Total Assets increased by 11.5%
  • Net Loans & Advances decreased by 25.5%
  • Total Deposits increased by 8.3%.
  • Capital Adequacy ratio decreased to 19.2% from 23.1%

Shareholder Ratios

  • ROAA decreased to 2.7% from 3.2%
  • ROAE decreased to 18.4% from 21.3%

Click on the link below to read more about the results for the Quarter ended 31st March 2021

Unaudited Consolidated Financial Statements Q1 2021

For further information, contact Dzifa Amegashie, Head-Investor Relations on  damegashie@calbank.net

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