CalBank PLC has reported a strong financial performance for the first quarter of 2026, with net profit nearly tripling year-on-year as core income lines surged and key prudential metrics recovered sharply.
Income Growth Drives Profitability
Net interest income more than doubled to GHS 171.1 million (Group) from GHS 86.3 million in the same period last year, reflecting higher interest income and a marked reduction in interest expense ,a signal of improved funding efficiency across the bank’s operations.
Total revenue climbed to GHS 326.7 million, representing a year-on-year increase of over 110%, buoyed by robust net trading income of GHS 89.3 million and solid growth in net fees and commissions, which stood at GHS 66.3 million.
Bottom Line Surges
Profit before tax reached GHS 163.8 million, translating into a net profit of GHS 106.8 million nearly three times the figure recorded in Q1 2025.
Prudential Metrics Rebound
CalBank’s balance sheet health showed a dramatic improvement in the quarter with Capital adequacy recovering from a territory in 2025 to 17.2% while its liquidity ratio stood at a healthy 90.7%.
The bank’s non-performing loan (NPL) ratio also fell sharply to 15.1%, down from 45.5%,a significant indication of improved credit quality and loan recovery efforts.
Total assets grew to GHS 13.4 billion with Customer deposits rising to GHS 10.3 billion, pointing to renewed depositor confidence and a more stable funding base for the bank going forward.
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