Ghana’s leading diversified financial services group,Enterprise Group PLC has posted it’s financial report for the first quarter of 2026 ending 31 March 2026 with the Group recording a total profit of GH₵71,271,000, a 49.13% decline from the GH₵140,094,000 recorded in the same period in 2025.
Despite the overall profit decline, Enterprise Group’s insurance service result more than doubled over the period, rising to GH₵123,904,000 from GH₵55,851,000 in 2025 driven largely a significant reduction in insurance service expenses, which fell from GH₵318,027,000 to GH₵235,702,000, with insurance revenue also falling marginally from GH₵441,245,000 to GH₵419,438,000.
The drag on overall profitability came primarily from investment income, which fell from GH₵130,781,000 to GH₵96,699,000 at the group level representing a decline of about GH₵34 million. After deducting investment expenses of GH₵2,058,000, net investment income stood at GH₵94,641,000 compared to GH₵129,006,000 in the prior period.
Operating expenses also rose sharply to GH₵92,550,000 from GH₵81,854,000, further pressuring the bottom line.
Despite the profit decline, Enterprise Group’s balance sheet expanded considerably. Total group assets grew from GH₵4,310,647,000 to GH₵5,311,467,000 — an increase of approximately GH₵1 billion — driven largely by a surge in investment securities which rose from GH₵2,667,033,000 to GH₵3,444,984,000, reflecting the group’s continued strategy of growing its investment portfolio.
Total equity also strengthened to GH₵1,896,174,000 from GH₵1,706,367,000, with equity attributable to owners of the parent rising to GH₵1,392,188,000 from GH₵1,251,645,000 — indicating sustained value creation for shareholders even in a period of lower earnings.
On the liabilities side, insurance contract liabilities — the largest single liability — rose from GH₵1,815,224,000 to GH₵2,263,187,000, consistent with the group’s growing insurance book and expanded policy obligations.
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