CalBank PLC has reported GHS353.6 million profit for the first half of 2026 financial year.
This represents a a 25% increase in Profit Before Tax (PBT) compared with the GHS283.2 million recorded in the same period last year with the increase in profit revealing a robust growth across the bank’s core banking franchise.
CalBank explained that this performance was “underpinned by broad-based growth across all major income lines, including net interest income, fees and commissions, and trading income.”
Net Interest Income recorded for the period also increased by 83% to GHS347.5 million, driven by higher interest income and significantly lower funding costs.
Despite a lower interest rate environment, interest income grew to GHS451.5 million from GHS399 million, while interest expense declined by more than half to GHS104 million from GHS209 million.
The Bank also continued to diversify its revenue base, with net fees, commissions and trading income increasing by 99% to GHS323.3 million, nearly double the GHS162.7 million recorded during the same period last year.
Net impairment gains also contributed GHS7 million to first-half profit, compared with approximately GHS154 million contributed during the same period in 2025.
The banks assets also assets appreciated by 30% during period, bringing to GHS13.9 billion, compared with GHS10.7 billion at the end of June 2025.
Customer deposits also increased by 30% to GHS10.9 billion, reflecting sustained customer confidence.
Non-Performing Loan (NPL) Ratio also declined to 10.10%, from the 51.60% archived at the end of June 2025.
Capital Adequacy Ratio (CAR) for the period also improved to 18.17%, compared with negative 7.6% at the end of June 2025, while liquidity remained strong, providing a solid foundation to support future growth.
The bank then reiterated its commitment to executing its strategic priorities, deepening customer relationships, maintaining prudent risk management, and delivering sustainable and enduring value to its shareholders.
CalBank PLC is a prominent, commercial bank in Ghana licensed by the Bank of Ghana. Established in July 1990, the institution delivers retail, corporate, investment, and private banking services across the country.
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