Letshego Ghana Savings and Loans PLC has recorded a profit of GH₵80 million for the 2025 financial year signifying a 76.3% jump from the GH₵45 million recorded in the 2024 financial year.
In it’s 2025 financial report ending, December 31,2025,the company’s interest income grew from the GH₵771 million recorded in 2024 to GH₵1 billion in the 2025 financial year. Interest expense for the period however remained relatively stable ,declining marginally from GH₵267 million to GH₵271 million.The report also showed a rise in Income from lending activities from the previous GH₵308 million to GH₵494 million.
Operating income grew from GH₵326 million to GH₵471 million over the period with total operating expenses also rising from GH₵261 million to GH₵357 million.
The earnings per share for the period also rose to GH₵0.25 from the GH₵0.16 recorded in 2024, reflecting stronger returns for shareholders.
On the balance sheets,Letshego Ghana’s total assets also grew from GH₵1.5 billion to GH₵1.8 billion over the period, driven largely by growth in gross advances to customers which rose from GH₵1.3 billion to GH₵1.6 billion. Customer deposits also expanded from GH₵697 million to GH₵820 million, signaling improved customer confidence in the institution.
Total equity also strengthened from GH₵319 million to GH₵366 million, while total liabilities rose from GH₵1.2 billion to GH₵1.5 billion over the same period, driven primarily by growth in borrowings and customer deposits as the company scales its funding base to support loan book expansion.
Letshego Ghana’s key prudential indicators presented a mixed picture for the period. The cost to income ratio improved sharply from 57.2% to 46.0% ,the leverage ratio also remained healthy at 20.4% compared to 21.2% in the prior period with the capital adequacy ratio on the other hand declining from 23.2% to 18.8%. The concern however was the rise in the institution’s non-performing loan ratio which rose from 14.2% to 17.7% during the financial year.
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