Agricultural Development Bank PLC (ADB) has posted a strong financial performance for the third quarter of 2025, with profit before tax hitting GH¢447.49million, representing 153.66% growth compared to GH¢176.41million recorded during the same period in 2024.
The Bank’s total assets grew by 17%, rising from GH¢13.87billion in September 2024 to GH¢16.22billion as of September 2025, reflecting continued balance sheet expansion driven by robust growth in investment securities and deposits. Customer deposits also increased to GH¢12.85billion, up from GH¢11.15billion a year earlier, while net investment securities rose significantly to GH¢6.45billion from GH¢4.71billion in the same period last year.
Net interest income also recorded significant growth, climbing to GH¢918.1million from GH¢551.0million in 2024, buoyed by strong yields on investments and prudent income-generating initiatives. Total operating income increased by 53.5% year on year from GH¢765.7million in the same period in 2024 to GH¢1.17billion. The Bank’s new strategy and direction seem to be yielding impressive outcomes.
Speaking on the Bank’s performance, the Managing Director of ADB, Edward Ato Sarpong, attributed the strong results to prudent financial management, improved efficiency, and tactical investment in areas that align with the Bank’s strategic vision.
“Our performance for the period reflects ADB’s deliberate efforts over the past 9 months to stabilize our operations, strengthen our balance sheet, enhance profitability, and deliver long-term value to our diverse stakeholders while continuing to support key sectors of the economy, particularly agriculture. We are on course, on our 4-year strategy, to deliver sustainable value and growth for everyone,” Mr. Sarpong said.
The Bank also demonstrated strong liquidity, recording a liquid ratio of 130% in 2025 Q3, well above the regulatory threshold.
Mr. Sarpong reaffirmed the Bank’s commitment to sustaining prudent risk management practices while deepening its support for Ghana’s agricultural value chain and the Ghana’s economy as a whole.
“As we approach the close of the financial year, ADB will continue its growth momentum, improving asset quality, expanding our income streams, enhancing operational efficiency, and strengthening the foundation to achieve our long-term strategic objectives,” he noted.
Mr. Sarpong further paid glorying tribute to the staff, praising their resilience and their positive response to the new performance-oriented culture of the Bank. He further assured all stakeholders of the Bank of progressive conversations with shareholders to recapitalize the bank.
As part of strategy, the Bank recently rolled out a new corporate tagline, Beyond Banking…, aimed at redefining banking, empowering businesses, building futures, driving prosperities, and nurturing communities.
