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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to OCR text and compared cell by cell with the page image; read from the page image) (9 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

ADB

ADB · Ghana Stock Exchange · Company statements

On this page
Company details
Legal name
Agricultural Development Bank PLC
Listing
ADB on the Ghana Stock Exchange, active (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
31 December

Overview

Year ended 31 December 2025 · annual report, signed / final · source

  • Net interest income

    GHS 1.37 billion

    1,370,246 GHS thousands · p45

    +89.5% vs 2024

    Interest income less interest expense, as printed.

  • Operating income

    GHS 1.75 billion

    1,745,410 GHS thousands · p45

    +73.7% vs 2024

    The bank's own total of its income lines before credit impairment and operating expenses, under its printed label. What it includes differs between banks; it is not revenue.

  • Profit / (loss) for the year

    GHS 367 million

    367,291 GHS thousands · p45

    +947.6% vs 2024

  • Total assets

    GHS 17.9 billion

    17,887,521 GHS thousands · p47

    +22.5% vs 2024

  • Customer deposits

    GHS 13.2 billion

    13,220,185 GHS thousands · p47

    +9.7% vs 2024

  • Total equity

    GHS 2.48 billion

    2,477,839 GHS thousands · p47

    +93.9% vs 2024

Large amounts are rounded for reading (GHS million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in GHS thousands unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY2025 — annual report, signed / final; reported for the year · source
  • FY2024 — annual report, signed / final; comparative in the FY2025 filing · source

Income statement

Income statement, GHS thousands. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Interest income calculated using effective interest 2,093,844 1,571,627
Interest expense (723,598) (848,446)
Net interest income 1,370,246 723,181
Fees and commission income 284,479 238,976
Fees and commission expense (28,898) (31,460)
Net fees and commission income 255,581 207,516
Net trading income 106,466 70,739
Revenue 1,732,293 1,001,436
Other operating income 13,117 3,315
Operating income 1,745,410 1,004,751
Impairment loss on Loans and advances (231,778) (302,922)
Impairment charge- other financial assets1 (22,444) (7,569)
Personnel expenses (514,075) (494,640)
Other operating expenses (324,446) (351,834)
Depreciation and amortization2 (71,847) (72,877)
Profit/(Loss) before tax 580,820 (225,091)
Income tax (expense)/credit (213,529) 260,152
Profit after tax 367,291 35,061
Equity investments at FVOCI-net change in fair value (net of tax)3 (14,193) 7,453
Remeasurements of defined benefit liability (net of tax)4 (3,304) (1,768)
Total other comprehensive income for the year (net of tax) (17,497) 5,685
Total comprehensive income for the year 349,794 40,746
Notes and alternative reported figures (4)
  1. “Impairment charge- other financial assets” is an issuer-specific line, not mapped to a shared definition: Note 13.
  2. “Depreciation and amortization”: mapping to a shared definition is uncertain. Depreciation of property and equipment and right-of-use assets and amortisation of intangibles together (note 16).
  3. “Equity investments at FVOCI-net change in fair value (net of tax)” is an issuer-specific line, not mapped to a shared definition: OCI, not reclassified (note 37).
  4. “Remeasurements of defined benefit liability (net of tax)” is an issuer-specific line, not mapped to a shared definition: OCI, not reclassified (note 37).

Balance sheet

Balance sheet, GHS thousands. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Cash and cash equivalents 9,902,445 7,176,917
Restricted Cash1 31,350 33,810
Investment securities 5,029,965 3,804,236
Loans and advances to customers 2,011,731 2,574,527
Investment (other than securities)2 199,377 218,370
Current tax assets –3 57,578
Intangible assets 6,251 12,099
Other assets 86,984 124,603
Property and equipment 175,554 195,152
Right of use assets 47,738 72,591
Deferred tax assets 396,126 334,894
Total Assets 17,887,521 14,604,777
Borrowed funds 1,754,969 929,864
Deposits from customers 13,220,185 12,045,885
Current tax liabilities 161,025 –4
Other liabilities 185,411 183,605
Provision 29,404 26,710
Lease Liability5 58,688 140,668
Total Liabilities 15,409,682 13,326,732
Stated capital 2,146,745 2,146,745
Deposit for shares6 873,310 23,310
Accumulated losses (1,747,174) (2,056,062)
Statutory reserve7 383,191 199,546
Revaluation reserve 124,319 124,319
Credit risk reserve 558,144 683,386
Other reserves8 139,304 156,801
Total equity 2,477,839 1,278,045
Total liabilities and equity 17,887,521 14,604,777
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.total_assets.
  2. Printed “-”, read as nil: subtotal_arithmetic: bs.total_liabilities.
Notes and alternative reported figures (6)
  1. “Restricted Cash” is an issuer-specific line, not mapped to a shared definition: Note 19.
  2. “Investment (other than securities)” is an issuer-specific line, not mapped to a shared definition: Note 22.
  3. “Lease Liability” is an issuer-specific line, not mapped to a shared definition: Note 27b (current and non-current together).
  4. “Deposit for shares” is an issuer-specific line, not mapped to a shared definition: Note 32.
  5. “Statutory reserve” is an issuer-specific line, not mapped to a shared definition: Note 35.
  6. “Other reserves” is an issuer-specific line, not mapped to a shared definition: Note 37.

Cash flow

Cash flow, GHS thousands. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Profit/(Loss) before tax1 580,820 (225,091)
Adjustment for non-cash items2 (634,979) (367,219)
Loss before working capital changes3 (54,159) (592,310)
Changes in operating assets and liabilities4 1,750,177 3,903,360
Interest Income received 1,813,674 1,312,527
Interest expense paid5 (601,271) (770,232)
Dividend received6 4,655 639
Income Tax Paid (50,326) (69,092)
Net cash generated from operating activities 2,862,749 3,784,892
Purchase of property and equipment (8,846) (12,192)
Purchase of medium and long term government securities7 (19,161,376) (8,654,648)
Redemption of medium and long term government securities8 18,800,255 7,983,103
Proceeds from the sale of property and equipment 710 444
Payments of right of use assets9 (6,789) (10,927)
Purchase of intangible assets (1,318) (622)
Net cash used in investing activities (377,364) (694,842)
Payments in borrowed funds (267,972) (1,257,251)
Receipts in borrowed funds 1,055,653 1,487,848
Payments of lease liabilities-principal (51,845) (61,174)
Proceeds from Right Issue of shares10 –11 32,574
Proceeds from deposit for issue12 –11 14,000
Transaction costs related to Right Issue13 –11 (53,544)
Net cash generated from financing activities 735,836 162,453
Increase in cash and cash equivalents 3,221,222 3,252,503
Cash and cash equivalents at 1 January 7,176,917 3,800,040
Effect of exchange rate fluctuation on cash held (495,694) 124,374
Cash and cash equivalents at 31 December 9,902,445 7,176,917
  1. Printed “-”, read as nil: subtotal_arithmetic: cf.cash_from_financing.
Notes and alternative reported figures (12)
  1. “Profit/(Loss) before tax” is an issuer-specific line, not mapped to a shared definition: Start of the indirect operating cash flow; repeats the income-statement figure.
  2. “Adjustment for non-cash items” is an issuer-specific line, not mapped to a shared definition: Note 38.
  3. “Loss before working capital changes” is an issuer-specific line, not mapped to a shared definition: Printed subtotal (a loss in both years).
  4. “Changes in operating assets and liabilities” is an issuer-specific line, not mapped to a shared definition: Note 38.1.
  5. “Interest expense paid”: mapping to a shared definition is uncertain. Interest paid on deposits and borrowings together.
  6. “Dividend received” is an issuer-specific line, not mapped to a shared definition: Operating activities.
  7. “Purchase of medium and long term government securities” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  8. “Redemption of medium and long term government securities” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  9. “Payments of right of use assets” is an issuer-specific line, not mapped to a shared definition: Investing activities.
  10. “Proceeds from Right Issue of shares” is an issuer-specific line, not mapped to a shared definition: Note 31.
  11. “Proceeds from deposit for issue” is an issuer-specific line, not mapped to a shared definition: Note 32.
  12. “Transaction costs related to Right Issue” is an issuer-specific line, not mapped to a shared definition: Note 31.

Per share and shares

Per share and shares. Columns: FY2025 — annual report (signed / final), as reported for the year; FY2024 — annual report (signed / final), comparative reported in the annual report for 2025.
Line (as printed) FY2025Annual reportreported for the yearFY2024Annual reportcomparative in FY2025 filing
Earnings / (loss) per share (per share)1 0.22 0.02
Weighted average shares (shares)2 1,652,618,014 1,652,618,014
Notes and alternative reported figures (2)
  1. Earnings / (loss) per share: printed as “Basic (GH¢)”.
  2. Weighted average shares: printed as “Weighted average number of shares”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

No dividend statement or amount collected.

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • AGRICULTURAL DEVELOPMENT BANK PLC — ANNUAL REPORTS AND FINANCIAL STATEMENTS 31 DECEMBER 2025

    Year ended 31 December 2025 · Annual report · signed / final

    Audit: KPMG (Ghana), unmodified opinion · signed

    Auditor's sign-off: KPMG (engagement partner Labaran Amidu, ICAG/P/1472)

    Final status: Independent auditor's report to the members of Agricultural Development Bank PLC, signed by hand 'KPMG' for and on behalf of KPMG (ICAG/F/2026/038), Chartered Accountants, Accra, dated 31 March 2026; engagement partner Labaran Amidu (ICAG/P/1472) (PDF p44, page image). The statements were approved by the Board on 26 March 2026 and signed on its behalf (PDF p47).

    Document date
    31 Mar 2026
    Auditor's report
    31 Mar 2026
    Board approval
    26 Mar 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY2025, FY2024
    Basis
    company statements · GHS thousands (printed “GH¢'000”)
    • The face of the statement of comprehensive income (p46) labels EPS 'Basic loss per share (in Ghana pesewas)' and 'Diluted loss per share (in Ghana pesewas)' at 0.22 (2024: 0.02), although the year is a profit; note 17 (p118) prints the same figures as 'Basic (GH¢)' and 'Diluted (GH¢)', consistent with profit after tax of GH¢ 367,291 thousand over 1,652,618,014 shares. EPS is taken from note 17.
    • Small rounding differences: cash from operations 2,862,749 against 2,862,750 from its components; increase in cash 3,221,222 against 3,221,221 (p50).
    Technical details
    File
    152 pages, scanned (figures read by OCR and checked against the page image)
    SHA-256
    98695ed85ef4adedb3e55f8410a82e5b696fd487e31f30cd89449f1799b6b448
    Entity as printed
    AGRICULTURAL DEVELOPMENT BANK PLC
    Exchange copy
    retrieved 2026-10-08T17:52:09Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to OCR text and compared cell by cell with the page image; read from the page image) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

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