Agricultural Development Bank PLC (ADB) has posted a strong financial performance for the third quarter of 2025, with profit before tax hitting GH¢447.49 million, representing 153.66 per cent growth, compared to GH¢176.41 million recorded during the same period in 2024.
The bank’s total assets grew by 17 per cent, rising from GH¢13.87 billion in September 2024 to GH¢16.22 billion as of September 2025, reflecting continued balance sheet expansion driven by robust growth in investment securities and deposits.
Customer deposits also increased to GH¢12.85 billion, up from GH¢11.15 billion a year earlier, while net investment securities rose significantly to GH¢6.45 billion from GH¢4.71 billion in the same period of last year.
Net interest income also recorded significant growth, climbing to GH¢918.1 million from GH¢551.0 million in 2024, buoyed by strong yields on investments and prudent income-generating initiatives.
Total operating income increased by 53.5 per cent year on year from GH¢765.7 million the same period in 2024 to GH¢1.17 billion, with the bank’s new strategy and direction seeming to yield impressive outcomes.
Speaking on the bank’s performance, the Managing Director (MD) 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 nine months to stabilise 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 four-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 per cent in 2025 third quarter, 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 country’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 added.
Mr Sarpong further paid glowing tribute to the staff, praising their resilience and their positive response to the new performance-oriented culture of the bank.
He further assured all of the bank’s stakeholders of progressive conversations with shareholders to recapitalise the bank.
As part of the strategy, the bank recently rolled out a new corporate tagline, Beyond Banking…, aimed at redefining banking, empowering businesses, building futures, driving prosperity, and nurturing communities.
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