African Stock Exchanges

CAL - CAL Bank Limited

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CAL share price on Ghana Stock ExchangeCAL share price on Ghana Stock Exchange

CAL Bank Limited, previously known as Continental Acceptance Limited, and later CAL Merchant Bank, is a Ghana-based company active in investment, corporate and retail banking, and brokerage and asset management services. It was incorporated on 20th March, 1989 under the companies code, 1963 Act 179, as a private company limited by shares. The bank is engaged in the underwriting of securities; corporate finance operations, loan syndications and securities portfolio management; counseling and negotiation in acquisitions, etc.

CAL Bank Limited is listed on the Ghana Stock Exchange (GSE). CAL is traded on the GSE under the ticker symbol “CAL”. The International Securities Identification Number (ISIN) of GSE:CAL is GH0000000649. CAL Bank Limited is currently the 19th most valuable stock on the GSE with a market capitalization of GHS 313 million, which makes about 0.458% of the Ghana Stock Exchange equity market.

CAL0.50 ▪ 0.00
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume0
Number of Deals0
Gross Turnover0.00
Growth & Valuation
Earnings Per Share0.3333
Price/Earning Ratio1.50
Dividend Per Share0.00
Dividend Yield0%
Shares Outstanding627M
Market Capitalization313M
Monetary values are quoted in Ghana Cedi (GHS) unless otherwise stated

CAL Stock Market Performance


The current share price of CAL Bank Limited (CAL) is GHS 0.50. CAL closed its last trading day (Thursday, March 23, 2023) at 0.50 GHS per share on the Ghana Stock Exchange (GSE). CAL began the year with a share price of 0.65 GHS but has since lost 23.1% off that price valuation, ranking it 35th on the GSE in terms of year-to-date performance.

CAL Bank is the fifth most traded stock on the Ghana Stock Exchange over the past three months (Dec 21, 2022 - Mar 24, 2023). CAL has traded a total volume of 726,213 shares valued at GHS 403,644 over the period, with an average of 11,527 traded shares per session. A volume high of 137,027 was achieved on January 11th for the same period. The table below details the last 10 trading days of activity of CAL Bank on the Ghana Stock Exchange.


Profile of CAL Bank Limited

CAL Bank Limited operates in the Financials sector.

Factsheet of CAL Bank Limited

P. O. Box 14596, Accra

CAL Industrial Market Competitors

CAL Bank Limited, issuers of the CAL stock on the Ghana Stock Exchange, have a number of market competitors who are also engaged in the Financials sector. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange


  1. Simon GbandanSimon Gbandan
    Jun 25, 2021 14:55 GMT

    Hi, can i buy share on line without getting to the bank

  2. Gideon DowuonaGideon Dowuona
    Sep 23, 2020 12:47 GMT

    Great work on the regular updates.

  3. george dankwageorge dankwa
    Jul 19, 2019 13:44 GMT

    help me dispose of my shares with you. help plsss

  4. EmmanuelEmmanuel
    Feb 9, 2017 22:24 GMT

    There was a large buy of Cal today.
    Is it an aggressive take over ?

    1. EmmanuelEmmanuel
      Feb 10, 2017 18:40 GMT

      I asked the question above. Gladly, I found a news item today answering the question. decided to share. it read:
      CAL Bank Limited (the "Bank"), (Ghana Stock Exchange: CAL) is pleased to announce that its 2nd largest shareholder DPI, a leading Africa-focused private equity firm with US$1.1 billion in assets under management, has successfully sold its 27.7% stake in CAL Bank to Arise BV (Netherlands), a financial services investment company whose major shareholders are Norfund, Rabobank and FMO.

  5. kofikofi
    Feb 9, 2017 21:38 GMT

    What's up with CAL and the very huge volumes exchanging hands lately?
    Is there a silent take over ongoing??

    1. lankweilankwei
      Feb 27, 2017 11:20 GMT

      CAL Bank Limited (the "Bank"), (Ghana Stock Exchange: CAL) announces that Mr. Eduardo Gutierrez, Non-Executive Director, has resigned his position as a director of the Bank effective 9th February, 2017. His resignation follows Development Partners International’s sale of its entire 27.7% stake in CAL Bank. This sale transaction settled on 14th February 2017.

  6. JamesJames
    Aug 7, 2015 18:38 GMT

    Any reason Cal Bank is experiencing such downward trend?

    1. Michael KwayisiMichael Kwayisi
      Aug 7, 2015 23:11 GMT

      Since July 2012, the top executives of CAL bank have been exercising what seem to be their stock options by trading them for cash! That in itself is a sign of low confidence in the equity by the bank's own people. The reason? No one knows. But there are rumors of aggressive foreign acquisition of shares in the bank. A possible pending takeover? Only time will tell.

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