ETI - Ecobank Transnational Incorporated
Ecobank Transnational Inc. (ETI) is a pan-African banking conglomerate, with banking operations in 33 African countries. It is the leading independent regional banking group in West Africa and Central Africa, serving wholesale and retail customers. The company maintains subsidiaries in Eastern Africa and Southern Africa. ETI has representative offices in Angola, China, Dubai, France, South Africa and in the UK. In December 2011, Bank of Ghana gave approval for Ecobank to acquire 100% interest in The Trust Bank (TTB).
Ecobank Transnational Incorporated is listed on the Ghana Stock Exchange (GSE). Ecobank is traded on the GSE under the ticker symbol “ETI”. The International Securities Identification Number (ISIN) of GSE:ETI is TG0000000132. Ecobank Transnational Incorporated is currently the fifth most valuable stock on the GSE with a market capitalization of GHS 5.29 billion, which makes about 5.13% of the Ghana Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.2584 |
| Price/Earning Ratio | 0.85 |
| Dividend Per Share | 0.00 |
| Dividend Yield | 0% |
| Shares Outstanding | 24.1B |
| Market Capitalization | 5.29B |
ETI Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +10% | +22.2% | +46.7% |
| 6MO | 1YR | YTD |
|---|---|---|
| +46.7% | +46.7% | +46.7% |
The current share price of Ecobank Transnational Incorporated (ETI) is GHS 0.22. ETI closed its last trading day (Tuesday, November 5, 2024) at 0.22 GHS per share on the Ghana Stock Exchange (GSE), recording a 10% gain over its previous closing price of 0.20 GHS. Ecobank began the year with a share price of 0.15 GHS and has since gained 46.7% on that price valuation, ranking it fifth on the GSE in terms of year-to-date performance. Shareholders can be optimistic about ETI knowing the stock has accrued 22% over the past four-week period alone—best on GSE.
Ecobank Transnational is the 18th most traded stock on the Ghana Stock Exchange over the past three months (Aug 12 - Nov 7, 2024). ETI has traded a total volume of 50,098 shares valued at GHS 8,375 over the period, with an average of 795 traded shares per session. A volume high of 11,900 was achieved on August 20th for the same period. The table below details the last 10 trading days of activity of Ecobank on the Ghana Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-11-05 | 2,000 | 0.22 | +0.02 | +10.00% |
| 2024-11-04 | 3 | 0.20 | ||
| 2024-11-01 | 1,319 | 0.20 | ||
| 2024-10-31 | 2,000 | 0.20 | +0.01 | +5.26% |
| 2024-10-25 | 100 | 0.19 | ||
| 2024-10-23 | 2,000 | 0.19 | +0.01 | +5.56% |
| 2024-10-21 | 65 | 0.18 | ||
| 2024-10-08 | 3,600 | 0.18 | ||
| 2024-10-04 | 2,980 | 0.18 | ||
| 2024-10-03 | 500 | 0.18 |
Profile of Ecobank Transnational Incorporated
Ecobank Transnational Incorporated operates in the Financials sector, specifically, the Banking industry.
Factsheet of Ecobank Transnational Incorporated
- Sector
- Financials
- Industry
- Banking
- Address
- 2365, Boulevard du Mono, B.P. 3261, Lomé, Togo
- Telephone
- +228-22-210-303, +228-22-213-168, +228-22-215-119
- info@ecobank.com
- Website
- www.ecobank.com
ETI Industrial Market Competitors
Ecobank Transnational Incorporated, issuers of the ETI stock on the Ghana Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Banking industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| GCB | GCB Bank Limited | 1.63B | 6.15 | +80.9% |
| RBGH | Republic Bank Ghana Limited | 562M | 0.66 | +37.5% |
| SCB | Standard Chartered Bank Limited | 3.1B | 23.00 | +31.1% |
| ACCESS | Access Bank Ghana | 751M | 4.32 | +27.1% |
| EGH | Ecobank Ghana Limited | 1.97B | 6.10 | +10.9% |
| SCBPREF | Stanchart Preferential Shares | 15.7M | 0.90 | |
| CALPREF | CalBank Preference Shares | 13.9M | 0.29 | |
| CAL | CalBank Plc | 368M | 0.34 | -29.2% |
| GLD | NewGold ETF | 1.24B | 427.07 | +95.5% |
| SIC | SIC Insurance Company Limited | 48.9M | 0.25 | +4.17% |
