CalBank PLC has reported a robust financial performance for the first quarter of 2026, with significant gains in revenue and profitability signalling a strong recovery in its operations.
The CalBank Q1 2026 results show net interest income more than doubling to GHS 171.1 million from GHS 86.3 million recorded in the same period last year.
The growth was driven by higher interest income and a notable decline in interest expenses, reflecting improved funding efficiency.
Total revenue surged to GHS 326.7 million, representing more than a 110 percent year-on-year increase. The bank attributed this performance to strong contributions from trading income and fees.
Net trading income reached GHS 89.3 million, while fees and commissions rose to GHS 66.3 million, underscoring the bank’s diversified income streams and improved operational performance.
Profitability and Asset Quality Improve
Profit before tax climbed to GHS 163.8 million, translating into a net profit of GHS 106.8 million—almost triple the figure recorded in Q1 2025. The bank’s improved earnings reflect stronger cost management and revenue expansion.
Key prudential indicators also showed marked improvement. Capital adequacy rebounded to 17.2 percent from negative levels in 2025, while the non-performing loan ratio declined sharply to 15.1 percent from 45.5 percent, signalling better asset quality.
CalBank’s total assets expanded to GHS 13.4 billion, supported by growth in investment securities and customer deposits.
Deposits rose to GHS 10.3 billion, indicating renewed customer confidence and enhanced funding stability.
The performance highlights what the bank describes as a turnaround driven by stronger fundamentals, positioning it for sustained growth in the months ahead.
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