Societe Generale Ghana PLC posted a profit after tax of GHS 397 million in 2025 and saw its share price surge 199 percent, the bank told shareholders on Wednesday.
The disclosures were made at the bank’s 46th Annual General Meeting (AGM), held virtually on June 10, 2026 and streamed live from its head office. The meeting adopted financial statements for the year ended December 31, 2025 and conducted governance business including the election and re-election of independent directors and approval of directors’ fees.
Board Chair Mrs. Margaret Boateng Sekyere reported that the share price climbed from GHS 1.50 at the start of 2025 to GHS 4.49 by year-end, a gain she attributed to investor confidence in the bank’s strategy and growth direction. The stock has kept rising in 2026, trading at GHS 6.56 on the Ghana Stock Exchange (GSE) as of May 18, a further 46 percent above its 2025 closing price. The bank trades on the GSE under the ticker symbol SOGEGH.
Managing Director Mr. Hakim Ouzzani said the results reflected Ghana’s improving economic conditions, including declining inflation, easing interest rates and a stronger cedi. Net interest income for 2025 reached GHS 1.19 billion, a 6 percent increase year on year, while net trading income more than doubled to GHS 122.3 million on the back of strong treasury performance. Net commission income rose 16 percent during the same period.
The bank recorded a Return on Equity of 15.1 percent and shareholders’ funds of GHS 2.60 billion. Its Capital Adequacy Ratio stood at 23.4 percent, well above the regulatory minimum and one of the strongest in the sector. The Board Chair noted the wider industry also performed well, with total banking sector assets growing 21.5 percent in 2025 and the ratio of loans in default falling to 18.9 percent from 21.8 percent in 2024.
The AGM also addressed an urgent matter affecting tens of thousands of shareholders. As of May 2026, GHS 9,974,601.55 in dividends from the 2024 financial year remained uncollected by 29,685 shareholders. The bank’s registrar, NTHC Limited, had reported in October 2025 that 29,800 shareholders were owed a combined GHS 10,925,721.54 at that point. Despite months of intensified communication across multiple channels, only a small portion of that amount has since been claimed.
Mrs. Boateng Sekyere urged all shareholders yet to receive their 2024 dividend to update their banking or mobile money details with NTHC Limited or their stockbroker without delay. The Securities and Exchange Commission directed in 2023 that all dividend payments must move to electronic means, effective February 2024, ending the previous practice of dividend warrants.
Incorporated in 1977 and a subsidiary of SG Financial Services Holding of France, Societe Generale Ghana PLC operates 38 branches across the country. The bank merged with the National Savings and Credit Bank in 1994 and is among Ghana’s largest banks by total assets.
