Bank of Abyssinia Reports 56.9% Profit Surge for 2025/26

Bank of Abyssinia reported a pre-tax profit of 15.85 billion Birr for the 2025/26 fiscal year, marking a 56.9% increase. During the annual shareholders' meeting held at the Adwa Victory Memorial Hall, leadership announced that net profit surged by 58.1% to 11.54 billion Birr. Earnings per share (EPS) also saw a significant rise to 767 Birr. This reflects a substantial increase from the previous 50% par value to 77% of the 1,000 Birr par value. The report highlights strong financial performance for the bank over the past year.