Bank has continued its trend of profitability in the year 2021, after seeing its profit before tax rose by almost 30% to hit GH¢126 million at the end of last year.

Strong growth in the banks’ net interest income and net fees and commission income among others, contributed to its profitability last year.

According to ADB Bank’s audited statement of comprehensive income for the year ended December 31, 2021, its profit after tax increased by about 25 % from the GH¢ 65.4 million recorded in 2020 to the GH¢ 81.6 million recorded last year.


Net interest income jumped from GH¢ 415.4 million in 2020 to GH¢ 480.3 million in 2021, while net fees and commission income jumped from about GH¢ 75.4 million in 2020 to GH¢ 91.2 million in 2021.

The growth in the banks’ profit is however moderate when compared to the over 400% jump in the bank’s profit before tax recorded in 2020.

Another measure of ADB Banks’ profitability, that is, its earnings per share went up to 23.52 pesewas per share from 18.85 pesewas per share.


The value of ADB’s total assets in 2020 stood at about GH¢ 5.7 billion. This jumped to about GH¢ 6.5 billion in 2021 representing a growth of about 13 %.

A closer look at the banks’ assets structure shows a marginal growth of about 8 % in its investment securities to about GH¢2.4 billion in 2021. Loans and advances on the other hand grew strongly by almost 20% to hit about GH¢ 2.3 billion last year.

Capital adequacy ratio

The bank’s Capital Adequacy Ratio which establishes if it has enough capital on reserve to handle a certain amount of losses, before being at risk of becoming insolvent, continued to witness a drop, from 16.45% in 2019 to 14.87% in 2020 and further down to 14.49% in 2021. Last years’ figure is below the banking industry average of 19.6 % as of February 2022, but above the current revised regulatory minimum of 13 %.

Non-performing loans

ADB Banks’ non-performing loans when calculated as a percentage of the bank’s gross loans have seen a downward trend dropping from 41.27% in 2019 to 34.40% in 2020 and further downwards to 31.21% in 2021.

The amount spent on corporate social responsibility by the bank increased marginally from about GHC 4.025 million in 2020 to GHC 4.057 million in 2021.