The Agricultural Development Bank PLC (ADB) has once again proven its resilience and strategic strength, posting an impressive 153.66% growth in profit before tax for the third quarter of 2025.
According to the Bank’s financial report, profit before tax surged to GH¢447.49 million, compared to GH¢176.41 million during the same period in 2024. This remarkable performance underscores the bank’s continued turnaround, driven by solid financial management, efficiency, and a renewed sense of direction.
ADB’s total assets rose by 17%, moving from GH¢13.87 billion in September 2024 to GH¢16.22 billion as of September 2025, a clear indication of sustained balance sheet growth. The bank also witnessed a surge in customer deposits, which jumped to GH¢12.85 billion from GH¢11.15 billion a year ago, while net investment securities climbed sharply to GH¢6.45 billion, up from GH¢4.71 billion.
Net interest income also told a positive story, increasing to GH¢918.1 million from GH¢551.0 million in 2024, reflecting stronger yields and prudent income strategies. Similarly, total operating income grew by 53.5% year-on-year, from GH¢765.7 million to GH¢1.17 billion.
Commenting on the bank’s performance, Managing Director Edward Ato Sarpong expressed satisfaction with the progress made so far, crediting the results to a disciplined and deliberate strategic focus.
“Our performance for the period reflects ADB’s deliberate efforts over the past nine months to stabilize our operations, strengthen our balance sheet, enhance profitability, and deliver long-term value to our diverse stakeholders while continuing to support key sectors of the economy, particularly agriculture,” Mr. Sarpong stated.
He further emphasized that ADB is fully on track with its four-year strategic plan, aimed at delivering sustainable value and growth across all areas of operation.
The bank’s liquidity ratio stood at an impressive 130%, well above the regulatory minimum, signaling a healthy financial position. Mr. Sarpong reiterated ADB’s commitment to maintaining prudent risk management practices while continuing to play a pivotal role in Ghana’s agricultural value chain.
“As we approach the close of the financial year, ADB will continue its growth momentum improving asset quality, expanding income streams, enhancing operational efficiency, and strengthening the foundation to achieve our long-term strategic objectives,” he noted.
He also took a moment to acknowledge the dedication of the bank’s workforce, describing them as the backbone of ADB’s ongoing transformation.
“Our staff have shown great resilience and a positive response to the new performance-oriented culture,” he said, adding that management remains in “progressive conversations with shareholders to recapitalize the bank.”
In line with its renewed vision, ADB recently introduced a new corporate tagline, “Beyond Banking”, symbolizing a shift toward redefining banking, empowering businesses, and nurturing communities.
With such a strong Q3 performance, ADB’s turnaround story continues to inspire confidence, not only within the banking sector but also across Ghana’s broader economic landscape especially in the agricultural sector it has long championed.
