Overview
Gadaa Bank. Latest authored financials cover FY2025/26 (2018 E.C.), supported by audited annual statements. Consolidated (first group financial statements, including a subsidiary).
Audited consolidated (first group financial statements, including a subsidiary) results for the year ended 30 June 2026: profit after tax of ETB 0.759 billion, up 121.5%; total assets of ETB 16.794 billion. Gross income before funding costs and impairments was ETB 2.955 billion, up 76.5%. These are the first consolidated group accounts; the earlier year was bank-only.
SourceETB 2.96B
ETB 759.23M
ETB 16.79B
SourceETB 1.91B
Performance
Income statement
| Fiscal year | 2015EC | 2016EC | 2017EC | 2018EC |
|---|---|---|---|---|
| Total Revenue | ETB 111.44M | ETB 790.56M | ETB 1.67B | ETB 2.96B |
| Interest Income | ETB 63.64M | ETB 353.71M | ETB 666.3M | ETB 1.3B |
| Total Expenses | ETB 246.27M | ETB 689.3M | ETB 1.23B | ETB 1.91B |
| Net Profit | -ETB 84.29M | ETB 90.15M | ETB 342.76M | ETB 759.23M |
| Non Interest Income | ETB 47.79M | ETB 436.85M | ETB 1.01B | ETB 1.66B |
| Interest Expense | ETB 9.24M | ETB 110.27M | ETB 258.33M | ETB 646.07M |
| Impairment Losses | ETB 8.16M | ETB 23.15M | ETB 15.86M | — |
| Operating Expenses | ETB 228.87M | ETB 555.88M | ETB 954.89M | — |
| Profit Before Tax | -ETB 134.84M | ETB 101.27M | ETB 444.79M | ETB 1.05B |
| Income Tax | -ETB 50.54M | ETB 11.12M | ETB 102.03M | — |
| Income Tax Expense | — | — | — | ETB 286.76M |
Balance sheet
| Fiscal year | 2015EC | 2016EC | 2017EC | 2018EC |
|---|---|---|---|---|
| Total Assets | ETB 2.69B | ETB 5.61B | ETB 10.14B | ETB 16.79B |
| Total Deposits | ETB 1.61B | ETB 4.01B | ETB 7.08B | ETB 11.61B |
| Total Loans | ETB 858.11M | ETB 2.42B | ETB 3.66B | ETB 5.84B |
| Equity | ETB 807.82M | ETB 1.2B | ETB 1.78B | ETB 2.77B |
| Total Liabilities | ETB 1.88B | ETB 4.41B | ETB 8.36B | ETB 14.02B |
| Interest Free Financing | — | ETB 51.91M | ETB 64.78M | ETB 176.79M |
| Share Capital | — | — | — | ETB 1.65B |
Cash flow
| Fiscal year | 2015EC | 2016EC | 2017EC | 2018EC |
|---|---|---|---|---|
| Net Cash From Operating | ETB 763.24M | ETB 871.06M | ETB 1.93B | ETB 2.76B |
| Net Cash From Investing | -ETB 1.01B | -ETB 822.82M | -ETB 1.05B | -ETB 306.05M |
| Net Cash From Financing | ETB 327.73M | ETB 184.26M | ETB 229.51M | ETB 11.7M |
| Cash And Equivalents End | ETB 731.85M | ETB 964.35M | ETB 2.08B | ETB 4.54B |
Financial health
Competitors
Peer institutions in the same sector, latest fiscal year.
Commercial Bank of Ethiopia
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Net profit · 2017EC
ETB 38.71B
Awash Bank
private-commercial-bank
Net profit · 2018EC
ETB 29.34B
Dashen Bank
private-commercial-bank
Net profit · 2018EC
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private-commercial-bank
Net profit · 2017EC
ETB 756.63M
Addis International Bank
private-commercial-bank
Net profit · 2018EC
ETB 1.35B
Wegagen Bank
private-commercial-bank
Net profit · 2018EC
ETB 3.15B
Bank of Abyssinia
private-commercial-bank
Net profit · 2018EC
ETB 11.54B
Nib International Bank
private-commercial-bank
Net profit · 2017EC
-ETB 2.98B
Zemen Bank
private-commercial-bank
Net profit · 2018EC
ETB 6.75B
Bunna Bank
private-commercial-bank
Net profit · 2018EC
ETB 2.42B
Cooperative Bank of Oromia
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Net profit · 2018EC
ETB 6.14B
Oromia Bank
private-commercial-bank
Net profit · 2018EC
ETB 2.84B
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Net profit · 2017EC
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Abay Bank
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Net profit · 2018EC
ETB 4.55B
Berhan Bank
private-commercial-bank
Net profit · 2017EC
ETB 2.1B
Ahadu Bank
private-commercial-bank
Net profit · 2017EC
ETB 399.39M
Tsehay Bank
private-commercial-bank
Net profit · 2017EC
-ETB 271.4M
Sidama Bank
private-commercial-bank
Net profit · 2017EC
ETB 72.31M
Amhara Bank
private-commercial-bank
Net profit · 2017EC
ETB 592.33M
Development Bank of Ethiopia
state-owned-development-bank
Net profit · 2017EC
-ETB 6.84B
Goh Betoch Bank
private-commercial-bank
Net profit · 2017EC
ETB 65.53M
Hibret Bank
private-commercial-bank
Net profit · 2018EC
ETB 4.02B
Hijra Bank
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Net profit · 2017EC
ETB 488.68M
Shabelle Bank
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Net profit · 2017EC
ETB 20.95M
Siinqee Bank
private-commercial-bank
Net profit · 2017EC
ETB 3.35B
Siket Bank
private-commercial-bank
Net profit · 2017EC
ETB 1.24B
ZamZam Bank
interest-free-bank
Net profit · 2018EC
ETB 1.07B