The Republic Bank (Ghana) PLC has disclosed strong growth in its share price, reflecting rising investor confidence.
The bank said its stock rose from GH¢0.41 in December 2020 to GH¢0.66 by December 2024, before surging sharply to 1.30cedis by December 2025.
It added that by March 2026, the share price had surged further to 4.70 cedis.
Speaking during the Ghana Stock Exchange Facts Behind the Figures presentation, the bank’s Chief Finance Officer Ferguson Ofori-Atta said the bank’s shares were undervalued in 2024, with a price-to-earnings ratio of 2.75, which improved to 3.94 in 2025.
He said the recent rise in share price confirms the bank’s stronger financial position.
“So on the board is the performance of the bank’s share price over the last few years, from 0.41 in December 2020 to a record high of 1.30 by the end of December 2025.
“I must say that, based on this performance, the bank would have achieved a price-earnings ratio of 2.75 in 2024, which meant that our shares were undervalued in 2024. In 2025, this was further confirmed by a price-earnings ratio of 3.94,” he said.
The Managing Director, Benjamin Dzoboku, said management is targeting a reduction in its non-performing loans (NPL) ratio to 10% by September 2026.
He said the bank remains committed to paying dividends, noting that efforts are underway to meet performance targets required for payouts.
