Oromia Bank has posted the highest earnings in its history, recording a 155 percent growth in pre-tax profit during the 2024/25 financial year compared to the previous year. The bank’s performance, highlighted in its latest annual report, reflects strong growth across all business segments and a major expansion in digital banking services.
According to the report, Oromia Bank earned a pre-tax profit of 2.57 billion birr, up from 1.01 billion birr a year earlier. Net profit after tax also surged by 136 percent to 1.99 billion birr. The bank’s profitability translated into exceptional shareholder returns, with earnings per share rising by 109 percent to 297 birr and average dividends climbing by 114 percent to 221 birr.
Oromia Bank’s total revenue climbed 31 percent to 12.4 billion birr, while assets expanded by 26.5 percent to reach 85.5 billion birr. Deposits grew by a similar margin—26 percent—to 70.94 billion birr, underlining customer confidence. The bank’s customer base increased to 6.9 million, up 22 percent year-on-year.
The report also noted that Oromia Bank’s total capital reached 11.6 billion birr, with paid-up capital standing at 6.9 billion birr. Executives said this robust capital base will enable the bank to sustain growth, fund new investments, and manage potential economic risks.
Digitization remained a hallmark of the bank’s success. The number of digital banking users grew by 50 percent to 5.68 million, while digital service outlets increased by an unprecedented 527 percent, reaching 13,056 nationwide.
The bank also strengthened its interest-free banking services, extending 3.73 billion birr in Sharia-compliant financing as of June 2025. Among the year’s innovations was the “Milkii – Fly Now, Pay Later” partnership with Ethiopian Airlines, offering customers installment-based travel financing.
Despite macroeconomic challenges, including 14.4 percent inflation, foreign exchange pressures, and liquidity shortages, Oromia Bank achieved robust results. Operating expenses rose only 15 percent to 9.8 billion birr, while revenue surged 31 percent.
“Oromia Bank achieved record results despite significant challenges such as inflation, limited liquidity, and branch relocations due to urban redevelopment projects,” said Teferi Mekonnen, CEO of Oromia Bank.
