Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Ecobank Transnational's shares outstanding for the quarter that ended in Mar. 2026 was 24,593 Mil.
Ecobank Transnational's quarterly shares outstanding
stayed the same
from Dec. 2025 (24,593 Mil) to Mar. 2026 (24,593 Mil).
Ecobank Transnational's annual shares outstanding
stayed the same
from Dec. 2024 (24,593 Mil) to Dec. 2025 (24,593 Mil).
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Ecobank Transnational Shares Outstanding (EOP) Related Terms
Ecobank Transnational Shares Outstanding (EOP) Historical Data
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The historical data trend for Ecobank Transnational's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Regional subindustry, Ecobank Transnational's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ecobank Transnational Shares Outstanding (EOP) vs Banks Industry
For the Banks industry and Financial Services sector, Ecobank Transnational's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Ecobank Transnational's Shares Outstanding (EOP) falls into.
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 24,593 Mil mean?
Ecobank Transnational (NSA:ETI) has a Shares Outstanding (EOP) of 24,593 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Ecobank Transnational and its competitors.
Is Ecobank Transnational's Shares Outstanding (EOP) too high?
Ecobank Transnational's current Shares Outstanding (EOP) is 24,593 Mil. Overall, Ecobank Transnational has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecobank Transnational's Shares Outstanding (EOP) compare to competitors?
Ecobank Transnational's Shares Outstanding (EOP) of 24,593 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Banks company?
A good Shares Outstanding (EOP) depends on the Banks industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Ecobank Transnational and its competitors. Ecobank Transnational's current Shares Outstanding (EOP) is 24,593 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecobank Transnational stock overvalued right now?
Based on GuruFocus' analysis, Ecobank Transnational (NSA:ETI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦34.66, compared to a current price of ₦95.20 — trading 174.7% above its estimated fair value. The current Shares Outstanding (EOP) is 24,593 Mil. Ecobank Transnational's overall GF Score™ is 24/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Ecobank Transnational (NSA:ETI), the current Shares Outstanding (EOP) is 24,593 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ecobank Transnational (NSA:ETI) Overvalued in 2026?
Based on GuruFocus' analysis, Ecobank Transnational stock appears to be overvalued.
The current stock price of ₦95.20 is trading 174.7% above its estimated GF Value™ of ₦34.66.
GuruFocus considers Ecobank Transnational to be Significantly Overvalued.
Key valuation signals for NSA:ETI:
Shares Outstanding (EOP): 24,593 Mil
GF Value™: ₦34.66 vs. price of ₦95.20 (174.7% above fair value)
No single metric tells the full story. See the NSA:ETI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ecobank Transnational Inc is a pan-African banking group. Through its subsidiaries, it provides retail, corporate and investment banking services throughout sub Saharan Africa outside South Africa. The company operates in three principal business reporting segments: Consumer Banking (CSB), Commercial Banking (CMB) and Corporate and Investment Banking (CIB). The majority of the revenue is derived from the Corporate and Investment Banking segment, which provides various financial services, including FICC, cash management, trade, loans and liquidity and securities, wealth, and asset management. Geographically, it derives the maximum revenue from Francophone West Africa (UEMOA), and the rest from Nigeria, Anglophone West Africa (AWA), and Central, Eastern and Southern Africa (CESA).
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