Ecobank Transnational (NSA:ETI) EPS without NRI: ₦23.64 (TTM As of Mar. 2026)


NSA:ETI Ecobank Transnational Inc NSA:ETI
24 GF Score
Price ₦85.70
GF Value ₦34.25
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ecobank Transnational EPS without NRI?

Ecobank Transnational NSA:ETI 24 EPS without NRI is ₦23.64 as of Mar. 2026. GuruFocus rates NSA:ETI with a GF Score™ of 24/100 and a GF Value™ of ₦34.25 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,412 Banks companies, Ecobank Transnational ranks better than 62.54% on this metric.

Ecobank Transnational's earnings per share without non-recurring items for the three months ended in Mar. 2026 was ₦5.20. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2026 was ₦23.64.

During the past 12 months, Ecobank Transnational's average earnings per share (NRI) Growth Rate was 20.30% per year. During the past 3 years, the average earnings per share (NRI) Growth Rate was 12.20% per year. During the past 5 years, the average earnings per share (NRI) Growth Rate was 13.90% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for Ecobank Transnational's EPS without NRI or its related term are showing as below:

NSA:ETI' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -39.1   Med: 11.4   Max: 31
Current: 12.2

During the past 13 years, Ecobank Transnational's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 31.00% per year. The lowest was -39.10% per year. And the median was 11.40% per year.

NSA:ETI's 3-Year EPS without NRI Growth Rate is ranked better than
62.54% of 1412 companies
in the Banks industry
Industry Median: 7.25 vs NSA:ETI: 12.20

Ecobank Transnational's EPS (Diluted) for the three months ended in Mar. 2026 was ₦5.20. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₦23.66.

Ecobank Transnational's EPS (Basic) for the three months ended in Mar. 2026 was ₦5.20. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₦23.66.


Ecobank Transnational  (NSA:ETI) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Ecobank Transnational EPS without NRI Related Terms


Ecobank Transnational EPS without NRI Historical Data

* Premium members only.

The historical data trend for Ecobank Transnational's EPS without NRI 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.

Ecobank Transnational EPS without NRI Chart

Ecobank Transnational Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EPS without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.10 16.38 17.56 18.78 23.10

Ecobank Transnational Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EPS without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.70 6.17 6.85 5.43 5.20

Ecobank Transnational EPS without NRI Competitor Comparison

For the Banks - Regional subindustry, Ecobank Transnational's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Banks Industry

For the Banks industry and Financial Services sector, Ecobank Transnational's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Ecobank Transnational's PE Ratio without NRI falls into.


NSA:ETI
24GF Score
Ecobank Transnational Inc NSA:ETI
EPS without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecobank Transnational EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦23.64

* 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.

Frequently Asked Questions Learn more about EPS without NRI →
What does a EPS without NRI of ₦23.64 mean?
Ecobank Transnational (NSA:ETI) has a EPS without NRI of ₦23.64 as of Mar. 2026. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Ecobank Transnational and its competitors. According to the industry distribution chart, Ecobank Transnational ranks #529 out of 1412 companies in the Banks industry, placing it in the top 37.5%.
Is Ecobank Transnational's EPS without NRI too high?
Ecobank Transnational's current EPS without NRI is ₦23.64. Based on the distribution chart, Ecobank Transnational ranks #529 out of 1412 companies in the Banks industry, which is above the industry midpoint. 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 EPS without NRI compare to competitors?
According to the Banks industry distribution chart, Ecobank Transnational ranks #529 out of 1412 companies for EPS without NRI. This puts Ecobank Transnational in the upper half of its industry. The industry median EPS without NRI is 7.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EPS without NRI for a Banks company?
The median EPS without NRI among Banks companies is 7.25, based on 1,412 companies in the industry. Companies in the top quartile (top 25%) have a EPS without NRI significantly above this median, while those in the bottom quartile fall well below. However, EPS without NRI 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 EPS without NRI mean?
A high EPS without NRI can signal that a stock is expensive relative to its fundamentals. EPS without NRI represents per-share earnings excluding one-time charges. View historical data on Ecobank Transnational and its competitors. For the Banks industry, the median EPS without NRI is 7.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecobank Transnational's current EPS without NRI is ₦23.64. 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 ₦34.25, compared to a current price of ₦85.70 — trading 150.2% above its estimated fair value. The current EPS without NRI is ₦23.64. 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 EPS without NRI calculated?
EPS without NRI is calculated from a company's financial statements. For Ecobank Transnational (NSA:ETI), the current EPS without NRI is ₦23.64 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 ₦85.70 is trading 150.2% above its estimated GF Value™ of ₦34.25. GuruFocus considers Ecobank Transnational to be Significantly Overvalued.

Key valuation signals for NSA:ETI:

  • EPS without NRI: ₦23.64
  • GF Value™: ₦34.25 vs. price of ₦85.70 (150.2% above fair value)
  • GF Score™: 24/100 with 6 warning signs

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 Business Description

Other Exchanges ETI:GhanaETIT:Cote d'Ivoire
Address 2365, Boulevard du Mono, Lome, TGO, 3261
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).
24GF Score

Get the complete analysis for NSA:ETI

EPS without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦85.70
Price
₦34.25
GF Value