The Cooperative Bank of Oromia saw strong deposit growth outpacing competitors in the 2024/25 financial year. However, net profit dipped slightly to 1.56 billion birr from 1.61 billion birr the prior year, highlighting challenges in profitability.
The Cooperative Bank of Oromia, known as Coop Bank, navigated the 2024/25 financial year with robust deposit inflows that outpaced its competitors, riding a liquidity wave in Ethiopia's banking sector. Yet, this balance-sheet expansion did not translate into stronger profits, as expenses rose faster than income. Net profit stood at 1.56 billion birr, a slight decrease from 1.61 billion birr in the previous year. Profit before tax fell to 1.98 billion birr, marking a 21.3 percent decline. Earnings per share for shareholders dropped from 15 percent to 14 percent, underscoring the difficulties in converting growth into profitability amid rising costs. This performance reflects broader challenges in the sector, where liquidity surges have not always bolstered bottom lines. The bank's results, reported on January 10, 2026, by Nahom Ayele, highlight an imbalance between scale and earnings in Oromia's financial landscape.