Bank of Africa stock closes at MAD 183 in Casablanca

Published on 10/08/2026 at 01:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bank of Africa stock closed at MAD 183.00 on October 7, 2026, down 0.27 percent. First-half net income rose 10 percent to MAD 2.5 billion.

BOA, MA0000012437, Illustration mit AI erstellt.

Bank of Africa stock (ISIN MA0000012437) closed at MAD 183.00 on the Casablanca Stock Exchange on October 7, 2026, down 0.27 percent from the previous session. The latest half-year figures show parent-attributable net income of MAD 2.5 billion for the six months ended June 30, 2026, up 10 percent year over year, according to TradingView on September 28, 2026.

Profit rises as income mix shifts

TradingView reported that consolidated net banking income increased 1 percent to MAD 10.5 billion in the first half of 2026, while fee income rose 10 percent and net interest income advanced 7 percent. The improvement came despite a 37 percent decline in income from market operations compared with the unusually strong first half of 2025.

The cost profile moved in the opposite direction. Operating expenses increased 8 percent because of information-technology investment, lifting the consolidated cost-to-income ratio to 44.2 percent from 41.5 percent a year earlier, while the cost of risk fell 16 percent to MAD 1.4 billion, according to TradingView.

Loans expand across the group

Bank of Africa's consolidated customer loans rose 4 percent from December 2025 to MAD 243 billion by June 30, 2026, while customer deposits increased 4 percent to MAD 286 billion. Consolidated assets reached MAD 460 billion, up 5 percent, and group shareholders' equity climbed 6 percent to MAD 33.7 billion, the half-year report said.

The parent bank's net income rose 4 percent to MAD 1.9 billion, although parent-level net banking income fell 3 percent to MAD 5.3 billion. The contrast leaves loan growth and credit quality as important counterweights to weaker market-operation income and higher technology spending.

Casablanca close stays measured

On October 7, 2026, the stock's Casablanca session range was MAD 182.00 to MAD 187.90, with 22,600 shares traded and a 0.27 percent decline to MAD 183.00. The price action was modest beside the half-year earnings comparison, keeping the operating figures central to the stock's current narrative.