Coris Bank International closed at 32,200 FCFA on Monday 9 November on the Regional Securities Exchange (BRVM), up 198,7 % since the start of the year. The Burkinabè bank posted the strongest gain among the sixteen listed banks in Abidjan, in a market that itself had an exceptional year: the BRVM Composite index gained 50,9 % over the same period.
Bank stocks are leading the way. The BRVM Financial Services index has risen 63,1 % since January, 12.2 points more than the broader index, and eleven of the sixteen listed banks are outperforming the Composite.
In % depuis janvier 2026
Source: BRVM, Bulletin officiel de la cote, séance du 9 novembre 2026
| Variation du cours depuis janvier (%) | |
|---|---|
| Coris Bank International (Burkina Faso) | 198.7 |
| Ecobank Transnational (Togo) | 156.52 |
| Bank of Africa Burkina Faso | 110.67 |
| Bank of Africa Niger | 91.57 |
| BICI Côte d’Ivoire | 69.2 |
| Bank of Africa Côte d’Ivoire | 66.71 |
| BIIC (Bénin) | 60.4 |
| Bank of Africa Bénin | 60 |
| Bank of Africa Sénégal | 58.02 |
| Société ivoirienne de banque | 53.04 |
| NSIA Banque Côte d’Ivoire | 51.86 |
| Bank of Africa Mali | 42.38 |
| Société Générale Côte d’Ivoire | 30.46 |
| Bridge Bank Group Côte d’Ivoire | 17.56 |
| Oragroup (Togo) | 10.42 |
| Ecobank Côte d’Ivoire | -3.06 |
Burkina Faso and Togo at the top
Behind Coris Bank, Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank group listed on the BRVM under Togo, jumped 156,5 %. Its share price nevertheless remains one of the cheapest on the exchange: moving from about 23 FCFA to 59 FCFA, it needed only a few dozen francs to post such a percentage gain. Bank of Africa Burkina Faso (+110.7%) and Bank of Africa Niger (+91.6%) round out the top of the table.
In Benin, BIIC (+60.4%) and Bank of Africa Bénin (+60.0%) are moving at the same pace, about ten points ahead of the market. In Côte d'Ivoire, home to the largest group of listings on the exchange, BICI (+69.2%) and Bank of Africa Côte d'Ivoire (+66.7%) are ahead of the other Ivorian banks.
Wide disparities and shrinking returns
Performance is far from uniform. Bank of Africa Mali (+42.4%), Société Générale Côte d'Ivoire (+30.5%), Bridge Bank Group (+17.6%) and Oragroup (+10.4%) remain below the index, while Ecobank Côte d'Ivoire is the only listed bank down over the year (-3,1 %).
For Coris Bank, the gain can also be measured in wealth: 1 million FCFA invested in the stock on 1 January would be worth nearly 3 million as of today, excluding dividends, the starting price stands at around 10,780 CFA francs. The flip side of this surge, the latest net dividend of 900 CFA francs, paid in June, now represents only 2,8 % of the current price, compared with more than 8% measured against the start-of-year price.
Late buyers therefore pay more for the same income. Among listed banks, Bank of Africa Bénin now offers the highest net yield, at 6,25 % according to the market bulletin. These movements only affect prices and concern shares that are sometimes thinly traded: on Monday, fewer than 400 Coris Bank shares changed hands.