Bank of Africa

MASI 20MASI ESG

As of August 28, 2026, Bank of Africa trades at 188.00 MAD on the Casablanca Stock Exchange. Bank of Africa operates in the Banque sector.

Price
188.00 MAD−0.5%
Market cap
41.4 bn MAD
Business

What does Bank of Africa do?

Bank of Africa, formerly BMCE Bank (Banque Marocaine du Commerce Extérieur), is a Moroccan banking group headquartered in Casablanca. It offers banking and financial services to individuals, businesses and institutions, with a presence across Africa, and ranks among Morocco's leading banks.

Bank of Africa is also a player in the Moroccan fund market (custodian bank, fund distribution). See its role in the fund market

Performance

Bank of Africa performance

Stock performance over the main periods. Price as of August 28, 2026. Click a period to update the chart.

from Dec 30, 2025 to Aug 28, 2026
Price trend

As of August 28, 2026, Bank of Africa trades at 188.00 MAD, down 14.2% year to date.

Valuation ratios

Bank of Africa ratios

Valuation and profitability ratios, as of August 27, 2026.

P/E
10.92×
Price / Book (P/B)
1.31×
Dividend yield
2.7%
ROE
12.0%

Ratios computed from the share price and the latest published financial statements.

Dividends

Bank of Africa dividend

Bank of Africa paid a dividend of 5.00 MAD per share in 2026 for the 2025 financial year, with an ex-dividend date of July 16, 2026 on the Casablanca Stock Exchange. Yuna documents 10 dividend financial years for Bank of Africa, from the oldest (2016) to the most recent (2025).

Financial yearDividend per shareEx-dividend date
2025
paid in 2026
5.00 MADJuly 16, 2026
2024
paid in 2025
5.00 MADJuly 10, 2025
2023
paid in 2024
4.00 MADJuly 17, 2024
Show 7 earlier financial years
2022
paid in 2023
4.00 MADJuly 6, 2023
2021
paid in 2022
4.00 MADJuly 14, 2022
2020
paid in 2021
5.00 MADJuly 15, 2021
2019
paid in 2020
5.00 MADAugust 10, 2020
2018
paid in 2019
5.00 MADJuly 3, 2019
2017
paid in 2018
5.00 MADJune 29, 2018
2016
paid in 2017
5.00 MADJune 30, 2017

Dividend history updated on August 30, 2026.

Fund ownership

The funds that own Bank of Africa

Owning funds
180
Assets held
4.0 bn MAD
Share of market cap
9.6%

180 Moroccan funds own Bank of Africa, for 4.0 bn MAD of combined assets, 9.6% of market cap. As of the latest published inventory (December 31, 2025).

The list of owning funds

The breakdown of the 180 owning funds and the stock's weight in each portfolio is for subscribers.

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Financial analysis

Detailed financial analysis of Bank of Africa

Margins, EV/EBITDA, leverage, sector KPIs and earnings history, for subscribers.

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Keep exploring

Keep exploring the Moroccan market

Compare Bank of Africa with the other Banque stocks, in the full market directory. Casablanca Stock Exchange directory
Bank of Africa is a constituent of the MASI 20 index. See the MASI 20 index
Bank of Africa is a constituent of the MASI ESG index. See the MASI ESG index
Each fund that owns Bank of Africa has its own public page. Moroccan fund directory
FAQ

Frequently asked questions about Bank of Africa

What does Bank of Africa do?
Bank of Africa, formerly BMCE Bank (Banque Marocaine du Commerce Extérieur), is a Moroccan banking group headquartered in Casablanca. It offers banking and financial services to individuals, businesses and institutions, with a presence across Africa, and ranks among Morocco's leading banks.
What is the share price of Bank of Africa?
As of August 28, 2026, Bank of Africa trades at 188.00 MAD on the Casablanca Stock Exchange.
In which sector does Bank of Africa operate?
Bank of Africa is a Banque company listed on the Casablanca Stock Exchange.
What is the Bank of Africa dividend?
Bank of Africa paid a dividend of 5.00 MAD per share in 2026 for the 2025 financial year, with an ex-dividend date of July 16, 2026 on the Casablanca Stock Exchange.
When does Bank of Africa go ex-dividend?
The latest known ex-dividend date for Bank of Africa is July 16, 2026, for the 2025 financial year.
Which Moroccan funds own Bank of Africa?
180 Moroccan funds own Bank of Africa, for 4.0 bn MAD of combined assets, as of the latest published inventory.
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Data updated automatically · last update: August 28, 2026

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