Financial transformation of BanEcuador: analysis of historical profits in the years (2023-2024)
DOI:
https://doi.org/10.70577/a7f6t575Keywords:
vertical analysis, horizontal analysis, profitability, BanEcuador.Abstract
This research focused on BanEcuador, a public Ecuadorian financial institution whose mission is to promote economic and social development through productive credits. The main objective of the research was to determine the profitability and economic sustainability of BanEcuador through a financial study. In this study, three approaches were applied: vertical analysis, horizontal analysis, and financial indicators, which allowed for characterizing the economic situation of the public entity. The vertical analysis showed a significant increase in available funds, reflecting greater liquidity in 2024, while the loan portfolio decreased in its relative weight, thus showing asset diversification. In the horizontal analysis, a slight increase in loan portfolio delinquency was evident, representing a challenge in credit management. However, the profitability indicators showed a recovery: ROA went from -1.42% in 2023 to 0.03% in 2024, and the ROE from -6.88% to 0.14%. This means that BanEcuador managed to move out of losses and stabilize its financial performance. From this research, it is concluded that BanEcuador maintains a stable situation and that in 2024 it managed to improve its liquidity and profitability, although it still faces challenges in credit management.
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Copyright (c) 2026 Montenegro Quiroz Lilian Emilia, Zambrano Choez Jenny Benedicta, Zambrano Macias Lenier Geomar, Ximena Minshley Guillin Llanos (Autor/a)
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