ACCESS - Access Bank Ghana
Access Bank Plc began its operations in Ghana on August 19, 2009 as one of the most capitalized commercial banks in the industry. Since its inception, the bank has provided universal banking services to a large portion of the Ghanaian population. Consequently, the bank's performance in the Ghanaian economy over the past 7 years has mirrored the reputation of its parent company, Access Bank Plc, which is ranked among the top 20 banks in Africa by assets and capital. The bank is today reputed as one of the fastest growing banks in the country, having demonstrated consistent year-on-year growth across key financial indicators. Access Bank Ghana was a beneficiary of a $40 million credit facility from the French Development Bank, PROPARCO and its Dutch counterpart Netherlands Development Finance Company (FMO) as well as 15 million EUR from the European Investment Bank to support its lending activities to the private sector.
Access Bank Ghana is listed on the Ghana Stock Exchange (GSE). Access is traded on the GSE under the ticker symbol “ACCESS”. The International Securities Identification Number (ISIN) of GSE:ACCESS is GHEABG043772. Access Bank Ghana is currently the 16th most valuable stock on the GSE with a market capitalization of GHS 539 million, which is about 0.728% of the Ghana Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | |
| Gross Turnover | |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 3.8429 |
| Price/Earning Ratio | 0.81 |
| Dividend Per Share | 0.00 |
| Dividend Yield | 0% |
| Shares Outstanding | 174M |
| Market Capitalization | 539M |
ACCESS Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +9.93% | -21.9% |
| 6MO | 1YR | YTD |
|---|---|---|
| -22.5% | -16.2% | -22.7% |
The current share price of Access Bank Ghana (ACCESS) is GHS 3.10. ACCESS closed its last trading day (Monday, September 25, 2023) at 3.10 GHS per share on the Ghana Stock Exchange (GSE). Access began the year with a share price of 4.01 GHS but has since lost 22.7% off that price valuation, ranking it 36th on the GSE in terms of year-to-date performance. Shareholders’ fears may be allayed by the 10% increase of ACCESS share price since August 25th, which is seventh best on GSE.
Access Bank Ghana is the 10th most traded stock on the Ghana Stock Exchange over the past three months (Jun 26 - Sep 25, 2023). ACCESS has traded a total volume of 234,252 shares valued at GHS 739,007 over the period, with an average of 3,718 traded shares per session. A volume high of 50,000 was achieved on August 11th for the same period. The table below details the last 10 trading days of activity of Access Bank Ghana on the Ghana Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-09-25 | 3,479 | 3.10 | ||
| 2023-09-22 | 2 | 3.10 | ||
| 2023-09-19 | 23,861 | 3.10 | ||
| 2023-09-14 | 34,871 | 3.10 | +0.28 | +9.93% |
| 2023-09-13 | 87 | 2.82 | ||
| 2023-09-05 | 100 | 2.82 | ||
| 2023-08-25 | 32,596 | 2.82 | -0.18 | -6.00% |
| 2023-08-24 | 55 | 3.00 | ||
| 2023-08-23 | 40 | 3.00 | ||
| 2023-08-22 | 217 | 3.00 |
Profile of Access Bank Ghana Plc
Access Bank Ghana Plc operates in the Financials sector, specifically, the Banking industry.
Factsheet of Access Bank Ghana Plc
- Sector
- Financials
- Industry
- Banking
- Address
- Starlets' 91 Road, Opp. Accra Sports Stadium, PO Box GP 353, Osu, Accra, Ghana
- Telephone
- +233-302-742-699, +233-302-661-769, 0800-004-400 (Toll free)
ACCESS Industrial Market Competitors
Access Bank Ghana Plc, issuers of the ACCESS stock on the Ghana Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Banking industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| ETI | Ecobank Transnational Incorporated | 3.61B | 0.15 | |
| RBGH | Republic Bank Ghana Limited | 460M | 0.54 | |
| SCBPREF | Stanchart Preferential Shares | 15.7M | 0.90 | |
| SCB | Standard Chartered Bank Limited | 2.62B | 19.45 | -3.52% |
| GCB | GCB Bank Limited | 928M | 3.50 | -11.2% |
| EGH | Ecobank Ghana Limited | 1.32B | 4.10 | -38.3% |
| SOGEGH | Societe Generale Ghana Limited | 1.12B | 1.58 | +58% |
| TBL | Trust Bank Gambia Limited | 164M | 0.82 | +2.5% |
| ADB | Agricultural Development Bank | 1.76B | 5.06 | |
| MAC | Mega African Capital Limited | 53.5M | 5.38 |