ADB - Agricultural Development Bank
Agricultural Development Bank (ADB) is a universal bank offering full range of banking products and services in retail, commercial, corporate and investment banking. The company was set up in 1965 by Act 286 and is wholly publicly-owned. The Government owns 52% of the shareholding, with the remaining 48% held by the Financial Investment Trust on behalf of the Bank of Ghana. ADB aims to be among the top tier performing banks in Ghana, balancing market orientation with a development focus on agriculture.
Agricultural Development Bank is listed on the Ghana Stock Exchange (GSE). Agricultural Development is traded on the GSE under the ticker symbol “ADB”. The International Securities Identification Number (ISIN) of GSE:ADB is GHEADB043726. Agricultural Development Bank is currently the seventh most valuable stock on the GSE with a market capitalization of GHS 1.76 billion, which makes about 2.37% 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 | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.1558 |
| Price/Earning Ratio | 32.48 |
| Dividend Per Share | 0.00 |
| Dividend Yield | 0% |
| Shares Outstanding | 347M |
| Market Capitalization | 1.76B |
ADB Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| 6MO | 1YR | YTD |
|---|---|---|
The current share price of Agricultural Development Bank (ADB) is GHS 5.06. ADB closed its last trading day (Monday, September 11, 2023) at 5.06 GHS per share on the Ghana Stock Exchange (GSE).
Agricultural Development Bank is the 28th most traded stock on the Ghana Stock Exchange over the past three months (Jul 3 - Sep 29, 2023). ADB has traded a total volume of 173 shares valued at GHS 875 over the period, with an average of 3 traded shares per session. A volume high of 100 was achieved on August 15th for the same period. The table below details the last 10 trading days of activity of Agricultural Development Bank on the Ghana Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-09-11 | 10 | 5.06 | ||
| 2023-09-04 | 1 | 5.06 | ||
| 2023-08-24 | 6 | 5.06 | ||
| 2023-08-18 | 2 | 5.06 | ||
| 2023-08-15 | 100 | 5.06 | ||
| 2023-08-09 | 6 | 5.06 | ||
| 2023-08-08 | 2 | 5.06 | ||
| 2023-08-07 | 4 | 5.06 | ||
| 2023-07-26 | 2 | 5.06 | ||
| 2023-07-25 | 30 | 5.06 |
Profile of Agricultural Development Bank
Agricultural Development Bank operates in the Financials sector.
Factsheet of Agricultural Development Bank
- Sector
- Financials
- Industry
- —
- Address
- Accra Financial Centre, 3rd Ambassadorial Development Area, Ridge, Accra
- Telephone
- +233-302-770-403
- adweb@agricbank.com
- Website
- www.agricbank.com
ADB Industrial Market Competitors
Agricultural Development Bank, issuers of the ADB stock on the Ghana Stock Exchange, have a number of market competitors who are also engaged in the Financials sector. 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 |
|---|---|---|---|---|
| SOGEGH | Societe Generale Ghana Limited | 1.12B | 1.58 | +58% |
| TBL | Trust Bank Gambia Limited | 164M | 0.82 | +2.5% |
| ETI | Ecobank Transnational Incorporated | 3.61B | 0.15 | |
| RBGH | Republic Bank Ghana Limited | 460M | 0.54 | |
| MAC | Mega African Capital Limited | 53.5M | 5.38 | |
| SCBPREF | Stanchart Preferential Shares | 15.7M | 0.90 | |
| POP | Pesewa One Plc | 3.4M | 0.68 | |
| GLD | NewGold ETF | 618M | 213.01 | -2.2% |
| SCB | Standard Chartered Bank Limited | 2.63B | 19.48 | -3.37% |
| GCB | GCB Bank Limited | 928M | 3.50 | -11.2% |
