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 14th most valuable stock on the GSE with a market capitalization of GHS 835 million, which is about 1.07% of the Ghana Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 73 |
| Number of Deals | |
| Gross Turnover | |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 3.5555 |
| Price/Earning Ratio | 1.35 |
| Dividend Per Share | 0.00 |
| Dividend Yield | 0% |
| Shares Outstanding | 174M |
| Market Capitalization | 835M |
ACCESS Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +7.87% | +18.5% | +29.7% |
| 6MO | 1YR | YTD |
|---|---|---|
| +41.2% | +20% | +41.2% |
The current share price of Access Bank Ghana (ACCESS) is GHS 4.80. ACCESS closed its last trading day (Monday, April 15, 2024) at 4.80 GHS per share on the Ghana Stock Exchange (GSE), recording a 7.9% gain over its previous closing price of 4.45 GHS. Access began the year with a share price of 3.40 GHS and has since gained 41.2% on that price valuation, ranking it third on the GSE in terms of year-to-date performance. Shareholders can be optimistic about ACCESS knowing the stock has accrued 19% over the past four-week period—third best on GSE.
Access Bank Ghana is the 16th most traded stock on the Ghana Stock Exchange over the past three months (Jan 17 - Apr 18, 2024). ACCESS has traded a total volume of 75,680 shares valued at GHS 320,163 over the period, with an average of 1,201 traded shares per session. A volume high of 38,703 was achieved on February 29th 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% |
|---|---|---|---|---|
| 2024-04-15 | 17,000 | 4.80 | +0.35 | +7.87% |
| 2024-04-05 | 1 | 4.45 | ||
| 2024-04-02 | 1,453 | 4.45 | ||
| 2024-03-27 | 5,499 | 4.45 | +0.40 | +9.88% |
| 2024-03-22 | 17 | 4.05 | ||
| 2024-03-21 | 2 | 4.05 | ||
| 2024-03-15 | 1 | 4.05 | ||
| 2024-03-14 | 222 | 4.05 | ||
| 2024-03-12 | 1,770 | 4.05 | ||
| 2024-03-11 | 3,230 | 4.05 |
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 |
|---|---|---|---|---|
| GCB | GCB Bank Limited | 1.11B | 4.20 | +23.5% |
| EGH | Ecobank Ghana Limited | 1.97B | 6.10 | +10.9% |
| SCB | Standard Chartered Bank Limited | 2.59B | 19.25 | +9.69% |
| ETI | Ecobank Transnational Incorporated | 3.61B | 0.15 | |
| RBGH | Republic Bank Ghana Limited | 409M | 0.48 | |
| SCBPREF | Stanchart Preferential Shares | 15.7M | 0.90 | |
| GLD | NewGold ETF | 936M | 322.75 | +47.7% |
| SIC | SIC Insurance Company Limited | 48.9M | 0.25 | +4.17% |
| ADB | Agricultural Development Bank | 1.76B | 5.06 | |
| SOGEGH | Societe Generale Ghana Limited | 1.11B | 1.57 |