ABBEYBDS - Abbey Mortgage Bank Plc
Abbey Mortgage Bank Plc is a Nigerian mortgage bank and housing loans provider. The company was incorporated on August 26, 1991 and licensed to carry on business as a Primary Mortgage Institution by the Central Bank of Nigeria on January 11, 1992. Abbey is the first mortgage bank in Nigeria to be IFRS compliant and have foreign equity investment through Africinvest Capital Partners (Tunisia). The bank commenced with an initial authorized share capital of 5 million naira and currently employs over 140 core staff as well as 87 casual employees at nine branches. Abbey Mortgage Bank Plc's professional affiliation/membership include the Mortgage Banking Association of Nigeria, African Union of Housing Finance, and International Union for Housing Finance.
Abbey Mortgage Bank Plc is listed on the Nigerian Stock Exchange (NGX). Abbey is traded on the NGX under the ticker symbol “ABBEYBDS”. The International Securities Identification Number (ISIN) of NGX:ABBEYBDS is NGABBEY00001. Abbey Mortgage Bank Plc is currently the 61st most valuable stock on the NGX with a market capitalization of NGN 26.5 billion, which is about 0.048% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 2.61 |
| Day’s High Price | 2.61 |
| Traded Volume | 234M |
| Number of Deals | 22 |
| Gross Turnover | 611M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 10.2B |
| Market Capitalization | 26.5B |
ABBEYBDS Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -3.33% | -3.33% | +4.4% |
| 6MO | 1YR | YTD |
|---|---|---|
| -12.7% | +133% | +17.6% |
The current share price of Abbey Mortgage Bank Plc (ABBEYBDS) is NGN 2.61. ABBEYBDS closed its last trading day (Friday, July 26, 2024) at 2.61 NGN per share on the Nigerian Stock Exchange (NGX), recording a 3.3% drop from its previous closing price of 2.70 NGN. Abbey began the year with a share price of 2.22 NGN and has since gained 17.6% on that price valuation, ranking it 42nd on the NGX in terms of year-to-date performance.
Abbey Mortgage Bank is the eighth most traded stock on the Nigerian Stock Exchange over the past three months (Apr 25 - Jul 26, 2024). ABBEYBDS has traded a total volume of 1.11 billion shares—in 713 deals—valued at NGN 2.83 billion over the period, with an average of 17.6 million traded shares per session. A volume high of 363 million was achieved on May 2nd, and a low of 80 on July 17th, for the same period. The table below details the last 10 trading days of activity of Abbey Mortgage Bank on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-07-26 | 234,006,991 | 2.61 | -0.09 | -3.33% |
| 2024-07-25 | 14,701 | 2.70 | ||
| 2024-07-24 | 416 | 2.70 | ||
| 2024-07-23 | 3,000 | 2.70 | ||
| 2024-07-22 | 9,430 | 2.70 | ||
| 2024-07-19 | 40,496 | 2.70 | ||
| 2024-07-18 | 203,755 | 2.70 | +0.19 | +7.57% |
| 2024-07-17 | 80 | 2.51 | ||
| 2024-07-16 | 1,048 | 2.51 | ||
| 2024-07-15 | 318,853 | 2.51 |
Profile of Abbey Mortgage Bank Plc
Abbey Mortgage Bank Plc operates in the Financials sector.
Factsheet of Abbey Mortgage Bank Plc
- Sector
- Financials
- Industry
- —
- Address
- 23 Karimu Kotun Street, Victoria Island, Lagos, Nigeria
- Telephone
- +234-1-903-5700
ABBEYBDS Industrial Market Competitors
Abbey Mortgage Bank Plc, issuers of the ABBEYBDS stock on the Nigerian 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 |
|---|---|---|---|---|
| VERITASKAP | Veritas Kapital Assurance Plc | 13.6B | 0.98 | +165% |
| UCAP | United Capital Plc | 234B | 38.95 | +69.4% |
| CORNERST | Cornerstone Insurance Company | 36B | 1.98 | +41.4% |
| SOVRENINS | Sovereign Trust Insurance | 7.97B | 0.56 | +33.3% |
| NEM | N.E.M. Insurance Company | 41.1B | 8.20 | +30.2% |
| AIICO | Aiico Insurance Plc | 37.7B | 1.03 | +28.8% |
| AFRIPRUD | Africa Prudential Plc | 19B | 9.50 | +28.4% |
| UNIVINSURE | Universal Insurance Company | 5.28B | 0.33 | +26.9% |
| WAPIC | Wapic Insurance | 20.6B | 0.86 | +26.5% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 7.84B | 1.35 | +22.7% |
