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 68th most valuable stock on the NGX with a market capitalization of NGN 15.6 billion, which is about 0.04% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 75,080 |
| Number of Deals | 18 |
| Gross Turnover | 117,248.50 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 10.2B |
| Market Capitalization | 15.6B |
ABBEYBDS Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -10.5% | -17.2% | -9.41% |
| 6MO | 1YR | YTD |
|---|---|---|
| -8.33% | -9.41% | -9.41% |
The current share price of Abbey Mortgage Bank Plc (ABBEYBDS) is NGN 1.54. ABBEYBDS closed its last trading day (Monday, December 11, 2023) at 1.54 NGN per share on the Nigerian Stock Exchange (NGX). Abbey began the year with a share price of 1.70 NGN but has since lost 9.41% off that price valuation, ranking it 147th on the NGX in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that ABBEYBDS has lost 17% of the stock’s value from November 13th to date.
Abbey Mortgage Bank is the 105th most traded stock on the Nigerian Stock Exchange over the past three months (Sep 12 - Dec 11, 2023). ABBEYBDS has traded a total volume of 6.11 million shares—in 286 deals—valued at NGN 10.8 million over the period, with an average of 97,058 traded shares per session. A volume high of 1.26 million was achieved on December 1st 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% |
|---|---|---|---|---|
| 2023-12-11 | 75,080 | 1.54 | ||
| 2023-12-08 | 1,085 | 1.54 | ||
| 2023-12-07 | 54,289 | 1.54 | ||
| 2023-12-06 | 934,668 | 1.54 | -0.01 | -0.65% |
| 2023-12-05 | 570,269 | 1.55 | -0.17 | -9.88% |
| 2023-12-04 | 5,660 | 1.72 | ||
| 2023-12-01 | 1,257,467 | 1.72 | +0.04 | +2.38% |
| 2023-11-30 | 200 | 1.68 | ||
| 2023-11-29 | 233,919 | 1.68 | -0.18 | -9.68% |
| 2023-11-28 | 502 | 1.86 |
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 |
|---|---|---|---|---|
| SUNUASSUR | Sunu Assurances Nigeria Plc | 7.32B | 1.26 | +334% |
| INTENEGINS | International Energy Insurance | 1.78B | 1.39 | +266% |
| DEAPCAP | Deap Capital Management & Trust | 1.01B | 0.67 | +235% |
| UBA | United Bank for Africa | 773B | 22.60 | +197% |
| STERLINGNG | Sterling Bank | 115B | 3.98 | +184% |
| UNITYBNK | Unity Bank | 16.7B | 1.43 | +160% |
| ACCESSCORP | Access Holdings Plc | 718B | 20.20 | +138% |
| MANSARD | AXA Mansard Insurance | 41B | 4.56 | +128% |
| CORNERST | Cornerstone Insurance Company | 24.5B | 1.35 | +125% |
| LASACO | Lasaco Assurance | 3.48B | 1.90 | +118% |