FBNH - FBN Holdings Plc
FBN Holdings Plc is the non-operating holding company of First Bank of Nigeria Limited, a commercial bank with operations in 10 countries. As a diversified and one of the largest banking and financial services organizations in Africa, FBN offers a broad range of products and services including commercial banking, merchant banking, asset management, and insurance. The merchant banking and asset management business of the group comprises FBNQuest Merchant Bank Limited, FBNQuest Capital Limited, FBNQuest Trustees Limited, FBNQuest Capital Asset Management Limited, FBNQuest Funds Limited, and FBNQuest Securities Limited.
FBN Holdings operates through three major segments, namely, Commercial Banking, Merchant Banking and Asset Management, and Insurance. The Commercial Banking segment covers both individual and corporate clients and customers with financial intermediation services. The Merchant Banking and Asset Management segment offers advisory, asset management, markets, and private equity services to institutional, corporate, and governmental clients. The Insurance segment includes the group's legacy insurance brokerage business and the more recent full underwriting business. FirstBank was founded by Alfred Lewis Jones on March 31, 1894.
FBN Holdings Plc is listed on the Nigerian Stock Exchange (NGX) since November 26th, 2012. FBN is traded on the NGX under the ticker symbol “FBNH”. The International Securities Identification Number (ISIN) of NGX:FBNH is NGFBNH000009. FBN Holdings Plc is currently the 13th most valuable stock on the NGX with a market capitalization of NGN 587 billion, which is about 1.62% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 16.15 |
| Day’s High Price | 16.35 |
| Traded Volume | 2.05M |
| Number of Deals | 132 |
| Gross Turnover | 33.3M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 35.9B |
| Market Capitalization | 587B |
FBNH Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -3.25% | -2.68% | -8.66% |
| 6MO | 1YR | YTD |
|---|---|---|
| +50% | +61.1% | +50% |
The current share price of FBN Holdings Plc (FBNH) is NGN 16.35. FBNH closed its last trading day (Friday, September 29, 2023) at 16.35 NGN per share on the Nigerian Stock Exchange (NGX), recording a 1.9% gain over its previous closing price of 16.05 NGN. FBN began the year with a share price of 10.90 NGN and has since gained 50% on that price valuation, ranking it 58th on the NGX in terms of year-to-date performance.
FBN Holdings is the #1 most traded stock on the Nigerian Stock Exchange over the past three months (Jul 4 - Sep 29, 2023). FBNH has traded a total volume of 6.61 billion shares—in 16,347 deals—valued at NGN 125 billion over the period, with an average of 105 million traded shares per session. A volume high of 4.69 billion was achieved on July 6th, and a low of 1.41 million on September 22nd, for the same period. The table below details the last 10 trading days of activity of FBN on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-09-29 | 2,051,815 | 16.35 | +0.30 | +1.87% |
| 2023-09-28 | 2,114,231 | 16.05 | -0.05 | -0.31% |
| 2023-09-26 | 6,411,064 | 16.10 | -0.40 | -2.42% |
| 2023-09-25 | 4,700,136 | 16.50 | -0.40 | -2.37% |
| 2023-09-22 | 1,407,861 | 16.90 | ||
| 2023-09-21 | 2,172,763 | 16.90 | -0.15 | -0.88% |
| 2023-09-20 | 2,156,917 | 17.05 | -0.35 | -2.01% |
| 2023-09-19 | 18,079,251 | 17.40 | -0.30 | -1.69% |
| 2023-09-18 | 7,623,540 | 17.70 | -0.10 | -0.56% |
| 2023-09-15 | 4,640,036 | 17.80 |
Profile of FBN Holdings Plc
FBN Holdings Plc was founded on October 14, 2010 and operates in the Financials sector, specifically, the Banking industry. FBN Holdings contracts an estimated total number of 9,016 employees. The company is led by Elder Urum Kalu Eke (58) as its Group Managing Director, since 2016. The company's board of directors, chaired by Dr. Oba Otudeko (80), is composed of nine members whose names are listed below.
- Otudeko, Oba (Dr.)
Group Chairman - Eke, Urum Kalu (Elder)
Group Managing Director - Akintomide, Cecilia
Independent Non-Executive Director - Hassan-Odukale, Oye
Non-Executive Director - Osibogun, Otunba ‘Debola (Mrs)
Non-Executive Director - Adeduntan, Adesola (Dr.)
Non-Executive Director - Bokki, Hamza Wuro (Dr.)
Non-Executive Director - Anya, Chidi
Non-Executive Director - Ayida, Omatseyin
Non-Executive Director
Factsheet of FBN Holdings Plc
- Sector
- Financials
- Industry
- Banking
- Address
- Samuel Asabia House, 35 Marina Lagos, 5216, Nigeria
- Telephone
- +234-1-905-2326
FBNH Industrial Market Competitors
FBN Holdings Plc, issuers of the FBNH stock on the Nigerian 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 |
|---|---|---|---|---|
| UBA | United Bank for Africa | 575B | 16.80 | +121% |
| FIDELITYBK | Fidelity Bank Plc | 266B | 8.30 | +90.8% |
| ACCESSCORP | Access Holdings Plc | 560B | 15.75 | +85.3% |
| ETI | Ecobank Transnational Inc | 294B | 16.00 | +50.9% |
| GTCO | Guaranty Trust Holding | 1.01T | 34.45 | +49.8% |
| ZENITHBANK | Zenith Bank Plc | 987B | 31.45 | +31% |
| INTENEGINS | International Energy Insurance | 1.78B | 1.39 | +266% |
| SUNUASSUR | Sunu Assurances Nigeria Plc | 5.23B | 0.90 | +210% |
| CORNERST | Cornerstone Insurance Company | 29.2B | 1.61 | +168% |
| STERLINGNG | Sterling Bank | 107B | 3.70 | +164% |
