JAIZBANK - Jaiz Bank Plc
Jaiz Bank Plc was created out of the former Jaiz International Plc which was set up in 2004 to establish Nigeria's first full-fledged non-interest bank. Jaiz Bank obtained a regional operating license (which allows the bank to operate geographically in a third of the country) as a non-interest bank from the Central Bank in November 2011 and began full operations in January the following year with 3 branches located in Abuja FCT, Kaduna, and Kano. The bank recently obtained approval from the Central Bank of Nigeria to operate in all parts of the federation. Its ultimate objective is to expand beyond the shores of Nigeria in line with its principle of being 100% Shari'ah compliant, however, without religious bias nor discrimination.
Jaiz Bank Plc is listed on the Nigerian Stock Exchange (NGX). Jaiz is traded on the NGX under the ticker symbol “JAIZBANK”. The International Securities Identification Number (ISIN) of NGX:JAIZBANK is NGJAIZBANK05. Jaiz Bank Plc is currently the 41st most valuable stock on the NGX with a market capitalization of NGN 55.3 billion, which makes about 0.142% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 1.59 |
| Day’s High Price | 1.63 |
| Traded Volume | 3.09M |
| Number of Deals | 71 |
| Gross Turnover | 4.94M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 34.5B |
| Market Capitalization | 55.3B |
JAIZBANK Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -1.23% | +1.27% | +6.67% |
| 6MO | 1YR | YTD |
|---|---|---|
| +32.2% | +77.8% | +73.9% |
The current share price of Jaiz Bank Plc (JAIZBANK) is NGN 1.60. JAIZBANK closed its last trading day (Wednesday, November 29, 2023) at 1.60 NGN per share on the Nigerian Stock Exchange (NGX). Jaiz began the year with a share price of 0.92 NGN and has since gained 73.9% on that price valuation, ranking it 57th on the NGX in terms of year-to-date performance.
Jaiz Bank is the 17th most traded stock on the Nigerian Stock Exchange over the past three months (Aug 31 - Nov 29, 2023). JAIZBANK has traded a total volume of 470 million shares—in 5,154 deals—valued at NGN 753 million over the period, with an average of 7.46 million traded shares per session. A volume high of 95.2 million was achieved on November 17th, and a low of 595,715 on October 11th, for the same period. The table below details the last 10 trading days of activity of Jaiz Bank on the Nigerian Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-11-29 | 3,090,609 | 1.60 | ||
| 2023-11-28 | 8,324,477 | 1.60 | -0.03 | -1.84% |
| 2023-11-27 | 4,494,243 | 1.63 | -0.01 | -0.61% |
| 2023-11-24 | 28,214,536 | 1.64 | +0.02 | +1.23% |
| 2023-11-23 | 7,856,735 | 1.62 | ||
| 2023-11-22 | 19,046,160 | 1.62 | +0.02 | +1.25% |
| 2023-11-21 | 16,077,303 | 1.60 | -0.02 | -1.23% |
| 2023-11-20 | 5,298,720 | 1.62 | +0.03 | +1.89% |
| 2023-11-17 | 95,206,426 | 1.59 | -0.01 | -0.63% |
| 2023-11-16 | 7,015,131 | 1.60 |
Profile of Jaiz Bank Plc
Jaiz Bank Plc operates in the Financials sector.
Factsheet of Jaiz Bank Plc
- Sector
- Financials
- Industry
- —
- Address
- No. 73 Ralph Shodeinde St, Central Business District, P.M.B. 31, Garki Abuja
- Telephone
- +234-708-063-5500
- Website
- jaizbankplc.com
JAIZBANK Industrial Market Competitors
Jaiz Bank Plc, issuers of the JAIZBANK 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 | 8.66B | 1.49 | +414% |
| INTENEGINS | International Energy Insurance | 1.78B | 1.39 | +266% |
| DEAPCAP | Deap Capital Management & Trust | 975M | 0.65 | +225% |
| UNITYBNK | Unity Bank | 18.1B | 1.55 | +182% |
| UBA | United Bank for Africa | 730B | 21.35 | +181% |
| STERLINGNG | Sterling Bank | 103B | 3.59 | +156% |
| CORNERST | Cornerstone Insurance Company | 25.3B | 1.39 | +132% |
| MANSARD | AXA Mansard Insurance | 41.4B | 4.60 | +130% |
| LASACO | Lasaco Assurance | 3.58B | 1.95 | +124% |
| LINKASSURE | Linkage Assurance | 11.9B | 0.85 | +113% |
