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.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.61 |
| Day’s High Price | 0.62 |
| Traded Volume | 2.52M |
| Number of Deals | 23 |
| Gross Turnover | 1.55M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 0.03 |
| Price/Earning Ratio | 20.67 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 29.5B |
| Market Capitalization | 18.3B |
JAIZBANK Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +6.9% | +8.77% | +3.33% |
| 6MO | 1YR | YTD |
|---|---|---|
| -10.1% | +6.9% | -6.06% |
The current share price of Jaiz Bank Plc (JAIZBANK) is NGN 0.62. JAIZBANK closed its last trading day (Friday, July 30, 2021) at 0.62 NGN per share on the Nigerian Stock Exchange (NGX). Jaiz began the year with a share price of 0.66 NGN but has since lost 6.06% off that price valuation, ranking it 117th on the NGX in terms of year-to-date performance. Shareholders’ fears may be allayed by the 9% increase of JAIZBANK share price since June 30th, which is 25th best on NGX.
Jaiz Bank is the 11th most traded stock on the Nigerian Stock Exchange over the past three months (Apr 27 - Jul 30, 2021). JAIZBANK has traded a total volume of 426 million shares—in 2,125 deals—valued at NGN 240 million over the period, with an average of 6.77 million traded shares per session. A volume high of 217 million was achieved on July 19th, and a low of 229,939 on April 29th, 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% |
|---|---|---|---|---|
| 2021-07-30 | 2,516,137 | 0.62 | ||
| 2021-07-29 | 14,898,700 | 0.62 | +0.01 | +1.64% |
| 2021-07-28 | 12,296,486 | 0.61 | +0.01 | +1.67% |
| 2021-07-27 | 6,157,859 | 0.60 | +0.02 | +3.45% |
| 2021-07-26 | 1,814,712 | 0.58 | ||
| 2021-07-23 | 2,863,381 | 0.58 | +0.02 | +3.57% |
| 2021-07-22 | 1,193,463 | 0.56 | ||
| 2021-07-19 | 217,122,307 | 0.56 | ||
| 2021-07-16 | 21,465,587 | 0.56 | -0.03 | -5.08% |
| 2021-07-15 | 3,690,898 | 0.59 |
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 | |
| Email: customercare@jaizbankplc.com | 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 |
|---|---|---|---|---|
| LASACO | Lasaco Assurance | 2.93B | 1.60 | +357% |
| ROYALEX | Royal Exchange | 2.83B | 0.55 | +112% |
| REGALINS | Regency Alliance Insurance Co. | 2.8B | 0.42 | +90.9% |
| CHIPLC | Consolidated Hallmark Insurance | 6.21B | 0.58 | +81.3% |
| UCAP | United Capital Plc | 42B | 7.00 | +48.6% |
| SOVRENINS | Sovereign Trust Insurance | 3.18B | 0.28 | +40% |
| WAPIC | Wapic Insurance | 13.2B | 0.55 | +37.5% |
| MBENEFIT | Mutual Benefits Assurance | 7.42B | 0.37 | +37% |
| WEMABANK | Wema Bank | 31.6B | 0.82 | +18.8% |
| LINKASSURE | Linkage Assurance | 8.4B | 0.60 | +15.4% |