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 46th most valuable stock on the NGX with a market capitalization of NGN 28.7 billion, which makes about 0.1% of the Nigerian Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.77 |
| Day’s High Price | 0.83 |
| Traded Volume | 8.35M |
| Number of Deals | 57 |
| Gross Turnover | 6.53M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 34.5B |
| Market Capitalization | 28.7B |
JAIZBANK Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -7.78% | +22.1% | +18.6% |
| 6MO | 1YR | YTD |
|---|---|---|
| +27.7% | +31.8% | +48.2% |
The current share price of Jaiz Bank Plc (JAIZBANK) is NGN 0.83. JAIZBANK closed its last trading day (Thursday, May 19, 2022) at 0.83 NGN per share on the Nigerian Stock Exchange (NGX), recording a 2.4% drop from its previous closing price of 0.85 NGN. Jaiz began the year with a share price of 0.56 NGN and has since gained 48.2% on that price valuation, ranking it 22nd on the NGX in terms of year-to-date performance. Shareholders can be optimistic about JAIZBANK knowing the stock has accrued 22% over the past four-week period alone—25th best on NGX.
Jaiz Bank is the ninth most traded stock on the Nigerian Stock Exchange over the past three months (Feb 16 - May 19, 2022). JAIZBANK has traded a total volume of 645 million shares—in 2,513 deals—valued at NGN 547 million over the period, with an average of 10.2 million traded shares per session. A volume high of 172 million was achieved on May 17th, and a low of 67,550 on March 31st, 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% |
|---|---|---|---|---|
| 2022-05-19 | 8,347,119 | 0.83 | -0.02 | -2.35% |
| 2022-05-18 | 116,641,894 | 0.85 | -0.05 | -5.56% |
| 2022-05-17 | 172,146,327 | 0.90 | +0.01 | +1.12% |
| 2022-05-16 | 87,416,065 | 0.89 | -0.01 | -1.11% |
| 2022-05-13 | 32,310,326 | 0.90 | ||
| 2022-05-12 | 15,906,033 | 0.90 | ||
| 2022-05-11 | 40,438,849 | 0.90 | +0.05 | +5.88% |
| 2022-05-10 | 325,301 | 0.85 | ||
| 2022-05-09 | 592,737 | 0.85 | +0.01 | +1.19% |
| 2022-05-06 | 11,302,629 | 0.84 |
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 |
|---|---|---|---|---|
| WEMABANK | Wema Bank | 42.2B | 3.28 | +356% |
| ABBEYBDS | Abbey Mortgage Bank Plc | 15.4B | 1.52 | +46.2% |
| ROYALEX | Royal Exchange | 6.48B | 1.26 | +43.2% |
| UCAP | United Capital Plc | 81.6B | 13.60 | +37.4% |
| ETI | Ecobank Transnational Inc | 218B | 11.90 | +36.8% |
| FIDELITYBK | Fidelity Bank Plc | 101B | 3.47 | +36.1% |
| CORNERST | Cornerstone Insurance Company | 10.5B | 0.58 | +26.1% |
| LINKASSURE | Linkage Assurance | 8.54B | 0.61 | +19.6% |
| FCMB | FCMB Group Plc | 69.3B | 3.50 | +17.1% |
| SFSREIT | Skye Shelter Fund Plc | 1.54B | 77.00 | +13.4% |
