First Bank Nigeria Plc Share Price Nigerian Stock Exchange Overview

First Bank Nigeria Plc is one of the most prominent banks in Nigeria, with a rich history dating back to 1894. The bank has undergone significant transformations over the years, from its humble beginnings as a colonial bank to its current status as a leading financial institution in the country.

The bank's share price is listed on the Nigerian Stock Exchange (NSE), where it is a key player in the banking sector. As of the last update, the bank's shares are traded under the ticker symbol FBNH.

First Bank Nigeria Plc has a strong presence in the Nigerian market, with a large customer base and a wide range of financial products and services. The bank's financial performance is also impressive, with a strong track record of profitability and dividend payments.

The First Bank of Nigeria PLC share price can be a bit confusing, but it's actually quite straightforward. The share price is quoted on the Nigerian Stock Exchange (NSE) under the ticker symbol FBNH.

First Bank of Nigeria PLC is one of the largest banks in Nigeria, with a long history dating back to 1894. The bank has a strong presence in the country's financial sector.

The bank's share price has fluctuated over the years, influenced by various market and economic factors.

The valuation of First Bank of Nigeria PLC is a complex topic, but we can break it down into some key points. The enterprise value of the bank has fluctuated over time, ranging from 1.012 billion to 103 billion.

Let's take a look at the P/E ratio, which is a measure of how much investors are willing to pay for each share of the bank. Unfortunately, the P/E ratio for 2024 and 2025 is not available in the data.

The EV/Sales ratio, on the other hand, gives us an idea of how much investors are willing to pay for each dollar of sales generated by the bank. For 2024, the EV/Sales ratio is 0.44x, and for 2025, it's 0.41x.

Another important metric is the yield, which represents the return on investment for the bank's shares. In 2024, the yield is 3.58%, and it's expected to increase to 4.26% in 2025.

Here's a summary of the key valuation metrics for First Bank of Nigeria PLC:

In the past 3 months, FBNH has not had significant price volatility in comparison to the NG market. This is a reassuring sign for investors.

FBNH's weekly volatility of 6% has been stable over the past year. This stability suggests a reliable investment opportunity.

Here's a comparison of FBNH's volatility to the industry and market averages:

FBNH's volatility is higher than the industry average but lower than the market average. This indicates that the company's stock price is more sensitive to market fluctuations than its industry peers, but less sensitive than the overall market.

First Bank of Nigeria PLC has been making headlines with several press releases in recent weeks. One notable release is the announcement that FBN Holdings will invest N103.1 billion in corporate and retail business segments through a rights issue.

This investment is a significant move for the company, aiming to boost its business segments. In related news, Nigeria's top bank stocks are expected to see gains due to high interest rates.

The company's strong financial position is likely to contribute to these gains. First Bank of Nigeria PLC has also made headlines with its new name, becoming the 'First Holdco' after shareholders endorsed the change.

Here are the press releases from First Bank of Nigeria PLC in the past few weeks:

When evaluating the performance of First Bank of Nigeria PLC, let's take a closer look at the shareholder returns. Over the past 7 days, FBNH's shareholder returns stood at 9.2%, significantly higher than the 5.7% return of the NG Banks industry.

The 1-year return for FBNH was 26.3%, which is lower than the 37.9% return of the NG Banks industry. This indicates that FBNH underperformed the industry in the long term.

In comparison to the NG Market, FBNH outperformed, with a 1-year return of 26.3% compared to the market's 0.4%. This suggests that FBNH has been a better investment option for shareholders than the broader market.

Here's a comparison of FBNH's returns with the industry and market over the past 7 days and 1 year: