Stanbic IBTC Holdings Company Information and Analysis

Stanbic IBTC Holdings is a leading financial services institution in Nigeria, with a rich history dating back to 1959.

The company was established as a merchant bank, known as First Bank of Nigeria Limited, and has since grown to become a diversified financial services group.

Stanbic IBTC Holdings is a subsidiary of Stanbic IBTC Holdings PLC, a company listed on the Nigerian Stock Exchange.

The company offers a wide range of financial services, including corporate and investment banking, personal and business banking, wealth management, and more.

Stanbic IBTC Holdings has a strong presence in Nigeria, with over 180 branches and a large network of agents across the country.

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Stanbic IBTC Holdings is a well-structured company with a clear ownership and governance framework. The stock of Stanbic IBTC Holdings is listed on the Nigerian Stock Exchange (NSE) under the symbol STANBIC.

The company's ownership is divided between Stanbic Africa Holdings Limited and others, with Stanbic Africa Holdings Limited holding a significant 63.7% stake. The remaining 36.3% is held by others.

Here's a breakdown of the company's ownership structure:

The company's governance is overseen by a seven-person board of directors, with five non-executive and two executive members. The chairman of the Board of Stanbic IBTC Holdings is Sola David-Borha.

In 2007, IBTC Chartered Bank Plc merged with Stanbic Bank Nigeria Limited. The merger resulted in the formation of Stanbic IBTC Holdings Plc.

Stanbic Africa Holdings Limited (SAHL) acquired additional IBTC shares, increasing its shareholding to 50.75%. This is a significant increase from the initial 33.33% shareholding as of the merger date.

The business name was changed to Stanbic IBTC Holdings Plc after the merger. This new entity resumed trading on the Nigerian Stock Exchange (NSE).

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Stanbic IBTC Holdings has a clear ownership structure, with the majority of its shares held by a single entity.

The largest shareholder is Stanbic Africa Holdings Limited, which owns 63.7% of the company's stock.

The remaining shares are held by a diverse group of individuals and institutions, known as "Others", who collectively own 36.3% of the company.

This distribution of ownership is reflected in the company's stock listing on the Nigerian Stock Exchange (NSE), where it trades under the symbol STANBIC.

Here's a breakdown of the ownership structure:

The governance structure of Stanbic IBTC Holdings is overseen by a seven-person board of directors.

The board consists of five non-executive and two executive members, which provides a good balance of expertise and oversight.

The chairman of the Board of Stanbic IBTC Holdings is Sola David-Borha, who plays a crucial role in guiding the board's decisions.

This governance structure allows for effective decision-making and ensures that the company is run in a responsible and transparent manner.

Stanbic IBTC Holdings has a diverse range of member companies that cater to different financial needs.

The group's member companies include Stanbic IBTC Bank, which is a commercial bank in Nigeria regulated by the Central Bank of Nigeria. Stanbic IBTC Pension Managers Limited is a leading Pension Fund Administrator in Nigeria, while Stanbic IBTC Asset Management Limited provides asset management services.

Here are some of the member companies and their categories:

These member companies are part of the Standard Bank Group and offer a range of financial services to individuals and businesses in Nigeria.

Stanbic IBTC Holdings has a diverse range of member companies, each with its own unique focus.

Stanbic IBTC Bank is a commercial bank in Nigeria, serving individuals and businesses, and regulated by the Central Bank of Nigeria.

The company's financial services offerings are extensive, with Stanbic IBTC Pension Managers Limited being a leading Pension Fund Administrator (PFA) in Nigeria.

Stanbic IBTC Asset Management Limited was incorporated in 1992 and provides asset management services.

Stanbic IBTC Stockbrokers Limited offers stock brokerage services, while Stanbic IBTC Trustees Limited specializes in trusteeship and estate management.

Stanbic IBTC Capital Limited provides investment banking services, and Stanbic IBTC Insurance Brokers operates as the insurance brokerage arm of the group, dealing mainly with general insurance.

Stanbic IBTC Insurance Limited offers life insurance services, and Stanbic IBTC Nominees acts as a custodian in money market and fixed income securities for the Nigerian market.

Zest Payment is the fintech subsidiary of Stanbic IBTC Holdings PLC.

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Here are the member companies of Stanbic IBTC Holdings:

Stanbic IBTC Holdings is part of the Standard Bank Group, a major financial services group in Africa.

I've worked with several companies that are part of larger groups, and it's always interesting to see how they operate. Stanbic IBTC Holdings PLC is a great example of this, with a diverse range of companies under its umbrella.

The group has several notable companies, including Stanbic IBTC Stockbrokers Ltd., which is a stockbroking company that offers online share trading services for stocks and bonds. Stanbic IBTC Stockbrokers Ltd. is based in Lagos, Nigeria, and provides insights and professional advice from its team of experts.

Stanbic IBTC Nominees Ltd. is another key company in the group, acting as a nominee/trust/depository. This company is also based in Lagos, Nigeria.

The group also has several investment management companies, including Stanbic IBTC Pension Managers Ltd. and Stanbic IBTC Asset Management Ltd. Stanbic IBTC Pension Managers Ltd. operates as a pension fund administrator, while Stanbic IBTC Asset Management Ltd. specializes in asset management.

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Here's a list of the group's companies mentioned in the article:

I've seen firsthand how having a diverse range of companies under one group can be beneficial, as it allows for shared resources and expertise.

Stanbic IBTC Holdings' financial performance is closely tied to its stock market presence. The company's stock is listed on the stock market under the symbol STANBIC Stock.

Stanbic IBTC Holdings is a company that operates in the equities sector. This classification helps us understand its primary focus area.

The company's financial performance is a key aspect of its overall success. It is essential to analyze its income statement and estimates to understand its financial health.

Here are the key components of Stanbic IBTC Holdings' income statement and estimates:

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Stanbic IBTC Holdings has several competitors in the Nigerian financial sector. These competitors are also listed on the Nigerian Stock Exchange.

The company's headquarters is located in Victoria Island, Nigeria, which is also the location of its main competitors. Stanbic IBTC Holdings has a smaller workforce compared to some of its competitors, with 3,211 employees.

The company is a public entity, just like its competitors. Here are some key statistics about Stanbic IBTC Holdings' competitors:

Stanbic IBTC Holdings' competitors are also performing well in the market, with some of them having a higher market capitalization than the company. For example, Access Holdings Plc has a market capitalization of 1.48 trillion naira, while Stanbic IBTC Holdings has a smaller market capitalization.

The executive team at Stanbic IBTC Holdings is led by Yinka Sanni, the Chief Executive Officer, who has been at the helm since 2019.

He brings a wealth of experience to the role, having previously worked as the Chief Executive of Stanbic IBTC Bank.

The executive team is responsible for making key strategic decisions that shape the direction of the company.

The Board of Directors of Stanbic IBTC Holdings PLC is a group of experienced and skilled individuals responsible for overseeing the company's operations and making strategic decisions.

The composition of the Board of Directors is diverse, with members having varying levels of experience and expertise.

Here is a list of the current Board of Directors:

Sola David-Borha is the oldest member of the Board of Directors, having joined the company in 1993.

The Executive Committee at Stanbic IBTC Holdings PLC is responsible for making key strategic decisions for the company. Adekunle Adedeji serves as the CEO, having taken on the role on October 31, 2024.

Adekunle Adedeji is the Chief Executive Officer of Stanbic IBTC Holdings PLC. He has been in this position since October 31, 2024.

Okechukwu Iroegbu is the Chief Tech/Sci/R&D Officer, but we don't know his age or how long he's been in this role.

Bridget Oyefeso-Odusami is the Sales & Marketing Officer and has been in this position since December 31, 2018.

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Shareholder Returns are a crucial aspect of any company's performance. STANBIC has delivered impressive returns to its shareholders.

Over the past 7 days, STANBIC's shareholder returns were 0%, which is a relatively flat performance. In contrast, the NG Diversified Financial industry saw a return of -1.6% over the same period.

However, when looking at the 1-year returns, STANBIC's performance is much more impressive, with a return of 16.9%. This is significantly higher than the NG Diversified Financial industry, which returned 4.4% over the past year.

Here's a summary of the returns for STANBIC and the NG Market:

STANBIC's strong performance has allowed it to exceed the NG Market, which returned 5.7% over the past year.

Stanbic IBTC Holdings offers a range of products and services to cater to different needs. Their product offerings include accounts and deposits, current accounts, and savings accounts.

One of the notable products is Stanbic IBTC, which provides payment and collection services. This is a convenient option for individuals and businesses alike.

Their investment solutions are designed to help customers grow their wealth. This can be a great option for those looking to invest their money.

Risk solutions are also available to help customers manage risk and protect their assets. This can be a valuable service for those who want to minimize potential losses.

Here are some of the products and services offered by Stanbic IBTC Holdings:

Stanbic IBTC Holdings has seen significant price fluctuations over the years, with a 52 Week High of ₦71.45 and a 52 Week Low of ₦45.00.

The company's current share price is ₦64.00, which is a -0.54% change from the previous month. Over the past year, the share price has increased by 16.90%.

Here's a summary of the share price changes over different time periods:

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Understanding a company's ICT spend and tech priorities is crucial for making informed business decisions. IT Client Prospector provides intelligence on Stanbic IBTC Holdings Plc’s likely spend across technology areas.

This enables you to understand the digital strategy of the company.

Stanbic IBTC Holdings Plc's ICT spend can be broken down into various areas, including hardware, software, and services.

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The current share price of Stanbic IBTC Holdings (STANBIC) is NGN 63.00, a 0.8% drop from its previous closing price of 63.50 NGN.

Stanbic IBTC began the year with a share price of 57.60 NGN and has since gained 9.37% on that price valuation.

Over the past 52 weeks, the highest share price was NGN 71.45 and the lowest was NGN 45.00.

The 52-week high of NGN 71.45 is a significant milestone, showing the stock's potential for growth.

In the past 1 month, the share price has dropped by -0.54%, while in the past 3 months, it has increased by 18.52%.

Over the past year, the share price has increased by 16.90%, and over the past 3 years, it has risen by 82.86%.

The share price has shown remarkable growth since the company's IPO, increasing by 1,593.12%.

Here's a summary of the share price changes: