Sign in
Company Intelligence Terminal · Financial Services · Tier-1 Banks

FBNH · FBN Holdings Plc

FBN Holdings Plc

FBNH
NGXEquity · Ordinary SharesFinancial ServicesTier-1 Banks
28.70NGN+0.35%
Market cap ₦1.03T · as of 17 Jun 2026, 08:54
Ask about FBNH
Current price
28.70NGN
Open
28.47
Previous close
28.60
Today's range
28.17 – 28.93
52-week high
29.93
52-week low
26.00
Deals
1,216
Volume
6.2M
Value traded
₦176.5M
Market cap
₦1.03T
YTD performance
+0.35%

Company profile

FBN Holdings Plc is a leading financial & services operator in Nigeria, with operations spanning multiple states and a track record across investment cycles.

CEO
Nnamdi Okonkwo
HQ
Lagos
Founded
1894
Employees
8,900
Sector
Financial Services
Sub-sector
Tier-1 Banks
Ticker
FBNH
Website
fbnh.ng
Beta
0.97
AI-generated summary

FBN Holdings Plc (FBNH) operates in Nigeria's financial & services value chain with an estimated FY2024 revenue of ₦834bn and PAT of ₦75bn. Headline ROE is 7.5% and leverage sits at 0.50x debt-to-equity, mapping to a composite risk score of 28/100 (Low).

Bull case
  • Scale leadership within its financial & services sub-sector with durable distribution moat.
  • Resilient ROE supports re-rating if rates ease in H2.
  • Attractive dividend yield versus listed peers.
Bear case
  • FX volatility could compress imported-input margins.
  • Working-capital build-up in a 27.5% MPR environment.
  • Sector regulatory cadence could front-load compliance cost.

Key risks

  • Macro: persistent inflation > 25% pressuring real demand.
  • Sector-specific regulatory action and tariff resets.
  • Single-market concentration in Nigeria.

Recent developments

  • Board recommended final dividend at last AGM cycle.
  • Operational expansion announced in Lagos corridor.
  • Engagement with CBN on FX repatriation framework noted in latest filing.

Recent news

  • positiveProshare Markets· 09 Jun
    FBN Holdings Plc signs MoU with CBN on FX repatriation framework
  • neutralNGX Wire· 07 Jun
    FBNH crosses key technical level on rising volume
  • negativeProshare Research· 04 Jun
    Analysts trim FBNH FY26 EPS estimate by 4% on margin pressure
  • positiveBusinessDay· 01 Jun
    FBN Holdings Plc expands Lagos operations with NGN 20.6bn capex