Company Intelligence Terminal · Financial Services · Tier-1 Banks
FBNH · FBN Holdings Plc
FBN Holdings Plc
FBNHNGXEquity · Ordinary SharesFinancial ServicesTier-1 Banks
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 JunFBN Holdings Plc signs MoU with CBN on FX repatriation framework
- neutralNGX Wire· 07 JunFBNH crosses key technical level on rising volume
- negativeProshare Research· 04 JunAnalysts trim FBNH FY26 EPS estimate by 4% on margin pressure
- positiveBusinessDay· 01 JunFBN Holdings Plc expands Lagos operations with NGN 20.6bn capex