Sunday, July 05, 2015

First Bank of Nigeria plc


Company Quote (Closing Prices)

Trade Date 03 July, 2015 Currency NGN (NIARA)
Last Trade 7.99 volume 14,360,190
Net Change -0.01 Value 114,295,800.00
% Change -0.13 Shares Outstanding 32,632,084,358
Open 8.00 Market Cap. 260,730,354,020.42
Today's High 8.00 Best Bid N/A
Today's Low 7.94 Best Ask/Offer N/A


Quote in Select Global Currencies

  Prev Close Open High Low Close Change(%) Value YTD Change(%) Market Cap.
(Millions)

Share Trading History (Previous 10 trading days)

Date Open High Low Close Chg % Chg Vol Value Deals
02 July, 2015 7.62 8.00 7.62 8.00 +0.20 +2.56 10,164,030 79,071,040.00 N/A
01 July, 2015 7.80 7.90 7.80 7.80 -0.14 -1.76 16,834,130 132,191,700.00 N/A
30 June, 2015 8.00 8.00 7.94 7.94 -0.03 -0.38 8,555,778 68,324,320.00 N/A
29 June, 2015 7.98 7.98 7.91 7.97 +0.01 +0.13 29,941,480 238,584,000.00 N/A
26 June, 2015 7.95 7.99 7.95 7.96 -0.02 -0.25 11,212,890 89,329,440.00 N/A
25 June, 2015 8.00 8.00 7.95 7.98 -0.03 -0.37 25,268,470 201,755,700.00 N/A
24 June, 2015 8.39 8.18 8.00 8.01 -0.14 -1.72 31,842,570 257,131,500.00 N/A
23 June, 2015 8.40 8.41 8.15 8.15 -0.06 -0.73 12,789,980 105,157,000.00 N/A
22 June, 2015 8.50 8.50 8.10 8.21 -0.20 -2.38 11,309,890 93,506,550.00 N/A
19 June, 2015 8.88 8.88 8.40 8.41 -0.42 -4.76 12,679,460 109,821,900.00 N/A


Key Annual Results for First Bank of Nigeria plc


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Company Details

Name First Bank of Nigeria plc
Other Name(s) FBN Holdings Plc
FBN Holdings Plc
Previous Name(s) First Bank of Nigeria plc
Number of Employees 8,757
Nature of Business FBN Holdings Plc is one of the Nigeria's oldest financial institutions founded in 1894 as Bank of British WestAfrica and listed on the Nigeria Stock Exchange in 1971. The bank currently has the largest network in the country and also offers offshore financial services through it's London branch. The banks assets are in the excess of N100billion.

Other Equity Listing by First Bank of Nigeria plc

Name Ticker Exch Ctry ISIN Crncy Price Chg % Chg Date

Major Shareholder (> 5% Holdings)

Name Country Shares % Holding Website

Significant Subsidiaries and Associates

Name Country % Holding Website
FBN Bank (UK) Limited United Kingdom 100.00% www.fbnbank.co.uk 
FBN Capital Limited Nigeria 100.00% www.fbncapital.com 
First Pension Custodian Nigeria Limited Nigeria 100.00% www.firstpensioncustodian.com 
First Trustees Nigeria Limited Nigeria 100.00% www.first-trustees.com 
FBN Mortgages Limited Nigeria 100.00% www.fbnmortgages.com 
FBN Insurance Brokers Limited Nigeria 100.00%  
First Registrars Nigeria Limited Nigeria 100.00% www.firstregistrarsnigeria.com 
FBN Bureau de Change Limited Nigeria 100.00%  
FBN Microfinance Bank Limited Nigeria 100.00%  
First Funds Limited Nigeria 100.00% www.firstfunds.com.ng 
FBN Securities Nigeria 100.00% www.fbnsecuritiesltd.com 

Select First Bank of Nigeria plc Peer Annual Results Distribution


Select First Bank of Nigeria plc Peer EPS vs. DPS Distribution


Select First Bank of Nigeria plc Peer EPS vs. PE Distribution


Key Numbers
Fiscal Year End31st March
2014 Sales in millions (1 Year Sales Growth) -- (--)
2014 Net Income in millions (1 Year Net Income Growth) -- (--)

Annual Income Summary (in millions except EPS and DPS data)
  -- -- Dec 31, 2012 Dec 31, 2011
Sales -- -- 297,765.00 221,445.00
Gross Profit -- -- 297,765.00 221,445.00
Pre-Tax Income -- -- 92,701.00 35,863.00
Net Income -- -- 75,670.00 18,636.00
Average Shares -- -- 32,632.08 32,632.08
EPS -- -- 2.33 0.60
DPS -- -- -- 0.80

Quarterly Income Summary (in millions except EPS and DPS data)
  Mar 31, 2010 -- -- Jun 30, 2009
Sales 40,133.00 -- -- 39,533.00
Gross Profit 40,133.00 -- -- 39,533.00
Pre-Tax Income 15,420.00 -- -- 13,654.00
Net Income 12,336.00 -- -- 13,654.00
Average Shares 29,006.30 -- -- --
EPS 0.43 -- -- --
DPS -- -- -- --

Annual Balance Sheet Summary (in millions)
-- -- Dec 31, 2012 Dec 31, 2011
Cash & Equivalents -- -- -- --
Total Current Assets -- -- -- --
Long Term Debt -- -- -- --
Total Liabilities -- -- -- --
Share Holder Equity -- -- -- --

Annual Cash Flow Summary (in millions)
-- -- Dec 31, 2012 Dec 31, 2011
Net Cash from Operations -- -- 22,211.00 103,213.00
Net Cash from Investing -- -- -36,003.00 -10,670.00
Net Cash from Financing -- -- -53,452.00 -33,940.00
Net Increase/Decrease in Cash -- -- -67,244.00 58,603.00

Latest Company News

FirstBank Reports 144% Rise In Profit Before Tax

First Bank of Nigeria plc - 14 April, 2011

First Bank of Nigeria Plc (Bloomberg: FIRSTBAN NL/Reuters: FBNP.LG) (“FirstBank” or the “Group) announces its audited results for the twelve-month ended 31 December 2010.

FirstBank Launches Nigeria’s First Biometric ATM

First Bank of Nigeria plc - 11 Feb, 2011

Nigeria’s foremost financial institution, First Bank of Nigeria Plc (FirstBank) has, again blazed the trail in technology-driven banking by introducing bio-metric Automated Teller Machine (ATM), the first in Nigeria’s banking sector. With the introduction of this technology, globally acclaimed as one of the most secure forms of customer identification, the Bank has again demonstrated its preparedness to protect the data resources of its customers. The solution is leveraging on the Customer Identification System (CIS) platform being developed by information technology team of the Bank.

Latest Company Press Releases

FirstBank Emerges MoneyGram Best Receiving Agent for 2010

First Bank of Nigeria plc - 27 April, 2011

The leadership of First Bank of Nigeria Plc (FirstBank) in the nation’s financial services industry was further confirmed on April 8, 2011 in Cape Town, South Africa as it emerged the winner of the 2010 MoneyGram Best African Receiving Agent at the just concluded MoneyGram Agent’s Conference. This is coming barely a year after the Bank joined MoneyGram as one of its receiving agents.

FirstBank Supports Student Economic Forum

First Bank of Nigeria plc - 06 April, 2011

Nigeria’s foremost lender, First Bank of Nigeria Plc (FirstBank) has thrown its support for the Nigeria Student Economic Forum billed for the Benson Idahosa University, Benin City, Edo State, from April 4 – 7, 2011.

FirstBank Appoints Oyebola as Head Asset Management

First Bank of Nigeria plc - 22 Feb, 2011

First Bank of Nigeria Plc (FirstBank) has announced the appointment of Michael Oyebola as Senior Vice President & Head, Asset Management of its investment banking and asset management business (IBAM). Mr. Oyebola has a wealth of experience spanning 18 years both locally and abroad, and he is expected to lead the asset management business of the company.

FirstBank Makes Board Changes -

First Bank of Nigeria plc - 02 Jan, 2011

The Chairman, Board of Directors of First Bank of Nigeria Plc., Dr. Ayoola Oba Otudeko has announced his intention to retire from the Board of the Bank with effect from Friday, December 31 2010 after a meritorious service spanning 12 years. At a board meeting, which held on Wednesday, this week, Dr. Oba Otudeko premised his decision on his long-standing commitment to best-of-breed corporate governance practice, especially the need for continuity in the Bank’s strategic leadership and the requirement for constant renewal of the Bank’s Board of Directors. Dr.

FIRSTBANK BIG OFFER OPENS

First Bank of Nigeria plc - 14 May, 2007  [1 Comments]

The widely expected First Bank of Nigeria Plc N100 billion Rights Issue and Public Offer of ordinary shares, the biggest offer in the history of Nigeria’s capital market, opens on Monday, May 14, 2007 and closes on Thursday, June 21, 2007.

Company Market Announcements

Company Research Reports

Regional Industry News Headlines

Cote dIvoire Fitch assigns BOAD a "BBB" rating with stable outlook

African Press Organization - APO - 15 June, 2015

Cote dIvoire Africa Islamic Finance Forum will be held in Abidjan on the 17th " 18th September 2015

African Press Organization - APO - 10 June, 2015

Democratic Republic of Congo DR Congo in a landmark decision, becomes the first African country to give bank's capital relief

African Press Organization - APO - 09 June, 2015

Cote dIvoire The Investment Climate Facility for Africa and AfDB Strengthen Partnership

African Press Organization - APO - 08 June, 2015

Cote dIvoire African Development Bank Presidential Election: Statement by Cristina Duarte, Minister of Finance and Planning, Republic of Cabo Verde

African Press Organization - APO - 29 May, 2015

Ghana Ecobank chooses APO for Press Release Distribution in Africa

African Press Organization - APO - 28 May, 2015

Cote dIvoire New IFC and Ecobank Facility to Finance SMEs financing in Fragile and Conflict-Affected States in West and Central Africa

African Press Organization - APO - 26 May, 2015

Cote dIvoire Africa Day: Ideas For Africa - By Cristina Duarte, Candidate for President of the African Development Bank (AfDB)

African Press Organization - APO - 25 May, 2015

Cameroon UBA Cameroon Wins "Prepaid Innovative Product of the Year" Award for its Innovative "Cobranded Student ID Visa Prepaid"

African Press Organization - APO - 14 April, 2015

Cote dIvoire Orange and Ecobank launch money transfer service between Orange Money accounts and bank accounts in Africa

African Press Organization - APO - 05 Feb, 2015

Industry Peers
Annual Income Summary (in millions except EPS and DPS data)
Company Country Exchange Ticker Currency Price Chg % Chg Date
Ghana Commercial Bank Limited Ghana GSE GCB GHC 4.84 -0.05 -1.02% 03 July
Societe Generale - Social Security Bank Limited Ghana GSE SG-SSB GHC 0.91 +0.00 +0.00% 03 July
Standard Chartered Bank Ghana Limited Ghana GSE SCB GHC 19.52 +0.00 +0.00% 03 July
African Continental Bank International plc Nigeria NSE ACBINTBANK NGN        
African Express Bank plc Nigeria NSE AFEXBANK NGN        
ASO Savings & Loans plc Nigeria NSE ASOSAVINGS NGN 0.50 +0.00 +0.00% 03 July
Associated Construction Development Bank (ACDB) Nigeria NSE ACDB NGN        
Cooperative Development Bank plc Nigeria NSE COOPDEV NGN        
Diamond Bank plc Nigeria NSE DIAMONDBNK NGN 4.10 -0.09 -2.15% 03 July
EcoBank Transnational Incorporated Nigeria NSE ETI NGN 21.75 -0.25 -1.14% 03 July
Fidelity Bank plc Nigeria NSE FIDELITYBK NGN 1.65 -0.01 -0.60% 03 July
First Inland Bank plc Nigeria NSE FIRSTINLND NGN 0.50 +0.00 +0.00% 03 July
Guardian Express Bank plc Nigeria NSE GUARDIANXP NGN        
Intercontinental Bank plc Nigeria NSE INTERCONT NGN 0.70 +0.00 +0.00% 03 July
PlatinumHabib Bank plc Nigeria NSE PLATINUM NGN 0.57 +0.00 +0.00% 03 July
Regent Bank plc Nigeria NSE REGBANK NGN        
Resort Savings and Loans Limited Nigeria NSE RESORT NGN 0.50 +0.00 +0.00% 03 July
Skye Bank plc Nigeria NSE SKYEBANK NGN 2.28 -0.01 -0.44% 03 July
Spring Bank plc Nigeria NSE SPRINGBANK NGN 0.84 +0.00 +0.00% 03 July
Stanbic IBTC Bank Plc Nigeria NSE IBTC NGN 24.98 -0.02 -0.08% 03 July
Sterling Bank plc Nigeria NSE STERLNBANK NGN 2.01 -0.04 -1.95% 03 July
Union Bank of Nigeria plc Nigeria NSE UBN NGN 9.35 +0.04 +0.43% 03 July
Union Homes Savings and Loans plc Nigeria NSE UNHOMES NGN 5.78 +0.00 +0.00% 03 July
Unity Bank plc Nigeria NSE UNITYBNK NGN 2.46 +0.00 +0.00% 03 July
First Bank of Nigeria plc Peer Group Traded Volumes
First Bank of Nigeria plc Peer Group Traded Values
First Bank of Nigeria plc Peer Group Annual Results Distribution
First Bank of Nigeria plc Peer Group EPS vs DPS Distribution

Security Profile

Sector
Banks
Industry
Financials
Stock Exchange
The Nigeria Stock Exchange
Country
Nigeria
Security Name
First Bank of Nigeria plc
Security Information
Security Type Ordinary 
Ticker FBNH 
Reuters Code FBNP.LG 
ISIN NGFIRSTBANK7 
Year Listed 1979
 
View more details at AfricanInvestor
African Investor
Contact Details
Address
Samuel Asabia House 35 Marina 
P.O. Box 5216 
Lagos, Nigeria 
 
Phone
2663562 
 
Fax
2665933 
 
Email
fbn@firstbanknigeria.com 
 
Primary Website
www.firstbanknigeria.com 

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