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Wema Bank stock gains 340% in 6 months

However, investors should note that Jaiz Bank has a low dividend (N0.04 per share), which places the bank in 8th position on the Index’s dividend log and dividend yield of 4.26 per cent, ranking it 5th on the NGX Banking.

Jaiz Bank was set up in 2004 to establish Nigeria’s first full-fledged non-interest bank.  In November 2011, it obtained a regional operating license, which allows the bank to operate geographically in a 3rd of the country as a non-interest bank.  It began operation in January 2012 with 3 branches located in Abuja FCT, Kaduna and Kano, but recently obtained an approval from CBN to operate in all parts of the country.

Fidelity Bank closed its last trading day, June 20, 2022, at N3.35 per share on the NGX.  The Bank began the year with a share price of N2.55 and has since gained 31.37% on that price valuation, ranking it 22nd on the NGX and 3rd on the NGX Banking Index in terms of year-to-date performance.  The stock has accrued 47.58 per cent over the past one-year period, the 3rd best on the NGX Banking Index.

Currently, Fidelity Bank is the 6th and 25th most valuable stock on the NGX Banking and NGX respectively with a market capitalization of N97.1 billion, which is about 5.26 per cent and 0.355% of the NGX Banking and NGX equity market respectively.

Fidelity Bank is the 3rd most traded stock on the NGX over the past three months (March 17 – June 20 2022).  The stock has traded a total volume of 1.28 billion shares in 10,278 deals, valued at N4.42 billion over the period, with an average of 20.3 million traded per session.

Fidelity Bank’s last declared dividend of N0.30, places the Bank in 2nd position on the NGX Banking Index stocks in terms of dividend for 2021 financial year but 1st in terms of dividend yield (10.45%) ahead of other 9 banks.

Fidelity Bank Plc operates in the financial sector, specifically, the banking industry.  The bank was incorporated in 1987 as a private limited company with a Merchant banking license.  The bank converted to a commercial bank in 1999, became a public limited company in August 1999 and secured a Universal Banking license in February 2001.

ETI has been listed on the NGX since September 11th 2006 and is currently the 18th and 4th most valuable stock on the NGX and NGX banking respectively with a market capitalization of N185 billion, which makes about 10.06 percent and 0.677 of the NGX Banking and NGX equity market capitalization respectively.

ETI current share price is N10.10.  The Bank closed its last trading day on June 20, 2022, at N10.10.  It began the year with a share price of N8.70 and has since gained 16.09% on that price valuation, ranking it 4th on the NGX Banking and 41st on the NGX market in terms of year-to-date performance. Fidelity Bank shareholders can be optimistic about Fidelity knowing that the stock has gained 94.23% over the past 1-yr period, ranking it 2nd on the NGX Banking.

ETI is the 11th most traded stock on the NGX over the past three months.  It has traded a total volume of 458 million shares in 3,373 deals valued at N5.39 billion over the period, with an average of 7.28 million traded shares per session.

As at March 31, 2022, ETI has total assets of N11.265 trillion, a decrease of 2.55 per cent from its December 31, 2021 position of N11.560 trillion.  The bank has N8.193 trillion deposits and N4.784 trillion net loans, ranking it 1st on the NGX banking.

Sterling Bank Plc closed its last trading day (Monday, June 20, 2022) at N1.56 per share on the NGX.  The bank started the year with a share price of N1.51 and has since gained 3.31 per cent on that price valuation, ranking it 5th on NGX Banking and 57th on the NGX in terms of year-to-date performance.

The bank is currently the 7th and 35th most valuable on the NGX banking and NGX respectively with a market capitalization of N44.9 billion, which makes about 2.47% and 0.164 per cent of the NGX Banking and NGX equity market capitalization respectively.

Over the past three months, Sterling Bank has traded a total volume of 506 million shares in 4,247 deals valued at N765 million over the period, with an average of 8.03 million traded shares per session.

Access Holding closed its last trading day (Monday 20, 2022) at N9.40 per share on the NGX. It began the year with a share of N9.30 and has since gained 1.08% on that price valuation, ranking it 6th on the NGX banking and 60th on the NGX in terms of year-to-date performance.

However, the bank has a better performance in terms of 1-year return, gaining 9.94 per cent and ranking it 5th on the NGX banking.

Access Holding is the 8th most traded stock on the NGX over the past 3 months; having traded a total volume of 977 million shares in 13,574 deals valued at N9.63 billion over the period, with an average of 15.5 million traded shares per session.

The bank is currently the 2nd (Behind Zenith Bank Plc) and 13th most valuable stock on the NGX Banking and NGX respectively with market capitalization of N334.13 billion, which makes about 18.10% and 1.22% of the NGX banking and NGX equity market capitalization respectively.

Access Bank has been listed on the NGX since 1998. As at March 31, 2022, the bank’s total assets stood at N11.732 trillion, ranking it 1st on the NGX banking above ETI and Zenith Bank.

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