FBN Holdings has emerged as the best-performing tier-one bank stock on the Nigerian Exchange, with its share price rising by 17.65 percent in 2025.
The financial giant, which closed 2024 at N28.05 per share, surged to N33 as of February 7, boosting its market capitalization to N1.18 trillion.
Access Holdings followed closely with a 17.4 percent gain, rising from N23.85 to N28 per share. United Bank for Africa saw a 15.15 percent increase to N39, while Zenith Bank advanced by 14.29 percent to close at N52. Guaranty Trust Holding Company recorded a 12.29 percent growth, reaching N64, and Ecobank Transnational climbed by 11.8 percent to N31.
Investor confidence in FBN Holdings soared after its unaudited full-year 2024 results showcased remarkable growth. Profit before tax jumped 142 percent year-on-year to N862 billion, while gross earnings surged by 113 percent to N3.33 trillion.
Net interest margin improved significantly, rising from 6.11 percent in 2023 to 9.61 percent in 2024, driven by higher interest income and the Central Bank of Nigeria’s monetary policy adjustments. The group’s total assets expanded to N26.54 trillion, up from N16.94 trillion in 2023, with customer deposits surging by 62 percent to N17.29 trillion.
The 42 percent rise in loans and advances to customers reflects FBN Holdings’ commitment to supporting economic activities despite market volatility. The institution’s focus on risk management, digital banking expansion, and strategic governance continues to strengthen its competitive edge.
With Access Holdings, GTCO, United Bank for Africa, Ecobank Transnational, and Zenith Bank yet to release their full-year 2024 results, investors eagerly anticipate further insights into the banking sector’s overall performance.
