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Nigerian (NSE) Diversified Banks Industry Analysis
UpdatedJul 22, 2025
DataAggregated Company Financials
Companies13
- 7D2.4%
- 3M37.4%
- 1Y77.5%
- YTDn/a
Over the last 7 days, the Diversified Banks industry has risen 4.1%, driven by gains from First HoldCo of 14%. This takes the industry's 12 month performance to a gain of 79%. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the Nigerian Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 22 Jul 2025 | ₦13.2t | ₦14.4t | ₦5.1t | 3.1x | 2.6x | 0.9x |
| Thu, 19 Jun 2025 | ₦10.1t | ₦14.4t | ₦5.1t | 2.4x | 2x | 0.7x |
| Sat, 17 May 2025 | ₦9.9t | ₦14.5t | ₦5.1t | 2.3x | 1.9x | 0.7x |
| Mon, 14 Apr 2025 | ₦9.4t | ₦14.2t | ₦5.4t | 2.4x | 1.8x | 0.7x |
| Wed, 12 Mar 2025 | ₦9.0t | ₦13.9t | ₦5.5t | 2.1x | 1.7x | 0.6x |
| Fri, 07 Feb 2025 | ₦9.3t | ₦13.9t | ₦5.5t | 2.3x | 1.7x | 0.7x |
| Sun, 05 Jan 2025 | ₦7.6t | ₦13.7t | ₦5.3t | 1.7x | 1.4x | 0.6x |
| Tue, 03 Dec 2024 | ₦7.1t | ₦13.9t | ₦5.4t | 1.6x | 1.3x | 0.5x |
| Thu, 31 Oct 2024 | ₦6.7t | ₦13.0t | ₦4.9t | 1.8x | 1.4x | 0.5x |
| Sat, 28 Sep 2024 | ₦6.4t | ₦12.3t | ₦4.8t | 1.8x | 1.3x | 0.5x |
| Mon, 26 Aug 2024 | ₦5.7t | ₦11.3t | ₦4.4t | 1.4x | 1.3x | 0.5x |
| Wed, 24 Jul 2024 | ₦5.7t | ₦11.0t | ₦4.4t | 1.5x | 1.3x | 0.5x |
| Fri, 21 Jun 2024 | ₦5.6t | ₦11.0t | ₦4.4t | 1.5x | 1.3x | 0.5x |
| Sun, 19 May 2024 | ₦5.3t | ₦10.5t | ₦4.2t | 1.4x | 1.3x | 0.5x |
| Tue, 16 Apr 2024 | ₦5.8t | ₦8.6t | ₦3.3t | 1.8x | 1.7x | 0.7x |
| Thu, 14 Mar 2024 | ₦6.3t | ₦8.2t | ₦2.7t | 2.9x | 2.3x | 0.8x |
| Sat, 10 Feb 2024 | ₦6.1t | ₦7.9t | ₦2.7t | 3x | 2.3x | 0.8x |
| Mon, 08 Jan 2024 | ₦6.8t | ₦6.9t | ₦2.5t | 3.4x | 2.8x | 1x |
| Wed, 06 Dec 2023 | ₦5.5t | ₦6.7t | ₦2.4t | 2.6x | 2.3x | 0.8x |
| Fri, 03 Nov 2023 | ₦4.9t | ₦6.7t | ₦2.4t | 2.3x | 2x | 0.7x |
| Sun, 01 Oct 2023 | ₦4.6t | ₦6.1t | ₦2.2t | 2.6x | 2.1x | 0.7x |
| Tue, 29 Aug 2023 | ₦4.5t | ₦5.3t | ₦1.4t | 4.3x | 3.3x | 0.9x |
| Thu, 27 Jul 2023 | ₦5.0t | ₦5.1t | ₦1.3t | 4.6x | 3.8x | 1x |
| Sat, 24 Jun 2023 | ₦4.2t | ₦5.0t | ₦1.2t | 4x | 3.5x | 0.8x |
| Mon, 22 May 2023 | ₦3.3t | ₦4.4t | ₦1.1t | 3.1x | 2.9x | 0.7x |
| Wed, 19 Apr 2023 | ₦3.0t | ₦4.3t | ₦1.2t | 2.7x | 2.4x | 0.7x |
| Fri, 17 Mar 2023 | ₦3.0t | ₦4.2t | ₦1.2t | 2.8x | 2.6x | 0.7x |
| Sun, 12 Feb 2023 | ₦3.2t | ₦4.2t | ₦1.2t | 2.9x | 2.7x | 0.8x |
| Tue, 10 Jan 2023 | ₦3.0t | ₦4.1t | ₦1.2t | 2.7x | 2.6x | 0.7x |
| Thu, 08 Dec 2022 | ₦2.8t | ₦4.1t | ₦1.2t | 2.4x | 2.4x | 0.7x |
| Sat, 05 Nov 2022 | ₦2.6t | ₦4.1t | ₦1.2t | 2.4x | 2.2x | 0.6x |
| Mon, 03 Oct 2022 | ₦2.8t | ₦3.9t | ₦1.1t | 2.6x | 2.5x | 0.7x |
| Wed, 31 Aug 2022 | ₦2.9t | ₦3.8t | ₦1.1t | 2.6x | 2.6x | 0.8x |
| Fri, 29 Jul 2022 | ₦2.9t | ₦3.7t | ₦1.1t | 2.5x | 2.6x | 0.8x |
Price to Earnings Ratio
2.6x
Current Industry PE
- Investors are optimistic on the Nigerian Diversified Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 2.6x which is higher than its 3-year average PE of 2.2x.
- The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 67% per year over the last three years.
- Revenues for these companies have grown 57% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Nigerian Diversified Banks compare with similar industries?
| NG Market | 5.03% | |
| Financials | 2.54% | |
| Banks | 2.38% | |
| Diversified Banks | 2.39% | |
| Regional Banks | 0% | 0 |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ACCESSCORP Access Holdings | ₦27.40 | 10.0% +₦130.5b | 41.6% | PB0.4x | |
| FIRSTHOLDCO First HoldCo | ₦32.00 | 9.2% +₦113.1b | 46.5% | PB0.5x | |
| WEMABANK Wema Bank | ₦17.95 | 10.8% +₦37.5b | 191.9% | PB1.3x | |
| FIDELITYBK Fidelity Bank | ₦21.70 | 3.3% +₦35.1b | 100.9% | PB1.2x | |
| UBA United Bank for Africa | ₦46.70 | 1.5% +₦28.7b | 105.7% | PB0.5x |