FIRSTHOLDCO Share Price Performance
₦33.50
5.60 (20.07%)
2.3% overvalued intrinsic discount
₦32.74
Fair Value
Price ₦33.50
Interstate_Securities_Research ₦32.74
Fair Value₦32.74
Share Price₦33.50
2.3% overvalued intrinsic discount
First HoldCo Plc Stock Price
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FIRSTHOLDCO Community Narratives
IN
Fair Value ₦32.74 2.3% overvalued intrinsic discount
First HoldCo Plc's performance for the half-year ended June 30, 2025 H1/Q2 Result
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First HoldCo
First HoldCo Plc's performance for the half-year ended June 30, 2025 H1/Q2 Result
Key Highlights (Group Level): Item H1 2025 (₦’million) H1 2024 (₦’million) Change Interest Income 1,437,409 947,694 +52% Interest Expense (532,582) (432,761) +23% Net Interest Income 904,827 514,933 +76% Impairment Charges (185,397) (92,986) +99% Net Interest After Impairment 719,430 421,947 +70% Net Fee & Commission Income 138,697 110,836 +25% FX Gains/(Loss) 73,543 (165,046) Reversed loss Net Gains FVTPL (53,668) 432,201 Downturn Operating Profit 355,976 411,965 -14% Profit Before Tax 356,149 411,990 -14% Profit After Tax (Cont.) 283,770 360,265 -21% Profit After Tax (Total) 289,772 365,300 -21% EPS (Naira) 10.05 6.84 +47% YoY EPS Q2 HoldCo (Standalone) Performance: H1 2025 profit rose 500% YoY from ₦1.43bn to ₦8.55bn. Interest income grew by 219% , from ₦2.55bn to ₦8.15bn.
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IN
₦32.74
2.3% overvalued intrinsic discount
Interstate_Securities_Research Fair Value
Revenue growth
N/A
Profit Margin
37.42%
Future PE
1.86x
Share price in 2028
₦0
Snowflake Analysis
First HoldCo Plc Key Details
Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
Oct 30, 2025
- 13.85
- 91.89%
- 32.56%
- 64.4%
About FIRSTHOLDCO
- Founded
- 1894
- Employees
- 9950
- CEO
- WebsiteView website
First HoldCo Plc, together with its subsidiaries, provides commercial banking, investment banking, corporate banking, and other financial services in Nigeria and internationally. The company operates through Commercial Banking Business Group; Investment Banking and Asset Management Business Group (IBAM); and Others segments. The Commercial Banking Business Group segment offers financial intermediation services to individual, and corporate clients/customers. The IBAM segment provides advisory, asset management, markets, and private equity services to corporations and governments; and merchant banking services. The Others segment offers insurance brokerage services. The company also provides funds management, investment and general trading, trusteeship, real estate investment, financial/ investment advisory, and portfolio management services. In addition, it is involved in the venture capital and private equity business. Further, the company offers retail portfolio, such as credit cards, mortgages, term loans, and overdrafts facilities. The company was formerly known as FBN Holdings Plc and changed its name to First HoldCo Plc in February 2025. First HoldCo Plc was founded in 1894 and is based in Lagos, Nigeria.