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First HoldCo Plc Stock Price

NGSE:FIRSTHOLDCO Community·₦3.0t Market Cap
  • 1 Narratives written by author
  • 13 Comments on narratives written by author
  • 51 Fair Values set on narratives written by author

FIRSTHOLDCO Share Price Performance

₦64.00
37.50 (141.51%)
₦64.00
37.50 (141.51%)
Price ₦64.00

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Snowflake Analysis

Adequate balance sheet with questionable track record.

2 Risks
1 Reward

First HoldCo Plc Key Details

₦1.7t

Revenue

₦60.9b

Cost of Revenue

₦1.6t

Gross Profit

₦1.4t

Other Expenses

₦241.4b

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
5.43
96.32%
14.59%
39.8%
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About FIRSTHOLDCO

Founded
1894
Employees
10909
CEO
Adebowale Oyedeji
WebsiteView website
first-holdco.com

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 the 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, investment banking and funds, and portfolio management services. In addition, it is involved in the venture capital and private equity business. Further, the company offers retail portfolios, such as credit cards, mortgages, term loans, and overdraft 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.

Recent FIRSTHOLDCO News & Updates

Narrative Update May 14

Reports Sharp Earnings Decline in FY 2025 Amid Elevated Impairments, Trading Losses, and Rising Operating Costs Despite Strong Balance Sheet

Executive Summary Analyst: Qudus Adebara (Research Analyst) First HoldCo Plc delivered a significantly weaker financial performance for the year ended December 31, 2025, as elevated impairment charges, trading losses, and higher operating expenses offset strong growth in interest income and balance sheet expansion. Gross earnings remained resilient, supported by a 25% YoY increase in interest income to ₦2.99 trillion, driven by growth in customer lending and investment securities yields.

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