First Atlantic Bank (FAB) Stock Overview

A commercial bank, provides retail, corporate, and institutional banking services in Ghana. More details

FAB fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	4/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (5.7x) is below the GH market (14.3x)

Earnings grew by 39.4% over the past year

Risk Analysis

Shares are highly illiquid

FAB Community Fair Values

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First Atlantic Bank PLC Competitors

Price History & Performance

Summary of share price highs, lows and changes for First Atlantic Bank
Historical stock prices
Current Share Price	GH₵7.97
52 Week High	GH₵0
52 Week Low	GH₵0
Beta	0
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	3.51%

Recent updates

Shareholder Returns

	FAB	GH Banks	GH Market
7D	0%	-1.4%	-1.2%
1Y	n/a	149.0%	128.5%

Return vs Industry: Insufficient data to determine how FAB performed against the GH Banks industry.

Return vs Market: Insufficient data to determine how FAB performed against the GH Market.

Price Volatility

Is FAB's price volatile compared to industry and market?
FAB volatility
FAB Average Weekly Movement	n/a
Banks Industry Average Movement	6.7%
Market Average Movement	5.6%
10% most volatile stocks in GH Market	9.3%
10% least volatile stocks in GH Market	2.4%

Stable Share Price: FAB's share price has been volatile over the past 3 months compared to the GH market.

Volatility Over Time: Insufficient data to determine FAB's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1995	n/a	Odun Odunfa	www.firstatlanticbank.com.gh

First Atlantic Bank PLC, a commercial bank, provides retail, corporate, and institutional banking services in Ghana. Its personal banking products and services include current accounts, savings accounts, and remittance services; personal loans, and controller and accountant general’s department deductible loans. The company’s business banking products and services include corporate current accounts, flex business accounts, and business savings accounts; electronic banking services; term loans, vehicle financing services, and cash-backed facility services; and bid bonds, invoice discounting facility services.

First Atlantic Bank PLC Fundamentals Summary

How do First Atlantic Bank's earnings and revenue compare to its market cap?
FAB fundamental statistics
Market cap	GH₵2.83b
Earnings (TTM)	GH₵498.39m
Revenue (TTM)	GH₵1.28b

5.7x

P/E Ratio

1.2x

P/B Ratio

Is FAB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FAB income statement (TTM)
Revenue	GH₵1.28b
Cost of Revenue	GH₵4.71m
Gross Profit	GH₵1.27b
Other Expenses	GH₵775.55m
Earnings	GH₵498.39m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	1.40
Gross Margin	99.63%
Net Profit Margin	38.98%
Debt/Equity Ratio	0%

How did FAB perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

20%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/12 04:11
End of Day Share Price	2026/06/04 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Atlantic Bank PLC is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

First Atlantic Bank PLCGHSE:FAB Stock Report