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Ecobank Transnational NGSE:ETI Stock Report

Last Price

₦28.00

Market Cap

₦688.6b

7D

3.7%

1Y

34.0%

Updated

22 Dec, 2024

Data

Company Financials

Ecobank Transnational Incorporated

NGSE:ETI Stock Report

Market Cap: ₦688.6b

ETI Stock Overview

Provides retail, corporate, and investment banking services in Africa and internationally. More details

ETI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Ecobank Transnational Incorporated Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ecobank Transnational
Historical stock prices
Current Share Price₦28.00
52 Week High₦28.80
52 Week Low₦20.00
Beta0.37
1 Month Change9.80%
3 Month Change16.67%
1 Year Change33.97%
3 Year Change214.61%
5 Year Change340.94%
Change since IPO-83.38%

Recent News & Updates

Recent updates

Shareholder Returns

ETING BanksNG Market
7D3.7%2.9%2.5%
1Y34.0%25.7%51.2%

Return vs Industry: ETI exceeded the NG Banks industry which returned 25.7% over the past year.

Return vs Market: ETI underperformed the NG Market which returned 51.2% over the past year.

Price Volatility

Is ETI's price volatile compared to industry and market?
ETI volatility
ETI Average Weekly Movement2.9%
Banks Industry Average Movement5.5%
Market Average Movement6.1%
10% most volatile stocks in NG Market8.5%
10% least volatile stocks in NG Market3.1%

Stable Share Price: ETI has not had significant price volatility in the past 3 months compared to the NG market.

Volatility Over Time: ETI's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198514,654Jeremy Edward Aworiwww.ecobank.com

Ecobank Transnational Incorporated, together with its subsidiaries, provides retail, corporate, and investment banking services in Africa and internationally. The company operates through Corporate & Investment Bank, Commercial Banking, and Consumer segments. It offers current accounts, savings accounts, and term deposits; debit, credit, and prepaid cards; trade services and finance; and personal, auto/asset acquisition, mortgage, travel, and cash backed loans.

Ecobank Transnational Incorporated Fundamentals Summary

How do Ecobank Transnational's earnings and revenue compare to its market cap?
ETI fundamental statistics
Market cap₦688.59b
Earnings (TTM)₦457.62b
Revenue (TTM)₦2.73t

1.5x

P/E Ratio

0.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ETI income statement (TTM)
RevenueUS$1.77b
Cost of RevenueUS$20.83m
Gross ProfitUS$1.74b
Other ExpensesUS$1.45b
EarningsUS$295.74m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.012
Gross Margin98.82%
Net Profit Margin16.75%
Debt/Equity Ratio144.3%

How did ETI perform over the long term?

See historical performance and comparison

Dividends

6.1%

Current Dividend Yield

9%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:35
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

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 .

Analyst Sources

Ecobank Transnational Incorporated is covered by 8 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.

AnalystInstitution
null nullAfrican Alliance
Adewale OkunrinboyeARM Research
Jaap MeijerArqaam Capital Research Offshore S.A.L.