FBN Holdings Plc

NGSE:FBNH Stock Report

Market Cap: ₦1.0t

FBN Holdings Past Earnings Performance

Past criteria checks 5/6

FBN Holdings has been growing earnings at an average annual rate of 46.6%, while the Banks industry saw earnings growing at 46.3% annually. Revenues have been growing at an average rate of 30.9% per year. FBN Holdings's return on equity is 23.2%, and it has net margins of 37.4%.

Key information

46.6%

Earnings growth rate

46.6%

EPS growth rate

Banks Industry Growth30.4%
Revenue growth rate30.9%
Return on equity23.2%
Net Margin37.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How FBN Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NGSE:FBNH Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,594,454596,637385,6260
30 Jun 241,346,363480,919331,3990
31 Mar 241,202,029462,242270,4290
31 Dec 23922,118308,315240,9030
30 Sep 23776,770276,733192,8330
30 Jun 23713,252263,866168,6710
31 Mar 23567,939151,217167,6530
31 Dec 22531,672134,541150,4910
30 Sep 22588,203199,759165,8360
30 Jun 22554,959167,896164,3180
31 Mar 22537,631166,220160,2990
31 Dec 21501,102149,777159,2550
30 Sep 21385,43260,842140,5800
30 Jun 21392,96876,908131,5880
31 Mar 21367,66967,375127,4460
31 Dec 20375,72273,848126,9470
30 Sep 20379,65870,398127,5370
30 Jun 20372,93369,581127,1630
31 Mar 20382,50570,401128,4310
31 Dec 19366,38162,297130,4090
30 Sep 19349,07859,185121,6070
30 Jun 19342,97352,601123,2900
31 Mar 19335,20657,386119,8700
31 Dec 18325,11557,769113,4470
30 Sep 18298,18547,785112,1220
30 Jun 18296,22252,411108,9890
31 Mar 18289,54347,474104,5140
31 Dec 17290,37249,102103,7090
30 Sep 17252,84622,044101,0040
30 Jun 17242,65812,908101,1320
31 Mar 17243,44614,473102,4850
31 Dec 16241,18019,020101,6460
30 Sep 16228,7768,222100,1980
30 Jun 16218,99211,53492,2170
31 Mar 16228,91313,90396,4090
31 Dec 15240,33215,79799,9170
30 Sep 15321,58178,494103,4710
30 Jun 15347,80986,701115,2240
31 Mar 15336,04485,179108,5810
31 Dec 14328,08784,231103,9770
30 Sep 14301,73666,75756,5680
30 Jun 14282,15261,62866,4050
31 Mar 14274,80167,13386,1930
31 Dec 13275,63070,13584,4610

Quality Earnings: FBNH has high quality earnings.

Growing Profit Margin: FBNH's current net profit margins (37.4%) are higher than last year (35.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: FBNH's earnings have grown significantly by 46.6% per year over the past 5 years.

Accelerating Growth: FBNH's earnings growth over the past year (115.6%) exceeds its 5-year average (46.6% per year).

Earnings vs Industry: FBNH earnings growth over the past year (115.6%) did not outperform the Banks industry 120.2%.

Return on Equity

High ROE: FBNH's Return on Equity (23.2%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 23:18
End of Day Share Price 2024/12/24 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

FBN Holdings Plc is covered by 15 analysts. 2 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 nullARM Research
Jaap MeijerArqaam Capital Research Offshore S.A.L.
Yori OlutimayinBGL Research