First HoldCo (FIRSTHOLDCO) Stock Overview
Provides commercial banking, investment banking, corporate banking, and other financial services in Nigeria and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 2/6 |
FIRSTHOLDCO Community Fair Values
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First HoldCo Plc Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₦64.65 |
| 52 Week High | ₦79.85 |
| 52 Week Low | ₦24.00 |
| Beta | 0.86 |
| 1 Month Change | 29.30% |
| 3 Month Change | 57.49% |
| 1 Year Change | 160.69% |
| 3 Year Change | 485.07% |
| 5 Year Change | 779.59% |
| Change since IPO | 13,677.83% |
Recent News & Updates
Recent updates
NOTIFICATION OF COMPLETION OF SALE OF FBNQUEST MERCHANT BANK LIMITED
Issuer: First HoldCo Plc Transaction Type: Divestment of Subsidiary Subject: Completion of Sale of 100% Ownership in FBNQuest Merchant Bank Limited Buyer: EverQuest Acquisition LLP Regulatory Approval: Central Bank of Nigeria (CBN) Transaction Update First HoldCo Plc has formally notified the Nigerian Exchange Limited (NGX) and the investing public of the successful completion of its full divestment from FBNQuest Merchant Bank Limited. This development follows the sale of 100% equity ownership in the merchant banking subsidiary to EverQuest Acquisition LLP , marking the conclusion of the transaction.First HoldCo Plc's performance for the half-year ended June 30, 2025 H1/Q2 Result
Recent valuationFirst HoldCo Plc's performance for the half-year ended June 30, 2025 H1/Q2 Result
First HoldCo Plc – Restructuring for Resilience Amid Capital and Governance Shifts Strategic Divestment and Ownership Realignment: Unwinding the SPV Structure First HoldCo’s plan to dispose of shares held via a Special Purpose Vehicle (SPV) marks a significant step in its broader capital restructuring and compliance drive , aimed at aligning with the Central Bank of Nigeria’s (CBN) revised capital requirements. The recent transfer of a 25% stake to RC Investment Management Ltd., an SPV tied to Renaissance Capital, is being positioned as temporary , with a stated intention to divest these shares on-market.Shareholder Returns
| FIRSTHOLDCO | NG Banks | NG Market | |
|---|---|---|---|
| 7D | -13.8% | -6.1% | 7.3% |
| 1Y | 160.7% | 97.2% | 144.2% |
Return vs Industry: FIRSTHOLDCO exceeded the NG Banks industry which returned 97.2% over the past year.
Return vs Market: FIRSTHOLDCO exceeded the NG Market which returned 144.2% over the past year.
Price Volatility
| FIRSTHOLDCO volatility | |
|---|---|
| FIRSTHOLDCO Average Weekly Movement | 9.1% |
| Banks Industry Average Movement | 7.9% |
| Market Average Movement | 8.0% |
| 10% most volatile stocks in NG Market | 10.7% |
| 10% least volatile stocks in NG Market | 5.4% |
Stable Share Price: FIRSTHOLDCO has not had significant price volatility in the past 3 months compared to the NG market.
Volatility Over Time: FIRSTHOLDCO's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1894 | 9,950 | Wale Oyedeji | 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 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.
First HoldCo Plc Fundamentals Summary
| FIRSTHOLDCO fundamental statistics | |
|---|---|
| Market cap | ₦2.87t |
| Earnings (TTM) | ₦45.82b |
| Revenue (TTM) | ₦1.50t |
Is FIRSTHOLDCO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FIRSTHOLDCO income statement (TTM) | |
|---|---|
| Revenue | ₦1.50t |
| Cost of Revenue | ₦151.16b |
| Gross Profit | ₦1.35t |
| Other Expenses | ₦1.30t |
| Earnings | ₦45.82b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.03 |
| Gross Margin | 89.92% |
| Net Profit Margin | 3.05% |
| Debt/Equity Ratio | 52.3% |
How did FIRSTHOLDCO perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/03 11:10 |
| End of Day Share Price | 2026/04/30 00:00 |
| Earnings | 2025/12/31 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 HoldCo Plc is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ARM Research |
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |
| John Storey | BofA Global Research |