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Zenith Bank NGSE:ZENITHBANK Stock Report

Last Price

₦45.85

Market Cap

₦1.4t

7D

4.2%

1Y

21.0%

Updated

22 Dec, 2024

Data

Company Financials +

ZENITHBANK Stock Overview

Provides banking and other financial services to corporate and individual customers in Nigeria, rest of Africa, and internationally. More details

ZENITHBANK fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends5/6

My Notes

Capture your thoughts, links and company narrative

Zenith Bank Plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zenith Bank
Historical stock prices
Current Share Price₦45.85
52 Week High₦47.35
52 Week Low₦29.70
Beta0.82
1 Month Change3.50%
3 Month Change22.27%
1 Year Change20.98%
3 Year Change87.91%
5 Year Change149.18%
Change since IPO568.71%

Recent News & Updates

Recent updates

Shareholder Returns

ZENITHBANKNG BanksNG Market
7D4.2%2.9%2.5%
1Y21.0%25.7%51.2%

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

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

Price Volatility

Is ZENITHBANK's price volatile compared to industry and market?
ZENITHBANK volatility
ZENITHBANK Average Weekly Movement3.1%
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: ZENITHBANK has not had significant price volatility in the past 3 months compared to the NG market.

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

About the Company

FoundedEmployeesCEOWebsite
19908,146Adaora Umeojiwww.zenithbank.com

Zenith Bank Plc provides banking and other financial services to corporate and individual customers in Nigeria, rest of Africa, and internationally. The company accepts current, savings, salary, domiciliary, and children’s accounts; fixed and call deposits, certificate of deposits, and short-term investment funds; sole proprietorship/enterprise and partnership accounts, and trust funds; clubs, societies, and associations accounts; and limited liability company, non-governmental organization, embassies and high commission, and church accounts. It also offers term loans and leasing services; overdrafts, receivable/invoice discounting, and LPO finance services; import and export finance facilities; MSME and scheme loans; education loans; and bonds and guarantees.

Zenith Bank Plc Fundamentals Summary

How do Zenith Bank's earnings and revenue compare to its market cap?
ZENITHBANK fundamental statistics
Market cap₦1.44t
Earnings (TTM)₦1.07t
Revenue (TTM)₦2.11t

1.3x

P/E Ratio

0.4x

P/B Ratio

Is ZENITHBANK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ZENITHBANK income statement (TTM)
Revenue₦2.11t
Cost of Revenue₦0
Gross Profit₦2.11t
Other Expenses₦1.04t
Earnings₦1.07t

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)34.06
Gross Margin100.00%
Net Profit Margin50.80%
Debt/Equity Ratio80.2%

How did ZENITHBANK perform over the long term?

See historical performance and comparison

Dividends

9.8%

Current Dividend Yield

13%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:00
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

Zenith Bank Plc is covered by 24 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy WambuAbsa Bank Limited
null nullARM Research
Jaap MeijerArqaam Capital Research Offshore S.A.L.