Abbey Mortgage Bank Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Mobolaji Adewumi

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.3yrs
CEO ownership	n/a
Management average tenure	no data
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO

Mobolaji Adewumi

4.3yrs

Tenure

Mr. Mobolaji Adewumi is MD and CEO of Abbey Mortgage Bank Plc and its Executive Director from 2020. He is Non-Executive Director of VFD Group plc. He was Executive Director of Finance & Administration of A...

Board Members

Name	Position	Tenure	Compensation	Ownership
Mobolaji Adewumi	MD, CEO & Executive Director	4.3yrs	no data	no data
Oladipupo Ayodele	Executive Director of Operations & Treasury and Executive Director	3.9yrs	no data	no data
Obinna Ufudo	Non-Executive Director	less than a year	no data	no data
Jewel Okwechime	Non-Executive Director	3.2yrs	no data	no data
Samuel Oni	Independent Non-Executive Chairman	7.8yrs	no data	no data
Marius Umego	Non-Executive Director	4.3yrs	no data	no data
John Obasa	Non-Executive Director	4.3yrs	no data	no data
Christabel Onyejekwe	Independent Non-Executive Director	4.3yrs	no data	no data
Chika Ochonogor	Non-Executive Director	3.8yrs	no data	no data

4.3yrs

Average Tenure

Experienced Board: ABBEYBDS's board of directors are considered experienced (4.3 years average tenure).

Abbey Mortgage Bank Management

Management criteria checks 1/4

Key information

Recent management updates

Abbey Mortgage Bank plc Announces Management Changes

Abbey Mortgage Bank plc Announces Management Changes

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Investor sentiment deteriorates as stock falls 18%

Full year 2023 earnings released: EPS: ₦0.084 (vs ₦0.075 in FY 2022)

Investor sentiment improves as stock rises 21%

Abbey Mortgage Bank plc Announces Management Changes

Abbey Mortgage Bank plc Announces Management Changes

Investor sentiment improves as stock rises 19%

Investor sentiment deteriorates as stock falls 17%

Third quarter 2023 earnings released: EPS: ₦0.031 (vs ₦0.026 in 3Q 2022)

New minor risk - Share price stability

Investor sentiment improves as stock rises 18%

New minor risk - Profit margin trend

Investor sentiment improves as stock rises 33%

Second quarter 2023 earnings released: EPS: ₦0.02 (vs ₦0.024 in 2Q 2022)

Investor sentiment deteriorates as stock falls 18%

New minor risk - Revenue size

First quarter 2023 earnings released: EPS: ₦0.045 (vs ₦0.011 in 1Q 2022)

Full year 2022 earnings released: EPS: ₦0.065 (vs ₦0.089 in FY 2021)

Less than half of directors are independent

Third quarter 2022 earnings released

Second quarter 2022 earnings released: EPS: ₦0.024 (vs ₦0.03 in 2Q 2021)

First quarter 2022 earnings released: EPS: ₦0.044 (vs ₦0.009 in 1Q 2021)

Investor sentiment improved over the past week

Less than half of directors are independent

Abbey Mortgage Bank Plc has completed a Follow-on Equity Offering in the amount of NGN 3.027692 billion.

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: EPS ₦0.034 (vs ₦0.027 loss in 3Q 2020)

Second quarter 2021 earnings released

First quarter 2021 earnings released

Full year 2020 earnings released: ₦0.68 loss per share (vs ₦0.015 loss in FY 2019)

New 90-day low: ₦1.00

New 90-day low - ₦0.95

CEO

Tenure

Board Members

Average Tenure