Stanbic IBTC Holdings PLC, a financial holding company, provides banking and other financial services to corporate and individual customers in Nigeria and internationally.
Stanbic IBTC Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₦39.50|
|52 Week High||₦33.17|
|52 Week Low||₦45.64|
|1 Month Change||1.28%|
|3 Month Change||-2.95%|
|1 Year Change||4.74%|
|3 Year Change||0.18%|
|5 Year Change||171.08%|
|Change since IPO||944.97%|
Recent News & Updates
|STANBIC||NG Diversified Financial||NG Market|
Return vs Industry: STANBIC underperformed the NG Diversified Financial industry which returned 28% over the past year.
Return vs Market: STANBIC underperformed the NG Market which returned 40.4% over the past year.
Stable Share Price: STANBIC is less volatile than 75% of NG stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: STANBIC's weekly volatility (1%) has been stable over the past year.
About the Company
Stanbic IBTC Holdings PLC, a financial holding company, provides banking and other financial services to corporate and individual customers in Nigeria and internationally. The company’s Personal and Business Banking segment accepts deposits; and offers residential accommodation loans and instalment finance to personal market customers, and vehicles and equipment finance to the business market. It also provides transactional and lending products, such as electronic banking, cheque accounts, and other lending products, as well as credit and debit card facilities.
Stanbic IBTC Holdings Fundamentals Summary
|STANBIC fundamental statistics|
Is STANBIC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|STANBIC income statement (TTM)|
|Cost of Revenue||₦0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||4.49|
|Net Profit Margin||34.79%|
How did STANBIC perform over the long term?See historical performance and comparison
8.9%Current Dividend Yield
Is Stanbic IBTC Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: STANBIC (NGN39.5) is trading above our estimate of fair value (NGN19.5)
Significantly Below Fair Value: STANBIC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: STANBIC is good value based on its PE Ratio (8.8x) compared to the African Diversified Financial industry average (10.6x).
PE vs Market: STANBIC is poor value based on its PE Ratio (8.8x) compared to the NG market (7.4x).
Price to Earnings Growth Ratio
PEG Ratio: STANBIC is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: STANBIC is overvalued based on its PB Ratio (1.5x) compared to the XF Diversified Financial industry average (0.9x).
How is Stanbic IBTC Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: STANBIC's forecast earnings growth (20.3% per year) is above the savings rate (13.2%).
Earnings vs Market: STANBIC's earnings (20.3% per year) are forecast to grow faster than the NG market (15.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: STANBIC's revenue (16.3% per year) is forecast to grow faster than the NG market (10.4% per year).
High Growth Revenue: STANBIC's revenue (16.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: STANBIC's Return on Equity is forecast to be low in 3 years time (18.6%).
How has Stanbic IBTC Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: STANBIC has high quality earnings.
Growing Profit Margin: STANBIC's current net profit margins (34.8%) are lower than last year (42.9%).
Past Earnings Growth Analysis
Earnings Trend: STANBIC's earnings have grown significantly by 20.2% per year over the past 5 years.
Accelerating Growth: STANBIC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: STANBIC had negative earnings growth (-28.7%) over the past year, making it difficult to compare to the Diversified Financial industry average (32.9%).
Return on Equity
High ROE: STANBIC's Return on Equity (17.5%) is considered low.
How is Stanbic IBTC Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: STANBIC's Assets to Equity ratio (7x) is low.
Allowance for Bad Loans: STANBIC has a sufficient allowance for bad loans (122%).
Low Risk Liabilities: 65% of STANBIC's liabilities are made up of primarily low risk sources of funding.
Loan Level: STANBIC has an appropriate level of Loans to Assets ratio (31%).
Low Risk Deposits: STANBIC's Loans to Deposits ratio (56%) is appropriate.
Level of Bad Loans: STANBIC has a high level of bad loans (3.2%).
What is Stanbic IBTC Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: STANBIC's dividend (8.87%) is higher than the bottom 25% of dividend payers in the NG market (3.28%).
High Dividend: STANBIC's dividend (8.87%) is in the top 25% of dividend payers in the NG market (7.27%)
Stability and Growth of Payments
Stable Dividend: STANBIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: STANBIC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (90.1%), STANBIC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: STANBIC's dividends in 3 years are forecast to be well covered by earnings (43.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Demola Sogunle (56 yo)
Dr. Demola Sogunle, B.Sc, M.Sc, Ph D., MBA, has been the Chief Executive and Managing Director at Stanbic IBTC Holdings Plc and also serves as its Director since 2020. He had been Chief Executive of Stanbi...
Experienced Management: STANBIC's management team is considered experienced (3.1 years average tenure).
Experienced Board: STANBIC's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Stanbic IBTC Holdings PLC's employee growth, exchange listings and data sources
- Name: Stanbic IBTC Holdings PLC
- Ticker: STANBIC
- Exchange: NGSE
- Founded: 1989
- Industry: Other Diversified Financial Services
- Sector: Diversified Financials
- Market Cap: ₦511.801b
- Shares outstanding: 12.96b
- Website: https://www.stanbicibtc.com
Number of Employees
- Stanbic IBTC Holdings PLC
- I.B.T.C. Place
- Walter Carrington Crescent
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 21:00|
|End of Day Share Price||2021/10/21 00:00|
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.