STOCK PAGE · Banking · formerly FBNH / FBN Holdings
FIRSTHOLDCO — First HoldCo Plc
₦156.60
As of the 25 Sep 2026 close — not live. Confirm before acting.
Our verdict
A dramatic earnings turnaround with a new 60%-of-profit payout policy signalling a dividend reset — but the price has more than quintupled off its low, so the recovery is largely priced in.
Key facts
P/E ratio~17.7x
Dividend yield0% trailing
Latest dividendNone in the last 12 months (last: ₦0.60, ex-div May 2025)
52-week position₦29.85–₦165 · ~5% below high
Earnings trend
H1 2026 profit after tax of ₦526.1 billion, up 81.6% year-on-year on surging interest income. In July 2026 the board adopted a policy to distribute at least 60% of annual profit, subject to approvals — a dividend reset is signalled.
Stock health card
Nairaview’s qualitative read, 1–5, from the research above — not a recommendation.
Value2/5
Income1/5
Growth5/5
Momentum2/5
Quality3/5
Related
- Banking sector guide
- FTSE Russell lists Dangote Cement on Frontier index
- All listed stocks
- Stock screener
Sources: stockanalysis.com, New Telegraph, Nairametrics. Figures verified against live sources 26–27 Sep 2026. Not investment advice.