Zenith Bank Now Value at N3trn in Nigerian Bourse
Zenith Bank Plc’s potential caught the eye of investors, causing its market worth to reach approximately N3 trillion in the stock market. The bank’s shares briefly reached a yearly peak of N72 on the Nigerian Exchange but ended the trading day at N71.50 after a slight dip.
The money-making banking stock has delivered on shareholders expectations ahead of the second quarter earnings release, while investors are yearning for its interim dividend, which has become annual ritual.
A growing number of equity analysts have upgraded their estimates and target price after as sharp weekly price appreciation last week. Equity analysts actions reflect expectation that investors will keep hunting for the banking stock before the release of its performance scorecard.
The bank’s expansion drive and huge capital spending on innovations are projected to boost earnings in 2025 amidst expectation that potential rate cut will reduce net margin in the industry.
On forbearance, and single obligor limit, the management has allayed fear Central Bank’s dividend suspension for banks with exposure. According to data from the Nigerian Exchange, Zenith Bank Plc is closely trailing GTCO, the most valuable financial services company in the stock market.
The Nigerian Exchange placed N2.936 trillion as the market value of Zenith Bank Plc’s 41.069 billion shares outstanding in the platform at the close of the trading session on Monday.
Analysts have raised estimates across tier-1 banks following fast, furious, and sharp rallies that have triggered re-rating, except for a few laggards in the category.
The top three banking category kings—GTCO, Zenith Bank, and UBA—valuation has reached N8 trillion, with the orange brand leading the pack, trail by Ajose Adeogun based contender.
The banking index popped higher as these top lenders gained more investors attention ahead of the second quarter of 2025 earnings release. In anticipation of an interim dividend, analysts believes investors will continue to increase positions in top banking names. #Zenith Bank Now Value at N3trn in Nigerian Bourse
