Stanbic IBTC Holdings Plc closed at ₦101 on the Nigerian Exchange, surpassing the ₦100 per share mark for the first time and reinforcing its status as one of Nigeria’s strongest financial performers.
The stock has gained 18 percent month-to-date, reflecting rising investor confidence supported by solid earnings and strategic expansion moves. In July alone, Stanbic IBTC appreciated by 23 percent, largely driven by its impressive first-quarter results.
The group reported a pre-tax profit of ₦116.4 billion in Q1 2025, marking an 85.6 percent increase compared to the same period in 2024. The results have not only strengthened Stanbic IBTC’s position in the market but also provided renewed momentum for the wider banking sector.
Further reinforcing its capital base, the bank recently secured a three-year loan facility worth CNY800 million (₦172 billion) from the China Development Bank. The funding underscores the group’s long-term focus on cross-border collaboration and sustainable capital raising, while deepening financial relations between Africa and China.
Stanbic IBTC has recorded over 180 million shares traded so far this year, with a 74 percent return delivered to shareholders, affirming its resilience and sustained momentum in the equities market.
Acting Chief Executive Kunle Adedeji attributed the bank’s strong showing to its consistent and deliberate strategy.
“Our commitment to delivering significant value for our shareholders is unrelenting,” Adedeji stated.
Wole Adeniyi, Chief Executive of Stanbic IBTC Bank, echoed this perspective, stressing the institution’s forward-facing outlook.
“We’re not just building for today. We are shaping a future where our shareholders and partners can grow with us,” he said.
With disciplined leadership, continued innovation, and a loyal investor base, Stanbic IBTC is reinforcing its role as one of Nigeria’s most influential and future-ready financial institutions.
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