Culled—Proshare
January 18, 2018/Proshare Research
Banking stocks remain the toast of most investors among the stocks listed within the financial services sector in particular and the stock market in general.
A review of the share price performance of all banking stocks in the last one year revealed that they are all trading in the green zone.
FIDELITYBK and FBNH topped the chart with +329.03% and +306.34% growth respectively while ACCESS and UBN recorded the least growth with +78.06% and +70.26% gains.
Table 1: Banking Stocks One Year Price Review
| Banking Stocks | ||||
| S/N | Banks | 18-Jan-17 | 18-Jan-18 | % Change |
| 1 | FIDELITYBK | 0.93 | 3.99 | 329.03% |
| 2 | FBNH | 3.63 | 14.75 | 306.34% |
| 3 | STERLNBANK | 0.8 | 2.42 | 202.50% |
| 4 | DIAMONDBNK | 1.19 | 3.47 | 191.60% |
| 5 | STANBIC | 15.82 | 45.01 | 184.51% |
| 6 | FCMB | 1.34 | 3.61 | 169.40% |
| 7 | UBA | 5.1 | 12.65 | 148.04% |
| 8 | SKYEBANK | 0.5 | 1.18 | 136.00% |
| 9 | GUARANTY | 23.91 | 52.11 | 117.94% |
| 10 | ZENITHBANK | 15.8 | 32.3 | 104.43% |
| 11 | ETI | 9.69 | 19.5 | 101.24% |
| 12 | WEMABANK | 0.54 | 1.07 | 98.15% |
| 13 | UNITYBNK | 0.62 | 1.12 | 80.65% |
| 14 | ACCESS | 7.02 | 12.5 | 78.06% |
| 15 | UBN | 4.91 | 8.36 | 70.26% |
| Source: TheAnalyst, NSE | ||||
Similarly, a review of the share price performance of all banking stocks so far in 2018 revealed that they are all also trading in the green zone.
FCMB and SKYEBANK topped the chart with +143.92% and +136.00% growth respectively while STANBIC and UBN recorded the least growth with +8.46% and +7.18% gains.
Table 2: Banking Stocks YTD Price Review
| Banking Stocks | ||||
| S/N | Banks | 29-Dec-17 | 18-Jan-18 | % Change |
| 1 | FCMB | 1.48 | 3.61 | 143.92% |
| 2 | SKYEBANK | 0.5 | 1.18 | 136.00% |
| 3 | DIAMONDBNK | 1.5 | 3.47 | 131.33% |
| 4 | STERLNBANK | 1.08 | 2.42 | 124.07% |
| 5 | UNITYBNK | 0.53 | 1.12 | 111.32% |
| 6 | WEMABANK | 0.52 | 1.07 | 105.77% |
| 7 | FBNH | 8.8 | 14.75 | 67.61% |
| 8 | FIDELITYBK | 2.46 | 3.99 | 62.20% |
| 9 | GUARANTY | 40.75 | 52.11 | 27.88% |
| 10 | ZENITHBANK | 25.64 | 32.3 | 25.98% |
| 11 | UBA | 10.3 | 12.65 | 22.82% |
| 12 | ACCESS | 10.45 | 12.5 | 19.62% |
| 13 | ETI | 17 | 19.5 | 14.71% |
| 14 | STANBIC | 41.5 | 45.01 | 8.46% |
| 15 | UBN | 7.8 | 8.36 | 7.18% |
Source: TheAnalyst, NSE | ||||
