Stanbic IBTC Holdings Plc has achieved a remarkable milestone, surpassing the N100 threshold on Tuesday, July 29, 2025, and achieving an impressive month-to-date gain of over 18 percent on the Nigerian Exchange, as at that date. Ending last week at N101, this dynamic stock is not only solidifying its gains but also establishing itself as a key player in the market.
This surge in investor confidence towards Stanbic IBTC reflects a broader enthusiasm surrounding the company’s robust fundamentals, characterised by a stellar performance that includes a significant 23 percent rally, energising the entire banking sector in July.
The upward momentum has been significantly propelled by the group’s exceptional Q1 2025 results, where they reported a remarkable pre-tax profit of N116.4 billion, an astounding increase of 85.6 percent when compared to the same period last year. These results not only demonstrate the bank’s ability to navigate challenging market conditions but also its capacity for sustained growth.
Read also: Stanbic IBTC Holdings rights issue oversubscribed by 21.9%
Furthermore, in a move to bolster its position and enhance operational capabilities, Stanbic IBTC recently secured a substantial three-year CNY800 million (approximately N172 billion) loan facility from the China Development Bank. This strategic partnership reinforces Africa-China trade ties and highlights the company’s forward-thinking vision for growth and innovation.
Amidst an overwhelmingly positive sentiment prevailing in the market, Stanbic IBTC has now delivered an extraordinary year-to-date return of over 74% and a cumulative trading volume of 180 million shares, evidence of its strength and resilience.
Acting Chief Executive, Stanbic IBTC Holdings, Kunle Adedeji, shared his insightful perspectives on the company’s outstanding performance in a recent statement. He emphasised, “Our commitment to delivering significant value for our shareholders is unrelenting. We are excited about our growth trajectory and the opportunities that lie ahead.”`
Read also: Fitch reaffirms Stanbic IBTC Holdings ‘AAA (nga)’ rating
Adedeji highlighted how the company’s focus on innovation and operational excellence has not only bolstered its market position but also boosted the culture of accountability and transparency within the organisation. He noted that the positive results being witnessed today are a direct outcome of the relentless efforts of the dedicated teams who are helping to realise the company’s vision.
Wole Adeniyi, Chief Executive, Stanbic IBTC Bank, elaborated on the future, expressing optimism about the potential that lies ahead. “Being part of a group that actively explores new opportunities and seeks out partnerships to further enhance our capabilities, our strategies are designed not just for immediate returns, but also to build a sustainable future where our shareholders can continue to thrive alongside us”.