Prime Business AfricaThe first quarter of 2025 was not a good period for shareholders of Access Holdings, as their investment value in the company depreciated by 7.26%.
During the reviewed period, Prime Business Africa analysis showed that while Access Holdings’ shareholders recorded a decline, the stock market banking index appreciated by 6.67%, indicating equity investors had more interest in the company’s industry rivals.
Join our WhatsApp ChannelFurther analysis showed that of the 12 commercial banks listed on the stock market, Access Holdings’ shareholders recorded the highest decline in investment value.
The 7.26% decline resulted in a loss of N93.30 billion in Access Holdings’ shareholders’ investments, at a period investors in Guaranty Trust Holding Company (GTCO) recorded 20.7% increase in their investment value; Wema Bank 17.58%; Fidelity Bank 11.76%; and the United Bank for Africa (UBA) 7.89%.
READ ALSO: Access Holdings Sees Record Growth As Q3 Revenue Surges 114.5% To N3.4trn
Investors in Stanbic IBTC recorded a 6.89% appreciation in their investment value; Jaiz Bank 5.43%; Ecobank 5%; First City Monument Bank (FCMB) 2.64%; and Zenith Bank 2.50%, while First HoldCo reported a 0.17% decrease, and Sterling Bank recorded a 6.51% drop.
The loss recorded by Access Holdings shareholders also affected the company’s market valuation, which fell from N1.28 trillion to N1.19 trillion within three months.
Consequently, the decline led to Access Holdings dropping in the ranking of the most valuable banks in Nigeria, moving from the third spot to the fourth position.
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