company background image
ETI logo

Ecobank Transnational NGSE:ETI Stock Report

Last Price

₦24.05

Market Cap

₦591.5b

7D

0%

1Y

95.5%

Updated

19 May, 2024

Data

Company Financials

Ecobank Transnational Incorporated

NGSE:ETI Stock Report

Market Cap: ₦591.5b

ETI Stock Overview

Provides retail, corporate, and investment banking services in Africa and internationally.

ETI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends2/6

Ecobank Transnational Incorporated Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ecobank Transnational
Historical stock prices
Current Share Price₦24.05
52 Week High₦28.80
52 Week Low₦12.00
Beta0.31
1 Month Change-7.50%
3 Month Change-3.80%
1 Year Change95.53%
3 Year Change353.77%
5 Year Change139.30%
Change since IPO-85.73%

Recent News & Updates

Recent updates

Shareholder Returns

ETING BanksNG Market
7D0%-5.8%-1.3%
1Y95.5%68.5%117.9%

Return vs Industry: ETI exceeded the NG Banks industry which returned 68.5% over the past year.

Return vs Market: ETI underperformed the NG Market which returned 117.8% over the past year.

Price Volatility

Is ETI's price volatile compared to industry and market?
ETI volatility
ETI Average Weekly Movement6.8%
Banks Industry Average Movement9.4%
Market Average Movement7.6%
10% most volatile stocks in NG Market10.6%
10% least volatile stocks in NG Market3.1%

Stable Share Price: ETI has not had significant price volatility in the past 3 months.

Volatility Over Time: ETI's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198514,982Jeremy Edward Aworiwww.ecobank.com

Ecobank Transnational Incorporated, together with its subsidiaries, provides retail, corporate, and investment banking services in Africa and internationally. The company operates through Corporate & Investment Bank, Commercial Banking, and Consumer segments. It offers current accounts, savings accounts, and term deposits; debit, credit, and prepaid cards; trade services and finance; and personal, auto/asset acquisition, mortgage, travel, and cash backed loans.

Ecobank Transnational Incorporated Fundamentals Summary

How do Ecobank Transnational's earnings and revenue compare to its market cap?
ETI fundamental statistics
Market cap₦591.45b
Earnings (TTM)₦422.38b
Revenue (TTM)₦2.54t

1.4x

P/E Ratio

0.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ETI income statement (TTM)
RevenueUS$1.73b
Cost of RevenueUS$20.83m
Gross ProfitUS$1.71b
Other ExpensesUS$1.42b
EarningsUS$287.82m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.012
Gross Margin98.80%
Net Profit Margin16.62%
Debt/Equity Ratio129.2%

How did ETI perform over the long term?

See historical performance and comparison

Dividends

6.7%

Current Dividend Yield

9%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.