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.