Earnings ReportFeatured

Stanbic IBTC Announces N1.50 Interim Cash Dividend, Against N1.00 in the Corresponding Period

Coy: STANBIC IBTC. (STANBIC)
Rating: Hold
Current Market Price: N28.00
Year High: N27.50
Year Low: N19.50
Fair Value: N40.05
By: Jeariogbe Tunde Segun (Equity Analyst)

Earnings Brief

  • The management of Stanbic IBTC has announced an Interim Cash Dividend of N1.50 for the period ended 30th June, 2022
  • The closure date for the said interim dividend is 7th September, 2022
  • Thus, the qualification date is 6th September, 2022
  • Meanwhile, the said dividend will be credited to qualified shareholders’ account on the 21st September, 2022
  • The management of Stanbic Ibtc bank successfully built its key financial ratios above the corresponding period.
  • Kindly see below for details.
STANBIC IBTC HOLDINGS
Bourse Nigerian Stock Exchange
Code Name  STANBIC
Sector FINANCIAL SERVICES
Market Classification Main Board
Nature of Business Commercial Banking
Date of Incorporation Mar-14-2012
Date Listed Nov-23-2012
End of Accounting Year 31st December
Website www.stanbicibtc.com
Registrar FIRST REGISTRARS LTD
Auditor KPMG Professional Services
Share Price@Relsd (N)                                                        28.00
Earnings per Share                                                          2.37
Intrinsic Value(N)                                                        29.46
Share Outstanding 12,956,997,163
Market Capitalisation                                      362,795,920,564
STANBIC IBTC HOLDINGS
Statement of Comprehensive Income
  2022 2021 %CHG
GROSS EARNINGS                133,704,000,000               93,592,000,000 42.86
INTEREST INCOME                  68,248,000,000               44,229,000,000 54.31
INTEREST EXPENSES                  17,895,000,000               11,350,000,000 57.67
NET INTEREST INCOME                  50,353,000,000               32,879,000,000 53.15
OPEX                  67,865,000,000               55,365,000,000 22.58
DEPRECIATION                     3,612,000,000                 3,354,000,000 7.69
AMORTISATION                        382,000,000                     380,000,000 0.53
PBT                  39,978,000,000               24,707,000,000 61.81
TAX                     9,309,000,000                 2,164,000,000 330.18
PAT                  30,669,000,000               22,543,000,000 36.05
TOTAL COMP INCOME                  28,784,000,000                 8,458,000,000 240.32
Statement of Financial Position
Total Assets            3,148,856,000,000         2,427,364,000,000 29.72
Total Liabilities            2,770,861,000,000         2,080,923,000,000 33.16
Net Assets                377,995,000,000            346,441,000,000 9.11
Property Plan & Equipment                  43,070,000,000               30,645,000,000 40.54
Retained Earnings                260,234,000,000            230,097,000,000 13.10
Total Deposits            1,691,858,000,000         1,350,926,000,000 25.24
Total Loans and Advances            1,069,166,000,000            767,817,000,000 39.25
Financial Strength/Solvency Ratio
TICKERS 2022 2021 %CHG
Debt Ratio 88.00% 85.73% 2.65
Total Debt to Equity Ratio (MRQ)                                        7.33                                    6.01 22.04
Equity Ratio 12.00% 14.27% -15.89
Beta Value                                        0.62                                    1.11 -44.14
PROFITABILITY RATIOS
TICKERS 2022 2021 %CHG
PRE-TAX MARGIN 29.90% 26.40% 13.26
EFFECTIVE TAX RATE 23.29% 8.76% 165.85
IE TO GE 13.38% 12.13% 10.36
ROAE 8.11% 6.51% 24.69
ROAA 0.97% 0.93% 4.87
EFFICIENCY RATIOS
TICKERS 2022 2021  
OPEX TO GE 50.76% 59.16% 14.20
GE TO TA 4.25% 3.86% 10.13
LDR 63.19% 56.84% 11.19
STANBIC IBTC HOLDINGS
Investment/Valuation Ratios
Tickers 2022 2021 %Chg
EPS 2.37 2.15 10.30
TCIP/SHARE 2.22 0.81 175.91
P/E-Ratio 2.96 4.57 -35.24
Earnings Yield 8.45% 5.47% 54.42
BV/Share 29.17 32.98 -11.54
PBV 0.96 1.19 -19.25
DIVIDEND INFORMATION
Tickers 2022 2021 %Chg
Latest Final Dividend                                        1.50                                    1.00 50.00
Final Dividend Pay-Out Ratio 63.37% 46.60% 35.99
Final Dividend Yield 5.36% 2.55% 110.00

Comment here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Earnings ReportFeatured

Stanbic IBTC Announces N1.50 Interim Cash Dividend, Against N1.00 in the Corresponding Period

Coy: STANBIC IBTC. (STANBIC)
Rating: Hold
Current Market Price: N28.00
Year High: N27.50
Year Low: N19.50
Fair Value: N40.05
By: Jeariogbe Tunde Segun (Equity Analyst)

Earnings Brief

  • The management of Stanbic IBTC has announced an Interim Cash Dividend of N1.50 for the period ended 30th June, 2022
  • The closure date for the said interim dividend is 7th September, 2022
  • Thus, the qualification date is 6th September, 2022
  • Meanwhile, the said dividend will be credited to qualified shareholders’ account on the 21st September, 2022
  • The management of Stanbic Ibtc bank successfully built its key financial ratios above the corresponding period.
  • Kindly see below for details.
STANBIC IBTC HOLDINGS
Bourse Nigerian Stock Exchange
Code Name  STANBIC
Sector FINANCIAL SERVICES
Market Classification Main Board
Nature of Business Commercial Banking
Date of Incorporation Mar-14-2012
Date Listed Nov-23-2012
End of Accounting Year 31st December
Website www.stanbicibtc.com
Registrar FIRST REGISTRARS LTD
Auditor KPMG Professional Services
Share Price@Relsd (N)                                                        28.00
Earnings per Share                                                          2.37
Intrinsic Value(N)                                                        29.46
Share Outstanding 12,956,997,163
Market Capitalisation                                      362,795,920,564
STANBIC IBTC HOLDINGS
Statement of Comprehensive Income
  2022 2021 %CHG
GROSS EARNINGS                133,704,000,000               93,592,000,000 42.86
INTEREST INCOME                  68,248,000,000               44,229,000,000 54.31
INTEREST EXPENSES                  17,895,000,000               11,350,000,000 57.67
NET INTEREST INCOME                  50,353,000,000               32,879,000,000 53.15
OPEX                  67,865,000,000               55,365,000,000 22.58
DEPRECIATION                     3,612,000,000                 3,354,000,000 7.69
AMORTISATION                        382,000,000                     380,000,000 0.53
PBT                  39,978,000,000               24,707,000,000 61.81
TAX                     9,309,000,000                 2,164,000,000 330.18
PAT                  30,669,000,000               22,543,000,000 36.05
TOTAL COMP INCOME                  28,784,000,000                 8,458,000,000 240.32
Statement of Financial Position
Total Assets            3,148,856,000,000         2,427,364,000,000 29.72
Total Liabilities            2,770,861,000,000         2,080,923,000,000 33.16
Net Assets                377,995,000,000            346,441,000,000 9.11
Property Plan & Equipment                  43,070,000,000               30,645,000,000 40.54
Retained Earnings                260,234,000,000            230,097,000,000 13.10
Total Deposits            1,691,858,000,000         1,350,926,000,000 25.24
Total Loans and Advances            1,069,166,000,000            767,817,000,000 39.25
Financial Strength/Solvency Ratio
TICKERS 2022 2021 %CHG
Debt Ratio 88.00% 85.73% 2.65
Total Debt to Equity Ratio (MRQ)                                        7.33                                    6.01 22.04
Equity Ratio 12.00% 14.27% -15.89
Beta Value                                        0.62                                    1.11 -44.14
PROFITABILITY RATIOS
TICKERS 2022 2021 %CHG
PRE-TAX MARGIN 29.90% 26.40% 13.26
EFFECTIVE TAX RATE 23.29% 8.76% 165.85
IE TO GE 13.38% 12.13% 10.36
ROAE 8.11% 6.51% 24.69
ROAA 0.97% 0.93% 4.87
EFFICIENCY RATIOS
TICKERS 2022 2021  
OPEX TO GE 50.76% 59.16% 14.20
GE TO TA 4.25% 3.86% 10.13
LDR 63.19% 56.84% 11.19
STANBIC IBTC HOLDINGS
Investment/Valuation Ratios
Tickers 2022 2021 %Chg
EPS 2.37 2.15 10.30
TCIP/SHARE 2.22 0.81 175.91
P/E-Ratio 2.96 4.57 -35.24
Earnings Yield 8.45% 5.47% 54.42
BV/Share 29.17 32.98 -11.54
PBV 0.96 1.19 -19.25
DIVIDEND INFORMATION
Tickers 2022 2021 %Chg
Latest Final Dividend                                        1.50                                    1.00 50.00
Final Dividend Pay-Out Ratio 63.37% 46.60% 35.99
Final Dividend Yield 5.36% 2.55% 110.00

Comment here

This site uses Akismet to reduce spam. Learn how your comment data is processed.