9am News Nigeria reports that Stanbic IBTC Holdings Plc has seen its stock price soar 17% so far in July 2025, pushing its year-to-date gain above an impressive 71%. This performance cements the bank’s status as one of the strongest performers on the Nigerian Exchange (NGX) this year.
Starting the year at N58, Stanbic IBTC shares are now trading at N99, just a step away from crossing the N100 mark—a level that would make it only the second banking stock to do so in 2025 after GTCO.
The surge comes on the back of robust financial results and positive investor sentiment around the banking sector. In its Q1 2025 results, the bank reported a pretax profit of N116.4 billion, representing an 85.6% year-on-year increase.
At its 13th Annual General Meeting (AGM) in May, shareholders approved a final dividend payout of N3.00 per 50 kobo share, which was disbursed the same month further boosting investor confidence.
Stanbic IBTC shares opened 2025 at N58, closing January at N64.35 on a trading volume of 13 million shares. A mild pullback from February through April saw the stock dip to N61.05.
The rally resumed strongly in late April after the company released its stellar Q1 results, with positive momentum extending through May and June. By the end of the first half of 2025, the stock was up 47%, with the recent rally in July lifting its year-to-date gain above 71%.
Major Loan Deal to Boost Africa-China Trade
A significant driver of investor optimism is Stanbic IBTC’s strategic expansion. Recently, the bank signed a three-year loan facility worth CNY800 million (approximately N172 billion) with the China Development Bank to boost Africa-China trade.
The facility aims to provide targeted financing for Nigerian corporates and institutions engaged in cross-border trade and investment between Africa and China.
Commenting on the milestone, Wole Adeniyi, CEO of Stanbic IBTC Bank, stated:
“We are delighted to announce this landmark agreement with China Development Bank, which reflects the strength of our strategic partnerships and our shared commitment to Africa’s economic development.
This gives us direct access to liquidity in CNY, allowing us to better serve clients engaged in Africa-China trade and investment.”
With its fundamentals remaining strong and strategic partnerships expanding, Stanbic IBTC looks well-positioned to sustain investor interest in the months ahead.
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