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Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
FIRST BANK OF NIGERIA PLC
Main Activities: Banking and Credit Intermediation - Insurance Carriers and Related Activities - Securities and Commodity Exchanges
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Company Information |
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Full name FIRST BANK OF NIGERIA PLC Headquarters Samuel Asabia House, 35, Marina, Lagos. ; Lagos; Lagos; P.O.Box 5216 |
Status: Listed Legal Form: Other non-liability limited Operational Status: Operational ISIN CODE : NGFIRSTBANK7 Financial Auditors: Akintola Williams Deloitte and PKF Pannell Kerr Forster (2009) Total Employees: 8,557 Tel: +23419052326 |
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Company Description |
| First Bank of Nigeria PLC is a Nigeria-based bank that offers a range of financial services. The Bank is divided into three business segments: corporate banking, personal banking and e-banking services. Its products are targeted at corporate and individuals customers. The Bank operates through several subsidiaries, providing a range of banking services, including corporate banking, capital market operations, funds management, insurance brokerage, trusteeship, registrarship and pension custodianship. | ||
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Company Analysis |
| According to the Consolidated - Audited financial statement for the Year of 2011, total net operating revenues increased with 46.43%, from NGN 133,817,000 thousands to NGN 195,946,008 thousands. Operating result increased from NGN 43,188,000 thousands to NGN 50,066,000 thousands which means 15.93% change. The results of the period increased 34.04% reaching NGN 44,785,000 thousands at the end of the period against NGN 33,411,000 thousands last year. Return on equity (Net income/Total equity) went from 0.00% to 4645.75%, the Return On Asset (Net income / Total Asset) went from 1.45% to 1.58% and the Net Profit Margin (Net Income/Net Sales) went from 24.97% to 22.86% when compared to the same period of last year. |
Key Executives |
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Companies with Similar Main Activities |
FULL COMPANY PROFILE
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2012 Q3C (cons) |
2011 Y (cons) |
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| Non-Audited | Audited | |
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| WVB Company Financials | WVB Company Financials | |
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| Unit | Thousands | Thousands |
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Balance Sheet
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Total Assets |
3,114,223,104 |
2,839,373,056 |
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Shareholders Equity |
0 |
964,000 |
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| * All the accounts are in NGN. | ||
Income Statement
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Total Operating Revenue |
160,275,992 |
195,946,008 |
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Operational Profit (Loss) |
75,724,000 |
50,066,000 |
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Net Profit (Loss) |
69,199,000 |
44,785,000 |
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| * All the accounts are in NGN. | ||
Ratios
| Profitability Ratios | ||
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Return on Assets (ROA) |
2.22% |
1.58% |
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Annualised Return on Assets (ROA) |
2.96% |
1.58% |
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Return on Sales (ROS) |
43.18% |
24.41% |
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Gross Profit Margin |
100% |
100% |
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Operating Profit Margin |
9.43% |
-7.65% |
| Efficiency Ratios | ||
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Fixed-asset turnover |
0.05x |
0.06x |
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Asset Turnover |
0.05x |
0.06x |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
15,115,000 |
-11,715,000 |
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EBITDA |
15,115,000 |
-1,541,000 |
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Enterprise value |
237,945,460 |
-87,181,457 |
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Enterprise Value / EBITDA |
15.74 |
56.57 |
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Bookvalue (BV) |
3,114,223,104 |
2,839,373,056 |
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Net Cash |
246,640,992 |
378,571,008 |
| Market ratios | ||
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Market Capitalization/EBITDA |
32.06 |
-188.47 |
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Price/Book Ratio |
0.16 |
0.10 |
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Market Cap / Net cash |
1.96 |
0.77 |
| Trend Ratios | ||
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Revenue Trend |
121.7% |
151.03% |
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Net Income Trend |
159.91% |
134.04% |
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Operating Income Trend |
-119.54% |
272.32% |
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