Jaiz Bank Leads Nigerian Lenders With 106.6% Stock Gain
Jaiz Bank PLC recorded a total portfolio value increase of 106.6% within the first four months of the year, compared to an average gain of 55.69% for the overall market benchmark. The bank's share price opened the year at N4.55 per share and closed at N9.40 per share, representing a net capital gain of 106.6%.
The Nigerian Exchange (NGX) reported that the average gain for the banking sector was 50.50%. Jaiz Bank's performance outpaced the average returns of other indices, including the NGX Premium Index, which recorded an average return of 76.64%, and the NGX Pension Index, which rose by 69.02%.
The NGX 30 Index, measuring the performance of Nigeria's 30 largest companies, closed with an average gain of 55.55%. This bullish trend reflects strong investor confidence in Jaiz Bank's outlook for the year.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Jaiz Bank Shareholders Achieve 107% Gain Amid Strong Earnings
Jaiz Bank Reports N31.24bn Profit for 2025 Fiscal Year
Jaiz Bank Plc Declares 2025 Financial Year Dividend
Jaiz Bank PLC Board Meeting Notice Filed on NGX
Zenith Bank Reports Strong Q1 2026 Earnings Growth
Nigerian Banks' Interest Income Hits N4.6 Trillion in Q1 2026
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
