From information, the market capitalisation has revealed both Zenith and GTB as the banks that maintained its stand from the beginning of the first quarter of 2023 thereby bagging themselves the title of “most valuable” banks.
While First Bank remains the only Bank that witness its market drops in the first quarter.
According to data report gathered by Legit.ng, Zenith Bank maintained a market capitalisation of N811.60bn, an increase of N43 billion from its starting value of N767.64 billion which is the highest among the 13 banks listed on the Nigerian Stock Exchange while Guaranty Trust Bank also maintained a total market capitalisation of N750.50 billion which puts them in the 2nd position.
In the first quarter, GTB market capital increased with N44.16 billion as against its N706.34 billion from the start in January 2023.
(Legit.ng)