First HoldCo Plc, together with its subsidiaries, provides commercial banking, investment banking, corporate banking, and other financial services in Nigeria, the United Kingdom, and rest of Africa. The company operates through Commercial Banking Business Group; Merchant Banking and Asset Management Business Group (MBAM); and Others segments. The Commercial Banking Business Group segment offers financial intermediation services to individual, and corporate clients/customers. The MBAM segment provides advisory, asset management, markets, and private equity services to corporations and governments; and merchant banking services. The Others segment offers insurance brokerage services. The company also provides funds management, investment and general trading, trusteeship, real estate investment, financial/ investment advisory, and portfolio management services. In addition, it is involved in the venture capital and private equity business. Further, the company offers retail banking products and services, such as credit cards, mortgages, term loans, and overdrafts facilities. The company was formerly known as FBN Holdings Plc and changed its name to First HoldCo Plc in February 2025. First HoldCo Plc was founded in 1894 and is based in Lagos, Nigeria.
Metrics to compare | FIRSTHOLD | Peers Peers - average of corresponding metrics from companies closely matching FIRSTHOLD: FCMB, STERLINGNG, UBA, GTCO, ACCESSCORP | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipFIRSTHOLDPeersSector |
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P/E Ratio | 1.3x | 4.7x | 8.9x | |
PEG Ratio | 0.01 | 0.03 | 0.03 | |
Price/Book | 0.4x | 0.9x | 1.0x | |
Price / LTM Sales | 0.5x | 1.1x | 2.7x | |
Upside (Analyst Target) | 6.8% | 25.2% | 18.2% | |
Fair Value Upside | Unlock | 5.8% | 3.1% | Unlock |