Here is List of 7 biggest banks in Nigeria and their market value in 2025, GTB breaks record

• A breakdown of the database of the astir invaluable commercialized banks successful Nigeria arsenic of July 2025 has been revealed
• In caller weeks, the stock terms of fiscal institutions has been connected the rise, led by GTCO, the genitor institution of GTBank
• For the archetypal clip successful history, a Nigerian fiscal instauration crossed the N100 per stock people connected the NGX

Legit.ng journalist Dave Ibemere has implicit a decennary of acquisition successful concern journalism, with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.

Guaranty Trust Holding Company Plc has emerged arsenic the astir invaluable commercialized slope successful Nigeria based connected marketplace capitalisation.

Data obtained from the Nigerian Exchange showed that the combined marketplace capitalisation of 7 fiscal institutions listed connected the NGX stood astatine N13 trillion arsenic of Friday, July 18.

GT leads the database of the astir invaluable banks successful Nigeria Photo recognition :Bloomberg/contributor
Source: Getty Images

Market capitalisation refers to however overmuch a institution is worthy arsenic determined by the banal market.

It is calculated by multiplying the company's existent stock terms by the fig of shares outstanding.

The 7 existent astir invaluable banks

Here is the existent ranking of the 10 biggest banks successful Nigeria based connected their marketplace cap.

1. GTCO – N3.4 trillion

Guaranty Trust Holding Company Plc, the genitor institution of GTbank leads the battalion with a marketplace capitalisation of N3.4 trillion.

GTCO precocious acceptable a caller erstwhile it became the archetypal financial instauration banal to commercialized astatine implicit N100 on the Nigerian exchange.

This feat has helped propulsion it to go the existent astir invaluable slope successful Nigeria.

Market analysts property the rally to increasing capitalist optimism pursuing GTCO’s dual-market strategy and recapitalisation thrust aimed astatine strengthening its banking subsidiary successful Nigeria.

2. Zenith Bank – N3.1 trillion

Zenith Bank is successful 2nd place, with a marketplace worth of N3.1 trillion, maintaining its presumption arsenic 1 of Nigeria’s astir capitalised fiscal institutions.

The slope has a beardown bottommost line, which has attracted investors to its shares.

In 2024 fiscal year, Zenith Bank's nett earlier taxation (PBT) roseate by 67%, reaching N1. 3 trillion successful 2024 from N796 cardinal successful 2023.

The slope said its beardown effect is driven by a operation of top-line enlargement and businesslike treasury portfolio management.

3. United Bank for Africa (UBA) – N1.9 trillion

UBA follows successful 3rd with a valuation of N1.9 trillion, backed by a emergence successful its stock terms and robust fiscal results.

UBA successful 2024 grew its nett to N804 Billion and declared N3.00 Kobo last dividend successful its afloat twelvemonth 2024 audited financials.

The worth of Nigerian banks is growing Photo credit: Nurphoto
Source: Getty Images

4. Stanbic IBTC – N1.6 trillion

Stanbic IBTC Holdings ranks 4th with a marketplace capitalisation of N1.6 trillion, continuing its upward momentum driven by beardown capitalist demand.

The fiscal instauration presently has the second-highest stock terms among banks, trading supra N90, and is conscionable little than N1 distant from breaking into the N100-per-share club.

5. First Bank Holdings (First HoldCo) – N1.5 trillion

First Bank, Nigeria’s oldest fiscal institution, has a marketplace worth of N1.5 trillion. The slope has precocious been successful the quality owed to a large stock merchantability and acquisition transaction involving Oba Otudeko, Hassan Odukale, and Femi Otedola.

Its stock terms roseate to implicit N33, pursuing reports of important artifact trades and accrued capitalist activity.

6. Access Holdings – N1.4 trillion

Access Holdings is sixth connected the database with a valuation of N1.4 trillion

The slope has been actively pursuing acquisitions to grow its presence, peculiarly successful East Africa.

Recent acquisitions see National Bank of Kenya from KCB Group and Standard Chartered Tanzania operations.

7. Fidelity Bank - N1.1 trillion

Fidelity Bank rounds retired the database of Nigeria’s trillion-naira banks with a marketplace capitalisation of N1.1 trillion.

The slope has received renewed involvement from investors. Vanguard besides reports that AMCON has offloaded its shares.

Meet Nigeria’s biggest banks by assets

In a related development, Legit.ng revealed the apical biggest banks successful Nigeria by plus base.

The database see Ecobank, Wema Bank, FCMB, FirstHoldco, and AccessCorp.

Asset maturation is becoming cardinal to measuring marketplace dynamics.

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Source: Legit.ng